Cardinal Health, Inc. (CAH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 38.06B | 39.23B | 38.54B | 36.37B | 34.59B | 35.76B | 32.91B | 34.88B | 35.73B | 37.66B | 34.69B | 33.74B | 33.5B | 34.6B | 32.7B | 32.94B | 30.88B | 31.85B | 29.73B | 31.05B |
| Cash & Short-Term Investments | 3.94B | 2.78B | 4.59B | 3.87B | 3.33B | 3.81B | 2.87B | 5.13B | 3.72B | 4.59B | 3.85B | 4.08B | 3.99B | 3.65B | 3.49B | 4.72B | 2.36B | 3.16B | 2.46B | 3.41B |
| Cash Only | 3.94B | 2.78B | 4.59B | 3.87B | 3.33B | 3.81B | 2.87B | 5.13B | 3.72B | 4.59B | 3.85B | 4.08B | 3.99B | 3.65B | 3.49B | 4.72B | 2.36B | 3.16B | 2.46B | 3.41B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 13.65B | 13.66B | 13.77B | 13.24B | 12.67B | 12.37B | 11.78B | 12.08B | 11.57B | 11.79B | 11.27B | 11.11B | 10.99B | 11.42B | 11.04B | 10.56B | 10.25B | 9.41B | 9.3B | 9.1B |
| Days Sales Outstanding | 20.17 | 19.28 | 19.41 | 19.59 | 20.53 | 20.1 | 21 | 18.02 | 19.37 | 18.46 | 18.83 | 18.81 | 19.98 | 20.07 | 20.03 | 20.1 | 19.73 | 18.93 | 19.26 | 19.05 |
| Inventory | 18.01B | 20.12B | 17.56B | 16.83B | 16.16B | 16.9B | 15.62B | 14.96B | 17.28B | 18.45B | 16.99B | 16.12B | 16.62B | 17.26B | 15.89B | 15.64B | 15.49B | 14.94B | 14.72B | 14.59B |
| Days Inventory Outstanding | 29.35 | 27.41 | 25.64 | 25.9 | 28.2 | 28.06 | 27.92 | 25.35 | 30.71 | 29.33 | 28.78 | 28.85 | 31.31 | 30.62 | 30.22 | 31.13 | 31.74 | 31.12 | 31.86 | 32.01 |
| Other Current Assets | 2.47B | 2.67B | 2.62B | 2.43B | 2.44B | 2.67B | 2.64B | 2.71B | 3.17B | 2.83B | 2.58B | 72M | 1.9B | 2.26B | 0 | 0 | 0 | 0 | 0 | 1.1B |
| Total Non-Current Assets | 18.63B | 18.85B | 16.69B | 16.75B | 15.28B | 11.25B | 10.15B | 10.24B | 10.15B | 8.91B | 9.02B | 9.61B | 9.88B | 9.89B | 10.69B | 10.94B | 11.23B | 11.83B | 13.26B | 13.4B |
| Property, Plant & Equipment | 2.93B | 2.88B | 2.83B | 2.86B | 2.66B | 2.56B | 2.54B | 2.53B | 2.47B | 2.45B | 2.44B | 2.46B | 2.36B | 2.34B | 2.34B | 2.36B | 2.3B | 2.32B | 2.34B | 2.36B |
| Fixed Asset Turnover | 21.00x | 22.93x | 22.50x | 21.79x | 21.02x | 21.70x | 20.65x | 23.89x | 22.32x | 23.51x | 22.30x | 22.17x | 21.47x | 22.00x | 21.11x | 20.22x | 19.41x | 19.52x | 18.73x | 18.22x |
| Goodwill | 13.7B | 11.61B | 9.71B | 9.69B | 8.91B | 5.49B | 4.72B | 4.72B | 4.79B | 4.02B | 4.03B | 4.61B | 5B | 4.99B | 5.67B | 5.86B | 6.17B | 6.66B | 7.98B | 7.99B |
| Intangible Assets | 0 | 2.37B | 2.4B | 2.49B | 2.11B | 1.95B | 1.66B | 1.73B | 1.72B | 1.35B | 1.41B | 1.47B | 1.57B | 1.63B | 1.69B | 1.77B | 1.85B | 1.94B | 2.03B | 2.1B |
| Long-Term Investments | 0 | 0 | 0 | 14M | 147M | 0 | 0 | 43M | 20M | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2B | 2B | 1.75B | 1.7B | 1.45B | 1.25B | 1.23B | 1.22B | 1.15B | 1.08B | 1.15B | 1.07B | 951M | 927M | 985M | 953M | 907M | 913M | 921M | 951M |
