Cardinal Financial Statements From 2010 to 2024

CAH Stock  USD 111.90  0.14  0.12%   
Cardinal Health financial statements provide useful quarterly and yearly information to potential Cardinal Health investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cardinal Health financial statements helps investors assess Cardinal Health's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cardinal Health's valuation are summarized below:
Gross Profit
6.5 B
Profit Margin
0.003
Market Capitalization
27.4 B
Enterprise Value Revenue
0.1273
Revenue
216.1 B
We have found one hundred twenty available fundamental signals for Cardinal Health, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Cardinal Health prevailing fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year.
Check Cardinal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardinal main balance sheet or income statement drivers, such as Depreciation And Amortization of 835.6 M, Interest Expense of 190.1 M or Selling General Administrative of 5.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 36.07, Price Earnings Ratio of 20.57 or Price To Sales Ratio of 0.34. Cardinal financial statements analysis is a perfect complement when working with Cardinal Health Valuation or Volatility modules.
  
This module can also supplement Cardinal Health's financial leverage analysis and stock options assessment as well as various Cardinal Health Technical models . Check out the analysis of Cardinal Health Correlation against competitors.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Cardinal Health Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets52.4 B49.9 B35.8 B
Slightly volatile
Short and Long Term Debt Total3.2 B5.4 B5.4 B
Slightly volatile
Other Current Liabilities45.9 M48.3 M1.4 B
Slightly volatile
Total Current Liabilities40.7 B38.8 B22.9 B
Slightly volatile
Property Plant And Equipment Net1.4 B2.8 B1.9 B
Slightly volatile
Net Debt1.4 B756.7 M2.3 B
Very volatile
Cash4.9 B4.6 B3.3 B
Slightly volatile
Non Current Assets Total6.4 B11 B10.1 B
Slightly volatile
Cash And Short Term Investments4.9 B4.6 B3.3 B
Slightly volatile
Net Receivables13.7 B13 B8.2 B
Slightly volatile
Common Stock Shares Outstanding314.6 M301.3 M295.5 M
Pretty Stable
Liabilities And Stockholders Equity52.4 B49.9 B35.8 B
Slightly volatile
Non Current Liabilities Total15.2 B14.4 B9.9 B
Slightly volatile
Inventory19.2 B18.3 B11.8 B
Slightly volatile
Other Current Assets2.9 B2.7 B1.9 B
Slightly volatile
Total Liabilities55.9 B53.2 B32.8 B
Slightly volatile
Property Plant And Equipment Gross7.6 B7.3 B3.1 B
Slightly volatile
Total Current Assets40.9 B38.9 B25.3 B
Slightly volatile
Short Term Debt956.3 M910.8 M615 M
Slightly volatile
Intangible Assets2.2 B1.7 B1.8 B
Slightly volatile
Accounts Payable36 B34.3 B20 B
Slightly volatile
Common Stock Total Equity2.9 B3.2 B2.8 B
Slightly volatile
Common StockB3.2 B2.7 B
Pretty Stable
Other Liabilities10 B9.5 B4.8 B
Slightly volatile
Other Assets618 M696.9 M702 M
Slightly volatile
Long Term Debt4.4 B4.5 BB
Slightly volatile
Property Plant Equipment2.2 B2.8 B2.1 B
Slightly volatile
Good Will5.7 B5.3 B5.9 B
Slightly volatile
Current Deferred Revenue2.4 B3.5 B2.4 B
Slightly volatile
Long Term Debt Total5.6 B4.5 B5.3 B
Slightly volatile
Short and Long Term Debt790.3 M712.8 M1.6 B
Slightly volatile
Warrants10.3 M10.8 M60.9 M
Slightly volatile
Net Invested Capital8.1 B4.2 B12.4 B
Slightly volatile
Cash And EquivalentsB3.6 B4.9 B
Slightly volatile
Net Working Capital108.6 M114.3 M4.1 B
Slightly volatile
Capital Stock2.2 B2.5 B2.7 B
Slightly volatile
Non Current Liabilities Other7.2 B7.8 B8.6 B
Pretty Stable

Cardinal Health Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization835.6 M795.8 M626.2 M
Slightly volatile
Interest Expense190.1 M107 M163.8 M
Slightly volatile
Selling General Administrative5.8 B5.6 B3.9 B
Slightly volatile
Total Revenue247.6 B235.8 B141.4 B
Slightly volatile
Gross Profit8.3 B7.9 B6.1 B
Slightly volatile
Other Operating Expenses245.4 B233.7 B139.6 B
Slightly volatile
Operating Income1.3 B836 M1.4 B
Very volatile
EBIT1.5 BB1.8 B
Pretty Stable
EBITDA1.8 B2.8 B2.4 B
Slightly volatile
Cost Of Revenue239.2 B227.8 B135.4 B
Slightly volatile
Total Operating Expenses6.2 B5.9 B4.2 B
Slightly volatile
Selling And Marketing Expenses4.2 B5.6 B4.5 B
Slightly volatile
Interest Income79.5 M83.7 M193.2 M
Slightly volatile
Reconciled Depreciation666.2 M622.8 M761.3 M
Very volatile

Cardinal Health Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation86.9 M110.4 M87.6 M
Slightly volatile
Free Cash Flow2.8 B2.7 BB
Slightly volatile
Begin Period Cash Flow5.7 B5.4 B3.3 B
Slightly volatile
Depreciation399.6 M795.8 M620 M
Slightly volatile
Capital Expenditures311.4 M553.1 M338.8 M
Slightly volatile
Total Cash From Operating Activities3.4 B3.3 B2.3 B
Slightly volatile
End Period Cash Flow4.9 B4.6 B3.3 B
Slightly volatile
Dividends Paid633.9 M603.8 M482.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.340.28680.1864
Pretty Stable
Dividend Yield0.00270.00280.0225
Very volatile
Operating Cycle73.4990.188359.6947
Pretty Stable
Days Of Payables Outstanding35.3433.542250.0602
Pretty Stable
Inventory Turnover7.385.749910.2208
Pretty Stable
Payables Turnover9.4310.88187.4311
Pretty Stable
Operating Profit Margin0.02480.030.015
Very volatile
Long Term Debt To Capitalization0.380.42030.7424
Slightly volatile
Cash Per Share0.790.83258.8634
Very volatile
Total Debt To Capitalization0.380.42430.6825
Slightly volatile
Return On Capital Employed0.170.13340.1255
Pretty Stable
Ebit Per Revenue0.02480.030.015
Very volatile
Quick Ratio0.720.98320.5666
Pretty Stable
Cash Ratio0.190.31110.1638
Pretty Stable
Days Of Inventory Outstanding47.5863.479137.5829
Pretty Stable
Days Of Sales Outstanding25.9226.709122.1125
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.480.95020.8424
Slightly volatile
Current Ratio1.712.70251.3191
Pretty Stable
Fixed Asset Turnover41.850.423166.9113
Slightly volatile
Enterprise Value Multiple12.6911.84469.7872
Pretty Stable
Debt Ratio0.210.2870.1767
Pretty Stable
Price Sales Ratio0.340.28680.1864
Pretty Stable
Receivables Turnover13.0913.665716.5519
Pretty Stable
Asset Turnover2.852.99543.6856
Slightly volatile
Gross Profit Margin0.07020.06810.0511
Very volatile

Cardinal Fundamental Market Drivers

Forward Price Earnings14.4509
Cash And Short Term InvestmentsB

Cardinal Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of August 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About Cardinal Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cardinal Health income statement, its balance sheet, and the statement of cash flows. Cardinal Health investors use historical funamental indicators, such as Cardinal Health's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cardinal Health investors may use each financial statement separately, they are all related. The changes in Cardinal Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cardinal Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cardinal Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cardinal Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue3.5 B2.4 B
Total Revenue235.8 B247.6 B
Cost Of Revenue227.8 B239.2 B
Ebit Per Revenue 0.03  0.02 

Pair Trading with Cardinal Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cardinal Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cardinal Health will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cardinal Stock

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The ability to find closely correlated positions to Cardinal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardinal Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cardinal Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cardinal Health to buy it.
The correlation of Cardinal Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cardinal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cardinal Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:
Check out the analysis of Cardinal Health Correlation against competitors.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.
Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
1.998
Earnings Share
2.52
Revenue Per Share
859.435
Quarterly Revenue Growth
0.116
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.