Co-Diagnostics, Inc. Common Stock Tangible Net Worth Ratio
Co-Diagnostics, Inc. Common Stock tangible net worth ratio. Co-Diagnostics, Inc. Common Stock (CODX) has a Tangible Net Worth Ratio of 55.0% as of March 2026. This metric is calculated by deducting intangible assets ($7.22 Million) from net assets ($16.04 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Co-Diagnostics, Inc. Common Stock strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Co-Diagnostics, Inc. Common Stock (2014–2025)
Tangible net worth ratio of Co-Diagnostics, Inc. Common Stock from 2014 to 2025. This chart shows how Co-Diagnostics, Inc. Common Stock's Tangible Net Worth Ratio has changed across 9 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 55.0%, reflecting net assets of $16.04 Million with intangible assets of $7.22 Million USD. See Co-Diagnostics, Inc. Common Stock (CODX) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Co-Diagnostics, Inc. Common Stock Tangible Net Worth Ratio by Year (2014–2025)
Co-Diagnostics, Inc. Common Stock tangible net worth ratio by year from 2014 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Co-Diagnostics, Inc. Common Stock from 2014 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Co-Diagnostics, Inc. Common Stock stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 65.0% | $20.63 Million | $7.22 Million | $24.74 Million | ▲ +13.1 pp |
| 2024 | 51.9% | $54.31 Million | $26.10 Million | $64.00 Million | ▼ -17.4 pp |
| 2023 | 69.3% | $86.01 Million | $26.40 Million | $95.32 Million | ▼ -7.3 pp |
| 2022 | 76.6% | $114.52 Million | $26.77 Million | $123.09 Million | ▼ -3.2 pp |
| 2021 | 79.8% | $134.48 Million | $27.20 Million | $160.03 Million | ▼ -20.2 pp |
| 2020 | 100.0% | $66.70 Million | $0.00 | $71.24 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $1.74 Million | $0.00 | $2.22 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $3.85 Million | $0.00 | $4.66 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $138.63K | $0.00 | $259.85K | — |