Cardiol Therapeutics Inc. (CRDL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 31.35M | 23.5M | 12.81M | 19.77M | 25.27M | 31.67M | 17.28M | 25.88M | 30.64M | 36.15M | 31.25M | 46.65M | 38.53M | 45.32M | 67.76M | 73.62M | 78.73M | 87.14M | 30.94M | 35.92M |
| Cash & Short-Term Investments | 27.74M | 21.42M | 11.62M | 18.2M | 23.29M | 30.58M | 15.89M | 24.02M | 28.57M | 34.93M | 29.84M | 44.94M | 36.58M | 43.87M | 65.53M | 70.45M | 74.84M | 83.9M | 28.65M | 32.72M |
| Cash Only | 27.74M | 21.42M | 11.62M | 18.2M | 23.29M | 30.58M | 15.89M | 24.02M | 28.57M | 34.93M | 29.8M | 44.94M | 36.53M | 43.83M | 65.53M | 70.45M | 74.84M | 83.9M | 28.65M | 32.72M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.55K | 0 | 45.75K | 45.65K | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 340.58K | 226.19K | 195.88K | 279.89K | 346.69K | 361.62K | 266.71K | 0 | 0 | 0 | 213.17K | 0 | 301.8K | 354.24K | 154.12K | 125.38K | 88.16K | 65.74K | 71.59K | 113.52K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 131.17 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 339.05K | 339.05K | 339.05K | 0 | 339.05K | 339.05K |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 792.44 | 738.89 | 712.08 | - | 711.92 | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 242.42K | 317.11K | 279.87K | 0 | 305.07K | 0 | 0 | 297.96K | 278.24K | 397.84K | 341.39K | 313.78K | 570.66K |
| Total Non-Current Assets | 139.33K | 118.09K | 140.98K | 163.51K | 182.54K | 195.59K | 237.93K | 431.14K | 489.25K | 547.42K | 444.21K | 521.87K | 426.24K | 435.64K | 600.74K | 645.93K | 697.58K | 735.74K | 791.33K | 834K |
| Property, Plant & Equipment | 139.33K | 118.09K | 140.98K | 163.51K | 182.54K | 195.59K | 237.93K | 263.01K | 300.01K | 337.06K | 273.83K | 269.29K | 223.88K | 218.16K | 284.83K | 308.91K | 339.45K | 356.49K | 390.97K | 412.54K |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168.14K | 189.25K | 210.36K | 170.38K | 252.58K | 202.37K | 217.47K | 315.91K | 337.02K | 358.13K | 379.25K | 400.36K | 421.47K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 31.49M | 23.62M | 12.95M | 19.94M | 25.45M | 31.86M | 17.52M | 26.31M | 31.13M | 36.7M | 31.69M | 47.17M | 38.96M | 45.76M | 68.36M | 74.26M | 79.43M | 87.88M | 31.73M | 36.75M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | 23.7% | -25.87% | -26.1% | -24.23% | -18.22% | -13.18% | -44.72% | -44.22% | -20.1% | -19.8% | -53.64% | -36.49% | -50.96% | -47.93% | 115.43% | 102.08% | 276.5% | 452.92% | 29.75% | 34.02% |
| Total Current Liabilities | 7.15M | 5.66M | 3.29M | 8.02M | 7.75M | 7.01M | 6.95M | 10.81M | 10.92M | 8.3M | 5.91M | 8.42M | 5.27M | 7.23M | 9.65M | 11.37M | 10.16M | 11.57M | 2.57M | 2.93M |
| Accounts Payable | 0 | 0 | 0 | 7.99M | 7.72M | 6.98M | 6.92M | 9.43M | 8.85M | 7.62M | 5.09M | 6.68M | 4.39M | 6.16M | 6.91M | 6.72M | 4.94M | 4.14M | 1.74M | 2.21M |
| Days Payables Outstanding | - | - | - | - | - | 18.97K | - | 18.39K | 12.17K | 11.61K | 11.33K | 11.42K | 11.04K | 14.04K | 15.93K | 12.71K | 9.54K | 6.15K | 4.14K | - |
