Cardiol Therapeutics Inc Class A (CRDL) — Financial Flexibility Index

Latest as of December 2025: -0.91x

Cardiol Therapeutics Inc Class A (CRDL) has a Financial Flexibility Index of -0.91x as of December 2025. Free cash flow of CA$-5.22 Million (operating CF CA$-5.23 Million minus capex CA$3.09K) represents -1% of total liabilities (CA$5.74 Million). Check how tangible is Cardiol Therapeutics Inc Class A's equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.91x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-5.22 Million
Operating CF − Capex

Total Liabilities

CA$5.74 Million
CAD

Capital Expenditures

CA$3.09K
CAD

Cardiol Therapeutics Inc Class A Financial Flexibility Index (2017–2025)

Historical Financial Flexibility Index trend for Cardiol Therapeutics Inc Class A across 9 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Cardiol Therapeutics Inc Class A.

Annual Financial Flexibility Index for Cardiol Therapeutics Inc Class A (2017–2025)

Year-by-year free cash flow to debt coverage for Cardiol Therapeutics Inc Class A. Explore Cardiol Therapeutics Inc Class A cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 -4.15x CA$-23.83 Million CA$-23.85 Million CA$5.74 Million ▼ -18.3%
2024 -3.51x CA$-25.04 Million CA$-25.06 Million CA$7.14 Million ▼ -17.8%
2023 -2.98x CA$-25.18 Million CA$-25.18 Million CA$8.45 Million ▼ -7.8%
2022 -2.76x CA$-27.15 Million CA$-27.22 Million CA$9.83 Million ▼ -36.6%
2021 -2.02x CA$-23.54 Million CA$-23.55 Million CA$11.64 Million ▲ +42.0%
2020 -3.49x CA$-9.14 Million CA$-9.19 Million CA$2.62 Million ▲ +73.6%
2019 -13.19x CA$-10.96 Million CA$-11.38 Million CA$830.83K ▼ -192.2%
2018 -4.51x CA$-10.88 Million CA$-10.89 Million CA$2.41 Million ▼ -31.1%
2017 -3.44x CA$-1.26 Million CA$-1.29 Million CA$366.76K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities