CODX Fixed Asset Turnover from 2010 to 2025

CODX Stock  USD 0.78  0.06  8.33%   
Co Diagnostics Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.97 in 2025. During the period from 2010 to 2025, Co Diagnostics Fixed Asset Turnover regression line of annual values had r-squared of  0.08 and arithmetic mean of  9.12. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.02
Current Value
0.97
Quarterly Volatility
22.416726
 
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 17.2 M or Total Revenue of 7.4 M, as well as many indicators such as Price To Sales Ratio of 6.26, Dividend Yield of 0.0 or PTB Ratio of 0.5. 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' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Co Diagnostics over the last few years. It is Co Diagnostics' Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

CODX Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.12
Geometric Mean0.50
Coefficient Of Variation245.68
Mean Deviation14.19
Median0.26
Standard Deviation22.42
Sample Variance502.51
Range78.4601
R-Value0.28
Mean Square Error496.70
R-Squared0.08
Significance0.30
Slope1.31
Total Sum of Squares7,538

CODX Fixed Asset Turnover History

2025 0.97
2024 1.02
2023 1.13
2022 11.75
2021 50.63
2020 78.51
2019 1.09

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Fixed Asset Turnover, 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
Fixed Asset Turnover 1.02  0.97 

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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.