Cogent Other Operating Expenses vs Gross Profit Analysis
CCOI Stock | USD 82.57 0.07 0.08% |
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 Other Operating Expenses and its Gross Profit 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 closely tied with the direction of predictive economic indicators such as signals in persons.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogent Communications Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cogent Communications' Other Operating Expenses and Gross Profit is 0.52. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit 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' Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Cogent Communications Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Cogent Communications' Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cogent Communications Group minus its cost of goods sold. It is profit before Cogent Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 closely tied 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 | 89.2M | 92.2M | 232.2M | 243.8M |
Cogent Communications fundamental ratios Correlations
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Cogent Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cogent Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 932.1M | 1.0B | 984.6M | 1.0B | 3.2B | 3.4B | |
Short Long Term Debt Total | 1.0B | 1.2B | 1.3B | 1.4B | 1.8B | 1.9B | |
Other Current Liab | 56.0M | 47.2M | 30.7M | 62.9M | 144.0M | 151.2M | |
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 | 1.8B | 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 | 75.1M | 71.3M | |
Non Current Assets Total | 456.4M | 544.1M | 575.0M | 644.3M | 2.7B | 2.8B | |
Non Currrent Assets Other | 13.7M | 14.1M | 15.4M | 18.2M | 325.8M | 342.1M | |
Other Assets | 14.0M | 14.1M | 15.4M | 18.2M | 262.2M | 275.3M | |
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 | 75.1M | 71.3M | |
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 | 3.2B | 3.4B | |
Non Current Liabilities Total | 1.0B | 1.2B | 1.3B | 1.4B | 2.2B | 2.3B | |
Other Current Assets | 35.8M | 40.9M | 48.0M | 98.0M | 119.3M | 125.2M | |
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 | 2.6B | 2.7B | |
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 | 32.8M | 33.5M | 49.5M | 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: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 closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Telecommunication Services space 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 3.88 | Earnings Share 0.69 | Revenue Per Share 20.531 | Quarterly Revenue Growth (0.09) |
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.