CODX Interest Coverage from 2010 to 2025

CODX Stock  USD 0.75  0.05  7.14%   
Co Diagnostics Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage is projected to decline to -0.94 this year. During the period from 2010 to 2025, Co Diagnostics Interest Coverage regression line of annual values had significance of  0.06 and arithmetic mean of (18.91). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(0.90)
Current Value
(0.94)
Quarterly Volatility
17.19029742
 
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' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Co Diagnostics over the last few years. It is Co Diagnostics' Interest Coverage 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.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

CODX Interest Coverage Regression Statistics

Arithmetic Mean(18.91)
Coefficient Of Variation(90.91)
Mean Deviation14.20
Median(26.17)
Standard Deviation17.19
Sample Variance295.51
Range54.5942
R-Value0.50
Mean Square Error239.22
R-Squared0.25
Significance0.06
Slope1.92
Total Sum of Squares4,137

CODX Interest Coverage History

2024 -0.94
2023 -0.9
2020 -0.78
2019 -55.37
2018 -45.33
2017 -14.71
2016 -7.01

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Interest Coverage, 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
Interest Coverage(0.90)(0.94)

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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.