Cogent Communications Group Inc (CCOI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -179,520 | -197,763 | -190,492 | -186,991 | -112,327 | -33,539 | 45,114 | 109,284 | 113,756 | 122,610 | 123,071 | 121,716 | 119,223 | 110,442 | 107,922 | 107,285 | 106,844 | 107,493 | 107,256 | 101,704 |
| Total assets | US$ in thousands | 3,173,100 | 3,204,090 | 3,344,170 | 3,145,410 | 3,473,840 | 2,961,680 | 3,162,740 | 998,412 | 1,010,180 | 1,020,700 | 1,014,580 | 969,769 | 984,557 | 1,008,750 | 1,010,750 | 852,962 | 1,000,480 | 1,000,910 | 1,005,400 | 913,625 |
| Operating ROA | -5.66% | -6.17% | -5.70% | -5.94% | -3.23% | -1.13% | 1.43% | 10.95% | 11.26% | 12.01% | 12.13% | 12.55% | 12.11% | 10.95% | 10.68% | 12.58% | 10.68% | 10.74% | 10.67% | 11.13% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-179,520K ÷ $3,173,100K
= -5.66%
Operating return on assets (operating ROA) for Cogent Communications Group Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The trend initially showed improvement, starting at 11.13% in March 2020, reaching a peak of 12.55% in March 2022. However, a downward trend began thereafter, with operating ROA declining to negative values by June 2023 (-1.43%) and turning even more negative by December 2024 (-5.66%). This indicates a drop in operating efficiency and profitability relative to the company's asset base. Further analysis would be needed to understand the factors contributing to this deterioration in operating ROA.
Peer comparison
Dec 31, 2024