Cogent Communications Holdings (CCOI) Non Operating Interest Expenses (2010 - 2024)
Cogent Communications Holdings' (CCOI) quarterly Non Operating Interest Expenses came in at $23.0 million in 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.
Analysis
Cogent Communications Holdings (CCOI) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Cogent Communications Holdings (CCOI) has reported Non Operating Interest Expenses for 15 consecutive years, with $23.0 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 21.07% year-over-year to $23.0 million in Q1 2024; TTM through Mar 2024 was $97.4 million, a 15.74% decrease from a year earlier, with the FY2024 full-year figure at $123.3 million, up 32.11% from the prior year.
- Non Operating Interest Expenses was $23.0 million for Q1 2024 at Cogent Communications Holdings, up from $21.5 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $65.1 million in Q4 2022 and troughed at $13.5 million in Q2 2022.
- A 5-year average of $20.4 million and a median of $15.8 million in 2021 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses jumped 374.72% in 2022 and plunged 66.99% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $16.0 million in 2020, then declined by 14.31% to $13.7 million in 2021, then jumped by 374.72% to $65.1 million in 2022, then sank by 66.99% to $21.5 million in 2023, then increased by 7.08% to $23.0 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $23.0 million (Q1 2024), $21.5 million (Q4 2023), and $24.2 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Comcast | 235.03 Bn | 227.55 Bn | - | 1.05 Bn |
| 2 | Grupo Televisa, S.A.B | 31.11 Bn | 29.27 Bn | 318.12 Mn | -111.57 Mn |
| 3 | Charter Communications | 18.13 Bn | 22.57 Bn | - | - |
| 4 | Lumen Technologies | 6.96 Bn | 5.09 Bn | 1.39 Bn | 201.00 Mn |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | 23.00 Mn |
| 6 | Telephone & Data Systems | 4.35 Bn | 2.39 Bn | 185.25 Mn | 11.39 Mn |
| 7 | Liberty Global | 3.61 Bn | 1.43 Bn | 796.60 Mn | 115.90 Mn |
| 8 | Uniti | 2.39 Bn | 1.78 Bn | 567.70 Mn | - |
| 9 | Idt | 1.60 Bn | 1.38 Bn | 122.50 Mn | -1,000.00 |
| 10 | Cogent Communications Holdings | 514.72 Mn | 145.04 Mn | 110.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 23.01 Mn |
| Dec 31, 2023 | 21.49 Mn |
| Sep 30, 2023 | 24.20 Mn |
| Jun 30, 2023 | 28.65 Mn |
| Mar 31, 2023 | 19.01 Mn |
| Dec 31, 2022 | 65.10 Mn |
| Sep 30, 2022 | 17.95 Mn |
| Jun 30, 2022 | 13.48 Mn |
| Mar 31, 2022 | 14.17 Mn |
| Dec 31, 2021 | 13.71 Mn |
| Sep 30, 2021 | 14.27 Mn |
| Jun 30, 2021 | 14.24 Mn |
| Mar 31, 2021 | 15.84 Mn |
| Dec 31, 2020 | 16.01 Mn |
| Sep 30, 2020 | 15.76 Mn |
| Jun 30, 2020 | 15.50 Mn |
| Mar 31, 2020 | 15.22 Mn |
| Dec 31, 2019 | 15.21 Mn |
| Sep 30, 2019 | 15.19 Mn |
| Jun 30, 2019 | 13.60 Mn |