Coda Octopus Group, Inc. CODA Savings deposits
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Where this comes from
Reported directly by Coda Octopus Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositLiabilities.
The official record: Coda Octopus Group, Inc.’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Coda Octopus Group, Inc.'s savings deposits?
- Coda Octopus Group, Inc. (CODA) reported savings deposits of $25.52M in Q1 2026.
- How has Coda Octopus Group, Inc.'s savings deposits changed year-over-year?
- Coda Octopus Group, Inc.'s savings deposits increased by 44.8% year-over-year, from $17.62M to $25.52M.
- What is the long-term trend for Coda Octopus Group, Inc.'s savings deposits?
- Over 2 years (2023 to 2025), Coda Octopus Group, Inc.'s savings deposits has grown at a 7.5% compound annual growth rate (CAGR), from $19.12M to $22.11M.
- What does savings deposits mean?
- Funds held in interest-bearing savings or money market accounts that are accessible for operational needs. This metric represents a portion of the company's liquid assets that are kept in low-risk, accessible vehicles. It serves as a buffer for working capital requirements and short-term financial stability.