Co-Diagnostics, Inc. Common Stock (CODX) — 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). Check CODX cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Co-Diagnostics, Inc. Common Stock Financial Flexibility Index (2014–2025)
Historical Financial Flexibility Index trend for Co-Diagnostics, Inc. Common Stock across 12 annual periods. For the full cash flow conversion analysis, see Co-Diagnostics, Inc. Common Stock cash conversion from operations.
Annual Financial Flexibility Index for Co-Diagnostics, Inc. Common Stock (2014–2025)
Year-by-year free cash flow to debt coverage for Co-Diagnostics, Inc. Common Stock. Explore Co-Diagnostics, Inc. Common Stock cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |