Co-Diagnostics, Inc. (CODX) Debt to Equity Ratio
Co-Diagnostics, Inc. (CODX) debt-to-equity ratio history and balance sheet leverage. Analyze D/E ratio in Excel with MarketXLS.
Debt to Equity Ratio Data
| Period | Debt/Equity |
|---|---|
| 2017-12-31 | 0.07 |
| 2022-12-31 | 0.00 |
| 2023-12-31 | 0.03 |
| 2024-12-31 | 0.04 |
| 2025-12-31 | 0.06 |
Debt to equity divides total borrowings by total shareholder equity at the period end. Total borrowings are short-term debt plus long-term debt, including capital lease obligations. Non-debt liabilities such as accounts payable and deferred revenue are excluded. A period is omitted when equity is negative, because the ratio is not meaningful then.
How CODX compares with sector peers
| Symbol | Company | Debt/Equity (latest fiscal year) |
|---|---|---|
| REGN | Regeneron Pharmaceuticals Inc. | 0.09 |
| EXEL | Exelixis Inc. | 0.08 |
| EW | Edwards Lifesciences Corporation | 0.07 |
| EYPT | EyePoint Pharmaceuticals Inc. | 0.07 |
| OSUR | OraSure Technologies Inc. | 0.04 |
These are five companies in the same sector as CODX with a comparable annual debt to equity ratio. Each figure above is that company's most recent completed fiscal year, read from the same annual statements as the table on its own page, so the period end dates can differ between rows.
Get Co-Diagnostics, Inc. Data in Excel
Stream real-time stock prices and financials directly into your spreadsheets with MarketXLS.
Try: =hf_Debt_to_Equity_Ratio("CODX", 2024)
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Volume |
| 2 | CODX | $1.25 | +3.31% | 0.23M |
| 3 | ||||
| 4 | ||||
| 5 |