Co-Diagnostics, Inc. Common Stock Financial Flexibility Index
Co-Diagnostics, Inc. Common Stock financial flexibility index. Co-Diagnostics, Inc. Common Stock (CODX) has a Financial Flexibility Index of -1.41x as of March 2026. Free cash flow of $-7.70 Million (operating CF $-7.85 Million minus capex $142.02K) represents -1% of total liabilities ($5.46 Million). See CODX free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Co-Diagnostics, Inc. Common Stock (2014–2025)
Financial flexibility index of Co-Diagnostics, Inc. Common Stock from 2014 to 2025. Historical Financial Flexibility Index trend for Co-Diagnostics, Inc. Common Stock across 12 annual periods. Check Co-Diagnostics, Inc. Common Stock cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Co-Diagnostics, Inc. Common Stock Financial Flexibility Index by Year (2014–2025)
Co-Diagnostics, Inc. Common Stock financial flexibility index by year from 2014 to 2025. Year-by-year free cash flow to debt coverage for Co-Diagnostics, Inc. Common Stock. For the full cash flow conversion analysis, see Co-Diagnostics, Inc. Common Stock (CODX) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -6.91x | $-28.44 Million | $-29.14 Million | $4.11 Million | ▼ -135.7% |
| 2024 | -2.93x | $-28.41 Million | $-29.16 Million | $9.69 Million | ▼ -31.7% |
| 2023 | -2.23x | $-20.72 Million | $-22.08 Million | $9.31 Million | ▼ -338.5% |
| 2022 | 0.93x | $8.00 Million | $6.57 Million | $8.57 Million | ▼ -42.9% |
| 2021 | 1.63x | $41.75 Million | $41.08 Million | $25.56 Million | ▼ -74.4% |
| 2020 | 6.37x | $28.94 Million | $28.17 Million | $4.54 Million | ▲ +156.3% |
| 2019 | -11.32x | $-5.41 Million | $-5.53 Million | $478.07K | ▼ -632.1% |
| 2018 | -1.55x | $-4.04 Million | $-4.08 Million | $2.61 Million | ▲ +59.3% |
| 2017 | -3.80x | $-3.08 Million | $-3.21 Million | $811.80K | ▼ -1153.0% |
| 2016 | -0.30x | $-1.30 Million | $-1.31 Million | $4.29 Million | ▲ +67.4% |
| 2015 | -0.93x | $-1.41 Million | $-1.53 Million | $1.52 Million | ▲ +87.7% |
| 2014 | -7.53x | $-913.34K | $-925.23K | $121.22K | — |