Cardinal Health Balance Sheet Health
Financial Health criteria checks 2/6
Cardinal Health has a total shareholder equity of $-2.6B and total debt of $8.4B, which brings its debt-to-equity ratio to -317.7%. Its total assets and total liabilities are $53.1B and $55.8B respectively. Cardinal Health's EBIT is $2.5B making its interest coverage ratio 13.6. It has cash and short-term investments of $3.9B.
Key information
-317.73%
Debt to equity ratio
US$8.37b
Debt
| Interest coverage ratio | 13.6x |
| Cash | US$3.87b |
| Equity | -US$2.63b |
| Total liabilities | US$55.76b |
| Total assets | US$53.12b |
Recent financial health updates
No updates
Recent updates
Cardinal Health (NYSE:CAH) Has Affirmed Its Dividend Of $0.5107
Sep 23
Cardinal Health Q4 Preview: Accelerating Autoimmune, Urology, And Oncology, Buy
Aug 11Here's Why We Think Cardinal Health (NYSE:CAH) Might Deserve Your Attention Today
Jul 28Investors Still Waiting For A Pull Back In Cardinal Health, Inc. (NYSE:CAH)
Jun 20Cardinal Health's (NYSE:CAH) Shareholders Will Receive A Bigger Dividend Than Last Year
May 09Cardinal Health (NYSE:CAH) Is Looking To Continue Growing Its Returns On Capital
Apr 27Cardinal Health (NYSE:CAH) Has Affirmed Its Dividend Of $0.5056
Mar 25Cardinal Health, Inc. (NYSE:CAH) Not Flying Under The Radar
Feb 25Cardinal Health's (NYSE:CAH) Dividend Will Be $0.5056
Feb 07Cardinal Health: Demand For Medical Supplies To Grow, But Negative Equity Persists
Jan 09Here's Why We Think Cardinal Health (NYSE:CAH) Might Deserve Your Attention Today
Jan 03Cardinal Health (NYSE:CAH) Will Pay A Dividend Of $0.5056
Dec 07Cardinal Health (NYSE:CAH) Is Due To Pay A Dividend Of $0.5056
Nov 23Cardinal Health (NYSE:CAH) Has Affirmed Its Dividend Of $0.5056
Nov 09Results: Cardinal Health, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 05Cardinal Health Q1 Earnings: Margins Signal More Upside
Nov 04
Expanding Oncology And Specialty Solutions To Drive Revenue And Profitability Amidst Evolving Challenges
Cardinal Health's emphasis on enhancing its Specialty Solutions in oncology and strategic partnerships aims to boost revenue growth.Cardinal Health: Growth Headwinds Ahead
Aug 01Cardinal Health: Growing Into The Valuation
Jul 02Cardinal Health's Valuation Makes The Name Unattractive
May 26Cardinal Health Q3 Earnings: Undervalued On Strong Guidance
May 03Cardinal Health: Continued Business Growth And Huge Medical Supplies Market Penetration
Feb 20Cardinal Health Is Setting Up For A Great 2024
Dec 21Cardinal Health: A Revenue Growth Gem Plagued By Symptoms Of Negative Equity
Oct 13Financial Position Analysis
Short Term Liabilities: CAH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CAH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CAH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CAH's debt is well covered by operating cash flow (28.6%).
Interest Coverage: CAH's interest payments on its debt are well covered by EBIT (13.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/06 11:30 |
| End of Day Share Price | 2025/10/06 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cardinal Health, Inc. is covered by 39 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Gregory Bolan | Avondale Partners |
| Eric Coldwell | Baird |