| Short-Term Debt | 39.89K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.39K | 0 | 38.13K | 37.21K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 7.11M | 5.62M | 3.25M | 0 | 0 | 0 | 3.65K | 1.36M | 2.05M | 238.18K | 802.47K | 1.2M | 832.2K | 1.04M | 1.94M | 3.67M | 4.53M | 6.66M | 0 | 0 |
| Current Ratio | 4.39x | 4.16x | 3.89x | 2.46x | 3.26x | 4.52x | 2.49x | 2.39x | 2.81x | 4.36x | 5.29x | 5.54x | 7.32x | 6.27x | 7.02x | 6.48x | 7.75x | 7.53x | 12.03x | 12.27x |
| Quick Ratio | 4.39x | 4.16x | 3.89x | 2.46x | 3.26x | 4.52x | 2.49x | 2.39x | 2.81x | 4.36x | 5.29x | 5.54x | 7.32x | 6.27x | 6.99x | 6.45x | 7.72x | 7.53x | 11.90x | 12.15x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 76.81K | 87.18K | 97.27K | 107K | 116.41K | 125.52K | 134.2K | 142.55K | 150.66K | 158.53K | 111.99K | 0 | 6.72K | 16.54K | 35.45K | 48.19K | 60.66K | 72.87K | 74.56K | 85.25K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 76.81K | 87.18K | 97.27K | 107K | 116.41K | 125.52K | 134.2K | 142.55K | 150.66K | 158.53K | 111.99K | 0 | 6.72K | 16.54K | 35.45K | 48.19K | 60.66K | 72.87K | 74.56K | 85.25K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 7.22M | 5.74M | 3.39M | 8.13M | 7.87M | 7.14M | 7.09M | 10.95M | 11.07M | 8.45M | 6.02M | 8.42M | 5.27M | 7.25M | 9.68M | 11.41M | 10.22M | 11.64M | 2.65M | 3.01M |
| Total Debt | 116.71K | 125.52K | 134.2K | 142.55K | 150.66K | 158.53K | 165.98K | 164.27K | 167.14K | 174.34K | 133.38K | 48.19K | 44.85K | 53.76K | 84.77K | 96.4K | 107.24K | 117.58K | 127.63K | 137.46K |
| Net Debt | -27.63M | -21.29M | -11.49M | -18.05M | -23.14M | -30.42M | -15.72M | -23.86M | -28.41M | -34.76M | -29.66M | -44.89M | -36.49M | -43.77M | -65.45M | -70.36M | -74.74M | -83.78M | -28.52M | -32.58M |
| Debt / Equity | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 24.27M | 17.88M | 9.56M | 11.81M | 17.59M | 24.73M | 10.43M | 15.36M | 20.06M | 28.25M | 25.67M | 38.75M | 33.68M | 38.51M | 58.68M | 62.85M | 69.21M | 76.24M | 29.09M | 33.74M |
| Equity Growth % | 37.97% | -27.7% | -8.34% | -23.13% | -12.32% | -12.45% | -59.36% | -60.36% | -40.45% | -26.65% | -56.25% | -38.35% | -51.33% | -49.49% | 101.74% | 86.3% | 279.49% | 474.5% | 29.43% | 29.23% |
| Book Value per Share | 0.22 | 0.18 | 0.11 | 0.14 | 0.21 | 0.35 | 0.15 | 0.22 | 0.30 | 0.43 | 0.40 | 0.60 | 0.53 | 0.60 | 0.94 | 1.01 | 1.12 | 1.34 | 0.67 | 0.84 |
| Total Shareholders' Equity | 24.27M | 17.88M | 9.56M | 11.81M | 17.59M | 24.73M | 10.43M | 15.36M | 20.06M | 28.25M | 25.67M | 38.75M | 33.68M | 38.51M | 58.68M | 62.85M | 69.21M | 76.24M | 29.09M | 33.74M |
| Common Stock | 213.35M | 201.87M | 187.36M | 179.54M | 179.34M | 179.34M | 154.63M | 152.35M | 151.09M | 148.52M | 108.78M | 147.67M | 109.16M | 108.84M | 146.93M | 143.14M | 143.05M | 142.92M | 89.83M | 85.53M |
| Retained Earnings | -224.47M | -213.07M | -205.9M | -195.9M | -187.54M | -179.25M | -171.7M | -158.35M | -151.76M | -142.58M | -99.33M | -129.01M | -89.87M | -84.43M | -106.93M | -98.96M | -92.47M | -83.52M | -77.26M | -67.35M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.52M | 3.52M | 2.59M | 3.52M | 2.6M | 2.6M | 3.52M | 5.53M | 4.91M | 4.18M | 4.32M | 5.09M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |