Cogent Communications Holdings (CCOI) Interest Coverage Ratio (2010 - 2024)

Cogent Communications Holdings (CCOI) posted quarterly Interest Coverage Ratio of 2.58 for Q1 2024, down 301.76% YoY from 1.28 in Q2 2023, and up 19.01% sequentially from 3.19 in Q4 2023.

Cogent Communications Holdings (CCOI) Interest Coverage Ratio (2010 - 2024) Analysis & Trends

Cogent Communications Holdings has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 2.58 for Q1 2024.

  • In Q1 2024, Interest Coverage Ratio fell 301.76% year-over-year to 2.58; the TTM figure through Dec 2024 stood at 2.36 (down 70.55% YoY), while the FY2024 annual figure was 0.44, up 68.17% from the prior year.
  • Interest Coverage Ratio climbed to 2.58 in Q1 2024, from 3.19 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for CCOI reached as high as 6.39 in Q4 2021 and fell as low as 3.19 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 1.66 (2021), against an average of 1.02.
  • Annual changes were most pronounced in 2021 — Interest Coverage Ratio surged 273.51% — and 2023, when it tumbled 859.62%.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.71 in 2020, then surged by 273.51% to 6.39 in 2021, then slumped by 93.44% to 0.42 in 2022, then plunged by 859.62% to 3.19 in 2023, then increased by 19.01% to 2.58 in 2024.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.58, 3.19, and 2.09 for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 4.25
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 3.67
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -1.75
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 0.87
10 Cogent Communications Holdings 713,999.99 -139.55 Mn 109.96 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -2.58
Dec 31, 2023 -3.19
Sep 30, 2023 -2.09
Jun 30, 2023 -1.21
Mar 31, 2023 1.28
Dec 31, 2022 0.42
Sep 30, 2022 1.57
Jun 30, 2022 2.19
Mar 31, 2022 2.03
Dec 31, 2021 6.39
Sep 30, 2021 2.00
Jun 30, 2021 1.98
Mar 31, 2021 1.66
Dec 31, 2020 1.71
Sep 30, 2020 1.65
Jun 30, 2020 1.78
Mar 31, 2020 1.70
Dec 31, 2019 1.84
Sep 30, 2019 1.70
Jun 30, 2019 1.62