Cardinal Health Quick Ratio 2010-2024 | CAH

Cardinal Health quick ratio for the quarter ending June 30, 2024 was 0.56.

  • Cardinal Health average quick ratio for 2023 was 0.51, a 5.56% increase from 2022.
  • Cardinal Health average quick ratio for 2022 was 0.54, a 10% decline from 2021.
  • Cardinal Health average quick ratio for 2021 was 0.6, a 7.14% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Cardinal Health Quick Ratio 2010-2024 | CAH

  • Cardinal Health average quick ratio for 2023 was 0.51, a 5.56% increase from 2022.
  • Cardinal Health average quick ratio for 2022 was 0.54, a 10% decline from 2021.
  • Cardinal Health average quick ratio for 2021 was 0.6, a 7.14% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.