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
Recent updates
Here's Why We're Watching Co-Diagnostics' (NASDAQ:CODX) Cash Burn Situation
Jun 14One Co-Diagnostics, Inc. (NASDAQ:CODX) Analyst Just Slashed Their Estimates By A Consequential 14%
May 18A Look At The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)
Apr 14Co-Diagnostics: Hold Thesis Remains Well Intact
Sep 07Co-Diagnostics stock sinks ~37% after hours on Q2 results miss, hurt by lower volumes
Aug 11Co-Diagnostics spikes on shipments of monkeypox test
Jul 11Estimating The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)
Jul 06Co-Diagnostics: Well Priced, Long-Term Value Remains Too Distant
Jun 21Co-Diagnostics: Where's Eikon?
Apr 03Co-Diagnostics, Inc. (NASDAQ:CODX) Shares Could Be 29% Below Their Intrinsic Value Estimate
Mar 28Co-Diagnostics: Swinging For The Fences
Jan 24Does Co-Diagnostics (NASDAQ:CODX) Deserve A Spot On Your Watchlist?
Dec 28Why Co-Diagnostics Is A Solid Covid-19 Play
Aug 19Co-Diagnostics, Inc.'s (NASDAQ:CODX) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
Aug 14Co-Diagnostics gets CE marking for direct saliva SARS-CoV-2 test
Jun 18Co-Diagnostics: No One-Hit Wonder
Jun 04Financial Position Analysis
Short Term Liabilities: CODX's short term assets ($48.2M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: CODX's short term assets ($48.2M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: CODX is debt free.
Reducing Debt: CODX had no debt 5 years ago.
Debt Coverage: CODX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CODX has no debt, therefore coverage of interest payments is not a concern.