Cardiol Other Stockholder Equity from 2010 to 2024

CRDL Stock  USD 1.33  0.03  2.21%   
Cardiol Therapeutics Other Stockholder Equity yearly trend continues to be quite stable with very little volatility. The value of Other Stockholder Equity is projected to decrease to about 10 M. From the period between 2010 and 2024, Cardiol Therapeutics, Other Stockholder Equity regression line of its data series had standard deviation of  6,457,788 and standard deviation of  6,457,788. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2017-12-31
Previous Quarter
21.4 M
Current Value
27.5 M
Quarterly Volatility
7.1 M
 
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' Other Stockholder Equity Growth Pattern

Below is the plot of the Other Stockholder Equity of Cardiol Therapeutics Class over the last few years. It is Cardiol Therapeutics' Other Stockholder Equity 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.
Other Stockholder Equity10 Years Trend
Slightly volatile
   Other Stockholder Equity   
       Timeline  

Cardiol Other Stockholder Equity Regression Statistics

Arithmetic Mean5,052,909
Geometric Mean1,358,701
Coefficient Of Variation127.80
Mean Deviation5,410,808
Median259,463
Standard Deviation6,457,788
Sample Variance41.7T
Range18.5M
R-Value0.85
Mean Square Error12.5T
R-Squared0.72
Significance0.000062
Slope1,226,025
Total Sum of Squares583.8T

Cardiol Other Stockholder Equity History

202410 M
202318.8 M
202215.6 M
202112.7 M
20208.8 M
20194.8 M
20183.1 M

About Cardiol Therapeutics Financial Statements

Cardiol Therapeutics investors utilize fundamental indicators, such as Other Stockholder Equity, 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
Other Stockholder Equity18.8 M10 M

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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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.