Cardiol Therapeutics (CRDL) Equity Ratio (2020 - 2026)
Cardiol Therapeutics (CRDL) reported Equity Ratio of 0.77 for Q1 2026, up 11.54% on a YoY basis from 0.69 in Q1 2025, and up 1.82% quarter-over-quarter from 0.76 in Q4 2025.
Cardiol Therapeutics (CRDL) Equity Ratio (2020 - 2026) Analysis & Trends
Cardiol Therapeutics has reported Equity Ratio for 7 years, with the latest figure at 0.77 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 11.54% year-over-year to 0.77; the trailing twelve-month figure through Mar 2026 stood at 0.77 (up 11.54% YoY), and the FY2025 full-year result was 0.76, down 2.47% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.77, up from 0.76 in the prior quarter.
- The five-year high for Equity Ratio was 0.87 in Q1 2022, with the low at 0.58 in Q2 2024.
- Historically, Equity Ratio has averaged 0.75 across 5 years, with a median of 0.77 in 2026.
- Annual changes were most pronounced in 2024 — Equity Ratio slipped 28.94% — and 2025, when it climbed 24.02%.
- Cardiol Therapeutics' Equity Ratio stood at 0.84 in 2022, then decreased by 8.55% to 0.77 in 2023, then grew by 0.83% to 0.78 in 2024, then dropped by 2.47% to 0.76 in 2025, then climbed by 1.82% to 0.77 in 2026.
- The last three Equity Ratio figures came in at 0.77 (Q1 2026), 0.76 (Q4 2025), and 0.74 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 0.21 |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 0.21 |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 0.88 |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 0.73 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 0.69 |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 0.49 |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 0.41 |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 0.52 |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 0.20 |
| 10 | Cardiol Therapeutics | 169.92 Mn | 149.74 Mn | - | 0.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.74 |
| Jun 30, 2025 | 0.59 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.58 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 0.77 |
| Sep 30, 2023 | 0.81 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.86 |
| Dec 31, 2022 | 0.84 |
| Sep 30, 2022 | 0.86 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.87 |
| Dec 31, 2021 | 0.87 |
| Sep 30, 2021 | 0.92 |
| Jun 30, 2021 | 0.92 |