Cardinal Health Inc (CAH) — Tangible Net Worth Ratio
Cardinal Health Inc (CAH) has a Tangible Net Worth Ratio of -93.9% as of December 2021. This metric is calculated by deducting intangible assets ($1.94 Billion) from net assets ($1.00 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Cardinal Health Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cardinal Health Inc Tangible Net Worth Ratio (1986–2021)
This chart shows how Cardinal Health Inc's Tangible Net Worth Ratio has changed across 36 annual periods from 1986 to 2021. As of December 2021, the ratio stands at -93.9%, reflecting net assets of $1.00 Billion with intangible assets of $1.94 Billion USD. See Cardinal Health Inc (CAH) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Cardinal Health Inc (1986–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Cardinal Health Inc from 1986 to 2021, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Cardinal Health Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -17.3% | $1.79 Billion | $2.10 Billion | $44.45 Billion | ▲ +45.5 pp |
| 2020 | -62.8% | $1.79 Billion | $2.92 Billion | $40.77 Billion | ▼ -108.6 pp |
| 2019 | 45.8% | $6.33 Billion | $3.43 Billion | $40.96 Billion | ▲ +10.4 pp |
| 2018 | 35.4% | $6.06 Billion | $3.91 Billion | $39.95 Billion | ▼ -35.5 pp |
| 2017 | 70.9% | $6.83 Billion | $1.99 Billion | $40.11 Billion | ▲ +5.3 pp |
| 2016 | 65.6% | $6.57 Billion | $2.26 Billion | $34.12 Billion | ▼ -19.2 pp |
| 2015 | 84.8% | $6.26 Billion | $948.00 Million | $30.14 Billion | ▲ +0.3 pp |
| 2014 | 84.5% | $6.40 Billion | $992.00 Million | $26.03 Billion | ▲ +0.8 pp |
| 2013 | 83.7% | $5.97 Billion | $973.00 Million | $25.82 Billion | ▼ -9.7 pp |
| 2012 | 93.4% | $6.24 Billion | $414.00 Million | $24.26 Billion | ▲ +0.4 pp |
| 2011 | 92.9% | $5.85 Billion | $413.00 Million | $22.85 Billion | ▲ +35.6 pp |
| 2010 | 57.3% | $5.28 Billion | $2.25 Billion | $19.99 Billion | ▲ +27.2 pp |
| 2009 | 30.1% | $8.72 Billion | $6.10 Billion | $25.12 Billion | ▲ +10.5 pp |
| 2008 | 19.6% | $7.75 Billion | $6.23 Billion | $23.45 Billion | ▼ -0.9 pp |
| 2007 | 20.6% | $7.38 Billion | $5.86 Billion | $23.15 Billion | ▼ -20.2 pp |
| 2006 | 40.8% | $8.43 Billion | $4.99 Billion | $23.37 Billion | ▼ -1.4 pp |
| 2005 | 42.2% | $8.81 Billion | $5.10 Billion | $22.06 Billion | ▲ +4.1 pp |
| 2004 | 38.1% | $7.98 Billion | $4.94 Billion | $21.37 Billion | ▼ -31.7 pp |
| 2003 | 69.8% | $7.73 Billion | $2.33 Billion | $18.52 Billion | ▼ -6.0 pp |
| 2002 | 75.8% | $6.39 Billion | $1.54 Billion | $16.44 Billion | ▼ -2.5 pp |
| 2001 | 78.4% | $5.44 Billion | $1.18 Billion | $14.64 Billion | ▲ +2.1 pp |
| 2000 | 76.3% | $4.40 Billion | $1.04 Billion | $12.02 Billion | ▲ +2.7 pp |
| 1999 | 73.6% | $3.57 Billion | $942.10 Million | $8.40 Billion | ▲ +2.4 pp |
| 1998 | 71.2% | $2.95 Billion | $850.50 Million | $7.48 Billion | ▼ -19.6 pp |
| 1997 | 90.8% | $1.33 Billion | $122.10 Million | $3.11 Billion | ▲ +1.9 pp |
| 1996 | 88.9% | $1.04 Billion | $114.90 Million | $2.83 Billion | ▼ -11.1 pp |
| 1995 | 100.0% | $548.20 Million | $0.00 | $1.84 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $368.50 Million | $0.00 | $1.40 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $255.60 Million | $0.00 | $656.50 Million | ▲ +10.8 pp |
| 1992 | 89.2% | $219.30 Million | $23.70 Million | $576.60 Million | ▲ +0.3 pp |
| 1991 | 88.9% | $193.40 Million | $21.50 Million | $446.40 Million | ▼ -1.3 pp |
| 1990 | 90.2% | $124.90 Million | $12.30 Million | $251.20 Million | ▲ +8.7 pp |
| 1989 | 81.4% | $67.90 Million | $12.60 Million | $232.70 Million | ▲ +5.5 pp |
| 1988 | 75.9% | $54.00 Million | $13.00 Million | $190.50 Million | ▼ -8.7 pp |
| 1987 | 84.6% | $46.70 Million | $7.20 Million | $177.00 Million | ▼ -9.9 pp |
| 1986 | 94.5% | $41.50 Million | $2.30 Million | $137.60 Million | — |