Cardinal Financial Statements From 2010 to 2022

CAH
 Stock
  

USD 70.14  0.17  0.24%   

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.
We have found one hundred twelve available fundamental signals for Cardinal Health, which can be analyzed and compared to other ratios and to its rivals. Please verify all of Cardinal Health prevailing fundamental drivers against the trend between 2010 and 2022 to make sure the company can sustain itself down the road.
Cardinal Health Average Equity is most likely to decrease significantly in the upcoming years. The last year's value of Average Equity was reported at 246.25 Million. The current Enterprise Value is estimated to increase to about 18.5 B, while Revenue Per Employee is projected to decrease to roughly 3 M.
  
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 Direct Expenses of 122.3 B, Cost of Revenue of 163.9 B or Gross Profit of 7 B, as well as many exotic indicators such as Interest Coverage of 3.09, Long Term Debt to Equity of 2.91 or PPandE Turnover of 60.48. Cardinal financial statements analysis is a perfect complement when working with Cardinal Health Valuation or Volatility modules. It can also supplement Cardinal Health's financial leverage analysis and stock options assessment as well as various Cardinal Health Technical models . Continue to the analysis of Cardinal Health Correlation against competitors.

Cardinal Health Revenues

170.87 Billion

Cardinal Health Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets43.6 B43.9 B35.3 B
Increasing
Slightly volatile
Cash and Equivalents4.4 B4.7 B3.3 B
Increasing
Slightly volatile
Property Plant and Equipment Net2.4 B2.4 BB
Increasing
Slightly volatile
Inventory14.8 B15.6 B11.3 B
Increasing
Slightly volatile
Trade and Non Trade Receivables10 B10.6 B7.7 B
Increasing
Slightly volatile
Trade and Non Trade Payables24.8 B27.1 B18.1 B
Increasing
Slightly volatile
Goodwill and Intangible Assets8.9 B7.6 B8.2 B
Increasing
Slightly volatile
Total Liabilities41.2 B44.6 B30.5 B
Increasing
Slightly volatile
Shareholders Equity(727.7 M)(709 M)4.5 B
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit(287.4 M)(280 M)3.5 B
Decreasing
Slightly volatile
Accumulated Other Comprehensive Income(117 M)(114 M)(45.5 M)
Decreasing
Slightly volatile
Current Assets31.3 B32.9 B24.2 B
Increasing
Slightly volatile
Assets Non Current12.3 B10.9 B11.1 B
Increasing
Slightly volatile
Current Liabilities28.2 B30.6 B21 B
Increasing
Slightly volatile
Liabilities Non Current13 B14 B9.5 B
Increasing
Slightly volatile
Tax Liabilities10 B9.3 B4.3 B
Increasing
Slightly volatile
Total Debt6.4 B5.3 B5.9 B
Increasing
Slightly volatile
Debt Current650.2 M580 M590.8 M
Increasing
Stable
Debt Non Current5.7 B4.7 B5.3 B
Increasing
Slightly volatile
Shareholders Equity USD(727.7 M)(709 M)4.5 B
Decreasing
Slightly volatile
Cash and Equivalents USD4.4 B4.7 B3.3 B
Increasing
Slightly volatile
Total Debt USD6.4 B5.3 B5.9 B
Increasing
Slightly volatile
Accounts Payable18 B21.3 B17 B
Increasing
Slightly volatile
Receivables7.3 B8.2 B7.3 B
Increasing
Slightly volatile
Inventories11.2 B13.1 B10.7 B
Increasing
Slightly volatile

Cardinal Health Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues170.9 B181.4 B131.6 B
Increasing
Slightly volatile
Cost of Revenue163.9 B174.8 B125.5 B
Increasing
Slightly volatile
Selling General and Administrative Expense4.6 B4.6 B3.8 B
Increasing
Slightly volatile
Operating Expenses6.8 B7.2 B5.2 B
Increasing
Slightly volatile
Interest Expense186.9 M149 M180.2 M
Increasing
Slightly volatile
Income Tax Expense228.9 M163 M353.6 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations(2.8 M)(2.7 M)(2 M)
Decreasing
Slightly volatile
Consolidated Income(956.5 M)(932 M)325.6 M
Decreasing
Slightly volatile
Net Income to Non Controlling Interests923.7 K900 K3.1 M
Decreasing
Slightly volatile
Net Income(957.6 M)(933 M)324 M
Decreasing
Slightly volatile
Net Income Common Stock(957.6 M)(933 M)324 M
Decreasing
Slightly volatile
Weighted Average Shares280 M279 M315.8 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted281 M279 M318.1 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT(637.3 M)(621 M)850.4 M
Decreasing
Slightly volatile
Revenues USD170.9 B181.4 B131.6 B
Increasing
Slightly volatile
Net Income Common Stock USD(957.6 M)(933 M)324 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD(637.3 M)(621 M)850.4 M
Decreasing
Slightly volatile
Gross ProfitB6.5 B6.1 B
Increasing
Slightly volatile
Operating Income(628.1 M)(612 M)815.8 M
Decreasing
Slightly volatile
Direct Expenses122.3 B140.1 B119 B
Increasing
Slightly volatile

Cardinal Health Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals972.1 M901 M(774.7 M)
Increasing
Stable
Net Cash Flow Investment Acquisitions and Disposals22.6 M22 M82 M
Increasing
Stable
Net Cash Flow from Financing(2.5 B)(2.5 B)(904.1 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (908.3 M)(885 M)158.7 M
Decreasing
Slightly volatile
Net Cash Flow from Investing611.8 M567 M(1 B)
Increasing
Stable
Net Cash Flow from OperationsB3.1 B2.3 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (25.7 M)(25 M)(9.4 M)
Decreasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents1.4 B1.3 B349.7 M
Increasing
Very volatile
Share Based Compensation81.6 M81 M91.1 M
Decreasing
Slightly volatile
Depreciation Amortization and Accretion754.2 M692 M653 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(3.44)(3.35)0.8264
Decreasing
Slightly volatile
Earnings per Diluted Share(3.44)(3.35)0.8049
Decreasing
Slightly volatile
Earnings per Basic Share USD(3.44)(3.35)0.8264
Decreasing
Slightly volatile
Dividends per Basic Common Share1.981.9681.6007
Increasing
Slightly volatile
Return on Average Equity(3.89)(3.789)(0.6845)
Decreasing
Slightly volatile
Return on Average Assets(0.0226)(0.022)0.0146
Decreasing
Slightly volatile
Return on Invested Capital(0.0739)(0.072)0.1242
Decreasing
Slightly volatile
Gross Margin0.03930.0360.047
Decreasing
Slightly volatile
Profit Margin(0.0051)(0.005)0.0039
Decreasing
Slightly volatile
EBITDA Margin0.01020.00720.0146
Decreasing
Slightly volatile
Return on Sales(0.0031)(0.003)0.0085
Decreasing
Slightly volatile
Asset Turnover3.814.2023.8393
Decreasing
Slightly volatile
Payout Ratio(0.6)(0.587)0.4469
Decreasing
Stable
Enterprise Value over EBITDA26624647.2032
Increasing
Slightly volatile
Enterprise Value over EBIT(28.74)(28.0)23.251
Decreasing
Very volatile
Price to Earnings Ratio(16.01)(15.603)16.6698
Decreasing
Slightly volatile
Sales per Share585650424
Increasing
Slightly volatile
Price to Sales Ratio0.110.080.1507
Decreasing
Slightly volatile
Price to Book Value(20.61)(20.084)0.3623
Decreasing
Slightly volatile
Debt to Equity Ratio(64.54)(62.883)(3.514)
Decreasing
Slightly volatile
Dividend Yield0.03670.0380.0288
Increasing
Slightly volatile
Current Ratio1.061.0781.1603
Decreasing
Slightly volatile
Free Cash Flow per Share8.849.9146.175
Increasing
Slightly volatile
Book Value per Share(2.61)(2.541)13.8767
Decreasing
Slightly volatile
Tangible Assets Book Value per Share11913087.0798
Increasing
Slightly volatile
Total Assets Per Share115137109
Increasing
Slightly volatile
Cash Flow Per Share6.757.516.9291
Increasing
Slightly volatile
Return on Investment9.36.549.0821
Decreasing
Slightly volatile
Operating Margin0.340.330.8923
Decreasing
Slightly volatile
Calculated Tax Rate(106)(103)(3.7666)
Decreasing
Slightly volatile
Receivables Turnover16.1816.8417.1959
Increasing
Stable
Inventory Turnover13.6612.8811.8995
Decreasing
Very volatile
PPandE Turnover60.4861.8865.314
Decreasing
Stable
Cash and Equivalents Turnover43.3147.3443.9255
Increasing
Stable
Accounts Payable Turnover9.058.298.0395
Decreasing
Slightly volatile
Accrued Expenses Turnover54.2556.3757.8994
Increasing
Slightly volatile
Interest Coverage3.093.028.545
Decreasing
Slightly volatile
Long Term Debt to Equity2.912.71.5144
Increasing
Slightly volatile
Quick Ratio0.590.520.5501
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets10.828.8610.338
Decreasing
Slightly volatile
Revenue to Assets4.134.23.8228
Decreasing
Stable

