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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Co-Diagnostics (CODX) Asset Utilization Ratio (2017 - 2025)

Historic Asset Utilization Ratio for Co-Diagnostics (CODX) over the last 9 years, with Q3 2025 value amounting to 0.01.

  • Co-Diagnostics' Asset Utilization Ratio fell 8835.61% to 0.01 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.01, marking a year-over-year decrease of 8835.61%. This contributed to the annual value of 0.05 for FY2024, which is 2121.07% down from last year.
  • Per Co-Diagnostics' latest filing, its Asset Utilization Ratio stood at 0.01 for Q3 2025, which was down 8835.61% from 0.02 recorded in Q2 2025.
  • Co-Diagnostics' 5-year Asset Utilization Ratio high stood at 1.22 for Q1 2021, and its period low was 0.01 during Q3 2025.
  • In the last 5 years, Co-Diagnostics' Asset Utilization Ratio had a median value of 0.1 in 2023 and averaged 0.34.
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first skyrocketed by 68734.2% in 2021, then tumbled by 8835.61% in 2025.
  • Quarter analysis of 5 years shows Co-Diagnostics' Asset Utilization Ratio stood at 0.74 in 2021, then tumbled by 65.76% to 0.25 in 2022, then plummeted by 73.56% to 0.07 in 2023, then decreased by 14.03% to 0.06 in 2024, then plummeted by 80.6% to 0.01 in 2025.
  • Its last three reported values are 0.01 in Q3 2025, 0.02 for Q2 2025, and 0.06 during Q1 2025.