Cardiol Therapeutics Inc Class A (CRDL) — Net Asset Quality Index

Latest as of December 2025: 75.7%

Cardiol Therapeutics Inc Class A (CRDL) has a Net Asset Quality Index of 75.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$23.62 Million minus total liabilities of CA$5.74 Million yields net assets of CA$17.88 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check CRDL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

75.7%
Equity / Total Assets

Net Assets

CA$17.88 Million
CAD

Total Assets

CA$23.62 Million
CAD

Total Liabilities

CA$5.74 Million
CAD

Cardiol Therapeutics Inc Class A Net Asset Quality Index Over Time (2017–2025)

This chart shows how Cardiol Therapeutics Inc Class A's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the index stands at 75.7%, representing net assets of CA$17.88 Million against total assets of CA$23.62 Million CAD. See Cardiol Therapeutics Inc Class A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Cardiol Therapeutics Inc Class A (2017–2025)

The table below presents the year-by-year Net Asset Quality Index for Cardiol Therapeutics Inc Class A from 2017 to 2025, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Cardiol Therapeutics Inc Class A worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 75.7% CA$17.88 Million CA$23.62 Million CA$5.74 Million ▼ -1.9 pp
2024 77.6% CA$24.73 Million CA$31.86 Million CA$7.14 Million ▲ +0.6 pp
2023 77.0% CA$28.25 Million CA$36.70 Million CA$8.45 Million ▼ -7.2 pp
2022 84.2% CA$52.20 Million CA$62.03 Million CA$9.83 Million ▼ -2.6 pp
2021 86.8% CA$76.24 Million CA$87.88 Million CA$11.64 Million ▲ +3.3 pp
2020 83.5% CA$13.27 Million CA$15.89 Million CA$2.62 Million ▼ -11.1 pp
2019 94.6% CA$14.67 Million CA$15.50 Million CA$830.83K ▲ +4.4 pp
2018 90.2% CA$22.27 Million CA$24.68 Million CA$2.41 Million ▲ +1.6 pp
2017 88.6% CA$2.85 Million CA$3.22 Million CA$366.76K
pp = percentage points