Cardio Financial Statements From 2010 to 2025

CDIO Stock  USD 4.30  0.32  6.93%   
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
19.9 K
Market Capitalization
7.5 M
Enterprise Value Revenue
158.5107
Revenue
19.9 K
Earnings Share
(4.34)
We have found one hundred nineteen 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 2025 to make sure the company can sustain itself down the road. As of the 19th of July 2025, Market Cap is likely to grow to about 1.1 B. Also, Enterprise Value is likely to grow to about 1.1 B

Cardio Diagnostics Total Revenue

36,634.5

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 290.2 K or Selling General Administrative of 4.5 M, as well as many indicators such as Price To Sales Ratio of 20.1 K, Dividend Yield of 0.0 or PTB Ratio of 73.53. Cardio financial statements analysis is a perfect complement when working with Cardio Diagnostics Valuation or Volatility modules.
  
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Check out the analysis of Cardio Diagnostics Correlation against competitors.

Cardio Diagnostics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.1 M10.6 M2.4 M
Slightly volatile
Total Current Liabilities603.2 K631.7 K450.3 K
Slightly volatile
Total Stockholder Equity10 M9.6 M1.8 M
Slightly volatile
Accounts Payable83.3 K87.7 K123.9 K
Slightly volatile
Cash8.2 M7.8 M1.5 M
Slightly volatile
Non Current Assets Total964.4 K1.8 M459.5 K
Slightly volatile
Cash And Short Term Investments8.2 M7.8 M1.5 M
Slightly volatile
Common Stock Shares Outstanding28.2 M26.9 M10.2 M
Pretty Stable
Liabilities And Stockholders Equity11.1 M10.6 M2.4 M
Slightly volatile
Other Current Assets987.6 K944.7 K347.8 K
Slightly volatile
Other Stockholder Equity33.9 M32.3 M6.5 M
Slightly volatile
Total Liabilities1.1 M1.1 M617.1 K
Slightly volatile
Net Invested Capital10 M9.6 M1.8 M
Slightly volatile
Total Current Assets9.2 M8.8 M1.9 M
Slightly volatile
Capital Stock487459877
Slightly volatile
Intangible Assets462.2 K706.4 K285.5 K
Slightly volatile
Common Stock487459877
Slightly volatile
Inventory200 K225 K245.3 K
Slightly volatile
Non Current Liabilities Other98.4111121
Slightly volatile
Short and Long Term Debt Total739.5 K663.1 K856.3 K
Very volatile
Non Currrent Assets Other11.2 K14.8 K6.5 K
Slightly volatile
Short Term Debt449.1 K237.3 K770.1 K
Slightly volatile
Good Will560.9 K631 K687.9 K
Slightly volatile

Cardio Diagnostics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization290.2 K276.3 K51.7 K
Slightly volatile
Selling General Administrative4.5 M8.2 M1.9 M
Slightly volatile
Selling And Marketing Expenses119.3 K182.4 K44.8 K
Slightly volatile
Other Operating Expenses4.7 M8.4 MM
Slightly volatile
Research Development54.5 K29.1 K19.8 K
Slightly volatile
Total Operating Expenses4.7 M8.4 MM
Slightly volatile
Reconciled Depreciation290.2 K276.3 K48.1 K
Slightly volatile
Income Tax Expense135.9 K129.4 K30.6 K
Slightly volatile
Cost Of Revenue148.1 K276.3 K46.5 K
Slightly volatile

Cardio Diagnostics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.7 M2.6 M821.1 K
Slightly volatile
Begin Period Cash Flow1.4 M1.3 M469.8 K
Slightly volatile
Depreciation290.2 K276.3 K51.7 K
Slightly volatile
Capital Expenditures265.7 K214.8 K110.8 K
Slightly volatile
Total Cash From Financing Activities12.5 M11.9 M2.6 M
Slightly volatile
End Period Cash Flow8.2 M7.8 M1.5 M
Slightly volatile
Change To Netincome48.5 K51 K422 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio20.1 K21.2 K297.8 K
Slightly volatile
PTB Ratio73.5377.404832 K
Slightly volatile
Days Sales Outstanding120195113
Slightly volatile
Book Value Per Share0.460.35540.2144
Slightly volatile
Average Payables494.9 K603.9 K570.7 K
Pretty Stable
Stock Based Compensation To Revenue57.5574.266867.5536
Pretty Stable
Capex To Depreciation0.740.77723.1983
Pretty Stable
PB Ratio73.5377.404832 K
Slightly volatile
EV To Sales19.9 K21 K297.1 K
Slightly volatile
Payables Turnover0.01170.01310.0143
Slightly volatile
Sales General And Administrative To Revenue222234735
Pretty Stable
Research And Ddevelopement To Revenue0.790.834829.4886
Slightly volatile
Capex To Revenue5.856.1555104
Slightly volatile
Cash Per Share0.350.29110.1744
Slightly volatile
Days Payables Outstanding20.1 K22.6 K24.6 K
Slightly volatile
Intangibles To Total Assets0.06320.06650.3449
Slightly volatile
Net Debt To EBITDA0.460.88580.4544
Slightly volatile
Current Ratio7.7613.91623.9136
Slightly volatile
Receivables Turnover2.931.87463.3107
Slightly volatile
Shareholders Equity Per Share0.460.35540.2144
Slightly volatile
Debt To Equity0.06590.06940.1955
Very volatile
Capex Per Share0.00760.0080.0146
Slightly volatile
Average Receivables360405442
Slightly volatile
Revenue Per Share7.0E-40.00138.0E-4
Pretty Stable
Interest Debt Per Share0.02410.02540.2659
Pretty Stable
Debt To Assets0.05930.06250.1357
Very volatile
Operating Cycle120195113
Slightly volatile
Price Book Value Ratio73.5377.404832 K
Slightly volatile
Days Of Payables Outstanding20.1 K22.6 K24.6 K
Slightly volatile
Ebt Per Ebit0.831.00210.9979
Very volatile
Company Equity Multiplier1.061.11065.469
Slightly volatile
Total Debt To Capitalization0.06160.06490.1605
Pretty Stable
Debt Equity Ratio0.06590.06940.1955
Very volatile
Quick Ratio14.6113.91623.8806
Slightly volatile
Cash Ratio13.0112.39123.3541
Slightly volatile
Days Of Sales Outstanding120195113
Slightly volatile
Price To Book Ratio73.5377.404832 K
Slightly volatile
Fixed Asset Turnover0.01860.03160.0162
Slightly volatile
Debt Ratio0.05930.06250.1357
Very volatile
Price Sales Ratio20.1 K21.2 K297.8 K
Slightly volatile
Asset Turnover0.00350.00330.0013
Slightly volatile
Price Fair Value73.5377.404832 K
Slightly volatile

Cardio Diagnostics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B739.8 M2.1 B
Slightly volatile
Enterprise Value1.1 B732.7 M2.1 B
Slightly volatile

Cardio Fundamental Market Drivers

Cash And Short Term Investments7.8 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-257.5 K-270.4 K
Total Revenue34.9 K36.6 K
Cost Of Revenue276.3 K148.1 K
Stock Based Compensation To Revenue 74.27  57.55 
Sales General And Administrative To Revenue 234.15  222.44 
Research And Ddevelopement To Revenue 0.83  0.79 
Capex To Revenue 6.16  5.85 
Ebit Per Revenue(239.78)(251.77)

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

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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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
(4.34)
Revenue Per Share
0.017
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.44)
Return On Equity
(0.81)
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.