Cogent Property Plant And Equipment Net vs Total Stockholder Equity Analysis

CCOI Stock  USD 82.19  0.38  0.46%   
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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogent Communications Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cogent Communications' Property Plant And Equipment Net and Total Stockholder Equity is 0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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' Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Cogent Communications Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Cogent Communications' Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
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 Expense67.1M67.6M106.8M112.1M
Depreciation And Amortization89.2M92.2M232.2M243.8M

Cogent Communications fundamental ratios Correlations

0.860.960.980.640.791.00.320.920.410.95-0.511.00.980.960.69-0.510.30.210.920.90.360.940.950.750.87
0.860.870.820.170.820.860.510.98-0.10.81-0.160.820.750.70.87-0.160.480.410.990.930.570.980.890.890.71
0.960.870.950.540.810.960.320.920.340.92-0.510.960.930.910.78-0.510.290.20.920.90.330.940.90.720.79
0.980.820.950.670.780.980.30.880.440.95-0.530.980.970.960.64-0.530.290.190.880.880.340.910.920.720.94
0.640.170.540.670.260.63-0.070.280.940.63-0.670.680.760.80.01-0.67-0.07-0.140.290.31-0.10.350.470.160.63
0.790.820.810.780.260.810.270.880.070.82-0.520.790.740.730.62-0.520.230.160.850.890.320.850.910.540.7
1.00.860.960.980.630.810.290.920.410.96-0.551.00.980.950.68-0.550.280.180.930.910.340.950.960.720.87
0.320.510.320.3-0.070.270.290.41-0.380.340.430.250.160.210.520.430.990.990.430.320.970.420.270.70.21
0.920.980.920.880.280.880.920.410.040.87-0.340.890.840.780.84-0.340.380.31.00.970.481.00.950.820.76
0.41-0.10.340.440.940.070.41-0.380.040.39-0.720.470.570.62-0.21-0.72-0.37-0.430.040.07-0.420.10.25-0.140.42
0.950.810.920.950.630.820.960.340.870.39-0.580.960.940.920.65-0.580.330.240.870.910.40.890.940.650.87
-0.51-0.16-0.51-0.53-0.67-0.52-0.550.43-0.34-0.72-0.58-0.59-0.66-0.64-0.021.00.440.53-0.3-0.430.41-0.34-0.550.18-0.47
1.00.820.960.980.680.791.00.250.890.470.96-0.590.990.970.64-0.590.240.140.90.880.290.920.940.680.87
0.980.750.930.970.760.740.980.160.840.570.94-0.660.990.970.56-0.660.150.050.840.830.20.870.910.610.86
0.960.70.910.960.80.730.950.210.780.620.92-0.640.970.970.53-0.640.190.10.780.780.210.820.870.580.87
0.690.870.780.640.010.620.680.520.84-0.210.65-0.020.640.560.53-0.020.490.440.850.80.530.830.650.810.48
-0.51-0.16-0.51-0.53-0.67-0.52-0.550.43-0.34-0.72-0.581.0-0.59-0.66-0.64-0.020.440.53-0.3-0.430.41-0.34-0.550.18-0.47
0.30.480.290.29-0.070.230.280.990.38-0.370.330.440.240.150.190.490.440.990.410.310.980.40.260.690.21
0.210.410.20.19-0.140.160.180.990.3-0.430.240.530.140.050.10.440.530.990.330.230.960.310.160.640.13
0.920.990.920.880.290.850.930.431.00.040.87-0.30.90.840.780.85-0.30.410.330.960.51.00.940.850.76
0.90.930.90.880.310.890.910.320.970.070.91-0.430.880.830.780.8-0.430.310.230.960.420.960.960.730.8
0.360.570.330.34-0.10.320.340.970.48-0.420.40.410.290.20.210.530.410.980.960.50.420.480.360.730.31
0.940.980.940.910.350.850.950.421.00.10.89-0.340.920.870.820.83-0.340.40.311.00.960.480.950.840.8
0.950.890.90.920.470.910.960.270.950.250.94-0.550.940.910.870.65-0.550.260.160.940.960.360.950.680.85
0.750.890.720.720.160.540.720.70.82-0.140.650.180.680.610.580.810.180.690.640.850.730.730.840.680.64
0.870.710.790.940.630.70.870.210.760.420.87-0.470.870.860.870.48-0.470.210.130.760.80.310.80.850.64
Click cells to compare fundamentals

Cogent Communications Account Relationship Matchups

Cogent Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets932.1M1.0B984.6M1.0B3.2B3.4B
Short Long Term Debt Total1.0B1.2B1.3B1.4B1.8B1.9B
Other Current Liab56.0M47.2M30.7M62.9M144.0M151.2M
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 Debt649.6M840.0M941.7M1.1B1.8B1.8B
Retained Earnings(684.6M)(807.8M)(909.9M)(1.1B)17.1M18.0M
Accounts Payable11.1M9.8M11.9M27.2M48.4M50.8M
Cash399.4M371.3M319.6M223.8M75.1M71.3M
Non Current Assets Total456.4M544.1M575.0M644.3M2.7B2.8B
Non Currrent Assets Other13.7M14.1M15.4M18.2M325.8M342.1M
Other Assets14.0M14.1M15.4M18.2M262.2M275.3M
Long Term Debt782.5M869.7M394.1M944.3M945.6M992.9M
Cash And Short Term Investments399.4M371.3M319.6M223.8M75.1M71.3M
Common Stock Shares Outstanding46.1M46.7M47.0M47.2M47.8M39.9M
Liabilities And Stockholders Equity932.1M1.0B984.6M1.0B3.2B3.4B
Non Current Liabilities Total1.0B1.2B1.3B1.4B2.2B2.3B
Other Current Assets35.8M40.9M48.0M98.0M119.3M125.2M
Other Stockholder Equity493.2M515.9M547.7M575.1M606.8M446.9M
Total Liab1.1B1.3B1.4B1.5B2.6B2.7B
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 Debt18.3M32.8M33.5M49.5M132.6M139.2M
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)

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.