Medtronic Quick Ratio 2010-2024 | MDT

Medtronic quick ratio for the quarter ending July 31, 2024 was 1.61.

  • Medtronic average quick ratio for 2023 was 1.67, a 7.05% decline from 2022.
  • Medtronic average quick ratio for 2022 was 1.56, a 27.44% increase from 2021.
  • Medtronic average quick ratio for 2021 was 2.15, a 17.49% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Medtronic Quick Ratio 2010-2024 | MDT

  • Medtronic average quick ratio for 2023 was 1.67, a 7.05% decline from 2022.
  • Medtronic average quick ratio for 2022 was 1.56, a 27.44% increase from 2021.
  • Medtronic average quick ratio for 2021 was 2.15, a 17.49% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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