Co-Diagnostics Debt-to-Assets Ratio Growth & History (CODX)

Co-Diagnostics's debt-to-assets ratio was 0.05 for fiscal 2025.

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Co-Diagnostics annual debt-to-assets ratio history

Co-Diagnostics annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20252025-12-310.050.02+47.60%
20242024-12-310.030.00+7.92%
20232023-12-310.030.03+1009.94%
20222022-12-310.00
20172017-12-310.06−1.91−96.98%
20162016-12-311.97

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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