Cogent Communications Group Inc (CCOI) - Net Assets
Based on the latest financial reports, Cogent Communications Group Inc (CCOI) has net assets worth $-39.17 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.15 Billion) and total liabilities ($3.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CCOI strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-39.17 Million |
| % of Total Assets | -1.24% |
| Annual Growth Rate | 3.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 166.45 |
Cogent Communications Group Inc - Net Assets Trend (2000–2024)
This chart illustrates how Cogent Communications Group Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Cogent Communications Group Inc (CCOI) total market value.
Annual Net Assets for Cogent Communications Group Inc (2000–2024)
The table below shows the annual net assets of Cogent Communications Group Inc from 2000 to 2024. Also explore how fast is Cogent Communications Group Inc growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $222.85 Million | -63.44% |
| 2023-12-31 | $609.56 Million | +217.53% |
| 2022-12-31 | $-518.63 Million | -39.01% |
| 2021-12-31 | $-373.10 Million | -27.27% |
| 2020-12-31 | $-293.17 Million | -43.94% |
| 2019-12-31 | $-203.68 Million | -36.70% |
| 2018-12-31 | $-149.00 Million | -45.31% |
| 2017-12-31 | $-102.54 Million | -92.56% |
| 2016-12-31 | $-53.25 Million | -333.98% |
| 2015-12-31 | $-12.27 Million | -114.64% |
| 2014-12-31 | $83.79 Million | -56.69% |
| 2013-12-31 | $193.49 Million | +21.10% |
| 2012-12-31 | $159.78 Million | -2.57% |
| 2011-12-31 | $164.00 Million | +8.04% |
| 2010-12-31 | $151.80 Million | +5.06% |
| 2009-12-31 | $144.48 Million | +18.08% |
| 2008-12-31 | $122.36 Million | -11.87% |
| 2007-12-31 | $138.83 Million | -35.62% |
| 2006-12-31 | $215.63 Million | -2.43% |
| 2005-12-31 | $221.00 Million | +4.01% |
| 2004-12-31 | $212.49 Million | -13.18% |
| 2003-12-31 | $244.75 Million | +650.18% |
| 2002-12-31 | $32.63 Million | -70.40% |
| 2001-12-31 | $110.21 Million | +5.72% |
| 2000-12-31 | $104.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cogent Communications Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 36450200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.00K | 0.02% |
| Other Comprehensive Income | $-30.68 Million | -13.77% |
| Other Components | $629.83 Million | 282.63% |
| Total Equity | $222.85 Million | 100.00% |
Cogent Communications Group Inc Competitors by Market Cap
The table below lists competitors of Cogent Communications Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Digi Communications NV
RO:DIGI
|
$452.47 Million |
|
QUADIENT SA ADR1/15/EO 1
F:NEQ0
|
$452.52 Million |
|
Sterling and Wilson Renewable Energy Limited
NSE:SWSOLAR
|
$452.65 Million |
|
Daewoong
KO:003090
|
$452.67 Million |
|
Sichuan Kexin Mechanic Electric
SHE:300092
|
$452.14 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
$452.03 Million |
|
Kneat.com Inc
TO:KSI
|
$452.01 Million |
|
BEH Property Co Ltd
SHG:600791
|
$451.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cogent Communications Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 609,556,000 to 222,848,000, a change of -386,708,000 (-63.4%).
- Net loss of 204,074,000 reduced equity.
- Dividend payments of 189,408,000 reduced retained earnings.
- Share repurchases of 7,968,000 reduced equity.
- Other comprehensive income decreased equity by 16,300,000.
