Cardinal Capital Stock vs Good Will Analysis
CAH Stock | USD 122.24 0.39 0.32% |
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 Capital Stock and its Good Will 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 closely tied 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.
Capital Stock vs Good Will
Capital Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardinal Health Capital Stock account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cardinal Health's Capital Stock and Good Will is -0.03. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will 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 Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Cardinal Health are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., Cardinal Health's Capital Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 closely tied 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 Selling General Administrative is increasing as compared to previous years. The Cardinal Health's current Sales General And Administrative To Revenue is estimated to increase to 0.04, while Discontinued Operations is projected to decrease to under 2.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 149M | 93M | 51M | 48.5M | Depreciation And Amortization | 723M | 692M | 710M | 360.6M |
Cardinal Health fundamental ratios Correlations
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Cardinal Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cardinal Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.8B | 44.5B | 43.9B | 43.4B | 45.1B | 47.4B | |
Short Long Term Debt Total | 6.8B | 6.2B | 5.3B | 4.7B | 5.1B | 3.2B | |
Other Current Liab | 2.2B | 3.1B | 2.8B | 3.0B | 3.4B | 3.6B | |
Total Current Liabilities | 23.6B | 27.6B | 30.6B | 33.7B | 35.6B | 37.4B | |
Total Stockholder Equity | 1.8B | 1.8B | (706M) | (2.9B) | (3.2B) | (3.1B) | |
Property Plant And Equipment Net | 2.4B | 2.4B | 2.4B | 2.5B | 3.0B | 3.2B | |
Net Debt | 4.0B | 2.8B | 598M | 658M | (41M) | (39.0M) | |
Retained Earnings | 1.2B | 1.2B | (280M) | (534M) | (286M) | (271.7M) | |
Cash | 2.8B | 3.4B | 4.7B | 4.0B | 5.1B | 5.4B | |
Non Current Assets Total | 14.8B | 13.4B | 10.9B | 9.6B | 10.2B | 6.5B | |
Non Currrent Assets Other | 1.2B | 951M | (8.4B) | 1.0B | 740M | 777M | |
Cash And Short Term Investments | 2.8B | 3.4B | 4.7B | 4.0B | 5.1B | 5.4B | |
Net Receivables | 8.3B | 9.1B | 10.6B | 11.1B | 12.1B | 12.7B | |
Common Stock Shares Outstanding | 293M | 294M | 279M | 262M | 247M | 313.5M | |
Liabilities And Stockholders Equity | 40.8B | 44.5B | 43.9B | 43.4B | 45.1B | 47.4B | |
Non Current Liabilities Total | 15.4B | 15.0B | 14.0B | 12.6B | 12.7B | 13.3B | |
Inventory | 13.2B | 14.6B | 15.6B | 15.9B | 15.0B | 15.7B | |
Other Current Assets | 1.7B | 3.9B | 2.0B | 2.4B | 2.7B | 2.8B | |
Other Stockholder Equity | (2.1B) | (2.2B) | (3.1B) | (4.9B) | (5.7B) | (5.4B) | |
Total Liab | 39.0B | 42.7B | 44.6B | 46.3B | 48.3B | 50.7B | |
Property Plant And Equipment Gross | 2.4B | 2.4B | 5.9B | 6.3B | 6.7B | 7.0B | |
Total Current Assets | 25.9B | 31.0B | 32.9B | 33.8B | 34.9B | 36.6B | |
Accumulated Other Comprehensive Income | (104M) | (34M) | (114M) | (151M) | (167M) | (158.7M) | |
Short Term Debt | 10M | 871M | 580M | 792M | 434M | 311.2M | |
Intangible Assets | 2.9B | 2.1B | 1.8B | 1.5B | 1.7B | 2.2B | |
Accounts Payable | 21.4B | 23.7B | 27.1B | 29.9B | 31.8B | 33.3B | |
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 | 2.9B | 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 | 4.7B | 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 | 4.7B | 5.6B | |
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: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 closely tied 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.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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 48.135 | Dividend Share 2.012 | Earnings Share 5.2 | Revenue Per Share 921.782 | Quarterly Revenue Growth (0.04) |
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.