Discontinued — last reported Q3 '23
Business Segments · Goodwill, Impairment Loss
Medical — Goodwill, Impairment Loss
Cardinal Health Medical — Goodwill, Impairment Loss decreased by 18.1% to $581.00M in Q3 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2018
Last reportedQ3 2023
Rolls up toGoodwill impairment
How to read this metric
An increase signals a decline in the expected future profitability or market value of the business segment, potentially indicating past overpayment for acquisitions.
Detailed definition
This represents the non-cash charge recognized when the carrying value of goodwill associated with a specific business s...
Peer comparison
Peers in the healthcare distribution space periodically report similar charges during restructuring or market downturns.
Metric ID:
cah_segment_medical_goodwill_impairment_lossHistorical Data
4 periods
| Q4 '21 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|
| Value | $1.31B | $154.00M | $709.00M | $581.00M |
| QoQ Change | — | -88.2% | +360.4% | -18.1% |
| YoY Change | — | — | -45.8% | +277.3% |
Range$154.00M – $1.31B
Avg YoY Growth+115.8%
Median YoY Growth+115.8%
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Frequently Asked Questions
- What is Cardinal Health's medical — goodwill, impairment loss?
- Cardinal Health (CAH) reported medical — goodwill, impairment loss of $581.00M in Q3 2023.
- What does medical — goodwill, impairment loss mean?
- A non-cash expense recorded when the value of a business unit's acquired assets is determined to be lower than what is currently on the balance sheet.