Co-Diagnostics, Inc.

Co-Diagnostics, Inc.verified

CODX

Price:

$1.3003

Market Cap:

$41.49M

Co-Diagnostics, Inc., a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. It offers polymerase chain reaction (PCR) diagnostic tests for COVID-19, tuberculosis, hepatitis B and C, human papilloma virus, malaria, chikungunya, dengue, and the zika virus; three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; and molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. The company also provides tests that identify gen...[Read more]

Industry

Medical - Devices

IPO Date

2017-07-12

Stock Exchange

NASDAQ

Ticker

CODX

The Current Ratio as of September 2024 (TTM) for Co-Diagnostics, Inc. (CODX) is 9.09

According to Co-Diagnostics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.09. This represents a change of -17.52% compared to the average of 11.02 of the last 4 quarters.

Co-Diagnostics, Inc. (CODX) Historical Current Ratio (quarterly & annually)

How has CODX Current Ratio performed in the past?

The mean historical Current Ratio of Co-Diagnostics, Inc. over the last ten years is 7.37. The current 9.09 Current Ratio has changed 12.23% with respect to the historical average. Over the past ten years (40 quarters), CODX's Current Ratio was at its highest in in the September 2020 quarter at 28.63. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

7.37

Median

5.96

Minimum

0.15

Maximum

23.94

Co-Diagnostics, Inc. (CODX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Co-Diagnostics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.15%

Maximum Annual Current Ratio = 23.94

Minimum Annual Increase = -93.69%

Minimum Annual Current Ratio = 0.15

Quarterly (TTM)
Annual
YearCurrent RatioChange
202310.81-54.84%
202223.94161.99%
20219.14-39.70%
202015.16213.84%
20194.83979.72%
20180.45-93.69%
20177.092.15%
20160.31105.75%
20150.15-91.68%

Co-Diagnostics, Inc. (CODX) Average Current Ratio

How has CODX Current Ratio performed in the past?

The current Current Ratio of Co-Diagnostics, Inc. (CODX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

14.63

5-year avg

12.78

10-year avg

7.37

Co-Diagnostics, Inc. (CODX) Current Ratio vs. Peers

How is CODX’s Current Ratio compared to its peers?

Co-Diagnostics, Inc.’s Current Ratio is greater than Heart Test Laboratories, Inc. (4.49), greater than NanoVibronix, Inc. (2.11), greater than Rapid Micro Biosystems, Inc. (5.92), greater than ThermoGenesis Holdings, Inc. (0.52), greater than Biomerica, Inc. (3.51), greater than Nemaura Medical Inc. (0.19), greater than Bluejay Diagnostics, Inc. (4.38), greater than Movano Inc. (5.76), greater than INVO Bioscience, Inc. (0.30), less than enVVeno Medical Corporation (23.33), greater than Tivic Health Systems, Inc. (7.89), less than Bone Biologics Corporation (11.22), greater than Vivos Therapeutics, Inc. (1.18), greater than Senseonics Holdings, Inc. (3.11), greater than Inogen, Inc. (2.70), greater than ClearPoint Neuro, Inc. (2.79), greater than NeuroPace, Inc. (6.37), greater than Surmodics, Inc. (3.98), less than CVRx, Inc. (10.08), less than NeuroMetrix, Inc. (11.62), greater than ReShape Lifesciences Inc. (1.90), greater than Inspira Technologies Oxy B.H.N. Ltd. (2.61), greater than OpGen, Inc. (0.05),

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