Cardinal Health Inc (CAH)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 53,122,000 | 45,121,000 | 43,349,000 | 43,878,000 | 44,453,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $53,122,000K
= 0.00
The debt-to-assets ratio for Cardinal Health Inc. has consistently been reported as 0.00 across the entire period from June 30, 2021, through June 30, 2025. This indicates that the company has not reported any debt obligations relative to its total assets during these fiscal years. A debt-to-assets ratio of zero suggests that the firm's total assets are financed entirely through equity or other non-debt sources, reflecting an entirely debt-free capital structure during this timeframe. Such a stance could imply a conservative financial strategy emphasizing self-financing or a position of having minimal or no external borrowings. However, it also raises questions regarding the company's leverage choices, financing flexibility, and potential implications for growth and operational risk management.
Peer comparison
Jun 30, 2025