Cogent Communications Holdings (CCOI) Interest Coverage Ratio (2016 - 2024)
Cogent Communications Holdings (CCOI) has disclosed Interest Coverage Ratio for 15 consecutive years, with 2.58 as the latest value for Q1 2024.
- Quarterly Interest Coverage Ratio fell 301.76% to 2.58 in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 3.28 through Jun 2024, down 1051.34% year-over-year, with the annual reading at 1.6 for FY2024, 158.41% down from the prior year.
- Interest Coverage Ratio for Q1 2024 was 2.58 at Cogent Communications Holdings, up from 3.19 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 6.39 in Q4 2021, with the low at 3.19 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 1.02, with a median of 1.66 recorded in 2021.
- The sharpest move saw Interest Coverage Ratio soared 273.51% in 2021, then tumbled 859.62% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 1.71 in 2020, then skyrocketed by 273.51% to 6.39 in 2021, then crashed by 93.44% to 0.42 in 2022, then crashed by 859.62% to 3.19 in 2023, then grew by 19.01% to 2.58 in 2024.
- According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 2.58, 3.19, and 2.09 for Q1 2024, Q4 2023, and Q3 2023 respectively.