Co-Diagnostics annual current ratio
2016
2017
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2022
2023
2024
2025
Co-Diagnostics Current Ratio Growth & History (CODX)
Co-Diagnostics's current ratio was 3.87 for fiscal 2025.
View full Co-Diagnostics company overviewCo-Diagnostics annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.87 | −0.55 | −12.36% |
| 2024 | 2024-12-31 | 4.41 | −6.40 | −59.17% |
| 2023 | 2023-12-31 | 10.81 | −13.13 | −54.84% |
| 2022 | 2022-12-31 | 23.94 | 14.80 | +161.99% |
| 2021 | 2021-12-31 | 9.14 | −7.55 | −45.25% |
| 2020 | 2020-12-31 | 16.69 | 11.86 | +245.64% |
| 2019 | 2019-12-31 | 4.83 | 4.38 | +979.72% |
| 2018 | 2018-12-31 | 0.45 | −6.64 | −93.69% |
| 2017 | 2017-12-31 | 7.09 | 6.77 | +2154.96% |
| 2016 | 2016-12-31 | 0.31 | — | — |
Co-Diagnostics quarterly current ratio
Q4.16
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.81 | −2.31 | −56.03% |
| Q1 2026 | 2026-03-31 | 2.28 | −2.15 | −48.49% |
| Q4 2025 | 2025-12-31 | 3.87 | −0.55 | −12.36% |
| Q3 2025 | 2025-09-30 | 3.81 | −3.11 | −44.97% |
| Q2 2025 | 2025-06-30 | 4.12 | −4.96 | −54.62% |
| Q1 2025 | 2025-03-31 | 4.43 | −5.76 | −56.50% |
| Q4 2024 | 2024-12-31 | 4.41 | −6.40 | −59.17% |
| Q3 2024 | 2024-09-30 | 6.92 | −7.07 | −50.55% |
| Q2 2024 | 2024-06-30 | 9.09 | −6.04 | −39.92% |
| Q1 2024 | 2024-03-31 | 10.19 | −13.61 | −57.19% |
| Q4 2023 | 2023-12-31 | 10.81 | −13.13 | −54.84% |
| Q3 2023 | 2023-09-30 | 13.99 | −2.96 | −17.48% |
| Q2 2023 | 2023-06-30 | 15.13 | −1.93 | −11.32% |
| Q1 2023 | 2023-03-31 | 23.80 | 14.17 | +147.25% |
| Q4 2022 | 2022-12-31 | 23.94 | 14.80 | +161.99% |
| Q3 2022 | 2022-09-30 | 16.95 | −7.88 | −31.72% |
| Q2 2022 | 2022-06-30 | 17.06 | −2.04 | −10.69% |
| Q1 2022 | 2022-03-31 | 9.63 | −8.75 | −47.61% |
| Q4 2021 | 2021-12-31 | 9.14 | −7.55 | −45.25% |
| Q3 2021 | 2021-09-30 | 24.83 | −3.80 | −13.28% |
| Q2 2021 | 2021-06-30 | 19.10 | 6.74 | +54.48% |
| Q1 2021 | 2021-03-31 | 18.37 | 1.94 | +11.82% |
| Q4 2020 | 2020-12-31 | 16.69 | 11.86 | +245.64% |
| Q3 2020 | 2020-09-30 | 28.63 | 18.61 | +185.78% |
| Q2 2020 | 2020-06-30 | 12.36 | −2.25 | −15.39% |
| Q1 2020 | 2020-03-31 | 16.43 | −0.09 | −0.55% |
| Q4 2019 | 2019-12-31 | 4.83 | 4.38 | +979.72% |
| Q3 2019 | 2019-09-30 | 10.02 | 8.93 | +817.64% |
| Q2 2019 | 2019-06-30 | 14.61 | 8.49 | +138.57% |
| Q1 2019 | 2019-03-31 | 16.52 | 5.54 | +50.46% |
| Q4 2018 | 2018-12-31 | 0.45 | −6.64 | −93.69% |
| Q3 2018 | 2018-09-30 | 1.09 | −7.64 | −87.50% |
| Q2 2018 | 2018-06-30 | 6.13 | 6.06 | +9036.63% |
| Q1 2018 | 2018-03-31 | 10.98 | — | — |
| Q4 2017 | 2017-12-31 | 7.09 | 6.77 | +2154.96% |
| Q3 2017 | 2017-09-30 | 8.73 | — | — |
| Q2 2017 | 2017-06-30 | 0.07 | — | — |
| Q4 2016 | 2016-12-31 | 0.31 | — | — |
Co-Diagnostics current ratio trends
Over the last five fiscal years, Co-Diagnostics's current ratio decreased from 16.69 to 3.87, a change of −12.82. The latest reported quarter, Q2 2026, shows 1.81.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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