Cardio Financial Statements From 2010 to 2024

CDIO Stock  USD 0.30  0.01  3.23%   
Cardio Diagnostics financial statements provide useful quarterly and yearly information to potential Cardio Diagnostics Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cardio Diagnostics financial statements helps investors assess Cardio Diagnostics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cardio Diagnostics' valuation are summarized below:
Gross Profit
901
Market Capitalization
12.3 M
Enterprise Value Revenue
308.9984
Revenue
39.1 K
Earnings Share
(0.30)
We have found ninety-five 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 2024 to make sure the company can sustain itself down the road. As of the 1st of December 2024, Market Cap is likely to grow to about 38.4 M. Also, Enterprise Value is likely to grow to about 37.3 M

Cardio Diagnostics Total Revenue

17,918.25

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 117.2 K or Selling General Administrative of 7.3 M, as well as many indicators such as Price To Sales Ratio of 1.8 K, Dividend Yield of 0.0 or PTB Ratio of 10.14. Cardio financial statements analysis is a perfect complement when working with Cardio Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Cardio Diagnostics Correlation against competitors.

Cardio Diagnostics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.4 M4.5 M1.3 M
Slightly volatile
Total Current Liabilities580.3 K841.1 K436.7 K
Slightly volatile
Total Stockholder Equity2.3 MM753.2 K
Slightly volatile
Accounts Payable389.2 K243.2 K146.7 K
Slightly volatile
Cash1.7 M1.3 M680.9 K
Slightly volatile
Non Current Assets Total1.8 M1.7 M423 K
Slightly volatile
Cash And Short Term Investments1.7 M1.3 M680.9 K
Slightly volatile
Common Stock Shares Outstanding7.3 M12.7 M8.6 M
Slightly volatile
Liabilities And Stockholders Equity3.4 M4.5 M1.3 M
Slightly volatile
Other Current Assets974.7 K1.5 M307.1 K
Slightly volatile
Other Stockholder Equity18.2 M17.3 M3.8 M
Slightly volatile
Total Liabilities1.1 M1.5 M586.5 K
Slightly volatile
Net Invested Capital2.3 MM753.2 K
Slightly volatile
Total Current Assets2.7 M2.8 M988.5 K
Slightly volatile
Capital Stock195205885
Slightly volatile
Intangible Assets383.4 K536.7 K252.2 K
Slightly volatile
Common Stock195205885
Slightly volatile
Inventory200 K225 K245 K
Slightly volatile
Non Current Liabilities Other98.4111121
Slightly volatile
Short and Long Term Debt Total1.2 M1.3 M897.3 K
Slightly volatile
Non Currrent Assets Other9.8 K12.8 K5.8 K
Slightly volatile
Short Term Debt578.8 K597.9 K814.3 K
Slightly volatile

Cardio Diagnostics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization117.2 K111.6 K25.2 K
Slightly volatile
Selling General Administrative7.3 M6.9 M1.7 M
Slightly volatile
Selling And Marketing Expenses99 K158.5 K34.3 K
Slightly volatile
Other Operating Expenses7.6 M7.3 M1.8 M
Slightly volatile
Research Development152.4 K145.2 K25.7 K
Slightly volatile
Total Operating Expenses7.6 M7.3 M1.8 M
Slightly volatile
Reconciled Depreciation56.5 K53.8 K17.3 K
Slightly volatile
Income Tax Expense135.9 K129.4 K25.2 K
Slightly volatile
Cost Of Revenue70.2 K111.6 K26 K
Slightly volatile

