Cardiol Cash And Short Term Investments from 2010 to 2024
| CRDL Stock | USD 1.36 0.07 4.90% |
Cash And Short Term Investments | First Reported 2017-12-31 | Previous Quarter 24 M | Current Value 15.9 M | Quarterly Volatility 23.9 M |
Check Cardiol Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardiol Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 2.3 M, Interest Income of 2.3 M or Depreciation And Amortization of 182.4 K, as well as many indicators such as Price To Sales Ratio of 1 K, Dividend Yield of 0.0 or PTB Ratio of 2.38. Cardiol financial statements analysis is a perfect complement when working with Cardiol Therapeutics Valuation or Volatility modules.
Cardiol | Cash And Short Term Investments |
Latest Cardiol Therapeutics' Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Cardiol Therapeutics Class over the last few years. Short Term Investments is an account in the current assets section of Cardiol Therapeutics balance sheet. This account contains Cardiol Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cardiol Therapeutics Class fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Cardiol Therapeutics' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardiol Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Cardiol Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 17,945,407 | |
| Geometric Mean | 7,320,098 | |
| Coefficient Of Variation | 139.01 | |
| Mean Deviation | 18,777,919 | |
| Median | 2,356,524 | |
| Standard Deviation | 24,946,210 | |
| Sample Variance | 622.3T | |
| Range | 81.5M | |
| R-Value | 0.70 | |
| Mean Square Error | 344.1T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 3,891,001 | |
| Total Sum of Squares | 8712.4T |
Cardiol Cash And Short Term Investments History
About Cardiol Therapeutics Financial Statements
Cardiol Therapeutics investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Cardiol Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 34.9 M | 34.3 M |
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardiol Therapeutics. If investors know Cardiol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardiol Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Return On Assets (0.54) | Return On Equity (1.08) |
The market value of Cardiol Therapeutics is measured differently than its book value, which is the value of Cardiol that is recorded on the company's balance sheet. Investors also form their own opinion of Cardiol Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Cardiol Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardiol Therapeutics' market value can be influenced by many factors that don't directly affect Cardiol Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardiol Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardiol Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardiol Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.