Cogent Total Stockholder Equity vs Other Assets Analysis

CCOI Stock  USD 59.44  0.29  0.49%   
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 Total Stockholder Equity and its Other Assets 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.

Total Stockholder Equity vs Other Assets

Total Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogent Communications Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cogent Communications' Total Stockholder Equity and Other Assets is -0.14. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets 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' Total Stockholder Equity and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Cogent Communications Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Cogent Communications' Total Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Assets

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 Expense67.1M67.6M106.8M112.1M
Depreciation And Amortization83.3M97.9M232.2M243.8M

Cogent Communications fundamental ratios Correlations

0.850.980.980.650.791.00.30.90.430.95-0.31.00.8-0.450.68-0.30.290.190.940.930.340.960.940.730.88
0.850.850.820.170.820.860.510.99-0.10.810.050.820.78-0.450.870.050.480.410.980.970.570.970.890.890.67
0.980.850.970.610.790.980.280.90.410.93-0.330.980.72-0.470.73-0.330.260.160.940.930.30.950.910.710.82
0.980.820.970.670.780.980.30.870.440.95-0.310.980.75-0.380.64-0.310.290.190.910.910.340.930.920.720.94
0.650.170.610.670.260.63-0.070.270.940.63-0.540.690.39-0.140.01-0.54-0.07-0.140.360.35-0.10.410.470.160.7
0.790.820.790.780.260.810.270.880.070.82-0.370.790.61-0.30.62-0.370.230.160.850.830.320.850.910.540.66
1.00.860.980.980.630.810.290.920.410.96-0.331.00.81-0.470.68-0.330.280.180.950.940.340.960.960.720.87
0.30.510.280.3-0.070.270.290.41-0.380.340.530.240.320.170.520.530.990.990.410.390.970.40.270.70.19
0.90.990.90.870.270.880.920.410.020.87-0.120.880.8-0.50.84-0.120.390.310.990.990.480.990.940.820.72
0.43-0.10.410.440.940.070.41-0.380.020.39-0.660.490.14-0.1-0.21-0.66-0.37-0.430.110.11-0.420.160.25-0.140.5
0.950.810.930.950.630.820.960.340.870.39-0.380.960.82-0.390.65-0.380.330.240.890.880.40.910.940.650.85
-0.30.05-0.33-0.31-0.54-0.37-0.330.53-0.12-0.66-0.38-0.38-0.130.290.161.00.530.61-0.13-0.110.5-0.16-0.350.4-0.28
1.00.820.980.980.690.791.00.240.880.490.96-0.380.78-0.460.63-0.380.230.130.920.910.280.940.940.670.88
0.80.780.720.750.390.610.810.320.80.140.82-0.130.78-0.60.6-0.130.330.250.810.810.450.810.840.690.67
-0.45-0.45-0.47-0.38-0.14-0.3-0.470.17-0.5-0.1-0.390.29-0.46-0.6-0.30.290.160.25-0.5-0.50.05-0.49-0.5-0.26-0.25
0.680.870.730.640.010.620.680.520.84-0.210.650.160.630.6-0.30.160.490.440.830.830.530.810.650.810.43
-0.30.05-0.33-0.31-0.54-0.37-0.330.53-0.12-0.66-0.381.0-0.38-0.130.290.160.530.61-0.13-0.110.5-0.16-0.350.41-0.28
0.290.480.260.29-0.070.230.280.990.39-0.370.330.530.230.330.160.490.530.990.380.370.980.380.260.690.2
0.190.410.160.19-0.140.160.180.990.31-0.430.240.610.130.250.250.440.610.990.30.280.960.290.160.640.11
0.940.980.940.910.360.850.950.410.990.110.89-0.130.920.81-0.50.83-0.130.380.30.990.461.00.950.830.76
0.930.970.930.910.350.830.940.390.990.110.88-0.110.910.81-0.50.83-0.110.370.280.990.450.990.940.840.78
0.340.570.30.34-0.10.320.340.970.48-0.420.40.50.280.450.050.530.50.980.960.460.450.450.360.730.27
0.960.970.950.930.410.850.960.40.990.160.91-0.160.940.81-0.490.81-0.160.380.291.00.990.450.960.830.79
0.940.890.910.920.470.910.960.270.940.250.94-0.350.940.84-0.50.65-0.350.260.160.950.940.360.960.680.82
0.730.890.710.720.160.540.720.70.82-0.140.650.40.670.69-0.260.810.410.690.640.830.840.730.830.680.62
0.880.670.820.940.70.660.870.190.720.50.85-0.280.880.67-0.250.43-0.280.20.110.760.780.270.790.820.62
Click cells to compare fundamentals

