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

Cogent Communications Holdings (CCOI) reported Interest Expenses of $23.0 million for Q1 2024, up 21.07% year-over-year from $19.0 million in Q2 2023, and up 7.08% quarter-over-quarter from $21.5 million in Q4 2023.

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

Cogent Communications Holdings (CCOI) has 15 years of Interest Expenses data on file, last reported at $23.0 million in Q1 2024.

  • Interest Expenses for Q1 2024 came in at $23.0 million, up 21.07% year-over-year; the trailing twelve-month figure through Dec 2024 was $23.0 million (down 75.35% YoY), and the FY2024 annual result was $123.3 million, up 32.11% from the prior year.
  • Interest Expenses improved to $23.0 million in Q1 2024 per CCOI's latest filing, from $21.5 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $65.1 million in Q4 2022 and troughed at $5.7 million in Q4 2021.
  • A 5-year average of $20.0 million and a median of $15.8 million in 2021 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses soared 1050.43% in 2022, then tumbled 66.99% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $16.0 million in 2020, then plunged by 64.64% to $5.7 million in 2021, then soared by 1050.43% to $65.1 million in 2022, then plunged by 66.99% to $21.5 million in 2023, then rose by 7.08% to $23.0 million in 2024.
  • Business Quant data shows CCOI's Interest Expenses at $23.0 million in Q1 2024, $21.5 million in Q4 2023, and $24.2 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -323.77 Mn
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 1.94 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 1.81 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 221.80 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 674.94 Mn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -3.26 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -150.00 Mn
10 Cogent Communications Holdings 804.05 Mn 663.78 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