Cardinal Cash vs Net Debt Analysis

CAH Stock

USD 99.27 1.56 1.60%

Cardinal Health financial indicator trend analysis is way more than just evaluating Cardinal Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cardinal Health is a good investment. Please check the relationship between Cardinal Health Cash and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardinal Health Cash account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Cardinal Health's Cash and Net Debt is -0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Cardinal Health, assuming nothing else is changed. The correlation between historical values of Cardinal Health's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Cardinal Health are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Cardinal Health's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Cardinal Health, which is listed under current asset account on Cardinal Health balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cardinal Health customers. The amounts must be unrestricted with restricted cash listed in a different Cardinal Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Cardinal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cardinal Health current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.As of now, Cardinal Health's Enterprise Value Multiple is decreasing as compared to previous years.

	2021	2023	2024 (projected)
Interest Expense	149M	107.0M	190.1M
Depreciation And Amortization	692M	795.8M	835.6M

Interest Expense Depreciation And Amortization

Cardinal Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.57	-0.13	0.95	-0.35	0.84	0.3	-0.23	0.67	0.68	-0.09	0.67	0.95	0.53	0.93	0.98	0.86	-0.73	0.97	0.75	0.97	0.59	0.65	0.94	0.68	0.47
Short Long Term Debt Total	0.57		0.21	0.31	0.37	0.68	0.76	0.4	0.47	0.87	0.05	0.47	0.33	0.47	0.55	0.4	0.51	0.0	0.4	0.0	0.42	0.5	0.76	0.3	0.43	0.5
Other Current Liab	-0.13	0.21		-0.3	0.59	-0.01	0.02	0.55	0.14	0.18	-0.34	0.14	-0.22	0.43	-0.2	-0.22	-0.41	0.31	-0.27	-0.37	-0.2	-0.33	-0.06	-0.3	0.33	0.45
Total Current Liabilities	0.95	0.31	-0.3		-0.59	0.73	0.06	-0.47	0.63	0.45	-0.13	0.63	0.99	0.37	0.88	0.99	0.8	-0.87	0.99	0.92	0.98	0.55	0.48	1.0	0.57	0.32
Total Stockholder Equity	-0.35	0.37	0.59	-0.59		-0.15	0.46	0.96	-0.2	0.24	0.25	-0.2	-0.53	0.43	-0.48	-0.51	-0.32	0.7	-0.57	-0.79	-0.49	-0.08	0.09	-0.61	0.18	0.35
Property Plant And Equipment Net	0.84	0.68	-0.01	0.73	-0.15		0.43	-0.08	0.42	0.86	-0.1	0.42	0.74	0.52	0.79	0.79	0.73	-0.55	0.77	0.51	0.76	0.42	0.67	0.73	0.68	0.7
Net Debt	0.3	0.76	0.02	0.06	0.46	0.43		0.47	-0.13	0.77	0.25	-0.13	0.06	0.27	0.3	0.15	0.33	0.24	0.14	-0.22	0.1	0.21	0.88	0.07	0.16	0.19
Retained Earnings	-0.23	0.4	0.55	-0.47	0.96	-0.08	0.47		-0.13	0.28	0.31	-0.13	-0.4	0.49	-0.42	-0.4	-0.26	0.52	-0.46	-0.67	-0.37	0.0	0.16	-0.49	0.28	0.41
Cash	0.67	0.47	0.14	0.63	-0.2	0.42	-0.13	-0.13		0.25	-0.19	1.0	0.66	0.42	0.61	0.63	0.5	-0.48	0.64	0.54	0.73	0.63	0.12	0.61	0.49	0.34
Non Current Assets Total	0.68	0.87	0.18	0.45	0.24	0.86	0.77	0.28	0.25		0.02	0.25	0.45	0.53	0.66	0.54	0.61	-0.19	0.53	0.11	0.5	0.31	0.86	0.44	0.57	0.64
Non Currrent Assets Other	-0.09	0.05	-0.34	-0.13	0.25	-0.1	0.25	0.31	-0.19	0.02		-0.19	-0.12	0.14	-0.16	-0.13	0.03	0.11	-0.14	-0.27	-0.13	0.04	0.06	-0.14	0.06	0.02
Cash And Short Term Investments	0.67	0.47	0.14	0.63	-0.2	0.42	-0.13	-0.13	1.0	0.25	-0.19		0.66	0.42	0.61	0.63	0.5	-0.48	0.64	0.54	0.73	0.63	0.12	0.61	0.49	0.34
Net Receivables	0.95	0.33	-0.22	0.99	-0.53	0.74	0.06	-0.4	0.66	0.45	-0.12	0.66		0.46	0.86	0.99	0.77	-0.85	0.97	0.9	0.99	0.54	0.45	0.99	0.65	0.39
Common Stock Shares Outstanding	0.53	0.47	0.43	0.37	0.43	0.52	0.27	0.49	0.42	0.53	0.14	0.42	0.46		0.29	0.44	0.38	-0.2	0.35	0.13	0.47	0.36	0.31	0.34	0.95	0.84
Non Current Liabilities Total	0.93	0.55	-0.2	0.88	-0.48	0.79	0.3	-0.42	0.61	0.66	-0.16	0.61	0.86	0.29		0.92	0.84	-0.65	0.95	0.7	0.9	0.47	0.66	0.89	0.45	0.29
Inventory	0.98	0.4	-0.22	0.99	-0.51	0.79	0.15	-0.4	0.63	0.54	-0.13	0.63	0.99	0.44	0.92		0.83	-0.83	0.99	0.86	0.99	0.54	0.55	0.99	0.63	0.39
Other Current Assets	0.86	0.51	-0.41	0.8	-0.32	0.73	0.33	-0.26	0.5	0.61	0.03	0.5	0.77	0.38	0.84	0.83		-0.55	0.83	0.57	0.83	0.68	0.59	0.79	0.49	0.33
Other Stockholder Equity	-0.73	0.0	0.31	-0.87	0.7	-0.55	0.24	0.52	-0.48	-0.19	0.11	-0.48	-0.85	-0.2	-0.65	-0.83	-0.55		-0.82	-0.89	-0.81	-0.3	-0.19	-0.88	-0.46	-0.26
Total Liab	0.97	0.4	-0.27	0.99	-0.57	0.77	0.14	-0.46	0.64	0.53	-0.14	0.64	0.97	0.35	0.95	0.99	0.83	-0.82		0.87	0.98	0.54	0.55	0.99	0.55	0.32
Property Plant And Equipment Gross	0.75	0.0	-0.37	0.92	-0.79	0.51	-0.22	-0.67	0.54	0.11	-0.27	0.54	0.9	0.13	0.7	0.86	0.57	-0.89	0.87		0.86	0.43	0.21	0.92	0.36	0.1
Total Current Assets	0.97	0.42	-0.2	0.98	-0.49	0.76	0.1	-0.37	0.73	0.5	-0.13	0.73	0.99	0.47	0.9	0.99	0.83	-0.81	0.98	0.86		0.6	0.48	0.98	0.64	0.4
Short Term Debt	0.59	0.5	-0.33	0.55	-0.08	0.42	0.21	0.0	0.63	0.31	0.04	0.63	0.54	0.36	0.47	0.54	0.68	-0.3	0.54	0.43	0.6		0.33	0.52	0.36	0.23
Intangible Assets	0.65	0.76	-0.06	0.48	0.09	0.67	0.88	0.16	0.12	0.86	0.06	0.12	0.45	0.31	0.66	0.55	0.59	-0.19	0.55	0.21	0.48	0.33		0.49	0.32	0.25
Accounts Payable	0.94	0.3	-0.3	1.0	-0.61	0.73	0.07	-0.49	0.61	0.44	-0.14	0.61	0.99	0.34	0.89	0.99	0.79	-0.88	0.99	0.92	0.98	0.52	0.49		0.55	0.3
Common Stock Total Equity	0.68	0.43	0.33	0.57	0.18	0.68	0.16	0.28	0.49	0.57	0.06	0.49	0.65	0.95	0.45	0.63	0.49	-0.46	0.55	0.36	0.64	0.36	0.32	0.55		0.9
Common Stock	0.47	0.5	0.45	0.32	0.35	0.7	0.19	0.41	0.34	0.64	0.02	0.34	0.39	0.84	0.29	0.39	0.33	-0.26	0.32	0.1	0.4	0.23	0.25	0.3	0.9

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Cardinal Health Account Relationship Matchups

Cardinal Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.8B	44.5B	43.9B	43.4B	49.9B	52.4B
Short Long Term Debt Total	6.8B	6.2B	5.3B	4.7B	5.4B	3.2B
Other Current Liab	2.2B	96M	2.8B	42M	48.3M	45.9M
Total Current Liabilities	23.6B	27.6B	30.6B	33.7B	38.8B	40.7B
Total Stockholder Equity	1.8B	1.8B	(706M)	(2.9B)	(3.3B)	(3.1B)
Property Plant And Equipment Net	2.4B	2.4B	2.4B	2.5B	2.8B	1.4B
Net Debt	4.0B	2.8B	598M	658M	756.7M	1.4B
Retained Earnings	1.2B	1.2B	(280M)	(534M)	(614.1M)	(583.4M)
Cash	2.8B	3.4B	4.7B	4.0B	4.6B	4.9B
Non Current Assets Total	14.8B	13.4B	10.9B	9.6B	11.0B	6.4B
Non Currrent Assets Other	1.2B	951M	(8.4B)	1.0B	936.9M	983.7M
Cash And Short Term Investments	2.8B	3.4B	4.7B	4.0B	4.6B	4.9B
Net Receivables	8.3B	9.1B	10.6B	11.3B	13.0B	13.7B
Common Stock Shares Outstanding	293M	294M	279M	262M	301.3M	314.6M
Liabilities And Stockholders Equity	40.8B	44.5B	43.9B	43.4B	49.9B	52.4B
Non Current Liabilities Total	15.4B	15.0B	14.0B	12.6B	14.4B	15.2B
Inventory	13.2B	14.6B	15.6B	15.9B	18.3B	19.2B
Other Current Assets	1.7B	3.9B	2.0B	2.4B	2.7B	2.9B
Other Stockholder Equity	(2.1B)	(2.2B)	(3.1B)	(4.9B)	(4.4B)	(4.2B)
Total Liab	39.0B	42.7B	44.6B	46.3B	53.2B	55.9B
Property Plant And Equipment Gross	2.4B	2.4B	5.9B	6.3B	7.3B	7.6B
Total Current Assets	25.9B	31.0B	32.9B	33.8B	38.9B	40.9B
Accumulated Other Comprehensive Income	(104M)	(34M)	(114M)	(151M)	(135.9M)	(129.1M)
Short Term Debt	10M	871M	580M	792M	910.8M	956.3M
Intangible Assets	2.9B	2.1B	1.8B	1.5B	1.7B	2.2B
Accounts Payable	21.4B	23.7B	27.1B	29.8B	34.3B	36.0B
Common Stock Total Equity	2.8B	2.8B	2.8B	2.7B	3.2B	2.9B
Common Stock	2.8B	2.8B	2.8B	2.7B	3.2B	2.0B
Other Liab	8.2B	9.7B	9.3B	8.3B	9.5B	10.0B
Other Assets	732M	951M	953M	606M	696.9M	618.0M
Long Term Debt	6.7B	5.4B	4.7B	3.9B	4.5B	4.4B
Treasury Stock	(2.1B)	(2.2B)	(3.1B)	(4.9B)	(4.4B)	(4.2B)
Property Plant Equipment	2.8B	2.4B	2.4B	2.5B	2.8B	2.2B
Good Will	8.4B	8.0B	5.9B	4.6B	5.3B	5.7B
Net Tangible Assets	(9.5B)	(8.3B)	(8.3B)	(8.9B)	(8.0B)	(7.6B)
Retained Earnings Total Equity	1.2B	1.2B	(280M)	(534M)	(480.6M)	(456.6M)
Long Term Debt Total	6.8B	5.4B	4.7B	3.9B	4.5B	5.6B

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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:

How To Invest In Cardinal

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Is Cardinal Stock a good investment?

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What is Cardinal Health's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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

(0.22)

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.

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Cardinal Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Cardinal Health fundamental ratios Correlations

Cardinal Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cardinal Health fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Net Receivables

Property Plant And Equipment Gross	- 0.89	Other Stockholder Equity
Accounts Payable	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.87	Total Current Liabilities
Other Stockholder Equity	- 0.85	Net Receivables
Other Stockholder Equity	- 0.83	Inventory
Total Liab	- 0.82	Other Stockholder Equity