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| 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 |