CVKD Chart
About

Cadrenal Therapeutics, Inc. operates as a late-stage biopharmaceutical company focuses on developing therapeutics for rare cardiovascular conditions. The company is developing Tecarfarin, a novel oral and reversible anticoagulant to prevent heart attacks, strokes, and deaths due to blood clots in patients with rare cardiovascular conditions requiring chronic anticoagulation, such as patients with left ventricular assist devices, end-stage kidney disease, atrial fibrillation, and thrombotic anti-phospholipid syndrome. It has a collaboration agreement with Abbott Global Enterprises Limited to evaluate the efficacy and safety of Tecarfarin in patients with a left-ventricular assist device. The company was incorporated in 2022 and is headquartered in Ponte Vedra, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 18.21M
Enterprise Value 10.07M Income -14.39M Sales —
Book/sh 1.33 Cash/sh 1.86 Dividend Yield —
Payout 0.00% Employees 4 IPO —
P/E — Forward P/E -1.44 PEG —
P/S — P/B 5.87 P/C —
EV/EBITDA -0.69 EV/Sales — Quick Ratio 2.86
Current Ratio 3.02 Debt/Eq — LT Debt/Eq —
EPS (ttm) -8.72 EPS next Y -5.42 EPS Growth —
Revenue Growth — Earnings 2025-11-10 06:00 ROA -209.23%
ROE -4.68% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 2.34M
Shs Float 1.61M Short Float 3.87% Short Ratio 1.35
Short Interest — 52W High 22.90 52W Low 4.91
Beta 1.21 Avg Volume 58.02K Volume 199.82K
Target Price $35.00 Recom Strong_buy Prev Close $6.71
Price $7.79 Change 16.10%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$35.00
Mean price target
2. Current target
$7.79
Latest analyst target
3. DCF / Fair value
$-50.98
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.79
Low
$25.00
High
$45.00
Mean
$35.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-16 reit HC Wainwright & Co. Buy → Buy $32
2024-11-11 main HC Wainwright & Co. Buy → Buy $32
2024-06-06 reit HC Wainwright & Co. Buy → Buy $3
2024-05-09 reit HC Wainwright & Co. Buy → Buy $3
2024-03-14 reit HC Wainwright & Co. Buy → Buy $3
2023-12-18 init Noble Capital Markets — → Outperform $4
2023-11-20 init HC Wainwright & Co. — → Buy $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 9933 69233.0 — Sale at price 6.97 per share. SZOT MATTHEW K Chief Financial Officer — 2025-12-29 00:00:00 D
1 3600 50364.0 — Sale at price 13.99 per share. SZOT MATTHEW K Chief Financial Officer — 2025-10-27 00:00:00 D
2 2444 34237.0 — Sale at price 13.99 - 14.03 per share. PHAM QUANG X Chief Executive Officer — 2025-10-27 00:00:00 D
3 3493 49011.0 — Sale at price 13.99 - 14.07 per share. SZOT MATTHEW K Chief Financial Officer — 2025-10-13 00:00:00 D
4 3600 50706.0 — Sale at price 14.02 - 14.15 per share. PHAM QUANG X Chief Executive Officer — 2025-10-13 00:00:00 D
5 107 1497.0 — Sale at price 13.99 per share. SZOT MATTHEW K Chief Financial Officer — 2025-10-06 00:00:00 D
6 500 7065.0 — Sale at price 14.13 per share. PHAM QUANG X Chief Executive Officer — 2025-10-02 00:00:00 D
7 1800 25183.0 — Sale at price 13.99 - 14.00 per share. SZOT MATTHEW K Chief Financial Officer — 2025-10-01 00:00:00 D
8 1300 18213.0 — Sale at price 14.01 per share. PHAM QUANG X Chief Executive Officer — 2025-10-01 00:00:00 D
9 12400 174175.0 — Sale at price 14.00 - 14.05 per share. SZOT MATTHEW K Chief Financial Officer — 2025-09-25 00:00:00 D
Financials
Line Item2024-12-312023-12-31
TaxEffectOfUnusualItems0.000.00
TaxRateForCalcs0.000.00
NormalizedEBITDA-10.65M-7.38M
TotalUnusualItems0.00-956.23K
TotalUnusualItemsExcludingGoodwill0.00-956.23K
NetIncomeFromContinuingOperationNetMinorityInterest-10.65M-8.36M
ReconciledDepreciation1.88K1.98K
EBITDA-10.65M-8.34M
EBIT-10.65M-8.34M
NetInterestIncome309.25K231.99K
InterestExpense0.0017.10K
InterestIncome309.25K249.09K
NormalizedIncome-10.65M-7.40M
NetIncomeFromContinuingAndDiscontinuedOperation-10.65M-8.36M
TotalExpenses10.96M7.63M
TotalOperatingIncomeAsReported-10.96M-7.63M
DilutedAverageShares1.22M899.47K
BasicAverageShares1.22M899.47K
DilutedEPS-8.73-9.29
BasicEPS-8.73-9.29
DilutedNIAvailtoComStockholders-10.65M-8.36M
NetIncomeCommonStockholders-10.65M-8.36M
NetIncome-10.65M-8.36M
NetIncomeIncludingNoncontrollingInterests-10.65M-8.36M
