Cardiol Therapeutics (CRDL) Beginning Cash Balance (2021 - 2026)
Cardiol Therapeutics' Beginning Cash Balance came in at $15.62 million for Q1 2026, down 26.7% from $21.31 million a year earlier.
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Analysis
Cardiol Therapeutics (CRDL) Beginning Cash Balance (2021 - 2026) Analysis & Trends
For FY2025, Cardiol Therapeutics' Beginning Cash Balance was $21.89 million, down 14.2% from FY2024.
- Beginning Cash Balance has declined in each of the last three years, though with a five-year compound annual growth rate of 33.3% (FY2020 to FY2025).
- Going back by year, Beginning Cash Balance was $25.51 million in FY2024 (-41.6%), $43.68 million in FY2023 (-29.3%), $61.81 million in FY2022 (+452.3%) and $11.19 million in FY2021 (+115.5%).
- The Q1 2026 figure represents the lowest quarterly Beginning Cash Balance since Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Cardiol Therapeutics | 166.43 Mn | 166.43 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 15.62 Mn |
| Mar 31, 2025 | 21.31 Mn |
| Mar 31, 2024 | 25.92 Mn |
| Mar 31, 2023 | 43.99 Mn |
| Mar 31, 2022 | 66.24 Mn |
| Mar 31, 2021 | 11.08 Mn |
API Access
Cardiol Therapeutics Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=CRDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "CRDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=CRDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();