Cardinal Health Inc Working Capital to Net Assets Ratio
Cardinal Health Inc working capital to net assets ratio. Cardinal Health Inc (CAH) has a Working Capital to Net Assets ratio of 146.9% as of March 2026. Working capital of $-3.92 Billion (current assets of $38.06 Billion minus current liabilities of $41.99 Billion) is measured against net assets of $-2.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Cardinal Health Inc (1986–2025)
Working capital to net assets ratio of Cardinal Health Inc from 1986 to 2025. This chart shows how Cardinal Health Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 146.9%, reflecting working capital of $-3.92 Billion against net assets of $-2.67 Billion USD. Explore Cardinal Health Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cardinal Health Inc Working Capital to Net Assets Ratio by Year (1986–2025)
Cardinal Health Inc working capital to net assets ratio by year from 1986 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Cardinal Health Inc from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of Cardinal Health Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 95.8% | $-2.52 Billion | $-2.63 Billion | $36.37 Billion | $38.90 Billion | ▲ +72.3 pp |
| 2024 | 23.5% | $-756.00 Million | $-3.21 Billion | $34.88 Billion | $35.64 Billion | ▲ +23.4 pp |
| 2023 | 0.1% | $-3.00 Million | $-2.96 Billion | $33.74 Billion | $33.74 Billion | ▲ +337.9 pp |
| 2022 | -337.8% | $2.38 Billion | $-706.00 Million | $32.94 Billion | $30.55 Billion | ▼ -528.7 pp |
| 2021 | 190.9% | $3.42 Billion | $1.79 Billion | $31.05 Billion | $27.62 Billion | ▲ +61.1 pp |
| 2020 | 129.7% | $2.33 Billion | $1.79 Billion | $25.94 Billion | $23.61 Billion | ▲ +103.9 pp |
| 2019 | 25.9% | $1.64 Billion | $6.33 Billion | $25.75 Billion | $24.11 Billion | ▼ -1.5 pp |
| 2018 | 27.4% | $1.66 Billion | $6.06 Billion | $24.55 Billion | $22.89 Billion | ▼ -76.9 pp |
| 2017 | 104.3% | $7.12 Billion | $6.83 Billion | $28.34 Billion | $21.22 Billion | ▲ +70.0 pp |
| 2016 | 34.3% | $2.25 Billion | $6.57 Billion | $21.96 Billion | $19.70 Billion | ▼ -37.8 pp |
| 2015 | 72.1% | $4.51 Billion | $6.26 Billion | $21.75 Billion | $17.24 Billion | ▲ +28.0 pp |
| 2014 | 44.1% | $2.82 Billion | $6.40 Billion | $17.94 Billion | $15.12 Billion | ▼ -9.1 pp |
| 2013 | 53.2% | $3.18 Billion | $5.97 Billion | $17.77 Billion | $14.59 Billion | ▼ -0.2 pp |
| 2012 | 53.4% | $3.34 Billion | $6.24 Billion | $17.51 Billion | $14.17 Billion | ▲ +3.1 pp |
| 2011 | 50.4% | $2.95 Billion | $5.85 Billion | $16.32 Billion | $13.37 Billion | ▼ -13.7 pp |
| 2010 | 64.1% | $3.38 Billion | $5.28 Billion | $14.92 Billion | $11.54 Billion | ▼ -35.7 pp |
| 2009 | 99.8% | $8.71 Billion | $8.72 Billion | $20.98 Billion | $12.28 Billion | ▲ +49.6 pp |
| 2008 | 50.2% | $3.89 Billion | $7.75 Billion | $14.28 Billion | $10.39 Billion | ▲ +8.4 pp |
| 2007 | 41.8% | $3.08 Billion | $7.38 Billion | $14.54 Billion | $11.46 Billion | ▼ -17.4 pp |
| 2006 | 59.2% | $4.99 Billion | $8.43 Billion | $16.58 Billion | $11.58 Billion | ▲ +18.0 pp |
| 2005 | 41.2% | $3.63 Billion | $8.81 Billion | $13.53 Billion | $9.90 Billion | ▼ -5.1 pp |
| 2004 | 46.2% | $3.69 Billion | $7.98 Billion | $13.06 Billion | $9.37 Billion | ▼ -30.6 pp |
| 2003 | 76.8% | $5.94 Billion | $7.73 Billion | $13.25 Billion | $7.31 Billion | ▼ -2.9 pp |
| 2002 | 79.7% | $5.10 Billion | $6.39 Billion | $11.91 Billion | $6.81 Billion | ▲ +3.5 pp |
| 2001 | 76.2% | $4.14 Billion | $5.44 Billion | $10.72 Billion | $6.57 Billion | ▲ +10.3 pp |
| 2000 | 65.9% | $2.90 Billion | $4.40 Billion | $8.45 Billion | $5.55 Billion | ▲ +3.3 pp |
| 1999 | 62.6% | $2.24 Billion | $3.57 Billion | $5.20 Billion | $2.97 Billion | ▼ -7.1 pp |
| 1998 | 69.7% | $2.06 Billion | $2.95 Billion | $4.79 Billion | $2.73 Billion | ▼ -12.4 pp |
| 1997 | 82.2% | $1.09 Billion | $1.33 Billion | $2.50 Billion | $1.41 Billion | ▼ -7.1 pp |
| 1996 | 89.2% | $924.40 Million | $1.04 Billion | $2.34 Billion | $1.42 Billion | ▼ -20.4 pp |
| 1995 | 109.7% | $601.30 Million | $548.20 Million | $1.67 Billion | $1.07 Billion | ▼ -18.2 pp |
| 1994 | 127.8% | $471.10 Million | $368.50 Million | $1.29 Billion | $816.00 Million | ▼ -14.8 pp |
| 1993 | 142.6% | $364.50 Million | $255.60 Million | $578.60 Million | $214.10 Million | ▼ -10.0 pp |
| 1992 | 152.6% | $334.70 Million | $219.30 Million | $503.20 Million | $168.50 Million | ▲ +37.7 pp |
| 1991 | 114.9% | $222.20 Million | $193.40 Million | $385.20 Million | $163.00 Million | ▲ +40.8 pp |
| 1990 | 74.1% | $92.50 Million | $124.90 Million | $213.30 Million | $120.80 Million | ▼ -49.5 pp |
| 1989 | 123.6% | $83.90 Million | $67.90 Million | $199.00 Million | $115.10 Million | ▼ -17.4 pp |
| 1988 | 140.9% | $76.10 Million | $54.00 Million | $161.90 Million | $85.80 Million | ▼ -5.1 pp |
| 1987 | 146.0% | $68.20 Million | $46.70 Million | $140.40 Million | $72.20 Million | ▼ -22.6 pp |
| 1986 | 168.7% | $70.00 Million | $41.50 Million | $116.30 Million | $46.30 Million | — |