Friday, June 14, 2019
Cardinal Health Case Study Example | Topics and Well Written Essays - 500 words
Cardinal Health - Case Study ExampleThe play along everyplacely has markets outside the U.S such as in China.The latest analysis of the company reveal that the company has over 30,000 employees, a sales revenue of just over $91 billion, a market value of $ 29 billion and income assets totaling 26, 033. Additionally, the sales growth is recorded at 9.9 % while the employees growth rate is 1.2%. These figures have take to the analysis that the firm has a medium credit rating. In its furthest fiscal year, in June 2014, the company was ranked number 22 in the listen of FORTUNE 500 companies, number 22 in the FORTUNE 1000 and number 465 in the FT Global 5000 category.Therefore, the company is a trend typesetter in the healthcare sector and is the worlds top most provider of cost effective medical services to ambulatory service providers, hospitals and pharmaceuticals.For the last two fiscal years, the company has recorded constant growth in earnings per role and dividends given to the shareholders. For example, in 2013, the EPS was 0.97 while in 2014, it was 3.38. For dividends paid, the amount per share rose from $1.09 in 2013 to $1.25 in 2014. However, there was a marked overall decline in the total revenue from around $ 101 billion in 2013, to approximately $91 billion in 2014.This suggests that the shareholders wealth has improved in the past two years even though they have recorded significantly lower revenue levels. Therefore, a hold recommendation is appropriate as the shares might yield more value in the following financial quarters. This localisation is backed further by the latest stock price value of the company. The share moved by 0.6 points and is currently selling at $ 89.03 which is a 0.68% increase.The companys operating margin percentage has risen from 0.99 in 2013 to 2.27 in 2014, an indication that the NOWC has increased. This signals to the companys improved working capital. At 2.27, the company is not at risk of
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