Cogent Communications Holdings (CCOI) Asset Utilization Ratio (2016 - 2024)
Historic Asset Utilization Ratio for Cogent Communications Holdings (CCOI) over the last 16 years, with Q3 2024 value amounting to 0.08.
- Cogent Communications Holdings' Asset Utilization Ratio fell 6899.52% to 0.08 in Q3 2024 from the same period last year, while for Sep 2024 it was 0.08, marking a year-over-year decrease of 6899.52%. This contributed to the annual value of 0.45 for FY2023, which is 2585.58% down from last year.
- As of Q3 2024, Cogent Communications Holdings' Asset Utilization Ratio stood at 0.08, which was down 6899.52% from 0.17 recorded in Q2 2024.
- Over the past 5 years, Cogent Communications Holdings' Asset Utilization Ratio peaked at 0.62 during Q2 2021, and registered a low of 0.08 during Q3 2024.
- Its 5-year average for Asset Utilization Ratio is 0.48, with a median of 0.58 in 2020.
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first surged by 696.74% in 2021, then crashed by 6899.52% in 2024.
- Quarter analysis of 5 years shows Cogent Communications Holdings' Asset Utilization Ratio stood at 0.57 in 2020, then grew by 4.24% to 0.59 in 2021, then fell by 0.22% to 0.59 in 2022, then crashed by 48.38% to 0.3 in 2023, then crashed by 72.74% to 0.08 in 2024.
- Its Asset Utilization Ratio was 0.08 in Q3 2024, compared to 0.17 in Q2 2024 and 0.25 in Q1 2024.