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Cardiol Therapeutics (TSX:CRDL) EBIT per Share : C$-0.47 (TTM As of Mar. 2024)


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What is Cardiol Therapeutics EBIT per Share?

Cardiol Therapeutics's EBIT per Share for the three months ended in Mar. 2024 was C$-0.13. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.47.

During the past 3 years, the average EBIT per Share Growth Rate was 12.60% per year. During the past 5 years, the average EBIT per Share Growth Rate was -1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Cardiol Therapeutics's EBIT per Share or its related term are showing as below:

TSX:CRDL' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -114.7   Med: -14.5   Max: 12.6
Current: 12.6

During the past 7 years, the highest 3-Year average EBIT per Share Growth Rate of Cardiol Therapeutics was 12.60% per year. The lowest was -114.70% per year. And the median was -14.50% per year.

TSX:CRDL's 3-Year EBIT Growth Rate is ranked better than
57.19% of 862 companies
in the Drug Manufacturers industry
Industry Median: 7.35 vs TSX:CRDL: 12.60

Cardiol Therapeutics's EBIT for the three months ended in Mar. 2024 was C$-8.41 Mil.


Cardiol Therapeutics EBIT per Share Historical Data

The historical data trend for Cardiol Therapeutics's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cardiol Therapeutics EBIT per Share Chart

Cardiol Therapeutics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT per Share
Get a 7-Day Free Trial -0.53 -0.69 -0.90 -0.66 -0.46

Cardiol Therapeutics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.10 -0.12 -0.12 -0.13

Cardiol Therapeutics EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Cardiol Therapeutics's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBIT per Share(A: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=-29.786/64.463
=-0.46

Cardiol Therapeutics's EBIT per Share for the quarter that ended in Mar. 2024 is calculated as

EBIT per Share(Q: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=-8.405/67.259
=-0.12

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cardiol Therapeutics  (TSX:CRDL) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Cardiol Therapeutics EBIT per Share Related Terms

Thank you for viewing the detailed overview of Cardiol Therapeutics's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cardiol Therapeutics (TSX:CRDL) Business Description

Traded in Other Exchanges
Address
2265 Upper Middle Road East, Suite 602, Oakville, ON, CAN, L6H 0G5
Cardiol Therapeutics Inc is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart diseases. The company's lead product candidate, CardiolRx, is a pharmaceutically manufactured oral cannabidiol formulation that is being clinically developed for use in heart diseases. Cardiol has received Investigational New Drug Application authorization from the United States Food and Drug Administration to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart which are a Phase II multi-national trial, the ARCHER trial, in acute myocarditis; and a Phase II multi-center open-label pilot study in recurrent pericarditis.
Executives
Guillermo Torre Senior Officer

Cardiol Therapeutics (TSX:CRDL) Headlines

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