Cogent Historical Income Statement

CCOI Stock  USD 64.96  0.64  1.00%   
Historical analysis of Cogent Communications income statement accounts such as Interest Expense of 112.1 M, Selling General Administrative of 289.1 M or Other Operating Expenses of 1.1 B can show how well Cogent Communications Group performed in making a profits. Evaluating Cogent Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cogent Communications's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cogent Communications latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cogent Communications is a good buy for the upcoming year.
  
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.

About Cogent Income Statement Analysis

Cogent Communications Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cogent Communications shareholders. The income statement also shows Cogent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cogent Communications Income Statement Chart

Cogent Communications Group Income Statement is one of the three primary financial statements used for reporting Cogent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cogent Communications revenue and expense. Cogent Communications Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Cogent Communications' Other Operating Expenses is increasing as compared to previous years. The Cogent Communications' current Cost Of Revenue is estimated to increase to about 815.3 M, while Operating Income is forecasted to increase to (105.3 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cogent Communications. It is also known as Cogent Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Cogent Communications income statement and represents the costs associated with goods and services Cogent Communications provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Cogent Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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' Other Operating Expenses is increasing as compared to previous years. The Cogent Communications' current Cost Of Revenue is estimated to increase to about 815.3 M, while Operating Income is forecasted to increase to (105.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense67.1M67.6M106.8M112.1M
Depreciation And Amortization83.3M97.9M232.2M243.8M

Cogent Communications income statement Correlations

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Cogent Communications Account Relationship Matchups

Cogent Communications income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization89.1M84.5M83.3M97.9M232.2M243.8M
Interest Expense57.5M62.5M67.1M67.6M106.8M112.1M
Selling General Administrative146.9M158.5M162.4M163.0M275.3M289.1M
Other Operating Expenses447.0M461.1M478.0M483.4M1.1B1.1B
Operating Income100.3M106.9M119.2M114.0M(110.8M)(105.3M)
Ebit100.3M106.9M119.2M114.0M(110.8M)(105.3M)
Ebitda189.3M191.4M202.5M211.9M121.4M68.8M
Cost Of Revenue219.8M219.2M226.3M228.2M776.4M815.3M
Total Operating Expenses227.2M242.0M251.6M255.2M275.3M182.0M
Income Before Tax52.7M10.3M71.4M26.4M1.2B1.3B
Total Other Income Expense Net(47.6M)(96.6M)(47.8M)(87.6M)1.3B1.4B
Net Income37.5M6.2M48.2M5.1M1.3B1.3B
Income Tax Expense15.2M4.1M23.2M21.2M(54.0M)(51.3M)
Total Revenue546.2M568.1M589.8M599.6M940.9M988.0M
Gross Profit326.4M348.9M363.5M371.5M164.5M193.1M
Net Income Applicable To Common Shares37.5M6.2M48.2M5.1M4.6M4.4M
Net Income From Continuing Ops37.5M6.2M48.2M5.1M1.3B1.3B
Non Operating Income Net Other9.9M2.9M(13.3M)(39.7M)(35.7M)(33.9M)
Selling And Marketing Expenses146.9M158.5M162.4M163.0M187.5M140.1M
Non Recurring(1.1M)(352K)(18K)2.2M2.6M2.7M
Tax Provision15.2M4.1M23.2M21.2M(54.0M)(51.3M)
Interest Income9.9M978K1.4M3.4M35.7M37.5M
Net Interest Income(47.6M)(61.5M)(65.6M)(64.1M)(71.1M)(74.6M)
Reconciled Depreciation80.2M83.5M89.2M92.2M232.2M243.8M

Cogent Communications Investors Sentiment

The influence of Cogent Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cogent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cogent Communications' public news can be used to forecast risks associated with an investment in Cogent. The trend in average sentiment can be used to explain how an investor holding Cogent can time the market purely based on public headlines and social activities around Cogent Communications Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cogent Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cogent Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cogent Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cogent Communications.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cogent Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cogent Communications' short interest history, or implied volatility extrapolated from Cogent Communications options trading.

Pair Trading with Cogent Communications

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cogent Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cogent Communications will appreciate offsetting losses from the drop in the long position's value.

Moving against Cogent Stock

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The ability to find closely correlated positions to Cogent Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogent Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cogent Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cogent Communications Group to buy it.
The correlation of Cogent Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cogent Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogent Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cogent Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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
3.76
Earnings Share
26.62
Revenue Per Share
18.802
Quarterly Revenue Growth
0.702
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.