Medtronic PLC
MDTCompany Overview
Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiovascular Porrtfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit. The Cardiovascular Portfolio segment includes products for the diagnosis, treatment, and management of cardiac rhythm disorders and cardiovascular disease. The Neuroscience Portfolio is made up of cranial and spinal technologies, specialty therapies, and neuromodulation divisions. The Medical Surgical Portfolio is comprised of surgical innovations and respiratory, gastrointestinal, and renal divisions. The Diabetes Group segment offers insulin pumps, continuous glucose monitoring systems, and insulin pump consumables. The company was founded in 1949 and is headquartered in Dublin, Ireland.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Medtronic PLC |
| Ticker | MDT |
| Main Business | Medical Devices |
| Type | Common Stock |
| Industry | Medical Devices |
| Country | US |
| Market Cap | $101.44 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Cardiovascular | $11,830.0 | $0.0 | - |
| Neuroscience | $9,410.0 | $0.0 | - |
| Medical Surgical | $8,420.0 | $0.0 | - |
| Diabetes | $2,490.0 | $0.0 | - |
| Other Operating Segment | $221.0 | $0.0 | - |
| Total | $32,371.0 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,090,000,000.0 | 1.07% |
| long term debt and capital lease obligation | $23,930,000,000.0 | 23.59% |
| Total Interest-Bearing Debt | $25,020,000,000.0 | 24.66% |
| Market Capitalization | $101,440,000,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |