Cardinal Health, Inc.

Cardinal Health, Inc.verified

CAH

Price:

$111.93

Market Cap:

$27.08B

Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear ...[Read more]

Industry

Medical - Distribution

IPO Date

1983-08-04

Stock Exchange

NYSE

Ticker

CAH

The Current Ratio as of October 2024 (TTM) for Cardinal Health, Inc. (CAH) is 0.98

According to Cardinal Health, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.98. This represents a change of -0.53% compared to the average of 0.98 of the last 4 quarters.

Cardinal Health, Inc. (CAH) Historical Current Ratio (quarterly & annually)

How has CAH Current Ratio performed in the past?

The mean historical Current Ratio of Cardinal Health, Inc. over the last ten years is 1.11. The current 0.98 Current Ratio has changed 8.69% with respect to the historical average. Over the past ten years (40 quarters), CAH's Current Ratio was at its highest in in the June 2017 quarter at 1.34. The Current Ratio was at its lowest in in the June 2024 quarter at 0.98.

Quarterly (TTM)
Annual

Average

1.11

Median

1.09

Minimum

0.98

Maximum

1.34

Cardinal Health, Inc. (CAH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cardinal Health, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 19.85%

Maximum Annual Current Ratio = 1.34

Minimum Annual Increase = -19.70%

Minimum Annual Current Ratio = 0.98

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.98-2.49%
20231.00-6.89%
20221.08-4.08%
20211.122.32%
20201.102.86%
20191.07-0.43%
20181.07-19.70%
20171.3419.85%
20161.11-11.66%
20151.266.29%

Cardinal Health, Inc. (CAH) Average Current Ratio

How has CAH Current Ratio performed in the past?

The current Current Ratio of Cardinal Health, Inc. (CAH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.02

5-year avg

1.06

10-year avg

1.11

Cardinal Health, Inc. (CAH) Current Ratio vs. Peers

How is CAH’s Current Ratio compared to its peers?

Cardinal Health, Inc.’s Current Ratio is greater than AmerisourceBergen Corporation (0.89), less than Henry Schein, Inc. (1.55), less than Owens & Minor, Inc. (1.09), less than Patterson Companies, Inc. (1.30), greater than McKesson Corporation (0.93), less than Zynex, Inc. (4.06), less than EDAP TMS S.A. (2.45),

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