Is COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 230.5% / 30% | 12.9% / 30% | 15.4% / 30% | 2.36% / 5% | ✗ NOT HALAL |
| DJIM | 230.5% / 33% | 12.9% / 33% | 15.4% / 33% | 2.36% / 5% | ✗ NOT HALAL |
| MSCI | 85.9% / 33% | 4.8% / 33% | 5.7% / 33% | 2.36% / 5% | ✗ NOT HALAL |
| S&P | 230.5% / 33% | 12.9% / 33% | 15.4% / 33% | 2.36% / 5% | ✗ NOT HALAL |
| FTSE | 85.9% / 33% | 4.8% / 33% | 5.7% / 50% | 2.36% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.2% | |
| Operating Margin | -5.2% | |
| Net Margin | -20.3% | |
| Return on Equity (ROE) | -229.1% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$198M |
| Total Debt | $2.7B |
| Current Ratio | 2.0 |
| Total Assets | $3.1B |
Price & Trading
| Last Close | $17.92 |
| 50-Day MA | $22.20 |
| 200-Day MA | $32.46 |
| Avg Volume | 1.2M |
| Beta | 0.8 |
|
52-Week Range
$15.96
| |
About COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
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. It 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 providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. The company also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, it offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, the company operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
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Frequently Asked Questions
Is COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), COGENT COMMUNICATIONS HOLDINGS, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is COGENT COMMUNICATIONS HOLDINGS, INC.'s debt ratio?
COGENT COMMUNICATIONS HOLDINGS, INC.'s debt ratio is 230.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 85.9%.
What are COGENT COMMUNICATIONS HOLDINGS, INC.'s key financial metrics?
COGENT COMMUNICATIONS HOLDINGS, INC. has a market capitalization of $883M, and revenue of $976M. The company maintains a gross margin of 49.2% and a net margin of -20.3%. Return on equity stands at -229.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.