Cogent Communications Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Cogent Communications Holdings has a total shareholder equity of $323.6M and total debt of $1.5B, which brings its debt-to-equity ratio to 453.8%. Its total assets and total liabilities are $3.2B and $2.9B respectively.
Key information
453.8%
Debt to equity ratio
US$1.47b
Debt
| Interest coverage ratio | n/a |
| Cash | US$279.19m |
| Equity | US$323.55m |
| Total liabilities | US$2.88b |
| Total assets | US$3.20b |
Recent financial health updates
Recent updates
Would Cogent Communications Holdings (NASDAQ:CCOI) Be Better Off With Less Debt?
Oct 22
Some Confidence Is Lacking In Cogent Communications Holdings, Inc.'s (NASDAQ:CCOI) P/S
Sep 25Cogent Communications: Navigating The Stock's Surge, Assessing Valuation And Future Growth
Sep 20Cogent Communications: Enjoy Attractive Dividend Yield While The Business Grows Steadily
Jul 04Cogent Communications Holdings, Inc.'s (NASDAQ:CCOI) Intrinsic Value Is Potentially 63% Above Its Share Price
Jul 06Returns On Capital At Cogent Communications Holdings (NASDAQ:CCOI) Have Hit The Brakes
Jun 09Cogent Communications Holdings, Inc.'s (NASDAQ:CCOI) Intrinsic Value Is Potentially 25% Below Its Share Price
Feb 05Returns At Cogent Communications Holdings (NASDAQ:CCOI) Are On The Way Up
Dec 13Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Shares Could Be 45% Below Their Intrinsic Value Estimate
Oct 16Cogent Communications dips as Credit Suisse downgrades on weaker growth prospects
Oct 11Cogent Communications Holdings: A Speculative Strong Buy For Dividend Investors
Sep 13Financial Position Analysis
Short Term Liabilities: CCOI's short term assets ($569.4M) exceed its short term liabilities ($280.6M).
Long Term Liabilities: CCOI's short term assets ($569.4M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CCOI's net debt to equity ratio (367.5%) is considered high.
Reducing Debt: CCOI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CCOI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CCOI's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cogent Communications Holdings, Inc. is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| David Barden | BofA Global Research |
| Walter Piecyk | BTIG |