Cardinal Health Stock Market Capitalization

CAH Stock

USD 103.54 0.17 0.16%

Cardinal Health fundamentals help investors to digest information that contributes to Cardinal Health's financial success or failures. It also enables traders to predict the movement of Cardinal Stock. The fundamental analysis module provides a way to measure Cardinal Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cardinal Health stock.

		Last Reported	Projected for Next Year
	Market Cap	364.3 M	346.1 M

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cardinal Health Company Market Capitalization Analysis

Cardinal Health's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current Cardinal Health Market Capitalization

25.14 B

Most of Cardinal Health's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cardinal Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cardinal Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Cardinal Health is extremely important. It helps to project a fair market value of Cardinal Stock properly, considering its historical fundamentals such as Market Capitalization. Since Cardinal Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cardinal Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cardinal Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Accumulated Depreciation	Total Permanent Equity	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		-0.35	0.3	-0.23	0.95	0.97	0.97	0.59	0.65	0.94	0.47	0.55	-0.69	0.72	0.68	0.7	-0.88	0.55	-0.7	-0.07	0.82	0.79	-0.76	-0.69	-0.67	-0.74	-0.43
Total Stockholder Equity	-0.35		0.46	0.96	-0.53	-0.57	-0.49	-0.08	0.09	-0.61	0.35	0.32	0.73	-0.57	0.27	-0.63	0.55	0.33	-0.26	-0.63	-0.4	-0.78	0.27	0.84	0.41	0.69	0.56
Net Debt	0.3	0.46		0.47	0.06	0.14	0.1	0.21	0.88	0.07	0.19	0.81	0.27	0.36	0.82	-0.02	-0.31	0.79	-0.27	-0.39	0.44	-0.07	-0.38	0.18	-0.55	-0.21	0.2
Retained Earnings	-0.23	0.96	0.47		-0.4	-0.46	-0.37	0.0	0.16	-0.49	0.41	0.36	0.56	-0.53	0.31	-0.58	0.48	0.37	-0.33	-0.58	-0.29	-0.74	0.13	0.81	0.38	0.61	0.43
Net Receivables	0.95	-0.53	0.06	-0.4		0.97	0.99	0.54	0.45	0.99	0.39	0.31	-0.83	0.66	0.43	0.72	-0.83	0.3	-0.62	0.1	0.74	0.84	-0.65	-0.76	-0.59	-0.78	-0.59
Total Liab	0.97	-0.57	0.14	-0.46	0.97		0.98	0.54	0.55	0.99	0.32	0.4	-0.8	0.78	0.52	0.78	-0.92	0.39	-0.54	0.11	0.83	0.9	-0.73	-0.82	-0.7	-0.84	-0.53
Total Current Assets	0.97	-0.49	0.1	-0.37	0.99	0.98		0.6	0.48	0.98	0.4	0.4	-0.79	0.67	0.5	0.71	-0.85	0.4	-0.64	0.06	0.77	0.84	-0.69	-0.75	-0.59	-0.75	-0.53
Short Term Debt	0.59	-0.08	0.21	0.0	0.54	0.54	0.6		0.33	0.52	0.23	0.42	-0.28	0.24	0.35	0.13	-0.35	0.5	-0.43	0.01	0.55	0.29	-0.24	-0.22	-0.22	-0.29	-0.33
Intangible Assets	0.65	0.09	0.88	0.16	0.45	0.55	0.48	0.33		0.49	0.25	0.82	-0.17	0.67	0.9	0.35	-0.68	0.8	-0.4	-0.26	0.74	0.34	-0.69	-0.23	-0.79	-0.58	-0.06
Accounts Payable	0.94	-0.61	0.07	-0.49	0.99	0.99	0.98	0.52	0.49		0.3	0.3	-0.86	0.74	0.43	0.77	-0.88	0.3	-0.52	0.17	0.79	0.88	-0.69	-0.82	-0.67	-0.85	-0.6
Common Stock	0.47	0.35	0.19	0.41	0.39	0.32	0.4	0.23	0.25	0.3		0.32	-0.21	0.13	0.49	0.31	-0.27	0.27	-0.87	-0.49	0.13	0.1	-0.27	-0.09	-0.02	-0.02	0.23
Long Term Debt	0.55	0.32	0.81	0.36	0.31	0.4	0.4	0.42	0.82	0.3	0.32		0.07	0.44	0.86	0.17	-0.45	0.96	-0.45	-0.37	0.62	0.14	-0.64	-0.02	-0.46	-0.26	0.12
Treasury Stock	-0.69	0.73	0.27	0.56	-0.83	-0.8	-0.79	-0.28	-0.17	-0.86	-0.21	0.07		-0.56	-0.08	-0.7	0.7	0.07	0.31	-0.28	-0.56	-0.78	0.59	0.79	0.42	0.72	0.55
Property Plant Equipment	0.72	-0.57	0.36	-0.53	0.66	0.78	0.67	0.24	0.67	0.74	0.13	0.44	-0.56		0.54	0.84	-0.91	0.37	-0.17	0.21	0.8	0.8	-0.7	-0.8	-0.87	-0.89	-0.22
Good Will	0.68	0.27	0.82	0.31	0.43	0.52	0.5	0.35	0.9	0.43	0.49	0.86	-0.08	0.54		0.34	-0.63	0.83	-0.6	-0.47	0.68	0.32	-0.68	-0.19	-0.6	-0.36	0.11
Current Deferred Revenue	0.7	-0.63	-0.02	-0.58	0.72	0.78	0.71	0.13	0.35	0.77	0.31	0.17	-0.7	0.84	0.34		-0.83	0.11	-0.27	0.19	0.61	0.83	-0.59	-0.89	-0.65	-0.79	-0.2
Net Tangible Assets	-0.88	0.55	-0.31	0.48	-0.83	-0.92	-0.85	-0.35	-0.68	-0.88	-0.27	-0.45	0.7	-0.91	-0.63	-0.83		-0.42	0.42	0.02	-0.85	-0.9	0.78	0.86	0.82	0.87	0.26
Long Term Debt Total	0.55	0.33	0.79	0.37	0.3	0.39	0.4	0.5	0.8	0.3	0.27	0.96	0.07	0.37	0.83	0.11	-0.42		-0.46	-0.35	0.58	0.11	-0.56	0.03	-0.45	-0.24	0.02
Long Term Investments	-0.7	-0.26	-0.27	-0.33	-0.62	-0.54	-0.64	-0.43	-0.4	-0.52	-0.87	-0.45	0.31	-0.17	-0.6	-0.27	0.42	-0.46		0.54	-0.3	-0.26	0.37	0.16	0.18	0.18	0.07
Accumulated Depreciation	-0.07	-0.63	-0.39	-0.58	0.1	0.11	0.06	0.01	-0.26	0.17	-0.49	-0.37	-0.28	0.21	-0.47	0.19	0.02	-0.35	0.54		0.07	0.24	0.09	-0.27	-0.09	-0.27	-0.65
Total Permanent Equity	0.82	-0.4	0.44	-0.29	0.74	0.83	0.77	0.55	0.74	0.79	0.13	0.62	-0.56	0.8	0.68	0.61	-0.85	0.58	-0.3	0.07		0.73	-0.79	-0.62	-0.68	-0.72	-0.32
Deferred Long Term Liab	0.79	-0.78	-0.07	-0.74	0.84	0.9	0.84	0.29	0.34	0.88	0.1	0.14	-0.78	0.8	0.32	0.83	-0.9	0.11	-0.26	0.24	0.73		-0.63	-0.95	-0.65	-0.81	-0.46
Short Long Term Debt	-0.76	0.27	-0.38	0.13	-0.65	-0.73	-0.69	-0.24	-0.69	-0.69	-0.27	-0.64	0.59	-0.7	-0.68	-0.59	0.78	-0.56	0.37	0.09	-0.79	-0.63		0.54	0.61	0.61	0.16
Net Invested Capital	-0.69	0.84	0.18	0.81	-0.76	-0.82	-0.75	-0.22	-0.23	-0.82	-0.09	-0.02	0.79	-0.8	-0.19	-0.89	0.86	0.03	0.16	-0.27	-0.62	-0.95	0.54		0.63	0.82	0.34
Cash And Equivalents	-0.67	0.41	-0.55	0.38	-0.59	-0.7	-0.59	-0.22	-0.79	-0.67	-0.02	-0.46	0.42	-0.87	-0.6	-0.65	0.82	-0.45	0.18	-0.09	-0.68	-0.65	0.61	0.63		0.9	0.3
Net Working Capital	-0.74	0.69	-0.21	0.61	-0.78	-0.84	-0.75	-0.29	-0.58	-0.85	-0.02	-0.26	0.72	-0.89	-0.36	-0.79	0.87	-0.24	0.18	-0.27	-0.72	-0.81	0.61	0.82	0.9		0.48
Capital Stock	-0.43	0.56	0.2	0.43	-0.59	-0.53	-0.53	-0.33	-0.06	-0.6	0.23	0.12	0.55	-0.22	0.11	-0.2	0.26	0.02	0.07	-0.65	-0.32	-0.46	0.16	0.34	0.3	0.48

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Cardinal Market Capitalization Historical Pattern

Today, most investors in Cardinal Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cardinal Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cardinal Health market capitalization as a starting point in their analysis.

Cardinal Health Market Capitalization

Timeline

In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Competition

Predict Cardinal Health

Market Cap Over Time

Cardinal Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.42

As of now, Cardinal Health's Long Term Debt To Capitalization is increasing as compared to previous years.

Based on the recorded statements, the market capitalization of Cardinal Health is about 25.14 B. This is 94.28% higher than that of the Health Care Providers & Services sector and 159.25% higher than that of the Health Care industry. The market capitalization for all United States stocks is 32.13% lower than that of the firm.

Cardinal Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cardinal Health's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cardinal Health could also be used in its relative valuation, which is a method of valuing Cardinal Health by comparing valuation metrics of similar companies.

Cardinal Health is currently under evaluation in market capitalization category among related companies.

Cardinal Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cardinal Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cardinal Health's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Cardinal Fundamentals

	Return On Asset	0.0279
	Profit Margin	0 %
	Operating Margin	0.01 %
	Current Valuation	25.15 B
	Shares Outstanding	243.23 M
	Shares Owned By Insiders	0.58 %
	Shares Owned By Institutions	90.31 %
	Number Of Shares Shorted	9.04 M
	Price To Earning	16.00 X
	Price To Book	16.07 X
	Price To Sales	0.12 X
	Revenue	205.01 B
	Gross Profit	6.54 B
	EBITDA	2.47 B
	Net Income	262 M
	Cash And Equivalents	4.04 B
	Cash Per Share	13.32 X
	Total Debt	4.7 B
	Debt To Equity	5.63 %
	Current Ratio	1.04 X
	Book Value Per Share	(14.13) X
	Cash Flow From Operations	2.84 B
	Short Ratio	3.40 X
	Earnings Per Share	2.52 X
	Price To Earnings To Growth	0.31 X
	Target Price	115.21
	Number Of Employees	47.04 K
	Beta	0.7
	Market Capitalization	25.14 B
	Total Asset	43.42 B
	Retained Earnings	(534 M)
	Working Capital	127 M
	Current Asset	21.96 B
	Current Liabilities	19.7 B
	Annual Yield	0.02 %
	Five Year Return	3.61 %
	Net Asset	43.42 B
	Last Dividend Paid	2.0

About Cardinal Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cardinal Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cardinal Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cardinal Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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 market does not have 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 an 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 equities 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 estimated score, the more favorable is the investor's outlook on Cardinal Health.

Cardinal Health Implied Volatility

37.11

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 Stock

0.83

BMY

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Pair Corr

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 Correlation Correlation 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:

How To Invest In Cardinal

Details

Is Cardinal Stock a good investment?

Details

What is Cardinal Health's Net Worth?

Details

Largest Health Care Providers & Services Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Cardinal Health Piotroski F Score and Cardinal Health Altman Z Score analysis.

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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Cardinal Stock analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cardinal Health Stock Market Capitalization

Cardinal Health Company Market Capitalization Analysis

Market Cap

Shares Outstanding

X

Share Price

Current Cardinal Health Market Capitalization

Cardinal Market Capitalization Driver Correlations

Cardinal Market Capitalization Historical Pattern

Cardinal Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.42

Cardinal Market Capitalization Peer Comparison

Cardinal Health ESG Sustainability

Cardinal Fundamentals

About Cardinal Health Fundamental Analysis

Cardinal Health Investors Sentiment

Cardinal Health Implied Volatility

Pair Trading with Cardinal Health

Moving together with Cardinal Stock

Complementary Tools for Cardinal Stock analysis

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