Co-Diagnostics, Inc. Common Stock (CODX) — Net Asset Quality Index
Co-Diagnostics, Inc. Common Stock (CODX) has a Net Asset Quality Index of 74.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $21.50 Million minus total liabilities of $5.46 Million yields net assets of $16.04 Million. A higher index indicates a stronger, lower-leverage balance sheet. See CODX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Co-Diagnostics, Inc. Common Stock Net Asset Quality Index Over Time (2014–2025)
This chart shows how Co-Diagnostics, Inc. Common Stock's Net Asset Quality Index has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the index stands at 74.6%, representing net assets of $16.04 Million against total assets of $21.50 Million USD. Explore cash flow conversion of Co-Diagnostics, Inc. Common Stock to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Co-Diagnostics, Inc. Common Stock (2014–2025)
The table below presents the year-by-year Net Asset Quality Index for Co-Diagnostics, Inc. Common Stock from 2014 to 2025, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Co-Diagnostics, Inc. Common Stock (CODX) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.4% | $20.63 Million | $24.74 Million | $4.11 Million | ▼ -1.5 pp |
| 2024 | 84.9% | $54.31 Million | $64.00 Million | $9.69 Million | ▼ -5.4 pp |
| 2023 | 90.2% | $86.01 Million | $95.32 Million | $9.31 Million | ▼ -2.8 pp |
| 2022 | 93.0% | $114.52 Million | $123.09 Million | $8.57 Million | ▲ +9.0 pp |
| 2021 | 84.0% | $134.48 Million | $160.03 Million | $25.56 Million | ▼ -9.6 pp |
| 2020 | 93.6% | $66.70 Million | $71.24 Million | $4.54 Million | ▲ +15.2 pp |
| 2019 | 78.4% | $1.74 Million | $2.22 Million | $478.07K | ▲ +146.6 pp |
| 2018 | -68.2% | $-1.06 Million | $1.55 Million | $2.61 Million | ▼ -150.8 pp |
| 2017 | 82.6% | $3.85 Million | $4.66 Million | $811.80K | ▲ +313.7 pp |
| 2016 | -231.1% | $-2.99 Million | $1.30 Million | $4.29 Million | ▲ +78.2 pp |
| 2015 | -309.3% | $-1.15 Million | $370.93K | $1.52 Million | ▼ -362.7 pp |
| 2014 | 53.4% | $138.63K | $259.85K | $121.22K | — |