Co-Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Co-Diagnostics has a total shareholder equity of $72.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $80.7M and $8.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.88m |
| Equity | US$72.40m |
| Total liabilities | US$8.30m |
| Total assets | US$80.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C97's short term assets ($48.2M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: C97's short term assets ($48.2M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: C97 is debt free.
Reducing Debt: C97 had no debt 5 years ago.
Debt Coverage: C97 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: C97 has no debt, therefore coverage of interest payments is not a concern.