| Total Assets | 56.69B | 58.08B | 55.23B | 53.12B | 49.87B | 47B | 43.06B | 45.12B | 45.88B | 46.57B | 43.71B | 43.35B | 43.38B | 44.48B | 43.39B | 43.88B | 42.11B | 43.68B | 42.99B | 44.45B |
| Asset Turnover | 1.06x | 1.16x | 1.18x | 1.17x | 1.13x | 1.23x | 1.19x | 1.31x | 1.19x | 1.27x | 1.26x | 1.23x | 1.15x | 1.17x | 1.14x | 1.10x | 1.05x | 1.05x | 1.01x | 0.96x |
| Asset Growth % | 13.67% | 23.58% | 28.26% | 17.73% | 8.7% | 0.92% | -1.49% | 4.09% | 5.77% | 4.7% | 0.74% | -1.21% | 3.01% | 1.84% | 0.92% | -1.29% | -4.02% | -2.32% | 3.03% | 9.04% |
| Total Current Liabilities | 41.99B | 43.31B | 40.27B | 38.9B | 36.66B | 35.22B | 34.68B | 35.64B | 36.31B | 38.29B | 35.06B | 33.74B | 32.5B | 33.21B | 31.56B | 30.55B | 28.71B | 27.73B | 26.5B | 27.62B |
| Accounts Payable | 37.83B | 39B | 36.86B | 34.71B | 32.81B | 31.3B | 30.36B | 31.76B | 32.09B | 34.26B | 31.54B | 29.93B | 29.6B | 30.08B | 28.36B | 27.13B | 24.82B | 24.76B | 23.41B | 23.7B |
| Days Payables Outstanding | 59.16 | 55.19 | 53.37 | 53.01 | 54.69 | 53.19 | 56.73 | 50.21 | 57.03 | 54.45 | 53.45 | 52.47 | 55.15 | 53.98 | 53.19 | 51.95 | 51.7 | 50.54 | 51.2 | 51.29 |
| Short-Term Debt | 671M | 680M | 52M | 714M | 543M | 544M | 940M | 551M | 1.19B | 1.19B | 788M | 792M | 26M | 577M | 578M | 580M | 861M | 301M | 301M | 871M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.48B | 3.64B | 0 | -164M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96M |
| Current Ratio | 0.91x | 0.91x | 0.96x | 0.94x | 0.94x | 1.02x | 0.95x | 0.98x | 0.98x | 0.98x | 0.99x | 1.00x | 1.03x | 1.04x | 1.04x | 1.08x | 1.08x | 1.15x | 1.12x | 1.12x |
| Quick Ratio | 0.48x | 0.44x | 0.52x | 0.50x | 0.50x | 0.54x | 0.50x | 0.56x | 0.51x | 0.50x | 0.50x | 0.52x | 0.52x | 0.52x | 0.53x | 0.57x | 0.54x | 0.61x | 0.57x | 0.60x |
| Cash Conversion Cycle | -9.64 | -8.49 | -8.31 | -7.52 | -5.96 | -5.04 | -7.81 | -6.84 | -6.95 | -6.66 | -5.83 | -4.8 | -3.86 | -3.28 | -2.94 | -0.72 | -0.24 | -0.48 | -0.08 | -0.23 |
| Total Non-Current Liabilities | 17.53B | 17.47B | 17.84B | 16.86B | 15.11B | 14.7B | 11.66B | 12.69B | 12.84B | 11.73B | 12.13B | 12.57B | 13.09B | 13.48B | 13.61B | 14.03B | 14.09B | 14.95B | 15.1B | 15.04B |
| Long-Term Debt | 8.24B | 8.35B | 8.98B | 7.82B | 7.14B | 7.06B | 4.22B | 4.58B | 4.67B | 3.54B | 3.89B | 3.91B | 4.71B | 4.68B | 4.69B | 4.74B | 4.75B | 5.34B | 5.35B | 5.37B |
| Capital Lease Obligations | 0 | 0 | 0 | 811M | 0 | 0 | 0 | 475M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 9.13B | 8.14B | 8.71B | 2.43B | 0 | 0 | 0 | 3.09B | 0 | 0 | 8.24B | 8.65B | 8.38B | 0 | 8.92B | 9.3B | 9.34B | 9.61B | 9.74B | 9.67B |
| Other Non-Current Liabilities | 160M | 980M | 148M | 5.8B | 7.97B | 7.64B | 7.43B | 4.54B | 8.17B | 8.2B | 0 | 4M | 0 | 8.8B | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 59.36B | 60.78B | 57.96B | 55.76B | 51.77B | 49.92B | 46.34B | 48.33B | 49.14B | 50.02B | 47.2B | 46.31B | 45.59B | 46.69B | 45.17B | 44.58B | 42.8B | 42.68B | 41.6B | 42.66B |
