Growth Metrics

Cogent Communications Holdings (CCOI) Interest Expenses (2016 - 2024)

Cogent Communications Holdings (CCOI) has disclosed Interest Expenses for 15 consecutive years, with $23.0 million as the latest value for Q1 2024.

  • Quarterly Interest Expenses rose 21.07% to $23.0 million in Q1 2024 from the year-ago period, while the trailing twelve-month figure was $23.0 million through Dec 2024, down 75.35% year-over-year, with the annual reading at $123.3 million for FY2024, 32.11% up from the prior year.
  • Interest Expenses for Q1 2024 was $23.0 million at Cogent Communications Holdings, up from $21.5 million in the prior quarter.
  • The five-year high for Interest Expenses was $65.1 million in Q4 2022, with the low at $5.7 million in Q4 2021.
  • Average Interest Expenses over 5 years is $20.0 million, with a median of $15.8 million recorded in 2021.
  • The sharpest move saw Interest Expenses skyrocketed 1050.43% in 2022, then tumbled 66.99% in 2023.
  • Over 5 years, Interest Expenses stood at $16.0 million in 2020, then tumbled by 64.64% to $5.7 million in 2021, then surged by 1050.43% to $65.1 million in 2022, then crashed by 66.99% to $21.5 million in 2023, then increased by 7.08% to $23.0 million in 2024.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $23.0 million, $21.5 million, and $24.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.