Cardio Financial Statements From 2010 to 2026

CDIO Stock  USD 1.75  0.06  3.31%   
Cardio Diagnostics' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Cardio Diagnostics' valuation are provided below:
Gross Profit
15.8 K
Market Capitalization
3.3 M
Enterprise Value Revenue
3.7541
Revenue
15.8 K
Earnings Share
(11.91)
We have found one hundred twenty available fundamental signals for Cardio Diagnostics Holdings, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Cardio Diagnostics' prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road.

Cardio Diagnostics Total Revenue

42,129.68

Check Cardio Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardio Diagnostics' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 333.7 K or Selling General Administrative of 9.9 M, as well as many indicators such as Price To Sales Ratio of 23.2 K, Dividend Yield of 0.0 or PTB Ratio of 84.57. Cardio financial statements analysis is a perfect complement when working with Cardio Diagnostics Valuation or Volatility modules.
  
Build AI portfolio with Cardio Stock
Check out the analysis of Cardio Diagnostics Correlation against competitors.

Cardio Diagnostics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets12.8 M12.2 M3.1 M
Slightly volatile
Total Current Liabilities844.9 K726.4 K545.4 K
Slightly volatile
Total Stockholder Equity11.5 M11 M2.4 M
Slightly volatile
Accounts Payable95.8 K100.8 K123.2 K
Slightly volatile
Cash9.5 MMM
Slightly volatile
Non Current Assets Total2.2 M2.1 M628.8 K
Slightly volatile
Cash And Short Term Investments9.5 MMM
Slightly volatile
Common Stock Shares Outstanding32.5 M30.9 M11.7 M
Slightly volatile
Liabilities And Stockholders Equity12.8 M12.2 M3.1 M
Slightly volatile
Other Current Assets987.6 K1.1 M391.2 K
Slightly volatile
Other Stockholder Equity39 M37.2 M8.6 M
Slightly volatile
Total Liabilities1.1 M1.2 M652.4 K
Slightly volatile
Net Invested Capital11.5 M11 M2.4 M
Slightly volatile
Total Current Assets10.6 M10.1 M2.5 M
Slightly volatile
Capital Stock487413849
Slightly volatile
Intangible Assets462.2 K812.4 K316.5 K
Slightly volatile
Common Stock309413774
Slightly volatile
Inventory200 K225 K245.6 K
Slightly volatile
Non Current Liabilities Other98.4111121
Slightly volatile
Short and Long Term Debt Total1.1 M1.1 M912.5 K
Slightly volatile
Non Currrent Assets Other11.2 K14.8 K6.8 K
Slightly volatile
Short Term Debt530.9 K489.6 K776.5 K
Slightly volatile
Good Will560.9 K631 K688.7 K
Slightly volatile

Cardio Diagnostics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization333.7 K317.8 K69.9 K
Slightly volatile
Selling General Administrative9.9 M9.4 M2.7 M
Slightly volatile
Selling And Marketing Expenses119.3 K209.8 K54.5 K
Slightly volatile
Other Operating Expenses10.1 M9.7 M2.8 M
Slightly volatile
Research Development54.5 K33.5 K20.6 K
Slightly volatile
Total Operating Expenses10.1 M9.7 M2.8 M
Slightly volatile
Reconciled Depreciation333.7 K317.8 K66.5 K
Slightly volatile
Gross Profit42.1 K40.1 K8.6 K
Slightly volatile
Income Tax Expense135.9 K129.4 K35.5 K
Slightly volatile
Cost Of Revenue333.7 K317.8 K73.4 K
Slightly volatile

