Co-Diagnostics (CODX) Short-term Investments (2020 - 2025)
Co-Diagnostics (CODX) reported Short-term Investments of $2.25 million for Q2 2025, down 92.8% from $31.02 million a year earlier and down 88.5% from the prior quarter.
Co-Diagnostics (CODX) Short-term Investments (2020 - 2025) Analysis & Trends
At the end of FY2024, Co-Diagnostics posted Short-term Investments of $26.81 million, down 38.6% from FY2023.
- Short-term Investments has a four-year compound annual growth rate of 57.7% (FY2020 to FY2024).
- By year, Short-term Investments came in at $43.63 million in FY2023 (-25.1%), $58.29 million in FY2022, $1.26 million in FY2021 (-71.0%) and $4.34 million in FY2020.
- The Q2 2025 figure ranks as the lowest quarterly Short-term Investments since Q4 2021.
- Year over year, Short-term Investments has now declined in each of the last seven quarters, with growth averaging 78.7% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was Q3 2023 (growth of 967.5%); the low point was Q2 2025 (a decline of 92.8%).
- Per Business Quant data, the three quarters before Q2 2025 came in at $19.58 million (Q1 2025), $26.81 million (Q4 2024) and $26.86 million (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.06 Bn | 229.21 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 177.62 Bn | 148.71 Bn | 7.27 Bn |
| 3 | Danaher | 161.58 Bn | 145.40 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 153.84 Bn | 134.26 Bn | 2.08 Bn |
| 5 | Medtronic | 123.63 Bn | 89.50 Bn | 6.34 Bn |
| 6 | Stryker | 117.79 Bn | 103.90 Bn | 4.50 Bn |
| 7 | Boston Scientific | 66.71 Bn | 61.72 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 54.60 Bn | 51.75 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 51.95 Bn | 36.07 Bn | 1.35 Bn |
| 10 | Co-Diagnostics | 2.41 Mn | -37.93 Mn | 120,828.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 2.25 Mn |
| Mar 31, 2025 | 19.58 Mn |
| Dec 31, 2024 | 26.81 Mn |
| Sep 30, 2024 | 26.86 Mn |
| Jun 30, 2024 | 31.02 Mn |
| Mar 31, 2024 | 26.86 Mn |
| Dec 31, 2023 | 43.63 Mn |
| Sep 30, 2023 | 53.19 Mn |
| Jun 30, 2023 | 55.31 Mn |
| Mar 31, 2023 | 68.92 Mn |
| Dec 31, 2022 | 58.29 Mn |
| Sep 30, 2022 | 4.98 Mn |
| Jun 30, 2022 | 9.95 Mn |
| Dec 31, 2021 | 1.26 Mn |
| Sep 30, 2021 | 1.25 Mn |
| Jun 30, 2021 | 2.11 Mn |
| Mar 31, 2021 | 2.30 Mn |
| Dec 31, 2020 | 4.34 Mn |
| Sep 30, 2020 | 6.05 Mn |
Co-Diagnostics Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=CODX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();