Current Ratio
Updated 54h ago
Sector Performance
80th percentileMDT
2.13x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
MDT’s current ratio of 2.13x means it has $2.13 in short-term assets for every $1 of current liabilities, indicating a comfortable ability to cover upcoming obligations.
This ratio sits well above the sector median of 1.20x, placing the company in the 80th percentile among its peers—stronger liquidity than most. However, because the year-over-year change and quarter-over-quarter change are both listed as N/A, there is no trend data available to assess whether this liquidity position is improving or deteriorating. The combination of a high current ratio with no trend direction implies that while MDT currently faces low short-term risk, investors lack insight into recent shifts in working capital management. This metric alone neither contradicts nor strongly supports the NEUTRAL overall verdict; the adequate liquidity aligns with a neutral stance, but the absence of trend data prevents drawing a more definitive conclusion.
Frequently Asked Questions
What does the Current Ratio tell investors about MDT?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are MDT's closest peers by Current Ratio?
The closest peers by Current Ratio include: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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2.13x
Sector Median
1.20x
Sector Avg
2.57x
How MDT's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.