Cardiol Therapeutics Debt-to-Assets Ratio Growth & History (CRDL)

Cardiol Therapeutics's debt-to-assets ratio was 0.01 for fiscal 2025.

View full Cardiol Therapeutics company overview

Cardiol Therapeutics annual debt-to-assets ratio history

Cardiol Therapeutics annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20252025-12-310.010.00+6.81%
20242024-12-310.000.00+4.74%
20232023-12-310.000.00+304.35%
20222022-12-310.00−0.00−12.20%
20212021-12-310.00−0.01−86.42%
20202020-12-310.01

Cardiol Therapeutics debt-to-assets ratio trends

Over the last five fiscal years, Cardiol Therapeutics's debt-to-assets ratio decreased from 0.01 to 0.01, a change of −0.00. The latest reported quarter, Q2 2026, shows 0.00.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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