Cogent Net Debt vs Total Current Liabilities Analysis

CCOI Stock

USD 59.81 0.37 0.62%

Cogent Communications financial indicator trend analysis is way more than just evaluating Cogent Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cogent Communications is a good investment. Please check the relationship between Cogent Communications Net Debt and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Communications Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogent Communications Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Cogent Communications' Net Debt and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Cogent Communications Group, assuming nothing else is changed. The correlation between historical values of Cogent Communications' Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cogent Communications Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Cogent Communications' Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on Cogent Communications balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cogent Communications Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Cogent Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cogent Communications current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Communications Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

As of now, Cogent Communications' Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	67.1M	67.6M	106.8M	112.1M
Depreciation And Amortization	83.3M	97.9M	232.2M	243.8M

Interest Expense Depreciation And Amortization

Cogent Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.85	0.98	0.98	0.65	0.79	1.0	0.3	0.9	0.43	0.95	-0.3	1.0	0.8	-0.45	0.68	-0.3	0.29	0.19	0.94	0.93	0.34	0.96	0.94	0.73	0.88
Short Long Term Debt Total	0.85		0.85	0.82	0.17	0.82	0.86	0.51	0.99	-0.1	0.81	0.05	0.82	0.78	-0.45	0.87	0.05	0.48	0.41	0.98	0.97	0.57	0.97	0.89	0.89	0.67
Other Current Liab	0.98	0.85		0.97	0.61	0.79	0.98	0.28	0.9	0.41	0.93	-0.33	0.98	0.72	-0.47	0.73	-0.33	0.26	0.16	0.94	0.93	0.3	0.95	0.91	0.71	0.82
Total Current Liabilities	0.98	0.82	0.97		0.67	0.78	0.98	0.3	0.87	0.44	0.95	-0.31	0.98	0.75	-0.38	0.64	-0.31	0.29	0.19	0.91	0.91	0.34	0.93	0.92	0.72	0.94
Total Stockholder Equity	0.65	0.17	0.61	0.67		0.26	0.63	-0.07	0.27	0.94	0.63	-0.54	0.69	0.39	-0.14	0.01	-0.54	-0.07	-0.14	0.36	0.35	-0.1	0.41	0.47	0.16	0.7
Other Liab	0.79	0.82	0.79	0.78	0.26		0.81	0.27	0.88	0.07	0.82	-0.37	0.79	0.61	-0.3	0.62	-0.37	0.23	0.16	0.85	0.83	0.32	0.85	0.91	0.54	0.66
Property Plant And Equipment Net	1.0	0.86	0.98	0.98	0.63	0.81		0.29	0.92	0.41	0.96	-0.33	1.0	0.81	-0.47	0.68	-0.33	0.28	0.18	0.95	0.94	0.34	0.96	0.96	0.72	0.87
Current Deferred Revenue	0.3	0.51	0.28	0.3	-0.07	0.27	0.29		0.41	-0.38	0.34	0.53	0.24	0.32	0.17	0.52	0.53	0.99	0.99	0.41	0.39	0.97	0.4	0.27	0.7	0.19
