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Cardinal Health Financial Ratios

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Cardinal Health Company Analysis Cardinal Health, Inc. is a very diverse and well-developed company that contribute products and services to hospital systems. According to Yahoo! Finance, Cardinal Health is classified in the industrial Sector, but has business holdings that compete in other industries including energy, home appliances, healthcare and finance (“Yahoo finance:CH,”2013). Cardinal Health is included in the Dow Jones Composite and Dow Industrial Indexes. Cardinal Health operates in various segments through its subsidiaries in many countries and would be considered as one of the strong global competitor. Cardinal Health is one of the subsidiaries of Cardinal Health Company that has focus in the Healthcare sector. More specifically, …show more content…

2012 Return on Assets (ROA) was 1.94, while the industry average was 2.08(“Mergent online-, “2013). Cardinal Health retain a Long-Term Debt to Equity Ratio of 1.92 and a Total Debt to Equity ratio of 2.74. For liquidity, Cardinal Health Falls slightly behind its competitors with a Current Ratio of .74 and the industry average of 1.25. while some Cardinal Health’s ratios are below industry standards, they still retain a sold financial position that could be considered more than most of their …show more content…

A Voluntary recall when needed can be perceived as move by the company to do what they can to correct a problem once they are aware of it. An example of a reasonable handled product recall would be the Firestone tire recall of the early 2000’s (Schubert & Baird, 2011). One approach that could help Cardinal Healthcare would be to ensure all their products the “premarket approval” to exempt them from liability for products that are being developed which positions them well to compete at the highest level in this

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