CODX Cash And Short Term Investments from 2010 to 2024

CODX Stock  USD 1.01  0.05  4.72%   
Co Diagnostics Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 31.2 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2016-12-31
Previous Quarter
44.9 M
Current Value
37.7 M
Quarterly Volatility
35.5 M
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Co Diagnostics over the last few years. Short Term Investments is an account in the current assets section of Co Diagnostics balance sheet. This account contains Co Diagnostics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Co Diagnostics fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Co Diagnostics' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

CODX Cash And Short Term Investments Regression Statistics

Arithmetic Mean21,044,381
Geometric Mean1,983,721
Coefficient Of Variation153.93
Mean Deviation27,061,492
Median950,237
Standard Deviation32,393,753
Sample Variance1049.4T
Range89.8M
R-Value0.73
Mean Square Error533.4T
R-Squared0.53
Significance0
Slope5,263,144
Total Sum of Squares14691T

CODX Cash And Short Term Investments History

202431.2 M
202358.5 M
202281.3 M
202189.9 M
202047.3 M
2019893.1 K
2018950.2 K

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments58.5 M31.2 M

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Additional Tools for CODX Stock Analysis

When running Co Diagnostics' price analysis, check to measure Co Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Co Diagnostics is operating at the current time. Most of Co Diagnostics' value examination focuses on studying past and present price action to predict the probability of Co Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Co Diagnostics' price. Additionally, you may evaluate how the addition of Co Diagnostics to your portfolios can decrease your overall portfolio volatility.