MDT · CIK 0001613103 · FY2026 live · 2026-04-30
Medtronic plc
View as
Model
Classic Z
FY2026
1.97
Zone
Grey
Prior
—
Market DD
—
1y PD
—
Meridian Rank
71.36
0–100 · Classic Z tape · not a PD
Book standing
64
Year change
—
Market PD
—
O-score
91
Events on this name
Same published rows as Today. Not a live recompute.
APPROACHING DISTRESS
watch · 44
- liveZ: — → 1.9717188535150232
- cut: — → 1.8
1.97
Z″ 3.75
Score 1.97 · distress below 1.80, grey to 2.99, safe at 3.00 and above.
Classic Z factor contributions
X1 Working capital / assets
Short-term liquidity versus the size of the balance sheet.
0.141.2 × = 0.17X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.351.4 × = 0.49X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.073.3 × = 0.23X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
1.150.6 × = 0.69X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.391 × = 0.39
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Overview
rule-v1
Medtronic plc is on classic Z at 1.97 (grey) for FY2026, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.
Book screen Grey; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Classic Z scores · 76th percentile in Healthcare.
KPI widgets
Current assets
$24.8B
Total assets
$93.0B
Current liabilities
$11.7B
Total liabilities
$43.0B
Working capital
$13.1B
Retained earnings
$32.6B
EBIT
$6.5B
Total sales
$36.4B
Book equity
$49.5B
Accession 0001628280-26-044354. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-04-30). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.