- Other factors increased equity by 31,042,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-204.07 Million | -91.58% |
| Dividends Paid | $189.41 Million | -84.99% |
| Share Repurchases | $7.97 Million | -3.58% |
| Other Comprehensive Income | $-16.30 Million | -7.31% |
| Other Changes | $31.04 Million | +13.93% |
| Total Change | $- | -63.44% |
Book Value vs Market Value Analysis
This analysis compares Cogent Communications Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 1.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $1508.26 | $9.21 | x |
| 2001-12-31 | $644.62 | $9.21 | x |
| 2002-12-31 | $200.51 | $9.21 | x |
| 2003-12-31 | $30.83 | $9.21 | x |
| 2004-12-31 | $278.30 | $9.21 | x |
| 2005-12-31 | $6.42 | $9.21 | x |
| 2006-12-31 | $4.65 | $9.21 | x |
| 2007-12-31 | $2.90 | $9.21 | x |
| 2008-12-31 | $2.75 | $9.21 | x |
| 2009-12-31 | $3.28 | $9.21 | x |
| 2010-12-31 | $3.39 | $9.21 | x |
| 2011-12-31 | $3.59 | $9.21 | x |
| 2012-12-31 | $3.51 | $9.21 | x |
| 2013-12-31 | $4.12 | $9.21 | x |
| 2014-12-31 | $1.81 | $9.21 | x |
| 2015-12-31 | $-0.27 | $9.21 | x |
| 2016-12-31 | $-1.19 | $9.21 | x |
| 2017-12-31 | $-2.27 | $9.21 | x |
| 2018-12-31 | $-3.25 | $9.21 | x |
| 2019-12-31 | $-4.42 | $9.21 | x |
| 2020-12-31 | $-6.28 | $9.21 | x |
| 2021-12-31 | $-7.94 | $9.21 | x |
| 2022-12-31 | $-10.99 | $9.21 | x |
| 2023-12-31 | $12.74 | $9.21 | x |
| 2024-12-31 | $4.68 | $9.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cogent Communications Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -91.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.70%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 14.24x
- Recent ROE (-91.58%) is below the historical average (-10.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -11.28% | 0.00% | 0.00x | 1.80x | $-22.19 Million |
| 2001 | -60.71% | -2217.13% | 0.01x | 2.90x | $-77.93 Million |
| 2002 | -281.50% | -176.92% | 0.13x | 12.50x | $-95.11 Million |
| 2003 | 57.50% | 236.85% | 0.17x | 1.41x | $116.27 Million |
| 2004 | -42.19% | -98.22% | 0.24x | 1.78x | $-110.91 Million |
| 2005 | -30.55% | -49.93% | 0.38x | 1.59x | $-89.62 Million |
| 2006 | -24.93% | -36.06% | 0.44x | 1.56x | $-75.32 Million |
| 2007 | -22.35% | -16.71% | 0.41x | 3.28x | $-44.91 Million |
| 2008 | 21.89% | 12.43% | 0.62x | 2.84x | $14.54 Million |
| 2009 | -11.87% | -7.27% | 0.66x | 2.46x | $-31.60 Million |
| 2010 | 0.44% | 0.25% | 0.70x | 2.48x | $-14.51 Million |
| 2011 | 4.60% | 2.47% | 0.51x | 3.64x | $-8.86 Million |
| 2012 | -2.66% | -1.34% | 0.52x | 3.80x | $-20.23 Million |
| 2013 | 29.30% | 16.29% | 0.46x | 3.90x | $37.34 Million |
| 2014 | 0.95% | 0.21% | 0.50x | 9.09x | $-7.58 Million |
| 2015 | 0.00% | 1.21% | 0.61x | 0.00x | $6.12 Million |
| 2016 | 0.00% | 3.34% | 0.61x | 0.00x | $20.25 Million |
| 2017 | 0.00% | 1.21% | 0.68x | 0.00x | $16.13 Million |
| 2018 | 0.00% | 5.51% | 0.70x | 0.00x | $43.57 Million |
| 2019 | 0.00% | 6.87% | 0.59x | 0.00x | $57.89 Million |
| 2020 | 0.00% | 1.09% | 0.57x | 0.00x | $35.53 Million |
| 2021 | 0.00% | 8.17% | 0.60x | 0.00x | $85.49 Million |
| 2022 | 0.00% | 0.86% | 0.59x | 0.00x | $57.01 Million |
| 2023 | 208.91% | 135.34% | 0.29x | 5.27x | $1.21 Billion |
| 2024 | -91.58% | -19.70% | 0.33x | 14.24x | $-226.36 Million |
Industry Comparison
This section compares Cogent Communications Group Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $54,355,298,918
- Average return on equity (ROE) among peers: -20.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cogent Communications Group Inc (CCOI) | $-39.17 Million | -11.28% | N/A | $452.41 Million |
| Array Digital Infrastructure, Inc. (AD) | $4.22 Billion | 3.01% | 0.93x | $1.97 Billion |
| America Movil SAB de CV ADR (AMX) | $68.99 Billion | 22.23% | 1.17x | $71.77 Billion |
| Anterix Inc (ATEX) | $202.47 Million | -15.13% | 0.09x | $1.52 Billion |
| ATN International Inc (ATNI) | $723.72 Million | -2.01% | 1.46x | $449.32 Million |
| Altice USA Inc (ATUS) | $-503.91 Million | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $435.35 Million | 20.45% | 2.24x | $102.74 Million |
| Chunghwa Telecom Co Ltd (CHT) | $328.82 Billion | 10.16% | 0.21x | $34.31 Billion |
| Charter Communications Inc (CHTR) | $1.07 Billion | -235.83% | 20.00x | $18.83 Billion |
| Comcast Corp (CMCSA) | $85.25 Billion | 15.32% | 2.09x | $81.62 Billion |
About Cogent Communications Group Inc
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care provide… Read more