Non-Current Liabilities

Hybrid debt

Cardinal Health Hybrid debt decreased by 5.6% to $203.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $175.00M to $203.00M. Over 2 years (FY 2023 to FY 2025), Hybrid debt shows an upward trend with a 57.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

Used strategically to optimize capital structure; increases may be intended to bolster regulatory capital buffers.

Detailed definition

This category includes complex or hybrid financial instruments that do not fit into standard debt classifications. These...

Peer comparison

Varies by bank based on specific capital management strategies and regulatory requirements.

Metric ID: non_current_liabilities_other_borrowings

Historical Data

9 periods
 Q2 '23Q1 '24Q2 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$86.00M$104.00M$110.00M$137.00M$175.00M$213.00M$218.00M$215.00M$203.00M
QoQ Change—+20.9%+5.8%+24.5%+27.7%+21.7%+2.3%-1.4%-5.6%
YoY Change——+27.9%—+68.3%+93.6%—+56.9%+16.0%
Range$86.00M – $218.00M
CAGR+53.6%
Avg YoY Growth+52.5%
Median YoY Growth+56.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cardinal Health's hybrid debt?
Cardinal Health (CAH) reported hybrid debt of $203.00M in Q1 2026.
How has Cardinal Health's hybrid debt changed year-over-year?
Cardinal Health's hybrid debt increased by 16.0% year-over-year, from $175.00M to $203.00M.
What is the long-term trend for Cardinal Health's hybrid debt?
Over 2 years (2023 to 2025), Cardinal Health's hybrid debt has grown at a 57.4% compound annual growth rate (CAGR), from $86.00M to $213.00M.
What does hybrid debt mean?
Long-term financial obligations that have unique features, such as convertibility or hybrid debt-equity characteristics.