Balance Sheet Data
Co-Diagnostics, Inc. (CODX)
$1.22
-0.00 (0.00%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 0.95 | 0.89 | 47.31 | 89.86 | 81.26 | 19,306.89 | 1,707,925.15 | 151,086,402.44 | 13,365,398,964.36 | 1,182,329,359,833.88 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.01 | 0.13 | 12.14 | 20.91 | 5.40 | 896.99 | 79,349.37 | 7,019,400.39 | 620,949,901.63 | 54,930,444,025.24 |
| Account Receivables (%) | ||||||||||
| Inventories | 0.02 | 0.20 | 8 | 2 | 5.31 | 1,001.89 | 88,629.28 | 7,840,319.45 | 693,570,008.67 | 61,354,560,872.82 |
| Inventories (%) | ||||||||||
| Accounts Payable | 0.15 | 0.01 | 0.60 | 0.61 | 0.95 | 2,301.90 | 203,630.26 | 18,013,531.55 | 1,593,512,269.01 | 140,965,215,174.52 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -0.04 | -0.11 | -0.77 | -0.67 | -1.43 | -981.62 | -86,836.19 | -7,681,698.98 | -679,538,131.63 | -60,113,273,557.59 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.