Cogent Communications Group Inc (CCOI)

Debt-to-assets ratio

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
Long-term debt US$ in thousands
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
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,173,100K
= 0.00

The debt-to-assets ratio for Cogent Communications Group Inc has consistently been 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are fully financed by equity rather than debt. This could imply that the company has a conservative financing structure and is not highly leveraged, which can be viewed positively by investors and creditors as it suggests lower financial risk. However, it's essential to consider other financial metrics and additional information to assess the company's overall financial health comprehensively.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Cogent Communications Group Inc
CCOI
0.00
Calix Inc
CALX
0.00
Gogo Inc
GOGO
0.00