Discontinued — last reported Q1 '22

Business Segments · Goodwill impairment

Medical Unit — Goodwill impairment

Cardinal Health Medical Unit — Goodwill impairment decreased by 63.5% to $474.00M in Q1 2022 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 reportedQ4 2021
Last reportedQ1 2022

How to read this metric

An increase indicates a negative reassessment of the segment's future earnings potential or a decline in the market value of its underlying assets, while a decrease suggests stable or improving asset valuation.

Detailed definition

This metric represents the non-cash charge recorded when the carrying value of the Medical segment's net assets exceeds...

Peer comparison

Peers in the medical distribution and manufacturing space periodically report goodwill impairments during restructuring phases or when specific product lines face sustained margin compression or regulatory headwinds.

Metric ID: cah_segment_medical_unit_goodwill_impairment

Historical Data

2 periods
 Q4 '21Q1 '22
Value$1.30B$474.00M
QoQ Change-63.5%
Range$474.00M$1.30B

Frequently Asked Questions

What is Cardinal Health's medical unit — goodwill impairment?
Cardinal Health (CAH) reported medical unit — goodwill impairment of $474.00M in Q1 2022.
What does medical unit — goodwill impairment mean?
The amount of value written off from the Medical segment's assets because the business is worth less than previously recorded on the balance sheet.