The Net Profit Margin showed mixed fluctuations, improving from ‑2.42% in 2020 to 0.38% in 2024.
The average EBITDA Margin during the review period was ‑197.84%.
In the current year, Cardinal Health’s interest coverage ratio rose to 24.55 times, compared to ‑14.85 times in 2020.
The Asset Turnover increased to 5.03 times in 2024 from 3.75 times in 2020, indicating stronger efficiency in utilizing assets to generate revenue
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Profitability
Cardinal Health’s revenue has grown consistently year on year. Between 2020 and 2021, revenue rose by 6.2%, followed by an 11.63% increase from 2021 to 2022. In the current period, revenue expanded further, recording a 10.66% rise between 2023 and 2024.
Profitability also appears strong, with the return on capital employed showing solid performance throughout the review period.
Liquidity
The company’s liquidity position appears somewhat weak, with the current ratio slipping from 1.0:1 to 0.98:1 in the past year. This suggests that its current assets are insufficient to fully cover current liabilities, indicating pressure on short‑term financial stability.
Capital Structure
Cardinal Health is financed through a combination of equity and debt. The debt ratio has fluctuated over the years, and in the current year it stands at 107.12%, indicating a relatively high level of leverage in the company’s capital structure.