Cardinal Health Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(790.3 M)(770 M)672.8 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA72.9 M71 M1.5 B
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD72.9 M71 M1.5 B
Decreasing
Slightly volatile
Market Capitalization15.4 B14.2 B18.2 B
Decreasing
Stable
Enterprise Value18.5 B17.5 B21.2 B
Increasing
Very volatile
Invested Capital8.4 B6.3 B8.6 B
Increasing
Slightly volatile
Average Equity252.7 M246.2 M4.7 B
Decreasing
Slightly volatile
Average Assets42.8 B43.2 B34.4 B
Increasing
Slightly volatile
Invested Capital Average9.7 B8.6 B8.8 B
Increasing
Slightly volatile
Tangible Asset Value34.7 B36.2 B27 B
Increasing
Slightly volatile
Free Cash Flow2.6 B2.8 B1.9 B
Increasing
Slightly volatile
Working Capital2.6 B2.4 B3.1 B
Decreasing
Stable
Revenue Per EmployeeM3.1 M3.2 M
Increasing
Stable
Net Income Per Employee15.3 K14.9 K12 K
Decreasing
Slightly volatile

Cardinal Fundamental Market Drivers

Forward Price Earnings11.55
Short Percent Of Float2.74%
Average Daily Volume Last 10 Day3.23M
Shares Short Prior Month6.89M
Average Daily Volume In Three Month2.33M
Date Short Interest29th of July 2022
Fifty Day Average55.37
Two Hundred Day Average54.05

Cardinal Upcoming Events

Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End4th of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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 2022
Cost of Revenue174.8 B163.9 B
Revenues181.4 B170.9 B
Revenue to Assets 4.20  4.13 
Revenue Per Employee3.1 MM
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. The company was incorporated in 1979 and is headquartered in Dublin, Ohio. Cardinal Health operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange.

Cardinal Health Investors Sentiment

The influence of Cardinal Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cardinal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Cardinal Health's public news can be used to forecast risks associated with investment in Cardinal. The trend in average sentiment can be used to explain how an investor holding Cardinal can time the market purely based on public headlines and social activities around Cardinal Health. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Cardinal Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cardinal Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cardinal Health's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Cardinal Health.

Cardinal Health Implied Volatility

    
  37.88  
Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cardinal Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cardinal Health's short interest history, or implied volatility extrapolated from Cardinal Health options trading.

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 Health

0.76AAgilent Technologies Earnings Call  TodayPairCorr

Moving against Cardinal Health

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0.67DLADelta Apparel Fiscal Year End 17th of November 2022 PairCorr
0.65ADMTAdm Tronics Unlimited Earnings Call  This WeekPairCorr
0.6AGTCApplied Genetic Tech Fiscal Year End 22nd of September 2022 PairCorr
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 equities. 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
Continue to the analysis of Cardinal Health Correlation against competitors. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Cardinal Health 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 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 YOY
0.25
Market Capitalization
18.9 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0236
Return On Equity
-1.71
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 Cardinal Health value 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.