NetIncomeContinuousOperations-10.65M-8.36M
PretaxIncome-10.65M-8.36M
OtherIncomeExpense-956.23K
SpecialIncomeCharges0.00-740.14K
OtherSpecialCharges740.14K
GainOnSaleOfSecurity-216.09K
NetNonOperatingInterestIncomeExpense309.25K231.99K
InterestExpenseNonOperating0.0017.10K
InterestIncomeNonOperating309.25K249.09K
OperatingIncome-10.96M-7.63M
OperatingExpense10.96M7.63M
DepreciationAmortizationDepletionIncomeStatement1.88K1.98K
DepreciationAndAmortizationInIncomeStatement1.88K1.98K
DepreciationIncomeStatement1.88K1.98K
ResearchAndDevelopment4.21M4.08M
SellingGeneralAndAdministration6.75M3.55M
GeneralAndAdministrativeExpense6.75M3.55M
OtherGandA6.75M3.55M
TotalRevenue0.000.00
OperatingRevenue0.000.00
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber1.78M868.18K775.64K
ShareIssued1.78M868.18K775.64K
NetDebt564.48K
TotalDebt0.0021.35K640.71K
TangibleBookValue7.44M7.69M-5.55M
InvestedCapital7.44M7.69M-4.95M
WorkingCapital7.43M7.67M-606.88K
NetTangibleAssets7.44M7.69M-5.55M
CapitalLeaseObligations0.0021.35K43.64K
CommonStockEquity7.44M7.69M-5.55M
TotalCapitalization7.44M7.69M-5.00M
TotalEquityGrossMinorityInterest7.44M7.69M-5.55M
StockholdersEquity7.44M7.69M-5.55M
RetainedEarnings-25.72M-15.07M-6.71M
AdditionalPaidInCapital33.16M22.76M1.15M
CapitalStock1.78K868.008.19K
CommonStock1.78K868.008.19K
PreferredStock0.000.00
TotalLiabilitiesNetMinorityInterest2.68M826.88K6.33M
TotalNonCurrentLiabilitiesNetMinorityInterest0.000.004.99M
DerivativeProductLiabilities0.004.38M
NonCurrentAccruedExpenses0.0040.21K
LongTermDebtAndCapitalLeaseObligation0.00574.69K
LongTermCapitalLeaseObligation0.0021.35K
LongTermDebt553.34K
CurrentLiabilities2.68M826.88K1.33M
CurrentDebtAndCapitalLeaseObligation21.35K66.02K
CurrentCapitalLeaseObligation0.0021.35K22.29K
CurrentDebt43.73K
CurrentNotesPayable0.0043.73K
PensionandOtherPostRetirementBenefitPlansCurrent966.58K596.13K605.29K
PayablesAndAccruedExpenses1.72M209.39K663.17K
CurrentAccruedExpenses214.91K42.08K258.27K
Payables1.50M167.32K404.90K
AccountsPayable1.50M167.32K404.90K
TotalAssets10.12M8.52M778.17K
TotalNonCurrentAssets10.74K27.08K50.58K
OtherNonCurrentAssets3.79K3.79K5.99K
NetPPE6.94K23.29K44.59K
GrossPPE6.94K23.29K44.59K
OtherProperties6.94K23.29K44.59K
CurrentAssets10.11M8.49M727.60K
CurrentDeferredAssets14.45K0.00672.29K
PrepaidAssets42.26K52.42K22.71K
Receivables38.15K37.25K
AccruedInterestReceivable38.15K37.25K
CashCashEquivalentsAndShortTermInvestments10.02M8.40M32.59K
CashAndCashEquivalents10.02M8.40M32.59K
CashFinancial32.59K
Line Item2024-12-312023-12-31
FreeCashFlow-7.36M-3.53M
RepaymentOfDebt0.00-250.00K
IssuanceOfDebt0.00
IssuanceOfCapitalStock5.14M11.90M
CapitalExpenditure-6.54K-3.25K
EndCashPosition10.02M8.40M
BeginningCashPosition8.40M32.59K
ChangesInCash1.62M8.37M
FinancingCashFlow8.98M11.90M
CashFlowFromContinuingFinancingActivities8.98M11.90M
NetOtherFinancingCharges-878.66K
ProceedsFromStockOptionExercised4.71M250.00K
NetCommonStockIssuance5.14M11.90M
CommonStockIssuance5.14M11.90M
NetIssuancePaymentsOfDebt0.00-250.00K
NetShortTermDebtIssuance0.00-250.00K
ShortTermDebtPayments0.00-250.00K
NetLongTermDebtIssuance0.00
LongTermDebtIssuance0.00
InvestingCashFlow-6.54K-3.25K
CashFlowFromContinuingInvestingActivities-6.54K-3.25K
NetPPEPurchaseAndSale-6.54K-3.25K
PurchaseOfPPE-6.54K-3.25K
OperatingCashFlow-7.36M-3.53M
CashFlowFromContinuingOperatingActivities-7.36M-3.53M
ChangeInWorkingCapital1.87M144.31K
ChangeInOtherWorkingCapital-14.45K672.29K
ChangeInOtherCurrentAssets0.002.19K
ChangeInPayablesAndAccruedExpense1.88M-463.22K
ChangeInAccruedExpense543.28K-225.65K
ChangeInInterestPayable0.00
ChangeInPayable1.34M-237.58K
ChangeInAccountPayable1.34M-237.58K
ChangeInPrepaidAssets10.17K-29.71K
ChangeInReceivables-905.00-37.25K
OtherNonCashItems-352.003.01M
StockBasedCompensation1.42M710.38K
DepreciationAmortizationDepletion1.88K1.98K
DepreciationAndAmortization1.88K1.98K
Depreciation1.88K1.98K
OperatingGainsLosses956.23K
GainLossOnInvestmentSecurities216.09K
NetIncomeFromContinuingOperations-10.65M-8.36M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CVKD
Date User Asset Broker Type Position Size Entry Price Patterns