Discontinued — last reported Q1 '24
Business Segments · Goodwill impairment
Medical Surgical — Goodwill impairment
This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2022
Last reportedQ1 2024
Rolls up toGoodwill impairment
How to read this metric
An increase signals that previous acquisitions are underperforming or that market conditions for those specific product lines have deteriorated.
Detailed definition
This metric represents a non-cash charge recognized when the carrying amount of goodwill associated with the Medical Sur...
Peer comparison
Standard impairment testing metric reported by all public companies under GAAP/IFRS when acquisition performance falls below expectations.
Metric ID:
mdt_segment_medical_surgical_goodwill_impairmentHistorical Data
8 periods
| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $61.00M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| QoQ Change | — | -100.0% | — | — | — | — | — | — |
| YoY Change | — | — | — | — | -100.0% | — | — | — |
Range$0.00 – $61.00M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
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Frequently Asked Questions
- What is Medtronic's medical surgical — goodwill impairment?
- Medtronic (MDT) reported medical surgical — goodwill impairment of $0.00 in Q1 2024.
- What does medical surgical — goodwill impairment mean?
- A non-cash expense recorded when the value of acquired businesses in the Medical Surgical segment is determined to have decreased.