CARDINAL HEALTH
CARDINAL HEALTH operates in Diversified Metals & Mining.
CARDINAL HEALTH (CLH) - Net Assets
Latest net assets as of September 2024: €-3.28 Billion EUR
Based on the latest financial reports, CARDINAL HEALTH (CLH) has net assets worth €-3.28 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.06 Billion) and total liabilities (€46.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-3.28 Billion |
| % of Total Assets | -7.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | -279.24% |
| 10-Year Change | N/A |
| Growth Volatility | 53.39 |
CARDINAL HEALTH - Net Assets Trend (2016–2024)
This chart illustrates how CARDINAL HEALTH's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CARDINAL HEALTH (2016–2024)
The table below shows the annual net assets of CARDINAL HEALTH from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €-3.21 Billion | -8.62% |
| 2023-06-30 | €-2.96 Billion | -318.84% |
| 2022-06-30 | €-706.00 Million | -139.35% |
| 2021-06-30 | €1.79 Billion | +0.11% |
| 2020-06-30 | €1.79 Billion | -71.69% |
| 2019-06-30 | €6.33 Billion | +4.47% |
| 2018-06-30 | €6.06 Billion | -11.26% |
| 2017-06-30 | €6.83 Billion | +3.91% |
| 2016-06-30 | €6.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CARDINAL HEALTH's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 104.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | €-3.21 Billion | 100.00% |
CARDINAL HEALTH Competitors by Market Cap
The table below lists competitors of CARDINAL HEALTH ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K.B. Recycling Industries Ltd
OTCQB:AKMYF
|
$1.84 Million |
|
SandRidge Mississippian Trust I
PINK:SDTTU
|
$1.84 Million |
|
Indaptus Therapeutics Inc
NASDAQ:INDP
|
$1.84 Million |
|
Pucara Gold Ltd
PINK:PCRAF
|
$1.84 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$1.84 Million |
|
VALIANT HLDG N - Dusseldorf Stock Exchang
DU:VAT
|
$1.84 Million |
|
AMETEK (AK1.SG)
STU:AK1
|
$1.84 Million |
|
Surya Biru Murni Acetylene Tbk PT
JK:SBMA
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CARDINAL HEALTH's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,958,000,000 to -3,213,000,000, a change of -255,000,000.
- Net income of 852,000,000 contributed positively to equity growth.
- Dividend payments of 499,000,000 reduced retained earnings.
- Share repurchases of 750,000,000 reduced equity.
- Other factors increased equity by 142,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €852.00 Million | +26.52% |
| Dividends Paid | €499.00 Million | -15.53% |
| Share Repurchases | €750.00 Million | -23.34% |
| Other Changes | €142.00 Million | +4.42% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares CARDINAL HEALTH's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €21.54 | €187.16 | x |
| 2018-06-30 | €19.61 | €187.16 | x |
| 2019-06-30 | €21.16 | €187.16 | x |
| 2020-06-30 | €6.11 | €187.16 | x |
| 2021-06-30 | €6.15 | €187.16 | x |
| 2022-06-30 | €-2.60 | €187.16 | x |
| 2023-06-30 | €-11.78 | €187.16 | x |
| 2024-06-30 | €-13.17 | €187.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CARDINAL HEALTH utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.38%
- • Asset Turnover: 5.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.77% | 1.17% | 3.56x | 5.21x | €771.60 Million |
| 2017 | 18.92% | 0.99% | 3.24x | 5.89x | €607.20 Million |
| 2018 | 4.23% | 0.19% | 3.42x | 6.59x | €-349.90 Million |
| 2019 | 21.54% | 0.94% | 3.55x | 6.47x | €730.20 Million |
| 2020 | -206.60% | -2.42% | 3.75x | 22.79x | €-3.87 Billion |
| 2021 | 34.12% | 0.38% | 3.65x | 24.82x | €431.90 Million |
| 2022 | 0.00% | -0.52% | 4.13x | 0.00x | €-867.10 Million |
| 2023 | 0.00% | 0.16% | 4.73x | 0.00x | €625.80 Million |
| 2024 | 0.00% | 0.38% | 5.03x | 0.00x | €1.17 Billion |
Industry Comparison
This section compares CARDINAL HEALTH's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CARDINAL HEALTH (CLH) | €-3.28 Billion | 21.77% | N/A | $1.84 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |