Medtronic (MDT) Current Deferred Tax Assets (2014 - 2016)
Medtronic (MDT) posted Current Deferred Tax Assets of $697.0 million for Q2 2016, up 38.84% sequentially from $502.0 million in Q1 2016, and down 47.79% YoY from $1.3 billion in Q2 2015.
Medtronic (MDT) Current Deferred Tax Assets (2014 - 2016) Analysis & Trends
Medtronic has reported Current Deferred Tax Assets for 3 years, with the latest figure at $697.0 million in Q2 2016.
- Quarterly Current Deferred Tax Assets fell 47.79% year-over-year to $697.0 million in Q2 2016, while the trailing twelve-month figure through Apr 2016 was $697.0 million (down 47.79% YoY) and the FY2016 annual result came in at $697.0 million, down 47.79% from the prior year.
- Current Deferred Tax Assets climbed to $697.0 million in Q2 2016 per MDT's latest filing, from $502.0 million in the prior quarter.
- Over five years, Current Deferred Tax Assets peaked at $1.6 billion in Q4 2015 and troughed at $502.0 million in Q1 2016.
- A 3-year average of $1.1 billion and a median of $1.0 billion in 2014 frame the typical range for Current Deferred Tax Assets.
- The sharpest annual moves came in 2015 and 2016: Current Deferred Tax Assets jumped 81.39% in 2015, then sank 47.79% in 2016.
- Over 3 years, Current Deferred Tax Assets stood at $736.0 million in 2014, then surged by 119.97% to $1.6 billion in 2015, then plunged by 56.95% to $697.0 million in 2016.
- According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $697.0 million, $502.0 million, and $1.6 billion for Q2 2016, Q1 2016, and Q4 2015 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 19.38 Bn | 18.97 Bn | 1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 29, 2016 | 697.00 Mn |
| Apr 29, 2016 | 697.00 Mn |
| Jan 29, 2016 | 502.00 Mn |
| Jan 29, 2016 | 502.00 Mn |
| Oct 30, 2015 | 1.62 Bn |
| Oct 30, 2015 | 1.62 Bn |
| Jul 31, 2015 | 1.49 Bn |
| Jul 31, 2015 | 1.49 Bn |
| Apr 24, 2015 | 1.34 Bn |
| Apr 24, 2015 | 1.34 Bn |
| Apr 25, 2014 | 736.00 Mn |
| Apr 25, 2014 | 736.00 Mn |