Cardiol Therapeutics Inc.

Cardiol Therapeutics Inc.verified

CRDL.TO

Price:

$2.66

Market Cap:

$185.89M

Cardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of cardiovascular disease (CVD). Its lead product is CardiolRx, which is in Phase II/III multi-national, randomized, double-blind, and placebo-controlled study to evaluate the efficacy and safety of CardiolRx as a cardioprotective therapy to reduce cardiovascular and respiratory events in patients hospitalized with COVID-19, as well as to evaluate the efficacy and safety of CardiolRx in acute myocarditis. The company is also developing subcutaneous formulation of CardiolRx for the treatment of fibrosis and inflammation i...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2018-12-20

Stock Exchange

TSX

Ticker

CRDL.TO

The Current Ratio as of November 2024 (TTM) for Cardiol Therapeutics Inc. (CRDL.TO) is 2.39

According to Cardiol Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.39. This represents a change of -35.48% compared to the average of 3.71 of the last 4 quarters.

Cardiol Therapeutics Inc. (CRDL.TO) Historical Current Ratio (quarterly & annually)

How has CRDL.TO Current Ratio performed in the past?

The mean historical Current Ratio of Cardiol Therapeutics Inc. over the last ten years is 10.03. The current 2.39 Current Ratio has changed 2.29% with respect to the historical average. Over the past ten years (40 quarters), CRDL.TO'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.

Quarterly (TTM)
Annual

Average

10.03

Median

7.53

Minimum

4.36

Maximum

20.81

Cardiol Therapeutics Inc. (CRDL.TO) Current Ratio by Quarter and Year

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 = 4.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.36-30.45%
20226.27-16.83%
20217.5326.92%
20205.94-71.47%
201920.8185.48%
201811.22-20.21%

Cardiol Therapeutics Inc. (CRDL.TO) Average Current Ratio

How has CRDL.TO Current Ratio performed in the past?

The current Current Ratio of Cardiol Therapeutics Inc. (CRDL.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.05

5-year avg

8.98

10-year avg

10.03

Cardiol Therapeutics Inc. (CRDL.TO) Current Ratio vs. Peers

How is CRDL.TO’s Current Ratio compared to its peers?

Cardiol Therapeutics Inc.’s Current Ratio is less than MediPharm Labs Corp. (3.11), greater than Avicanna Inc. (0.69), less than Medicenna Therapeutics Corp. (9.43), less than Charlotte's Web Holdings, Inc. (3.08), greater than PharmaCielo Ltd. (0.14),

Build a custom stock screener for Cardiol Therapeutics Inc. (CRDL.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Cardiol Therapeutics Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Cardiol Therapeutics Inc. (CRDL.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Cardiol Therapeutics Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Cardiol Therapeutics Inc.'s Current Ratio?

How is the Current Ratio calculated for Cardiol Therapeutics Inc. (CRDL.TO)?

What is the highest Current Ratio for Cardiol Therapeutics Inc. (CRDL.TO)?

What is the 3-year average Current Ratio for Cardiol Therapeutics Inc. (CRDL.TO)?

What is the 5-year average Current Ratio for Cardiol Therapeutics Inc. (CRDL.TO)?

How does the current Current Ratio for Cardiol Therapeutics Inc. (CRDL.TO) compare to its historical average?