Cardio Diagnostics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation3.1 MM972.1 K
Slightly volatile
Begin Period Cash Flow1.4 M1.5 M529 K
Slightly volatile
Depreciation333.7 K317.8 K69.9 K
Slightly volatile
Capital Expenditures295.3 K464.8 K141.3 K
Slightly volatile
Total Cash From Financing Activities14.4 M13.7 M3.3 M
Slightly volatile
End Period Cash Flow9.5 MMM
Slightly volatile
Change To Netincome48.5 K51 K400.5 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio23.2 K24.4 K83.4 K
Slightly volatile
PTB Ratio84.5789.0230.1 K
Slightly volatile
Days Sales Outstanding120175116
Slightly volatile
Book Value Per Share0.30.320.7531
Slightly volatile
Average Payables494.9 K603.9 K576.6 K
Pretty Stable
Stock Based Compensation To Revenue57.5566.8467.5117
Pretty Stable
Capex To Depreciation1.61.682.9311
Very volatile
PB Ratio84.5789.0230.1 K
Slightly volatile
EV To Sales23 K24.2 K82.8 K
Slightly volatile
Sales General And Administrative To Revenue256269710
Pretty Stable
Research And Ddevelopement To Revenue0.910.9627.8175
Slightly volatile
Capex To Revenue12.6613.3294.283
Slightly volatile
Cash Per Share0.250.260.4153
Slightly volatile
Intangibles To Total Assets0.07270.07650.3297
Slightly volatile
Net Debt To EBITDA0.450.760.4695
Slightly volatile
Current Ratio7.1412.524.1533
Slightly volatile
Receivables Turnover2.932.163.2431
Slightly volatile
Shareholders Equity Per Share0.30.320.7531
Slightly volatile
Debt To Equity0.110.120.1955
Pretty Stable
Capex Per Share0.01290.01350.1361
Slightly volatile
Average Receivables360405443
Slightly volatile
Revenue Per Share0.00110.00120.0046
Pretty Stable
Interest Debt Per Share0.04020.04231.3296
Pretty Stable
Debt To Assets0.190.110.1435
Pretty Stable
Operating Cycle120175116
Slightly volatile
Price Book Value Ratio84.5789.0230.1 K
Slightly volatile
Ebt Per Ebit0.830.90.9921
Pretty Stable
Company Equity Multiplier1.211.285.2314
Slightly volatile
Total Debt To Capitalization0.210.110.1679
Very volatile
Debt Equity Ratio0.110.120.1955
Pretty Stable
Quick Ratio7.1412.524.1533
Slightly volatile
Cash Ratio11.7111.153.5753
Slightly volatile
Cash Conversion Cycle120175116
Slightly volatile
Days Of Sales Outstanding120175116
Slightly volatile
Price To Book Ratio84.5789.0230.1 K
Slightly volatile
Fixed Asset Turnover0.01860.02840.0169
Slightly volatile
Debt Ratio0.190.110.1435
Pretty Stable
Price Sales Ratio23.2 K24.4 K83.4 K
Slightly volatile
Asset Turnover0.00160.0030.0013
Slightly volatile
Price Fair Value84.5789.0230.1 K
Slightly volatile

Cardio Diagnostics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap68.8 M36.3 M77.7 M
Slightly volatile
Enterprise Value68.5 M36.3 M77.3 M
Slightly volatile

Cardio Fundamental Market Drivers

Cardio Upcoming Events

12th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cardio Diagnostics Financial Statements

Cardio Diagnostics investors utilize fundamental indicators, such as revenue or net income, to predict how Cardio Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-257.5 K-270.4 K
Total Revenue40.1 K42.1 K
Cost Of Revenue317.8 K333.7 K
Stock Based Compensation To Revenue 66.84  57.55 
Sales General And Administrative To Revenue 269.27  255.81 
Research And Ddevelopement To Revenue 0.96  0.91 
Capex To Revenue 13.32  12.66 
Ebit Per Revenue(215.80)(226.59)

Pair Trading with Cardio Diagnostics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cardio Diagnostics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cardio Diagnostics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cardio Stock

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Moving against Cardio Stock

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The ability to find closely correlated positions to Cardio Diagnostics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardio Diagnostics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cardio Diagnostics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cardio Diagnostics Holdings to buy it.
The correlation of Cardio Diagnostics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cardio Diagnostics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardio Diagnostics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cardio Diagnostics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cardio Diagnostics is a strong investment it is important to analyze Cardio Diagnostics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cardio Diagnostics' future performance. For an informed investment choice regarding Cardio Stock, refer to the following important reports:
Check out the analysis of Cardio Diagnostics Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardio Diagnostics. If investors know Cardio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardio Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.91)
Revenue Per Share
0.01
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.62)
Return On Equity
(1.11)
The market value of Cardio Diagnostics is measured differently than its book value, which is the value of Cardio that is recorded on the company's balance sheet. Investors also form their own opinion of Cardio Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Cardio Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardio Diagnostics' market value can be influenced by many factors that don't directly affect Cardio Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardio Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardio Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardio Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.