Cardinal Health Inc (CAH)
Return on total capital
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,251,000 | 730,000 | -621,000 | 502,000 | -3,537,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -3,213,000 | -2,958,000 | -709,000 | 1,791,000 | 1,789,000 |
| Return on total capital | — | — | — | 28.03% | -197.71% |
June 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,251,000K ÷ ($—K + $-3,213,000K)
= —
Based on the provided data for Cardinal Health Inc, the return on total capital was not available for the years 2024, 2023, and 2022. However, in 2021, the return on total capital stood at a healthy 28.03%, indicating a strong performance in generating profit in relation to the total capital invested. It is worth noting that in 2020, there was a significant decline in the return on total capital to -197.71%, which suggests that the company faced challenges that year in efficiently utilizing its capital to generate returns. This emphasizes the importance of monitoring trends in return on total capital over time to assess the company's profitability and capital efficiency.
Peer comparison
Jun 30, 2024