Discontinued — last reported Q4 '23

Business Segments · Goodwill, Foreign Currency Translation Gain (Loss)

Medical — Goodwill, Foreign Currency Translation Gain (Loss)

Cardinal Health Medical — Goodwill, Foreign Currency Translation Gain (Loss) decreased by 233.3% to -$4.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 87.5%, from -$32.00M to -$4.00M. Over 2 years (FY 2021 to FY 2023), Medical — Goodwill, Foreign Currency Translation Gain (Loss) shows a downward trend with a -42.3% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2014
Last reportedQ4 2023

How to read this metric

An increase represents a gain from currency translation, while a decrease represents a loss, independent of operational performance.

Detailed definition

Captures the impact of fluctuations in foreign exchange rates on the carrying value of goodwill denominated in currencie...

Peer comparison

Relevant for multinational healthcare companies with significant non-domestic operations.

Metric ID: cah_segment_medical_goodwill_foreign_currency_translation_gain_loss

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$3.00M$10.00M-$36.00M-$15.00M-$23.00M$26.00M-$32.00M$1.00M-$1.00M$3.00M-$4.00M
QoQ Change+233.3%-460.0%+58.3%-53.3%+213.0%-223.1%+103.1%-200.0%+400.0%-233.3%
YoY Change-866.7%+160.0%+11.1%+106.7%+95.7%-88.5%+87.5%
Range-$36.00M$26.00M
CAGR+12.2%
Avg YoY Growth-70.6%
Median YoY Growth+87.5%

Frequently Asked Questions

What is Cardinal Health's medical — goodwill, foreign currency translation gain (loss)?
Cardinal Health (CAH) reported medical — goodwill, foreign currency translation gain (loss) of -$4.00M in Q4 2023.
How has Cardinal Health's medical — goodwill, foreign currency translation gain (loss) changed year-over-year?
Cardinal Health's medical — goodwill, foreign currency translation gain (loss) increased by 87.5% year-over-year, from -$32.00M to -$4.00M.
What is the long-term trend for Cardinal Health's medical — goodwill, foreign currency translation gain (loss)?
Over 2 years (2021 to 2023), Cardinal Health's medical — goodwill, foreign currency translation gain (loss) has grown at a -42.3% compound annual growth rate (CAGR), from $18.00M to -$6.00M.
What does medical — goodwill, foreign currency translation gain (loss) mean?
Changes in the value of goodwill due to foreign currency exchange rate movements.