Cardiol Therapeutics (CRDL) Beginning Cash Balance (2021 - 2026)
Cardiol Therapeutics (CRDL) posted Beginning Cash Balance of $15.6 million for Q1 2026, down 26.72% on a QoQ basis from $21.3 million in Q1 2025, and down 26.72% year-over-year from $21.3 million in Q1 2025.
Cardiol Therapeutics (CRDL) Beginning Cash Balance (2021 - 2026) Analysis & Trends
Cardiol Therapeutics' Beginning Cash Balance history runs 6 years deep, the most recent figure standing at $15.6 million for Q1 2026.
- Quarterly Beginning Cash Balance fell 26.72% year-over-year to $15.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.9 million (down 21.82% YoY) and the FY2021 annual result came in at $11.2 million, up 115.52% from the prior year.
- Beginning Cash Balance was $15.6 million for Q1 2026 at Cardiol Therapeutics, down from $21.3 million in the prior quarter.
- Across five years, Beginning Cash Balance topped out at $66.2 million in Q1 2022 and bottomed at $15.6 million in Q1 2026.
- A 5-year average of $34.6 million and a median of $25.9 million in 2024 frame the typical range for Beginning Cash Balance.
- Annual changes were most pronounced in 2022 — Beginning Cash Balance jumped 497.73% — and 2024, when it plunged 41.07%.
- Cardiol Therapeutics' Beginning Cash Balance stood at $66.2 million in 2022, then sank by 33.59% to $44.0 million in 2023, then plunged by 41.07% to $25.9 million in 2024, then retreated by 17.79% to $21.3 million in 2025, then retreated by 26.72% to $15.6 million in 2026.
- Business Quant data shows CRDL's Beginning Cash Balance at $15.6 million in Q1 2026, $21.3 million in Q1 2025, and $25.9 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn |
| 10 | Cardiol Therapeutics | 134.05 Mn | 134.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.62 Mn |
| Mar 31, 2026 | 15.62 Mn |
| Mar 31, 2025 | 21.31 Mn |
| Mar 31, 2025 | 21.31 Mn |
| Mar 31, 2024 | 25.92 Mn |
| Mar 31, 2024 | 25.92 Mn |
| Mar 31, 2023 | 43.99 Mn |
| Mar 31, 2023 | 43.99 Mn |
| Mar 31, 2022 | 66.24 Mn |
| Mar 31, 2022 | 66.24 Mn |
| Mar 31, 2021 | 11.08 Mn |
| Mar 31, 2021 | 11.08 Mn |