CODX Net Working Capital from 2010 to 2025

CODX Stock  USD 0.28  0.01  2.03%   
Co Diagnostics Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2025. During the period from 2010 to 2025, Co Diagnostics Net Working Capital regression line of annual values had significance of  0.01 and arithmetic mean of  25,871,794. View All Fundamentals
 
Net Working Capital  
First Reported
2020-03-31
Previous Quarter
25 M
Current Value
18.5 M
Quarterly Volatility
30 M
 
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 Depreciation And Amortization of 1.4 M, Interest Expense of 18 M or Selling General Administrative of 17 M, as well as many indicators such as Price To Sales Ratio of 5.52, Dividend Yield of 0.0 or PTB Ratio of 0.4. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
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Latest Co Diagnostics' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Co Diagnostics over the last few years. It is Co Diagnostics' Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

CODX Net Working Capital Regression Statistics

Arithmetic Mean25,871,794
Coefficient Of Variation133.48
Mean Deviation28,633,586
Median3,823,618
Standard Deviation34,533,818
Sample Variance1192.6T
Range103.8M
R-Value0.66
Mean Square Error725.9T
R-Squared0.43
Significance0.01
Slope4,766,842
Total Sum of Squares17888.8T

CODX Net Working Capital History

202546.8 M
202425 M
202356.4 M
202288.9 M
2021102.5 M
202063.8 M
20191.3 M

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Net Working Capital, 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
Net Working Capital25 M46.8 M

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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.