Net Debt	0.9	0.99	0.9	0.87	0.27	0.88	0.92	0.41		0.02	0.87	-0.12	0.88	0.8	-0.5	0.84	-0.12	0.39	0.31	0.99	0.99	0.48	0.99	0.94	0.82	0.72
Retained Earnings	0.43	-0.1	0.41	0.44	0.94	0.07	0.41	-0.38	0.02		0.39	-0.66	0.49	0.14	-0.1	-0.21	-0.66	-0.37	-0.43	0.11	0.11	-0.42	0.16	0.25	-0.14	0.5
Accounts Payable	0.95	0.81	0.93	0.95	0.63	0.82	0.96	0.34	0.87	0.39		-0.38	0.96	0.82	-0.39	0.65	-0.38	0.33	0.24	0.89	0.88	0.4	0.91	0.94	0.65	0.85
Cash	-0.3	0.05	-0.33	-0.31	-0.54	-0.37	-0.33	0.53	-0.12	-0.66	-0.38		-0.38	-0.13	0.29	0.16	1.0	0.53	0.61	-0.13	-0.11	0.5	-0.16	-0.35	0.4	-0.28
Non Current Assets Total	1.0	0.82	0.98	0.98	0.69	0.79	1.0	0.24	0.88	0.49	0.96	-0.38		0.78	-0.46	0.63	-0.38	0.23	0.13	0.92	0.91	0.28	0.94	0.94	0.67	0.88
Non Currrent Assets Other	0.8	0.78	0.72	0.75	0.39	0.61	0.81	0.32	0.8	0.14	0.82	-0.13	0.78		-0.6	0.6	-0.13	0.33	0.25	0.81	0.81	0.45	0.81	0.84	0.69	0.67
Other Assets	-0.45	-0.45	-0.47	-0.38	-0.14	-0.3	-0.47	0.17	-0.5	-0.1	-0.39	0.29	-0.46	-0.6		-0.3	0.29	0.16	0.25	-0.5	-0.5	0.05	-0.49	-0.5	-0.26	-0.25
Long Term Debt	0.68	0.87	0.73	0.64	0.01	0.62	0.68	0.52	0.84	-0.21	0.65	0.16	0.63	0.6	-0.3		0.16	0.49	0.44	0.83	0.83	0.53	0.81	0.65	0.81	0.43
Cash And Short Term Investments	-0.3	0.05	-0.33	-0.31	-0.54	-0.37	-0.33	0.53	-0.12	-0.66	-0.38	1.0	-0.38	-0.13	0.29	0.16		0.53	0.61	-0.13	-0.11	0.5	-0.16	-0.35	0.41	-0.28
Common Stock Total Equity	0.29	0.48	0.26	0.29	-0.07	0.23	0.28	0.99	0.39	-0.37	0.33	0.53	0.23	0.33	0.16	0.49	0.53		0.99	0.38	0.37	0.98	0.38	0.26	0.69	0.2
Common Stock Shares Outstanding	0.19	0.41	0.16	0.19	-0.14	0.16	0.18	0.99	0.31	-0.43	0.24	0.61	0.13	0.25	0.25	0.44	0.61	0.99		0.3	0.28	0.96	0.29	0.16	0.64	0.11
Non Current Liabilities Total	0.94	0.98	0.94	0.91	0.36	0.85	0.95	0.41	0.99	0.11	0.89	-0.13	0.92	0.81	-0.5	0.83	-0.13	0.38	0.3		0.99	0.46	1.0	0.95	0.83	0.76
Other Current Assets	0.93	0.97	0.93	0.91	0.35	0.83	0.94	0.39	0.99	0.11	0.88	-0.11	0.91	0.81	-0.5	0.83	-0.11	0.37	0.28	0.99		0.45	0.99	0.94	0.84	0.78
Other Stockholder Equity	0.34	0.57	0.3	0.34	-0.1	0.32	0.34	0.97	0.48	-0.42	0.4	0.5	0.28	0.45	0.05	0.53	0.5	0.98	0.96	0.46	0.45		0.45	0.36	0.73	0.27
Total Liab	0.96	0.97	0.95	0.93	0.41	0.85	0.96	0.4	0.99	0.16	0.91	-0.16	0.94	0.81	-0.49	0.81	-0.16	0.38	0.29	1.0	0.99	0.45		0.96	0.83	0.79
Property Plant And Equipment Gross	0.94	0.89	0.91	0.92	0.47	0.91	0.96	0.27	0.94	0.25	0.94	-0.35	0.94	0.84	-0.5	0.65	-0.35	0.26	0.16	0.95	0.94	0.36	0.96		0.68	0.82
Total Current Assets	0.73	0.89	0.71	0.72	0.16	0.54	0.72	0.7	0.82	-0.14	0.65	0.4	0.67	0.69	-0.26	0.81	0.41	0.69	0.64	0.83	0.84	0.73	0.83	0.68		0.62
Short Term Debt	0.88	0.67	0.82	0.94	0.7	0.66	0.87	0.19	0.72	0.5	0.85	-0.28	0.88	0.67	-0.25	0.43	-0.28	0.2	0.11	0.76	0.78	0.27	0.79	0.82	0.62

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Cogent Communications Account Relationship Matchups