Cogent Communications Account Relationship Matchups

Cogent Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets932.1M1.0B984.6M1.0B3.5B3.6B
Short Long Term Debt Total1.0B1.2B1.3B1.4B1.8B1.9B
Other Current Liab56.0M53.2M34.9M59.0M185.9M195.2M
Total Current Liabilities89.7M94.4M81.0M120.3M373.3M392.0M
Total Stockholder Equity(203.7M)(293.2M)(373.1M)(518.6M)609.6M640.0M
Other Liab15.3M14.8M44.6M50.7M58.3M61.3M
Property Plant And Equipment Net442.4M530.0M559.6M626.0M1.9B2.0B
Current Deferred Revenue4.3M4.7M4.9M4.9M6.5M3.5M
Net Debt649.6M840.0M941.7M1.1B1.7B1.8B
Retained Earnings(684.6M)(807.8M)(909.9M)(1.1B)17.1M18.0M
Accounts Payable11.1M9.8M11.9M27.2M48.4M50.8M
Cash399.4M371.3M319.6M223.8M113.8M188.6M
Non Current Assets Total456.4M544.1M575.0M644.3M3.0B3.1B
Non Currrent Assets Other13.7M14.1M15.4M18.2M23.4M24.6M
Other Assets14.0M14.1M15.4M18.2M1.00.95
Long Term Debt782.5M869.7M394.1M944.3M945.6M992.9M
Cash And Short Term Investments399.4M371.3M319.6M223.8M113.8M189.2M
Common Stock Shares Outstanding46.1M46.7M47.0M47.2M47.8M39.9M
Liabilities And Stockholders Equity932.1M1.0B984.6M1.0B3.5B3.6B
Non Current Liabilities Total1.0B1.2B1.3B1.4B2.5B2.6B
Other Current Assets35.8M40.9M39.0M45.9M80.6M84.6M
Other Stockholder Equity493.2M515.9M547.7M575.1M606.8M446.9M
Total Liab1.1B1.3B1.4B1.5B2.9B3.0B
Property Plant And Equipment Gross442.4M530.0M1.6B1.7B3.3B3.5B
Total Current Assets475.7M456.3M409.6M365.9M513.6M539.3M
Accumulated Other Comprehensive Income(12.3M)(1.3M)(11.0M)(19.2M)(14.4M)(13.7M)
Short Term Debt18.3M26.9M29.2M29.2M132.6M139.2M
Property Plant Equipment368.9M430.3M457.9M544.4M626.1M360.1M
Net Receivables40.5M44.2M41.9M44.1M319.3M335.2M
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 Total782.5M869.7M394.1M497.9M572.6M647.1M
Capital Surpluse493.2M515.9M547.7M575.1M661.3M543.1M
Capital Lease Obligations266.6M341.6M369.9M410.8M882.6M926.7M
Non Current Liabilities Other263.7M329.5M(112.1M)82.6M61.6M71.4M
Accumulated Depreciation(997.9M)(1.1B)(1.2B)(1.2B)(1.1B)(1.1B)

Currently Active Assets on Macroaxis

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:
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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.