Cardinal Health Balance Sheet Health
Financial Health criteria checks 2/6
Cardinal Health has a total shareholder equity of $-3.4B and total debt of $4.7B, which brings its debt-to-equity ratio to -137%. Its total assets and total liabilities are $46.6B and $50.0B respectively. Cardinal Health's EBIT is $2.0B making its interest coverage ratio 31.2. It has cash and short-term investments of $4.6B.
Key information
-137.0%
Debt to equity ratio
US$4.72b
Debt
| Interest coverage ratio | 31.2x |
| Cash | US$4.59b |
| Equity | -US$3.45b |
| Total liabilities | US$50.02b |
| Total assets | US$46.57b |
Recent financial health updates
No updates
Recent updates
Potential Upside For Cardinal Health, Inc. (NYSE:CAH) Not Without Risk
Apr 14
Is Cardinal Health, Inc. (NYSE:CAH) Trading At A 50% Discount?
Mar 09Cardinal Health: Continued Business Growth And Huge Medical Supplies Market Penetration
Feb 20Cardinal Health, Inc. (NYSE:CAH) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Feb 03Investors Aren't Entirely Convinced By Cardinal Health, Inc.'s (NYSE:CAH) Revenues
Dec 28Cardinal Health Is Setting Up For A Great 2024
Dec 21Cardinal Health, Inc. (NYSE:CAH) Shares Could Be 45% Below Their Intrinsic Value Estimate
Nov 03Cardinal Health: A Revenue Growth Gem Plagued By Symptoms Of Negative Equity
Oct 13Cardinal Health: Better EPS Growth Clarity, Buying Back Shares, A Buy On Valuation
Aug 07Cardinal Health (NYSE:CAH) Shareholders Will Want The ROCE Trajectory To Continue
Aug 05An Intrinsic Calculation For Cardinal Health, Inc. (NYSE:CAH) Suggests It's 45% Undervalued
Jul 14Cardinal Health: Not A Long-Term Investment
May 24The Return Trends At Cardinal Health (NYSE:CAH) Look Promising
Apr 17Cardinal Health, Inc.'s (NYSE:CAH) Intrinsic Value Is Potentially 78% Above Its Share Price
Mar 30Cardinal Health: Downgrading Due To Absence Of Safety Margin (Rating Downgrade)
Feb 21Cardinal Health (NYSE:CAH) Is Due To Pay A Dividend Of $0.4957
Feb 16Cardinal Health declares $0.4957 dividend
Feb 10Cardinal Health FQ2 2023 Earnings Preview
Feb 01Cardinal Health partners with Palantir for data-driven supply chain support
Jan 26Cardinal Health Is A Tempting Healthcare Income Play
Dec 28Cardinal Health (NYSE:CAH) Will Pay A Dividend Of $0.4957
Dec 20Aaron Alt is the new finance chief at Cardinal health
Dec 19Is There An Opportunity With Cardinal Health, Inc.'s (NYSE:CAH) 44% Undervaluation?
Dec 14Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957
Nov 16Cardinal Health: Investable In Potential Pullback Despite Weak Medical Segment
Nov 14Cardinal Health rises on Q1 earnings beat
Nov 04Cardinal Health Is Being Undervalued, Has Significant Upside In The Near Term
Oct 10Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957
Sep 29Cardinal Health: Aristocrat Heading For A Makeover
Sep 26PayrHealth to collaborate with Cardinal Health
Sep 15Cardinal Health in pact with activist investor Elliot for value creation measures
Sep 06Cardinal Health's (NYSE:CAH) Dividend Will Be $0.4957
Sep 01Activist interest in Cardinal Health could unlock value, improve margins - Morgan Stanley
Aug 16Is It Too Late To Consider Buying Cardinal Health, Inc. (NYSE:CAH)?
Aug 15Cardinal Health Q4 2022 Earnings Preview
Aug 10Cardinal Health appoints Michelle Greene as CIO
Aug 01Cardinal Health: Little Price Appreciation Potential But Covered Calls Are Worth Considering
Jul 22Financial 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 (83.7%).
Interest Coverage: CAH's interest payments on its debt are well covered by EBIT (31.2x coverage).