Cardinal Health Inc (CAH)
Debt-to-equity ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -2,781,000 | -3,213,000 | -2,958,000 | -709,000 | 1,791,000 |
| Debt-to-equity ratio | — | — | — | — | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-2,781,000K
= —
The debt-to-equity ratio for Cardinal Health Inc as of June 30, 2021, is reported to be 0.00, indicating that the company's total debt was effectively zero relative to its shareholder equity at that date. For subsequent fiscal years—June 30, 2022, through June 30, 2025—the ratio is denoted by a dash (—), suggesting that the data is either unavailable, not applicable, or that the company did not report or have measurable debt levels during these periods. This pattern implies that during the reported timeline, Cardinal Health Inc maintained a financial structure with negligible or no reported debt relative to its equity. The absence of debt in the reported periods may suggest a conservative capital structure, potentially reflecting a focus on internal financing or sufficient equity to support operations without reliance on external borrowing. It is important to consider whether the lack of reported debt is due to data unavailability or actual financial position, as this impacts the interpretation of the company’s leverage and overall financial risk profile.
Peer comparison
Jun 30, 2025