Co-Diagnostics

Co-Diagnostics Debt/EBITDA

The Total Debt to EBITDA Ratio of Co-Diagnostics (CODX) as of Nov 2, 2026 is -0.04. In the previous year, Total Debt to EBITDA Ratio was -0.06 — a change of -28.91% (higher).

Debt/EBITDA

-0.04

YoY

-28.91%

Last updated:

Total Debt to EBITDA Ratio of Co-Diagnostics is 2025 -0.04 . Total Debt to EBITDA Ratio of Co-Diagnostics was 2024 -0.06 . It decreases by -28.91% higher compared to the previous year.

The Co-Diagnostics Debt/EBITDA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt/EBITDA
Date
Debt/EBITDA
Jan 1, 2016
-2.06 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
-0.31 USD
Jan 1, 2021
0.13 USD
Jan 1, 2022
-0.01 USD
Jan 1, 2023
-0.07 USD
Jan 1, 2024
-0.06 USD
Jan 1, 2025
-0.04 USD
The Co-Diagnostics Debt/EBITDA history
YEARDebt/EBITDAYoY
-0.04-28.91%
-0.06-22.88%
-0.07+432.62%
-0.01-110.34%
0.13-141.73%
-0.31—
0.00-100.00%
-2.06+292.55%
-0.52—

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Co-Diagnostics Stock analysis

What does Co-Diagnostics do? Co-Diagnostics, Inc. develops and sells diagnostic tests using proprietary reagents and a test design system for diseases and pathogens including tuberculosis, drug-resistant tuberculosis, hepatitis B and C, malaria, dengue, HIV, and Zika virus. The company also markets self-contained lab systems (MDx devices) from other manufacturers. Its products are sold to laboratories and healthcare providers for molecular testing of organisms and genetic diseases, automating complex procedures in test development and administration. The firm generates revenue through the sale of diagnostic reagents, validated tests, and MDx devices. The company's diagnostic technology focuses on nucleic acid detection and analysis, enabling molecular testing for various pathogens and genetic conditions. Its proprietary system allows for the design and validation of tests in-house, which are then marketed to healthcare institutions. Revenue streams include reagent sales, test kits, and equipment from partner manufacturers. Co-Diagnostics, Inc. targets laboratories and healthcare providers as key customers for its diagnostic solutions. The firm's products are designed to streamline molecular testing processes, reducing the complexity of traditional methods. This approach supports the company's revenue model based on direct sales of its proprietary tests and complementary equipment. Co-Diagnostics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Co-Diagnostics stock

Total Debt to EBITDA Ratio of Co-Diagnostics is -0.04 in 2025.

Total Debt to EBITDA Ratio of Co-Diagnostics changed from -0.06 to -0.04, representing a -28.91% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Total Debt to EBITDA Ratio Co-Diagnostics since 2006 – with annual values, charts, and detailed analysis.

Debt/EBITDA measures total debt relative to earnings before interest, taxes, depreciation, and amortization. It indicates the years needed to repay all debt from EBITDA.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Total Debt to EBITDA Ratio's Co-Diagnostics with sector peers and the industry average to assess whether it is attractive.

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Leverage — Co-Diagnostics

All Key Metrics — Co-Diagnostics