Co-Diagnostics annual debt-to-equity ratio
2017
2022
2023
2024
2025
Co-Diagnostics Debt-to-Equity Ratio Growth & History (CODX)
Co-Diagnostics's debt-to-equity ratio was 0.06 for fiscal 2025.
View full Co-Diagnostics company overviewCo-Diagnostics annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.06 | 0.02 | +50.06% |
| 2024 | 2024-12-31 | 0.04 | 0.01 | +14.31% |
| 2023 | 2023-12-31 | 0.03 | 0.03 | +1050.28% |
| 2022 | 2022-12-31 | 0.00 | — | — |
| 2017 | 2017-12-31 | 0.07 | — | — |
Co-Diagnostics quarterly debt-to-equity ratio
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-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.14 | 0.10 | +238.11% |
| Q1 2026 | 2026-03-31 | 0.13 | 0.09 | +211.19% |
| Q4 2025 | 2025-12-31 | 0.06 | 0.02 | +50.06% |
| Q3 2025 | 2025-09-30 | 0.04 | −0.00 | −0.48% |
| Q2 2025 | 2025-06-30 | 0.04 | 0.01 | +17.37% |
| Q1 2025 | 2025-03-31 | 0.04 | 0.01 | +14.17% |
| Q4 2024 | 2024-12-31 | 0.04 | 0.01 | +14.31% |
| Q3 2024 | 2024-09-30 | 0.04 | 0.01 | +21.35% |
| Q2 2024 | 2024-06-30 | 0.04 | 0.00 | +14.18% |
| Q1 2024 | 2024-03-31 | 0.04 | 0.03 | +321.29% |
| Q4 2023 | 2023-12-31 | 0.03 | 0.03 | +1050.28% |
| Q3 2023 | 2023-09-30 | 0.03 | 0.03 | +886.12% |
| Q2 2023 | 2023-06-30 | 0.03 | 0.03 | +822.46% |
| Q1 2023 | 2023-03-31 | 0.01 | 0.00 | +123.45% |
| 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 | 0.07 | — | — |
| Q3 2017 | 2017-09-30 | 0.01 | — | — |
Co-Diagnostics debt-to-equity ratio trends
Between the periods ended 2017-12-31 and 2025-12-31, Co-Diagnostics's debt-to-equity ratio decreased from 0.07 to 0.06, a change of −0.01. The latest reported quarter, Q2 2026, shows 0.14.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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