Cardinal Cash And Short Term Investments from 2010 to 2024
| CAH Stock | USD 99.01 0.17 0.17% |
Cash And Short Term Investments | First Reported 1986-03-31 | Previous Quarter 4.6 B | Current Value 3.7 B | Quarterly Volatility 1.3 B |
Check Cardinal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardinal Health's 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 indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0038 or PTB Ratio of 2.35. Cardinal financial statements analysis is a perfect complement when working with Cardinal Health Valuation or Volatility modules.
Cardinal | Cash And Short Term Investments |
Latest Cardinal Health's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Cardinal Health over the last few years. Short Term Investments is an account in the current assets section of Cardinal Health balance sheet. This account contains Cardinal Health investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cardinal Health fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Cardinal Health's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardinal Health's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Cardinal Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 3,313,391,500 | |
| Geometric Mean | 2,471,812,078 | |
| Coefficient Of Variation | 50.59 | |
| Mean Deviation | 1,333,284,267 | |
| Median | 2,865,000,000 | |
| Standard Deviation | 1,676,355,728 | |
| Sample Variance | 2810168.5T | |
| Range | 6.8B | |
| R-Value | 0.56 | |
| Mean Square Error | 2067627.4T | |
| R-Squared | 0.32 | |
| Significance | 0.03 | |
| Slope | 210,977,348 | |
| Total Sum of Squares | 39342359.4T |
Cardinal Cash And Short Term Investments History
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 Cash And Short Term Investments, 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 Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 4.6 B | 4.9 B |
Currently Active Assets on Macroaxis
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Additional Information and Resources on Investing in Cardinal Stock
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.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Providers & Services space 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 (0.22) | Dividend Share 2.002 | Earnings Share 2.26 | Revenue Per Share 891.2 | Quarterly Revenue Growth 0.088 |
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.