CODX Income Before Tax from 2010 to 2024

CODX Stock  USD 0.73  0.00  0.000003%   
Co Diagnostics Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Co Diagnostics Income Before Tax regression line of annual values had significance of  0.52 and arithmetic mean of (2,239,796). View All Fundamentals
 
Income Before Tax  
First Reported
2015-12-31
Previous Quarter
-7.6 M
Current Value
-9.7 M
Quarterly Volatility
8.6 M
 
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' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Co Diagnostics over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Co Diagnostics income statement and is an important metric when analyzing Co Diagnostics profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Co Diagnostics' Income Before Tax 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.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

CODX Income Before Tax Regression Statistics

Arithmetic Mean(2,239,796)
Coefficient Of Variation(1,004)
Mean Deviation13,220,074
Median(1,928,686)
Standard Deviation22,484,082
Sample Variance505.5T
Range83.7M
R-Value(0.18)
Mean Square Error526.9T
R-Squared0.03
Significance0.52
Slope(901,889)
Total Sum of Squares7077.5T

CODX Income Before Tax History

2024-36.2 M
2023-38.1 M
2022-18.8 M
202145.6 M
202042.6 M
2019-6.2 M
2018-6.3 M

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Income Before Tax, 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
Income Before Tax-38.1 M-36.2 M

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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.