Cogent Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	932.1M	1.0B	984.6M	1.0B	3.5B	3.6B
Short Long Term Debt Total	1.0B	1.2B	1.3B	1.4B	1.8B	1.9B
Other Current Liab	56.0M	53.2M	34.9M	59.0M	185.9M	195.2M
Total Current Liabilities	89.7M	94.4M	81.0M	120.3M	373.3M	392.0M
Total Stockholder Equity	(203.7M)	(293.2M)	(373.1M)	(518.6M)	609.6M	640.0M
Other Liab	15.3M	14.8M	44.6M	50.7M	58.3M	61.3M
Property Plant And Equipment Net	442.4M	530.0M	559.6M	626.0M	1.9B	2.0B
Current Deferred Revenue	4.3M	4.7M	4.9M	4.9M	6.5M	3.5M
Net Debt	649.6M	840.0M	941.7M	1.1B	1.7B	1.8B
Retained Earnings	(684.6M)	(807.8M)	(909.9M)	(1.1B)	17.1M	18.0M
Accounts Payable	11.1M	9.8M	11.9M	27.2M	48.4M	50.8M
Cash	399.4M	371.3M	319.6M	223.8M	113.8M	188.6M
Non Current Assets Total	456.4M	544.1M	575.0M	644.3M	3.0B	3.1B
Non Currrent Assets Other	13.7M	14.1M	15.4M	18.2M	23.4M	24.6M
Other Assets	14.0M	14.1M	15.4M	18.2M	1.0	0.95
Long Term Debt	782.5M	869.7M	394.1M	944.3M	945.6M	992.9M
Cash And Short Term Investments	399.4M	371.3M	319.6M	223.8M	113.8M	189.2M
Common Stock Shares Outstanding	46.1M	46.7M	47.0M	47.2M	47.8M	39.9M
Liabilities And Stockholders Equity	932.1M	1.0B	984.6M	1.0B	3.5B	3.6B
Non Current Liabilities Total	1.0B	1.2B	1.3B	1.4B	2.5B	2.6B
Other Current Assets	35.8M	40.9M	39.0M	45.9M	80.6M	84.6M
Other Stockholder Equity	493.2M	515.9M	547.7M	575.1M	606.8M	446.9M
Total Liab	1.1B	1.3B	1.4B	1.5B	2.9B	3.0B
Property Plant And Equipment Gross	442.4M	530.0M	1.6B	1.7B	3.3B	3.5B
Total Current Assets	475.7M	456.3M	409.6M	365.9M	513.6M	539.3M
Accumulated Other Comprehensive Income	(12.3M)	(1.3M)	(11.0M)	(19.2M)	(14.4M)	(13.7M)
Short Term Debt	18.3M	26.9M	29.2M	29.2M	132.6M	139.2M
Property Plant Equipment	368.9M	430.3M	457.9M	544.4M	626.1M	360.1M
Net Receivables	40.5M	44.2M	41.9M	44.1M	319.3M	335.2M
Net Tangible Assets	(203.7M)	(293.2M)	(373.1M)	(518.6M)	(466.8M)	(443.4M)
Retained Earnings Total Equity	(684.6M)	(807.8M)	(909.9M)	(1.1B)	(967.1M)	(918.8M)
Long Term Debt Total	782.5M	869.7M	394.1M	497.9M	572.6M	647.1M
Capital Surpluse	493.2M	515.9M	547.7M	575.1M	661.3M	543.1M
Capital Lease Obligations	266.6M	341.6M	369.9M	410.8M	882.6M	926.7M
Non Current Liabilities Other	263.7M	329.5M	(112.1M)	82.6M	61.6M	71.4M
Accumulated Depreciation	(997.9M)	(1.1B)	(1.2B)	(1.2B)	(1.1B)	(1.1B)

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When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:

How To Invest In Cogent

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Is Cogent Stock a good investment?

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What is Cogent Communications' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Communications Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Cogent Communications' price analysis, check to measure Cogent Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.

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Is Cogent Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

228.092

Dividend Share

3.8

Earnings Share

25.11

Revenue Per Share

20.793

Quarterly Revenue Growth

0.645

The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cogent Net Debt vs Total Current Liabilities Analysis

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Liabilities

Cogent Communications fundamental ratios Correlations

Cogent Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cogent Communications fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Net Debt	+ 0.99	Short Long Term Debt Total

Cash And Short Term Investments	- 0.66	Retained Earnings
Cash	- 0.66	Retained Earnings
Other Assets	- 0.6	Non Currrent Assets Other
Cash And Short Term Investments	- 0.54	Total Stockholder Equity
Cash	- 0.54	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.5	Other Assets