Cardiol Therapeutics Inc
TSX:CRDL

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Cardiol Therapeutics Inc
TSX:CRDL
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Price: 1.86 CAD -2.11% Market Closed
Market Cap: 151.8m CAD
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Net Margin
Cardiol Therapeutics Inc

0%
Current
-9 459%
Average
4.5%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
0%
=
Net Income
-36.1m
/
Revenue
0

Net Margin Across Competitors

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Cardiol Therapeutics Inc
Glance View

Market Cap
151.8m CAD
Industry
Pharmaceuticals

Cardiol Therapeutics, Inc. is a clinical-stage life sciences company focused on developing anti-inflammatory therapies for cardiovascular disease (CVD). The company is headquartered in Oakville, Ontario and currently employs 11 full-time employees. The company went IPO on 2018-12-20. The firm's lead product, CardiolRx, is a pharmaceutically produced oral cannabidiol formulation that is in a Phase II/III study in hospitalized patients testing positive for COVID-19 with a prior history of, or risk factors for, cardiovascular disease. Cardiol has also received clearance from the Food and Drug Administration (FDA) for its investigational new drug (IND) application for a Phase II international trial that investigates the anti-inflammatory and anti- fibrotic properties of CardiolRx in patients with acute myocarditis, which is a common cause of sudden cardiac death in people under 35 years of age. In addition, Cardiol is developing a subcutaneous formulation of CardiolRx and other anti-inflammatory therapies for the treatment of chronic heart failure.

CRDL Intrinsic Value
0.86 CAD
Overvaluation 54%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
0%
=
Net Income
-36.1m
/
Revenue
0
What is the Net Margin of Cardiol Therapeutics Inc?

Based on Cardiol Therapeutics Inc's most recent financial statements, the company has Net Margin of 0%.

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