Co-Diagnostics, Inc. Common Stock (CODX) — Defensive Interval Ratio

Latest as of December 2025: 20 days

Co-Diagnostics, Inc. Common Stock (CODX) has a Defensive Interval Ratio of 20 days as of December 2025. Defensive assets of $190.38K (cash $-, short-term investments $0.00, receivables $190.38K) cover 20 days of daily cash needs of $9.70K/day. Check CODX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

20 days
Days of operational coverage

Defensive Assets

$190.38K
Cash + ST Investments + Receivables

Daily Cash Need

$9.70K
Current Liabilities ÷ 365

Current Liabilities

$3.54 Million
USD

Co-Diagnostics, Inc. Common Stock Defensive Interval Ratio (2015–2025)

This chart shows how Co-Diagnostics, Inc. Common Stock's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 20 days, meaning defensive assets of $190.38K can fund 20 days of operations without new revenue. Also explore CODX net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Co-Diagnostics, Inc. Common Stock (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Co-Diagnostics, Inc. Common Stock from 2015 to 2025, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Co-Diagnostics, Inc. Common Stock market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 20 days $190.38K $9.70K/day $- $0.00 ▼ -1325 days
2024 1344 days $26.94 Million $20.04K/day $- $26.81 Million ▼ -1448 days
2023 2792 days $43.96 Million $15.75K/day $- $43.63 Million ▼ -3210 days
2022 6001 days $63.69 Million $10.61K/day $- $58.29 Million ▲ +5359 days
2021 642 days $22.17 Million $34.51K/day $- $1.26 Million ▼ -838 days
2020 1480 days $16.47 Million $11.13K/day $- $4.34 Million ▲ +1334 days
2019 146 days $131.38K $898.82/day $- $- ▲ +144 days
2018 2 days $13.42K $6.44K/day $- $- ▲ +2 days
2017 0 days $0.00 $1.72K/day $- $0.00 ▼ 0 days
2016 0 days $3.18K $10.54K/day $- $- ▼ 0 days
2015 1 days $2.00K $2.73K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)