Co-Diagnostics Debt-to-Assets Ratio Growth & History (CODX)
Co-Diagnostics's debt-to-assets ratio was 0.05 for fiscal 2025.
View full Co-Diagnostics company overviewCo-Diagnostics annual debt-to-assets ratio history
2016
2017
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.05 | 0.02 | +47.60% |
| 2024 | 2024-12-31 | 0.03 | 0.00 | +7.92% |
| 2023 | 2023-12-31 | 0.03 | 0.03 | +1009.94% |
| 2022 | 2022-12-31 | 0.00 | — | — |
| 2017 | 2017-12-31 | 0.06 | −1.91 | −96.98% |
| 2016 | 2016-12-31 | 1.97 | — | — |
Co-Diagnostics quarterly debt-to-assets ratio
Q4.16
Q2.17
Q3.17
Q4.17
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 | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.11 | 0.07 | +195.76% |
| Q1 2026 | 2026-03-31 | 0.09 | 0.06 | +169.69% |
| Q4 2025 | 2025-12-31 | 0.05 | 0.02 | +47.60% |
| Q3 2025 | 2025-09-30 | 0.03 | 0.00 | +0.54% |
| Q2 2025 | 2025-06-30 | 0.04 | 0.00 | +14.61% |
| Q1 2025 | 2025-03-31 | 0.04 | 0.00 | +8.74% |
| Q4 2024 | 2024-12-31 | 0.03 | 0.00 | +7.92% |
| Q3 2024 | 2024-09-30 | 0.03 | 0.00 | +16.81% |
| Q2 2024 | 2024-06-30 | 0.03 | 0.00 | +11.71% |
| Q1 2024 | 2024-03-31 | 0.03 | 0.02 | +302.77% |
| Q4 2023 | 2023-12-31 | 0.03 | 0.03 | +1009.94% |
| Q3 2023 | 2023-09-30 | 0.03 | 0.03 | +888.99% |
| Q2 2023 | 2023-06-30 | 0.03 | 0.03 | +841.69% |
| Q1 2023 | 2023-03-31 | 0.01 | 0.00 | +144.81% |
| Q4 2022 | 2022-12-31 | 0.00 | — | — |
| Q3 2022 | 2022-09-30 | 0.00 | — | — |
| Q2 2022 | 2022-06-30 | 0.00 | — | — |
| Q1 2022 | 2022-03-31 | 0.00 | — | — |
| Q4 2017 | 2017-12-31 | 0.06 | −1.91 | −96.98% |
| Q3 2017 | 2017-09-30 | 0.01 | — | — |
| Q2 2017 | 2017-06-30 | 0.09 | — | — |
| Q4 2016 | 2016-12-31 | 1.97 | — | — |
Co-Diagnostics debt-to-assets ratio trends
Between the periods ended 2016-12-31 and 2025-12-31, Co-Diagnostics's debt-to-assets ratio decreased from 1.97 to 0.05, a change of −1.92. The latest reported quarter, Q2 2026, shows 0.11.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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