Cardio Diagnostics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.3 M1.3 M611.2 K
Pretty Stable
Begin Period Cash Flow4.3 M4.1 M613.6 K
Slightly volatile
Depreciation117.2 K111.6 K25.2 K
Slightly volatile
Capital Expenditures811.6 K772.9 K140.2 K
Slightly volatile
Total Cash From Financing Activities3.9 M3.6 M1.4 M
Slightly volatile
End Period Cash Flow1.7 M1.3 M680.9 K
Slightly volatile
Change To Netincome48.5 K51 K446.3 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.8 K1.9 K10.6 K
Slightly volatile
PTB Ratio10.1410.67771.1 K
Slightly volatile
Days Sales Outstanding84.8795.48104
Slightly volatile
Book Value Per Share0.220.23320.189
Slightly volatile
Average Payables494.9 K671 K568.5 K
Very volatile
Stock Based Compensation To Revenue56.6267.4766.5445
Very volatile
Capex To Depreciation4.326.92473.5983
Slightly volatile
PB Ratio10.1410.67771.1 K
Slightly volatile
EV To Sales1.8 K1.8 K9.9 K
Slightly volatile
Payables Turnover0.01170.01310.0143
Slightly volatile
Sales General And Administrative To Revenue386406779
Pretty Stable
Research And Ddevelopement To Revenue8.088.507631.8848
Slightly volatile
Capex To Revenue43.0345.2938112
Slightly volatile
Cash Per Share0.09610.10120.1497
Slightly volatile
Days Payables Outstanding20.1 K22.6 K24.6 K
Slightly volatile
Intangibles To Total Assets0.110.12030.3666
Slightly volatile
Net Debt To EBITDA0.0140.01470.3959
Pretty Stable
Current Ratio3.123.2882.9374
Slightly volatile
Receivables Turnover2.753.13.3718
Slightly volatile
Graham Number2.431.86141.0359
Slightly volatile
Shareholders Equity Per Share0.220.23320.189
Slightly volatile
Debt To Equity0.180.12640.1915
Slightly volatile
Capex Per Share0.03740.06090.017
Slightly volatile
Average Receivables360405441
Slightly volatile
Revenue Per Share0.00140.00138.0E-4
Slightly volatile
Interest Debt Per Share0.340.56040.2983
Slightly volatile
Debt To Assets0.120.08380.1313
Slightly volatile
Price Book Value Ratio10.1410.67771.1 K
Slightly volatile
Days Of Payables Outstanding20.1 K22.6 K24.6 K
Slightly volatile
Ebt Per Ebit0.851.15660.9989
Very volatile
Company Equity Multiplier1.431.50855.7842
Slightly volatile
Total Debt To Capitalization0.150.11220.1603
Slightly volatile
Debt Equity Ratio0.180.12640.1915
Slightly volatile
Quick Ratio3.123.2882.4455
Slightly volatile
Cash Ratio1.451.52591.981
Slightly volatile
Days Of Sales Outstanding84.8795.48104
Slightly volatile
Price To Book Ratio10.1410.67771.1 K
Slightly volatile
Fixed Asset Turnover0.01190.01340.0146
Slightly volatile
Debt Ratio0.120.08380.1313
Slightly volatile
Price Sales Ratio1.8 K1.9 K10.6 K
Slightly volatile
Asset Turnover0.0040.00380.0012
Slightly volatile
Price Fair Value10.1410.67771.1 K
Slightly volatile

Cardio Diagnostics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap38.4 M31.6 M74.2 M
Slightly volatile
Enterprise Value37.3 M31.6 M73.7 M
Slightly volatile

Cardio Fundamental Market Drivers

Cash And Short Term Investments1.3 M

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-223.9 K-235.1 K
Total Revenue17.1 K17.9 K
Cost Of Revenue111.6 K70.2 K
Stock Based Compensation To Revenue 67.47  56.62 
Sales General And Administrative To Revenue 406.48  386.16 
Research And Ddevelopement To Revenue 8.51  8.08 
Capex To Revenue 45.29  43.03 
Ebit Per Revenue(424.40)(445.62)

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 against Cardio Stock

  0.54HCM HUTCHMED DRCPairCorr
  0.46ZTS Zoetis IncPairCorr
  0.38GANX Gain TherapeuticsPairCorr
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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
(0.30)
Revenue Per Share
0.002
Quarterly Revenue Growth
3.562
Return On Assets
(0.98)
Return On Equity
(2.93)
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.