Debt-to-Equity Ratio
Higher than 5% of Healthcare sector peers
Updated 80h ago
Sector Performance
5th percentileCAH
-3.15x
Sector Median
0.46x
Sector Avg
0.82x
Deep Analysis
Cardinal Health’s current debt-to-equity ratio of -3.15x means the company has negative shareholders’ equity, so its total liabilities exceed total assets.
The sector median is 0.46x, placing Cardinal Health in the 5th percentile among healthcare peers, which indicates a much more leveraged position than typical. Trend data is N/A: the year-over-year change, quarter-over-quarter change, and last eight quarters of values are all unavailable. Because the ratio is deeply negative and no trend is available, the level alone signals elevated financial risk, but without a direction the near-term risk cannot be assessed. This metric contradicts BriefStock’s overall NEUTRAL verdict, as negative equity typically implies higher default risk and would usually warrant a more cautious rating.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about CAH?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does CAH's Debt-to-Equity Ratio compare to its sector?
CAH's Debt-to-Equity Ratio of -3.15x compares to a Healthcare sector median of 0.46x, placing it in the 5th percentile.
Who are CAH's closest peers by Debt-to-Equity Ratio?
The closest Healthcare peers by Debt-to-Equity Ratio include: NVO (0.72x), BIO (0.18x), TDOC (0.75x), NTLA (0.13x), TECH (0.10x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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-3.15x
Sector Median
0.46x
Sector Avg
0.82x
How CAH's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.