Cogent Communications Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Cogent Communications Holdings has a total shareholder equity of $609.6M and total debt of $984.3M, which brings its debt-to-equity ratio to 161.5%. Its total assets and total liabilities are $3.2B and $2.6B respectively.
Key information
161.5%
Debt to equity ratio
US$984.25m
Debt
Interest coverage ratio | n/a |
Cash | US$75.09m |
Equity | US$609.56m |
Total liabilities | US$2.60b |
Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGM1's short term assets ($513.6M) exceed its short term liabilities ($373.3M).
Long Term Liabilities: OGM1's short term assets ($513.6M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: OGM1's net debt to equity ratio (149.2%) is considered high.
Reducing Debt: OGM1 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: OGM1's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if OGM1's interest payments on its debt are well covered by EBIT.