Co-Diagnostics, Inc. Common Stock (CODX) — Financial Flexibility Index

Latest as of December 2025: -1.47x

Co-Diagnostics, Inc. Common Stock (CODX) has a Financial Flexibility Index of -1.47x as of December 2025. Free cash flow of $-6.07 Million (operating CF $-6.20 Million minus capex $131.97K) represents -1% of total liabilities ($4.11 Million). Also explore Co-Diagnostics, Inc. Common Stock (CODX) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-1.47x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-6.07 Million
Operating CF − Capex

Total Liabilities

$4.11 Million
USD

Capital Expenditures

$131.97K
USD

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. Check CODX strategic asset allocation to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see Co-Diagnostics, Inc. Common Stock stock valuation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities