CRDL
Price:
$1.06
Market Cap:
$173.48M
Cardiol Therapeutics Inc. is a clinical-stage life sciences firm dedicated to discovering and advancing anti-fibrotic and anti-inflammatory therapies for cardiovascular disease (CVD). Its leading candidate, CardiolRx, is currently undergoing a multi-national, randomized, double-blind, placebo-controlled Phase II/III study. This pivotal trial assesses CardiolRx's safety and effectiveness as a cardioprotective treatment to diminish cardiovascular and respiratory complications in hospitalized COVID-19 patients, while also investigating its potential for acute myocarditis. Furthermore, the company is developing a subcutaneous version of CardiolRx, aimed at addressing the cardiac fibrosis and inf...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2019-01-15
Stock Exchange
NASDAQ
Ticker
CRDL
According to Cardiol Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.39. This represents a change of 17.77% compared to the average of 3.73 of the last 4 quarters.
The mean historical Current Ratio of Cardiol Therapeutics Inc. over the last ten years is 8.76. The current 4.39 Current Ratio has changed 4.91% with respect to the historical average. Over the past ten years (40 quarters), CRDL's Current Ratio was at its highest in in the June 2019 quarter at 24.67. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
8.76
Median
6.27
Minimum
4.16
Maximum
20.81
Discovering the peaks and valleys of Cardiol Therapeutics Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 85.48%
Maximum Annual Current Ratio = 20.81
Minimum Annual Increase = -71.47%
Minimum Annual Current Ratio = 4.16
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.16 | -8.01% |
| 2024 | 4.52 | 3.66% |
| 2023 | 4.36 | -30.45% |
| 2022 | 6.27 | -16.83% |
| 2021 | 7.53 | 26.92% |
| 2020 | 5.94 | -71.47% |
| 2019 | 20.81 | 85.48% |
| 2018 | 11.22 | -20.21% |
The current Current Ratio of Cardiol Therapeutics Inc. (CRDL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.34
5-year avg
5.37
10-year avg
8.76
Cardiol Therapeutics Inc.’s Current Ratio is greater than InterCure Ltd. (1.48), greater than Connect Biopharma Holdings Limited (3.74), greater than Vivani Medical, Inc. (3.18), less than Microbot Medical Inc. (22.59), less than InspireMD, Inc. (5.15), greater than Assertio Holdings, Inc. (1.82), greater than InflaRx N.V. (4.16), less than Kalaris Therapeutics Inc (12.14), less than ImageneBio Inc (18.39), less than Hyperfine, Inc. (5.52),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.48 | $53.08M | |
| 3.74 | $125.93M | |
| 3.18 | $67.94M | |
| 22.59 | $84.76M | |
| 5.15 | $33.26M | |
| 1.82 | $151.86M | |
| 4.16 | $130.74M | |
| 12.14 | $88.28M | |
| 18.39 | $67.67M | |
| 5.52 | $134.74M |
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