CODX Debt To Assets from 2010 to 2024

CODX Stock  USD 0.73  0.03  3.95%   
Co Diagnostics Debt To Assets yearly trend continues to be fairly stable with very little volatility. Debt To Assets will likely drop to 0.01 in 2024. During the period from 2010 to 2024, Co Diagnostics Debt To Assets regression line of annual values had r-squared of  0.84 and arithmetic mean of  1.43. View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.00879544
Current Value
0.008356
Quarterly Volatility
1.303334
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of Co Diagnostics over the last few years. It is Co Diagnostics' Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Slightly volatile
   Debt To Assets   
       Timeline  

CODX Debt To Assets Regression Statistics

Arithmetic Mean1.43
Geometric Mean0.17
Coefficient Of Variation91.08
Mean Deviation1.20
Median1.23
Standard Deviation1.30
Sample Variance1.70
Range2.7246
R-Value(0.92)
Mean Square Error0.29
R-Squared0.84
Slope(0.27)
Total Sum of Squares23.78

CODX Debt To Assets History

2024 0.008356
2023 0.008795
2019 0.002415
2017 1.23
2016 2.62

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Debt To Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Assets 0.01  0.01 

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Additional Tools for CODX Stock Analysis

When running Co Diagnostics' price analysis, check to measure Co Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Co Diagnostics is operating at the current time. Most of Co Diagnostics' value examination focuses on studying past and present price action to predict the probability of Co Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Co Diagnostics' price. Additionally, you may evaluate how the addition of Co Diagnostics to your portfolios can decrease your overall portfolio volatility.