Co-Diagnostics, Inc. Common Stock (CODX) — Cash Flow Reinvestment Rate

Latest as of September 2022: 4.65x

Co-Diagnostics, Inc. Common Stock (CODX) has a Cash Flow Reinvestment Rate of 4.65x as of September 2022, reinvesting $5.20 Million (capex $230.05K plus investments $4.97 Million) from operating cash flow of $1.12 Million. Explore how much does Co-Diagnostics, Inc. Common Stock reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

4.65x
(Capex + Investments) / Operating CF

Total Reinvested

$5.20 Million
Capex + Investments

Operating Cash Flow

$1.12 Million
USD

Capital Expenditures

$230.05K
USD

Co-Diagnostics, Inc. Common Stock Cash Flow Reinvestment Rate (2020–2022)

Historical reinvestment intensity for Co-Diagnostics, Inc. Common Stock across 3 annual periods. Also explore CODX current and non-current assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Co-Diagnostics, Inc. Common Stock (2020–2022)

Year-by-year capital reinvestment analysis for Co-Diagnostics, Inc. Common Stock. For live market cap and broader valuation context, see Co-Diagnostics, Inc. Common Stock stock valuation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2022 8.86x $58.17 Million $6.57 Million $1.43 Million ▲ +8477.1%
2021 0.10x $4.24 Million $41.08 Million $669.46K ▼ -55.9%
2020 0.23x $6.60 Million $28.17 Million $774.40K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow