Co-Diagnostics, Inc. Common Stock (CODX) — Free Cash Flow Generation Index

Latest as of September 2022: 0.79x

Co-Diagnostics, Inc. Common Stock (CODX) has a Free Cash Flow Generation Index of 0.79x as of September 2022. Free cash flow of $888.27K represents 1% of operating cash flow ($1.12 Million). See working capital position of Co-Diagnostics, Inc. Common Stock to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.79x
Free Cash Flow / Operating CF

Free Cash Flow

$888.27K
USD

Operating Cash Flow

$1.12 Million
USD

Capital Expenditures

$230.05K
USD

Co-Diagnostics, Inc. Common Stock Free Cash Flow Generation Index (2020–2022)

Historical FCF Generation Index trend for Co-Diagnostics, Inc. Common Stock across 3 annual periods. Explore Co-Diagnostics, Inc. Common Stock debt service capacity to assess how comfortably operating cash covers total debt obligations.

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

Year-by-year Free Cash Flow Generation Index for Co-Diagnostics, Inc. Common Stock. For the full company profile including market capitalisation, see CODX stock market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2022 0.78x $5.14 Million $6.57 Million $1.43 Million ▼ -20.4%
2021 0.98x $40.41 Million $41.08 Million $669.46K ▲ +1.2%
2020 0.97x $27.39 Million $28.17 Million $774.40K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).