Is it safe?
Can CAH take a bad year?
Cardinal Health carries $6.25B of net debt at 1.90× EBITDA: a load its earnings can carry.
$6.25B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.90×
Net debt / EBITDA · 1.51× a year ago · the load is going up
- Altman Z-score
- 4.89
Altman Z-score · safe zone, above 3
- Interest cover
- 8.02×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $9.03B
- Cash and short-term investments
- $2.78B
- Net debt
- $6.25B
- EBITDA, trailing twelve months
- $3.29B
- Operating profit, trailing twelve months
- $2.53B
- Total debt / EBITDA
- 2.75×
- Annualised volatilitytwo years of daily moves
- 27%
- Worst drawdown on file
- −46%
- Below its 52-week high
- −0.67%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Healthcare
Ranks #70 of 345 by Smart Score