Co-Diagnostics, Inc. Common Stock (CODX) — Net Asset Quality Index
Co-Diagnostics, Inc. Common Stock (CODX) has a Net Asset Quality Index of 83.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $24.74 Million minus total liabilities of $4.11 Million yields net assets of $20.63 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check CODX financial resilience to evaluate the company's liquid asset resilience ratio.
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 December 2025, the index stands at 83.4%, representing net assets of $20.63 Million against total assets of $24.74 Million USD. See CODX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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 CODX market cap overview.
| 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 | — |