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

Cogent Communications Holdings (CCOI) reported Interest Coverage Ratio of 2.58 for Q1 2024, down 301.76% year-over-year from 1.28 in Q2 2023, and up 19.01% quarter-over-quarter from 3.19 in Q4 2023.

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

Cogent Communications Holdings (CCOI) has 15 years of Interest Coverage Ratio data on file, last reported at 2.58 in Q1 2024.

  • Interest Coverage Ratio for Q1 2024 came in at 2.58, down 301.76% year-over-year; the trailing twelve-month figure through Dec 2024 was 2.36 (down 70.55% YoY), and the FY2024 annual result was 0.44, up 68.17% from the prior year.
  • Interest Coverage Ratio grew to 2.58 in Q1 2024 per CCOI's latest filing, from 3.19 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 6.39 in Q4 2021 and troughed at 3.19 in Q4 2023.
  • A 5-year average of 1.02 and a median of 1.66 in 2021 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio surged 273.51% in 2021, then sank 859.62% in 2023.
  • 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 plunged by 93.44% to 0.42 in 2022, then slumped by 859.62% to 3.19 in 2023, then increased by 19.01% to 2.58 in 2024.
  • Business Quant data shows CCOI's Interest Coverage Ratio at 2.58 in Q1 2024, 3.19 in Q4 2023, and 2.09 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn -
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 4.25
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 3.67
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 1.99
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 4.26
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -127.23
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -2.04
10 Cogent Communications Holdings 804.05 Mn 663.78 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