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