Cogent Communications Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Cogent Communications Holdings has a total shareholder equity of $-548.5M and total debt of $994.9M, which brings its debt-to-equity ratio to -181.4%. Its total assets and total liabilities are $998.4M and $1.5B respectively. Cogent Communications Holdings's EBIT is $112.5M making its interest coverage ratio 1.3. It has cash and short-term investments of $184.1M.
Key information
-181.4%
Debt to equity ratio
US$994.89m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$184.14m |
| Equity | -US$548.55m |
| Total liabilities | US$1.55b |
| Total assets | US$998.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOI * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CCOI * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CCOI * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CCOI *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CCOI *'s debt is not well covered by operating cash flow (16.1%).
Interest Coverage: CCOI *'s interest payments on its debt are not well covered by EBIT (1.3x coverage).