Cogent Communications Group Inc (CCOI)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -216,322 | 1,326,260 | 116,207 | 111,840 | 106,993 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 222,848 | 609,556 | -518,632 | -373,098 | -293,166 |
| Return on total capital | -97.07% | 217.58% | — | — | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-216,322K ÷ ($—K + $222,848K)
= -97.07%
Based on the data provided, Cogent Communications Group Inc had a return on total capital of \u2014217.58% for the year ending December 31, 2023, indicating a significant return compared to the total capital employed during that period. However, for the year ending December 31, 2024, the company's return on total capital was \u2014 97.07%, reflecting a negative return, which may raise concerns regarding the company's utilization of total capital and its overall financial performance. It is important for investors and stakeholders to closely monitor the company's financial management and efficiency in deploying capital to achieve sustainable returns in the future.
Peer comparison
Dec 31, 2024