Cogent Communications Holdings (CCOI) Debt Metrics
Market Cap: $3.01B
Avg Volume: 388.58K
Industry: Telecommunications Services
Sector: Communication Services
How much debt does Cogent Communications Holdings have?
According to Cogent Communications Holdings's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Cogent Communications Holdings's total debt stands at $416.15M. This is broken down into:
- Long-term debt: $416.15M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $400.82M. In terms of overall financial obligations, Cogent Communications Holdings's total liabilities amount to $2.95B.
Debt Ratios and Metrics
To better understand Cogent Communications Holdings's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.87 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 13.12% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -5.52 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 65.13% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 65.13% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Cogent Communications Holdings's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$416.15M
Long-term Debt
$416.15M
Short-term Debt
$-
Net Debt
$400.82M
Total Liabilities
$2.95B
Interest Coverage
-5.52
Debt to Equity Ratio
1.87
Debt Ratio
13.12%
Cogent Communications Holdings Historical Debt Metrics
Cogent Communications Holdings Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $416.15M | $416.15M | $- | $400.82M | $2.95B | 1.87 | 13.12% | -5.52 | 65.13% | 65.13% |
| 2023 | $1.83B | $1.70B | $132.56M | $1.75B | $2.60B | 3.00 | 56.92% | -1.21 | 60.80% | 74.99% |
| 2022 | $1.36B | $1.33B | $49.45M | $1.13B | $1.53B | -2.61 | 134.14% | 1.69 | 221.85% | 162.00% |
| 2021 | $1.26B | $1.23B | $33.54M | $941.67M | $1.36B | -3.38 | 128.11% | 1.78 | 171.98% | 142.01% |
| 2020 | $1.21B | $1.18B | $32.77M | $839.96M | $1.29B | -4.13 | 121.07% | 1.71 | 150.85% | 131.93% |
| 2019 | $1.05B | $1.03B | $24.31M | $649.62M | $1.14B | -5.15 | 112.54% | 1.75 | 135.19% | 124.09% |
| 2018 | $795.24M | $788.16M | $11.29M | $519.15M | $888.85M | -5.34 | 107.49% | 1.70 | 130.88% | 123.06% |
| 2017 | $718.18M | $711.01M | $14.34M | $471.17M | $813.13M | -7.00 | 101.07% | 1.57 | 122.38% | 116.66% |
| 2016 | $701.82M | $695.19M | $6.63M | $427.50M | $791.15M | -13.18 | 95.11% | 1.57 | 110.51% | 108.21% |
| 2015 | $581.45M | $575.21M | $9.59M | $377.86M | $675.09M | -47.38 | 87.72% | 1.28 | 102.83% | 102.16% |
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