Current Assets

Total Current Assets

Medtronic Total Current Assets increased by 0.3% to $24.07B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $22.51B to $24.07B. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows relatively stable performance with a 1.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$22.55B$22.43B$22.73B$23.30B$23.06B$22.14B$25.40B$25.36B$21.68B$21.87B$22.08B$22.51B$21.94B$21.95B$22.44B$22.51B$23.81B$23.22B$24.00B$24.07B
QoQ Change-0.5%+1.3%+2.5%-1.0%-4.0%+14.7%-0.1%-14.5%+0.9%+1.0%+2.0%-2.6%+0.1%+2.2%+0.3%+5.8%-2.5%+3.3%+0.3%
YoY Change+2.3%-1.3%+11.7%+8.8%-6.0%-1.2%-13.1%-11.2%+1.2%+0.4%+1.6%+0.0%+8.6%+5.8%+6.9%+6.9%
Range$21.68B$25.40B
CAGR+1.4%
Avg YoY Growth+1.3%
Median YoY Growth+1.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Medtronic's total current assets?
Medtronic (MDT) reported total current assets of $24.07B in Q4 2025.
How has Medtronic's total current assets changed year-over-year?
Medtronic's total current assets increased by 6.9% year-over-year, from $22.51B to $24.07B.
What is the long-term trend for Medtronic's total current assets?
Over 4 years (2021 to 2025), Medtronic's total current assets has grown at a 1.4% compound annual growth rate (CAGR), from $22.55B to $23.81B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.