CSIMarket
 


Co diagnostics Inc   (CODX)
Other Ticker:  
 

Co Diagnostics Inc 's Tangible Leverage Ratio

CODX's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 1.25%, Tangible Leverage Ratio fell to 0.16, below the Co Diagnostics Inc 's average Tangible Leverage Ratio.

Within Medical Equipment & Supplies industry in the forth quarter 2023, 8 other companies have achieved lower Tangible Leverage Ratio than Co Diagnostics Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 121, from total ranking in the third quarter 2023 at 246 .

Explain Tangible Leverage Ratio?
What is CODX Market Share?
What are CODX´s Total Liabilities?


CODX Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change -32.07 % -21.22 % -24.7 % -20.65 % -5.21 %
Y / Y Total Liabilities Change 8.65 % -28.72 % -42.77 % -72.83 % -32 %
Tangible Leverage Ratio MRQ 0.16 0.13 0.12 0.08 0.1
CODX's Total Ranking # 121 # 246 # 283 # 172 # 247
Seq. Tangible Equity Change -18.35 % -5.03 % -8.44 % -4.31 % -5.32 %
Seq. Total Liabilities Change 1.25 % -1.89 % 47.14 % -25.67 % -33.57 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 9
Healthcare Sector # 50
Overall Market # 121


Tangible Leverage Ratio Statistics
High Average Low
20.31 1.01 0.02
(Sep 30 2018)  




Financial Statements
Co Diagnostics Inc 's Tangible Equity $ 60 Millions Visit CODX's Balance sheet
Co Diagnostics Inc 's Total Liabilities $ 9 Millions Visit CODX's Balance sheet
Source of CODX's Sales Visit CODX's Sales by Geography


Cumulative Co Diagnostics Inc 's Tangible Leverage Ratio

CODX's Tangible Leverage Ratio for the trailling 12 Months

CODX Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth -32.07 % -21.22 % -24.7 % -20.65 % -5.21 %
Y / Y Total Liabilities TTM Growth 8.65 % -28.72 % -42.77 % -72.83 % -32 %
Tangible Leverage Ratio TTM 0.12 0.1 0.11 0.12 0.16
Total Ranking TTM # 121 # 246 # 283 # 172 # 247
Seq. Tangible Equity TTM Growth -18.35 % -5.03 % -8.44 % -4.31 % -5.32 %
Seq. Total Liabilities TTM Growth 1.25 % -1.89 % 47.14 % -25.67 % -33.57 %


On the trailing twelve months basis Due to the net new borrowings of 1.25% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTangible Leverage Ratio improved to 0.12, below the Co Diagnostics Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Medical Equipment & Supplies industry 8, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Co Diagnostics Inc . While Tangible Leverage Ratio total ranking has improved so far to 0, from total ranking in previous 12 month period at 2.

Explain Tangible Leverage Ratio?
What is CODX Market Share?
What are CODX´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 9
Healthcare Sector # 50
Within the Market # 121


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
20.31 1.01 0.02
(Sep 30 2018)  




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Medical Equipment & Supplies Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Rewalk Robotics Ltd   0.43 $ 16.682  Millions$ 38.972  Millions
Warby Parker Inc   0.43 $ 128.354  Millions$ 301.787  Millions
Nephros Inc   0.42 $ 3.057  Millions$ 7.218  Millions
Koru Medical Systems Inc  0.41 $ 8.107  Millions$ 19.599  Millions
Profound Medical Corp   0.41 $ 12.731  Millions$ 31.180  Millions
Penumbra Inc   0.40 $ 377.361  Millions$ 941.618  Millions
Aethlon Medical Inc   0.37 $ 2.825  Millions$ 7.610  Millions
Procept Biorobotics Corporation  0.35 $ 97.783  Millions$ 279.548  Millions
Si bone inc   0.34 $ 58.123  Millions$ 169.375  Millions
Neuroone Medical Technologies Corporation  0.32 $ 1.404  Millions$ 4.334  Millions
West Pharmaceutical Services Inc   0.31 $ 851.300  Millions$ 2,757.400  Millions
Bone Biologics Corporation  0.29 $ 0.831  Millions$ 2.906  Millions
Medinotec Inc   0.28 $ 0.577  Millions$ 2.075  Millions
Fonar Corporation  0.26 $ 38.375  Millions$ 148.762  Millions
Monogram Orthopaedics inc   0.25 $ 3.182  Millions$ 12.848  Millions
Orthopediatrics Corp  0.25 $ 51.571  Millions$ 208.764  Millions
Alpha Tau Medical Ltd   0.18 $ 15.247  Millions$ 84.475  Millions
Axonics Inc   0.18 $ 82.359  Millions$ 456.772  Millions
Inspiremd Inc   0.18 $ 7.104  Millions$ 39.501  Millions
Lemaitre Vascular Inc   0.17 $ 32.147  Millions$ 190.244  Millions
Electromed Inc   0.17 $ 6.622  Millions$ 39.726  Millions
Intuitive Surgical Inc   0.16 $ 2,133.900  Millions$ 13,048.600  Millions
Co diagnostics Inc   0.16 $ 9.307  Millions$ 59.610  Millions
Anika Therapeutics Inc   0.16 $ 31.059  Millions$ 200.068  Millions
Inspire Medical Systems inc   0.14 $ 79.451  Millions$ 572.514  Millions
Orasure Technologies Inc  0.13 $ 52.174  Millions$ 393.769  Millions
Alpha Pro Tech Ltd   0.12 $ 7.195  Millions$ 61.513  Millions
Semler Scientific Inc   0.07 $ 5.080  Millions$ 71.795  Millions
Inmode Ltd   0.07 $ 54.612  Millions$ 787.372  Millions
Neurometrix Inc   0.07 $ 1.333  Millions$ 20.091  Millions

Date modified: 2024-03-17T12:44:14+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com