Co-Diagnostics

Co-Diagnostics EBIT/Assets

The Operating Income to Assets Ratio (EBIT/Assets) of Co-Diagnostics (CODX) as of Oct 21, 2026 is -126.44 %. In the previous year, Operating Income to Assets Ratio (EBIT/Assets) was -62.63 % — a change of 101.89% (lower).

EBIT/Assets

-126.44 %

YoY

101.89%

Last updated:

Operating Income to Assets Ratio (EBIT/Assets) of Co-Diagnostics is 2025 -126.44 % . Operating Income to Assets Ratio (EBIT/Assets) of Co-Diagnostics was 2024 -62.63 % . It decreases by 101.89% lower compared to the previous year.

The Co-Diagnostics EBIT/Assets history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT/Assets
Date
EBIT/Assets
Jan 1, 2018
-395.11 USD
Jan 1, 2019
-274.86 USD
Jan 1, 2020
58.53 USD
Jan 1, 2021
28.78 USD
Jan 1, 2022
-21.92 USD
Jan 1, 2023
-44.80 USD
Jan 1, 2024
-62.63 USD
Jan 1, 2025
-126.44 USD
The Co-Diagnostics EBIT/Assets history
YEAREBIT/AssetsYoY
-126.44 %+101.89%
-62.63 %+39.78%
-44.80 %+104.40%
-21.92 %-176.15%
28.78 %-50.82%
58.53 %-121.29%
-274.86 %-30.43%
-395.11 %+177.06%
-142.61 %+9.48%
-130.26 %-75.45%
-530.55 %+33.28%
-398.07 %—

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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

Operating Income to Assets Ratio (EBIT/Assets) of Co-Diagnostics is -126.44 % in 2025.

Operating Income to Assets Ratio (EBIT/Assets) of Co-Diagnostics changed from -62.63 % to -126.44 %, representing a 101.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Operating Income to Assets Ratio (EBIT/Assets) Co-Diagnostics since 2006 – with annual values, charts, and detailed analysis.

EBIT/Assets measures operating profitability relative to total assets, providing an unlevered view of asset efficiency that is comparable across capital structures.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Operating Income to Assets Ratio (EBIT/Assets)'s Co-Diagnostics with sector peers and the industry average to assess whether it is attractive.

To evaluate Operating Income to Assets Ratio (EBIT/Assets)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Operating Income to Assets Ratio (EBIT/Assets).

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Profitability — Co-Diagnostics

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