| Total Debt | 8.92B | 9.03B | 9.03B | 9.35B | 7.68B | 7.61B | 5.16B | 5.61B | 5.85B | 4.72B | 4.68B | 4.7B | 4.73B | 5.26B | 5.27B | 5.32B | 5.61B | 5.64B | 5.65B | 6.24B |
| Net Debt | 4.98B | 6.25B | 4.44B | 5.47B | 4.35B | 3.8B | 2.3B | 476M | 2.14B | 132M | 824M | 625M | 744M | 1.61B | 1.77B | 598M | 3.26B | 2.48B | 3.19B | 2.83B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.63x | 4.05x | 3.48x |
| Debt / EBITDA | 11.78x | 10.35x | 10.02x | 14.67x | 8.20x | 10.26x | 6.89x | 9.44x | 10.72x | 6.95x | 33.41x | 15.02x | 6.34x | 103.18x | 17.10x | 24.72x | 66.81x | - | 9.70x | 18.23x |
| Net Debt / EBITDA | 6.58x | 7.17x | 4.93x | 8.59x | 4.65x | 5.12x | 3.06x | 0.80x | 3.91x | 0.19x | 5.89x | 2.00x | 1.00x | 31.53x | 5.76x | 2.78x | 38.76x | - | 5.47x | 8.27x |
| Interest Coverage | 5.04x | 6.16x | 8.48x | 6.19x | 9.99x | 15.60x | 17.91x | 98.00x | 13.21x | 171.67x | -3.00x | 9.07x | 20.43x | -4.48x | 5.40x | 0.18x | -2.61x | -25.30x | 10.23x | 3.70x |
| Total Equity | -2.67B | -2.7B | -2.73B | -2.63B | -1.9B | -2.92B | -3.28B | -3.21B | -3.26B | -3.45B | -3.49B | -2.96B | -2.22B | -2.21B | -1.78B | -706M | -693M | 1B | 1.4B | 1.79B |
| Equity Growth % | -40.78% | 7.57% | 16.64% | 18% | 41.81% | 15.26% | 6.13% | -8.62% | -47.07% | -55.83% | -96.07% | -318.84% | -220.06% | -320.76% | -227.51% | -139.35% | -138.63% | -49.27% | -2.04% | 0.11% |
| Book Value per Share | -11.32 | -11.39 | -11.43 | -10.98 | -7.88 | -12.02 | -13.37 | -13.11 | -13.31 | -14.01 | -13.96 | -11.64 | -8.60 | -8.48 | -6.52 | -2.57 | -2.52 | 3.57 | 4.83 | 6.12 |
| Total Shareholders' Equity | -2.83B | -2.7B | -2.88B | -2.78B | -2.95B | -2.99B | -3.28B | -3.21B | -3.27B | -3.45B | -3.49B | -2.96B | -2.22B | -2.21B | -1.78B | -709M | -697M | 998M | 1.39B | 1.79B |
| Common Stock | -7.22B | 2.85B | 2.75B | 2.96B | 2.95B | 2.93B | 2.83B | 2.92B | 2.89B | 2.85B | 2.73B | 2.75B | 2.82B | 2.75B | 2.58B | 2.81B | 2.76B | 2.72B | 2.67B | 2.81B |
| Retained Earnings | 1.73B | 1.46B | 1.12B | 783M | 664M | 283M | 14M | -286M | -289M | -425M | -654M | -642M | -342M | -560M | -301M | -280M | -281M | 1.25B | 1.33B | 1.21B |
| Treasury Stock | 0 | -7.03B | -6.58B | -6.37B | -6.38B | -6.03B | -5.96B | -5.68B | -5.7B | -5.72B | -5.4B | -4.91B | -4.55B | -4.25B | -3.88B | -3.13B | -3.1B | -2.88B | -2.55B | -2.19B |
| Accumulated OCI | -161M | -153M | -159M | -155M | -176M | -180M | -155M | -167M | -160M | -155M | -165M | -151M | -142M | -146M | -176M | -114M | -77M | -85M | -61M | -34M |
| Minority Interest | 160M | 0 | 148M | 147M | 1.05B | 70M | 1M | 1M | 3M | 2M | 1M | 1M | 2M | 1M | 1M | 3M | 4M | 4M | 3M | 3M |