Cogent Communications Holdings (CCOI) Interest Expenses (2010 - 2024)

Cogent Communications Holdings (CCOI) posted quarterly Interest Expenses of $23.0 million for Q1 2024, up 21.07% YoY from $19.0 million in Q2 2023, and up 7.08% sequentially from $21.5 million in Q4 2023.

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

Cogent Communications Holdings has disclosed Interest Expenses across 15 years of filings, most recently posting $23.0 million for Q1 2024.

  • In Q1 2024, Interest Expenses rose 21.07% year-over-year to $23.0 million; the TTM figure through Dec 2024 stood at $23.0 million (down 75.35% YoY), while the FY2024 annual figure was $123.3 million, up 32.11% from the prior year.
  • Interest Expenses grew to $23.0 million in Q1 2024, from $21.5 million in the prior quarter.
  • Over the last five years, Interest Expenses for CCOI reached as high as $65.1 million in Q4 2022 and fell as low as $5.7 million in Q4 2021.
  • The 5-year median for Interest Expenses is $15.8 million (2021), against an average of $20.0 million.
  • Annual changes were most pronounced in 2022 — Interest Expenses soared 1050.43% — and 2023, when it sank 66.99%.
  • A 5-year view of Interest Expenses shows it stood at $16.0 million in 2020, then slumped by 64.64% to $5.7 million in 2021, then soared by 1050.43% to $65.1 million in 2022, then slumped by 66.99% to $21.5 million in 2023, then rose by 7.08% to $23.0 million in 2024.
  • According to Business Quant data, Interest Expenses over the past three periods registered $23.0 million, $21.5 million, and $24.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (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 1.94 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 1.81 Bn
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 - -238.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 13.77 Mn
10 Cogent Communications Holdings 713,999.99 -139.55 Mn 109.96 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 23.01 Mn
Mar 31, 2024 23.01 Mn
Dec 31, 2023 21.49 Mn
Dec 31, 2023 21.49 Mn
Sep 30, 2023 24.20 Mn
Sep 30, 2023 24.20 Mn
Jun 30, 2023 28.65 Mn
Jun 30, 2023 28.65 Mn
Mar 31, 2023 19.01 Mn
Mar 31, 2023 19.01 Mn
Dec 31, 2022 65.10 Mn
Dec 31, 2022 65.10 Mn
Sep 30, 2022 17.95 Mn
Sep 30, 2022 17.95 Mn
Jun 30, 2022 13.48 Mn
Jun 30, 2022 13.48 Mn
Mar 31, 2022 14.17 Mn
Mar 31, 2022 14.17 Mn
Dec 31, 2021 5.66 Mn
Dec 31, 2021 5.66 Mn