Cardiol Net Receivables from 2010 to 2024

CRDL Stock  USD 1.33  0.03  2.21%   
Cardiol Therapeutics Net Receivables yearly trend continues to be quite stable with very little volatility. Net Receivables may rise above about 452.2 K this year. From the period between 2010 and 2024, Cardiol Therapeutics, Net Receivables regression line of its data series had standard deviation of  238,214 and standard deviation of  238,214. View All Fundamentals
 
Net Receivables  
First Reported
2017-12-31
Previous Quarter
242.4 K
Current Value
266.7 K
Quarterly Volatility
223.8 K
 
Covid
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.
  
Check out the analysis of Cardiol Therapeutics Correlation against competitors.

Latest Cardiol Therapeutics' Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Cardiol Therapeutics Class over the last few years. It is Cardiol Therapeutics' Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Cardiol Net Receivables Regression Statistics

Arithmetic Mean269,461
Geometric Mean197,297
Coefficient Of Variation88.40
Mean Deviation185,501
Median101,746
Standard Deviation238,214
Sample Variance56.7B
Range826.1K
R-Value0.60
Mean Square Error38.9B
R-Squared0.36
Significance0.02
Slope32,148
Total Sum of Squares794.4B

Cardiol Net Receivables History

2024452.2 K
2023279.9 K
2022480.2 K
2021407.1 K
2020219.9 K
2019927.9 K
2018460.8 K

About Cardiol Therapeutics Financial Statements

Cardiol Therapeutics investors utilize fundamental indicators, such as Net Receivables, 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 ReportedProjected for Next Year
Net Receivables279.9 K452.2 K

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When determining whether Cardiol Therapeutics is a strong investment it is important to analyze Cardiol Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cardiol Therapeutics' future performance. For an informed investment choice regarding Cardiol Stock, refer to the following important reports:
Check out the analysis of Cardiol Therapeutics Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.