Medtronic PLC (2M6) — Working Capital to Net Assets Ratio
Medtronic PLC (2M6) has a Working Capital to Net Assets ratio of 29.6% as of January 2026. Working capital of €14.59 Billion (current assets of €24.09 Billion minus current liabilities of €9.50 Billion) is measured against net assets of €49.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2M6 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Medtronic PLC Working Capital to Net Assets (1986–2025)
This chart shows how Medtronic PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of January 2026, the ratio stands at 29.6%, reflecting working capital of €14.59 Billion against net assets of €49.24 Billion EUR. Check Medtronic PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Medtronic PLC (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Medtronic PLC from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 2M6 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.7% | €10.94 Billion | €48.26 Billion | €23.81 Billion | €12.88 Billion | ▲ +0.6 pp |
| 2024 | 22.1% | €11.15 Billion | €50.42 Billion | €21.93 Billion | €10.79 Billion | ▼ -2.3 pp |
| 2023 | 24.4% | €12.62 Billion | €51.66 Billion | €21.68 Billion | €9.05 Billion | ▲ +4.2 pp |
| 2022 | 20.2% | €10.66 Billion | €52.72 Billion | €23.06 Billion | €12.39 Billion | ▼ -7.0 pp |
| 2021 | 27.2% | €14.04 Billion | €51.60 Billion | €22.55 Billion | €8.51 Billion | ▲ +4.3 pp |
| 2020 | 22.9% | €11.66 Billion | €50.87 Billion | €22.03 Billion | €10.37 Billion | ▼ -3.9 pp |
| 2019 | 26.9% | €13.49 Billion | €50.21 Billion | €21.97 Billion | €8.47 Billion | ▲ +1.5 pp |
| 2018 | 25.4% | €12.90 Billion | €50.82 Billion | €22.98 Billion | €10.08 Billion | ▲ +4.2 pp |
| 2017 | 21.1% | €10.65 Billion | €50.42 Billion | €24.87 Billion | €14.22 Billion | ▼ -10.6 pp |
| 2016 | 31.7% | €16.43 Billion | €51.83 Billion | €23.60 Billion | €7.17 Billion | ▼ -9.0 pp |
| 2015 | 40.7% | €21.67 Billion | €53.23 Billion | €30.84 Billion | €9.17 Billion | ▼ -39.7 pp |
| 2014 | 80.4% | €15.64 Billion | €19.44 Billion | €21.21 Billion | €5.57 Billion | ▲ +3.0 pp |
| 2013 | 77.4% | €14.45 Billion | €18.67 Billion | €17.75 Billion | €3.29 Billion | ▲ +54.1 pp |
| 2012 | 23.3% | €3.98 Billion | €17.11 Billion | €9.84 Billion | €5.86 Billion | ▼ -4.3 pp |
| 2011 | 27.6% | €4.40 Billion | €15.97 Billion | €9.12 Billion | €4.71 Billion | ▼ -4.7 pp |
| 2010 | 32.3% | €4.72 Billion | €14.63 Billion | €9.84 Billion | €5.12 Billion | ▼ -1.3 pp |
| 2009 | 33.6% | €4.31 Billion | €12.85 Billion | €7.46 Billion | €3.15 Billion | ▲ +0.7 pp |
| 2008 | 32.8% | €3.79 Billion | €11.54 Billion | €7.32 Billion | €3.54 Billion | ▼ -16.0 pp |
| 2007 | 48.8% | €5.36 Billion | €10.98 Billion | €7.92 Billion | €2.56 Billion | ▼ -14.9 pp |
| 2006 | 63.6% | €5.97 Billion | €9.38 Billion | €10.38 Billion | €4.41 Billion | ▲ +25.0 pp |
| 2005 | 38.7% | €4.04 Billion | €10.45 Billion | €7.42 Billion | €3.38 Billion | ▲ +26.9 pp |
| 2004 | 11.8% | €1.07 Billion | €9.08 Billion | €5.31 Billion | €4.24 Billion | ▼ -23.5 pp |
| 2003 | 35.3% | €2.79 Billion | €7.91 Billion | €4.61 Billion | €1.81 Billion | ▲ +43.0 pp |
| 2002 | -7.7% | €-496.90 Million | €6.43 Billion | €3.49 Billion | €3.98 Billion | ▼ -51.2 pp |
| 2001 | 43.5% | €2.40 Billion | €5.51 Billion | €3.76 Billion | €1.36 Billion | ▼ -1.5 pp |
| 2000 | 45.0% | €2.02 Billion | €4.49 Billion | €3.01 Billion | €991.50 Million | ▲ +6.6 pp |
| 1999 | 38.4% | €1.40 Billion | €3.65 Billion | €2.40 Billion | €990.30 Million | ▼ -9.5 pp |
| 1998 | 47.9% | €979.60 Million | €2.04 Billion | €1.55 Billion | €572.00 Million | ▲ +6.7 pp |
| 1997 | 41.2% | €719.20 Million | €1.75 Billion | €1.24 Billion | €518.70 Million | ▼ -4.5 pp |
| 1996 | 45.7% | €818.20 Million | €1.79 Billion | €1.34 Billion | €525.00 Million | ▼ -2.8 pp |
| 1995 | 48.5% | €647.80 Million | €1.33 Billion | €1.10 Billion | €456.10 Million | ▲ +9.9 pp |
| 1994 | 38.6% | €406.50 Million | €1.05 Billion | €845.90 Million | €439.40 Million | ▼ -12.1 pp |
| 1993 | 50.7% | €426.60 Million | €841.50 Million | €774.70 Million | €348.10 Million | ▲ +2.1 pp |
| 1992 | 48.6% | €387.30 Million | €796.50 Million | €695.90 Million | €308.60 Million | ▲ +1.8 pp |
| 1991 | 46.8% | €320.00 Million | €683.20 Million | €612.10 Million | €292.10 Million | ▲ +6.5 pp |
| 1990 | 40.4% | €218.40 Million | €541.00 Million | €478.80 Million | €260.40 Million | ▲ +0.3 pp |
| 1989 | 40.0% | €189.60 Million | €473.60 Million | €421.20 Million | €231.60 Million | ▼ -18.6 pp |
| 1988 | 58.6% | €232.10 Million | €395.90 Million | €420.80 Million | €188.70 Million | ▼ -3.5 pp |
| 1987 | 62.1% | €240.30 Million | €387.00 Million | €365.90 Million | €125.60 Million | ▼ -1.5 pp |
| 1986 | 63.6% | €221.80 Million | €348.70 Million | €354.80 Million | €133.00 Million | — |