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| Date | Value |
|---|---|
| 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 |