Cardiol Therapeutics Class Stock Fundamentals

CRDL Stock  USD 1.33  0.03  2.21%   
Cardiol Therapeutics Class fundamentals help investors to digest information that contributes to Cardiol Therapeutics' financial success or failures. It also enables traders to predict the movement of Cardiol Stock. The fundamental analysis module provides a way to measure Cardiol Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cardiol Therapeutics stock.
At this time, Cardiol Therapeutics' Net Interest Income is quite stable compared to the past year. Interest Income is expected to rise to about 2.3 M this year, although the value of Selling General Administrative will most likely fall to about 14.6 M.
  
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Cardiol Therapeutics Class Company Shares Outstanding Analysis

Cardiol Therapeutics' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Cardiol Therapeutics Shares Outstanding

    
  81.6 M  
Most of Cardiol Therapeutics' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cardiol Therapeutics Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cardiol Shares Outstanding Historical Pattern

Today, most investors in Cardiol Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cardiol Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cardiol Therapeutics shares outstanding as a starting point in their analysis.
   Cardiol Therapeutics Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Cardiol Common Stock Shares Outstanding

Common Stock Shares Outstanding

41.48 Million

At this time, Cardiol Therapeutics' Common Stock Shares Outstanding is quite stable compared to the past year.
Based on the latest financial disclosure, Cardiol Therapeutics Class has 81.6 M of shares currently outstending. This is 54.8% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The shares outstanding for all United States stocks is 85.73% higher than that of the company.

Cardiol Therapeutics Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cardiol Therapeutics's current stock value. Our valuation model uses many indicators to compare Cardiol Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cardiol Therapeutics competition to find correlations between indicators driving Cardiol Therapeutics's intrinsic value. More Info.
Cardiol Therapeutics Class is number one stock in return on equity category among its peers. It is rated third in return on asset category among its peers . At this time, Cardiol Therapeutics' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cardiol Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cardiol Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cardiol Therapeutics' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cardiol Therapeutics could also be used in its relative valuation, which is a method of valuing Cardiol Therapeutics by comparing valuation metrics of similar companies.
Cardiol Therapeutics is currently under evaluation in shares outstanding category among its peers.

Cardiol Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cardiol Therapeutics from analyzing Cardiol Therapeutics' financial statements. These drivers represent accounts that assess Cardiol Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cardiol Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap118.3M83.0M100.7M43.1M49.6M93.1M
Enterprise Value111.5M69.1M16.9M(16.3M)(18.7M)(17.8M)

Cardiol Fundamentals

About Cardiol Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cardiol Therapeutics Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cardiol Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cardiol Therapeutics Class based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-7.6 M-7.2 M
Cost Of Revenue248.4 K233.3 K
Stock Based Compensation To Revenue 97.11  86.32 
Sales General And Administrative To Revenue 318.51  283.12 
Research And Ddevelopement To Revenue 124.22  110.42 
Capex To Revenue 0.15  0.13 
Ebit Per Revenue(519.63)(545.61)

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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 Cardiol Therapeutics Piotroski F Score and Cardiol Therapeutics Altman Z Score analysis.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.