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 13Cogent Communications agrees to acquire T-Mobile's Wireline Business
Sep 07Why Cogent Communications Will Likely Outperform AT&T
Aug 24Financial 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.