Discontinued — last reported Q4 '23

Business Segments · Goodwill impairment

Medical — Goodwill impairment

Cardinal Health Medical — Goodwill impairment decreased by 100.0% to $0.00 in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $709.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2018
Last reportedQ4 2023

How to read this metric

An increase signals deteriorating business performance or overpayment for past acquisitions.

Detailed definition

Represents a non-cash charge taken when the carrying value of goodwill in the Medical segment exceeds its implied fair v...

Peer comparison

A negative indicator monitored closely by investors as a sign of strategic missteps.

Metric ID: cah_segment_medical_goodwill_impairment

Historical Data

6 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q3 '23Q4 '23
Value$1.31B$154.00M$709.00M$0.00$581.00M$0.00
QoQ Change-88.2%+360.4%-100.0%-100.0%
YoY Change-45.8%+277.3%-100.0%
Range$0.00$1.31B
CAGR-100.0%
Avg YoY Growth+43.8%
Median YoY Growth-45.8%

Frequently Asked Questions

What is Cardinal Health's medical — goodwill impairment?
Cardinal Health (CAH) reported medical — goodwill impairment of $0.00 in Q4 2023.
How has Cardinal Health's medical — goodwill impairment changed year-over-year?
Cardinal Health's medical — goodwill impairment decreased by 100.0% year-over-year, from $709.00M to $0.00.
What does medical — goodwill impairment mean?
A write-down of the value of goodwill due to a decline in the segment's expected performance.