Cognizant Historical Cash Flow
| CTSH Stock | USD 68.20 0.76 1.13% |
Analysis of Cognizant Technology cash flow over time is an excellent tool to project Cognizant Technology future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Begin Period Cash Flow of 1.2 B or Depreciation of 545 M as it is a great indicator of Cognizant Technology ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Cognizant Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cognizant Technology is a good buy for the upcoming year.
Cognizant |
About Cognizant Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Cognizant balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Cognizant's non-liquid assets can be easily converted into cash.
Cognizant Technology Cash Flow Chart
Cognizant Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Cognizant Technology Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
As of now, Cognizant Technology's Cash Flows Other Operating is increasing as compared to previous years. Add Fundamental
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Cognizant Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cognizant Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Cognizant Technology financial statement analysis. It represents the amount of money remaining after all of Cognizant Technology Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Cognizant Technology's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Cognizant Technology current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of now, Cognizant Technology's Cash Flows Other Operating is increasing as compared to previous years.
Cognizant Technology cash flow statement Correlations
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Cognizant Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cognizant Technology cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (2.2B) | (1.6B) | (771M) | (1.4B) | (1.1B) | (1.1B) | |
| Change In Cash | 1.5B | 35M | (888M) | 502M | (404M) | (383.8M) | |
| Free Cash Flow | 2.1B | 2.9B | 2.2B | 2.2B | 2.0B | 1.1B | |
| Change In Working Capital | 101M | 813M | (488M) | (324M) | (189M) | (179.6M) | |
| Begin Period Cash Flow | 1.2B | 2.6B | 2.7B | 1.8B | 2.2B | 1.2B | |
| Other Cashflows From Financing Activities | 1.6B | (1.2B) | (2.2B) | 647M | (331M) | (314.5M) | |
| Depreciation | 526M | 559M | 574M | 569M | 519M | 545.0M | |
| Capital Expenditures | 392M | 398M | 279M | 332M | 317M | 210.4M | |
| Total Cash From Operating Activities | 2.5B | 3.3B | 2.5B | 2.6B | 2.3B | 1.3B | |
| Net Income | 1.8B | 1.4B | 2.1B | 2.3B | 2.1B | 2.2B | |
| Total Cash From Financing Activities | (2.6B) | (2.0B) | (1.2B) | (1.9B) | (1.6B) | (1.5B) | |
| End Period Cash Flow | 2.6B | 2.7B | 1.8B | 2.3B | 1.8B | 1.3B | |
| Change To Account Receivables | 37M | 264M | (407M) | (238M) | (43M) | (45.2M) | |
| Change To Liabilities | (95M) | 476M | (16M) | (429M) | (386.1M) | (366.8M) | |
| Investments | 2.6B | 283M | (915M) | (106M) | (577M) | (548.2M) | |
| Change Receivables | 37M | 264M | (407M) | (238M) | (273.7M) | (287.4M) | |
| Total Cashflows From Investing Activities | 1.6B | (1.2B) | (2.2B) | (106M) | (121.9M) | (128.0M) | |
| Exchange Rate Changes | (36M) | (34M) | (17M) | (16M) | (14.4M) | (15.1M) | |
| Dividends Paid | 453M | 480M | 509M | 564M | 591M | 412.9M | |
| Cash And Cash Equivalents Changes | 1.5B | 35M | (888M) | 523M | 470.7M | 494.2M | |
| Cash Flows Other Operating | 159M | 73M | 348M | 343M | 394.5M | 414.2M | |
| Other Cashflows From Investing Activities | (617M) | (1.1B) | (970M) | (339M) | (305.1M) | (320.4M) | |
| Change To Netincome | 30M | 535M | 846M | 33M | 38.0M | 36.1M | |
| Net Borrowings | (28M) | (50M) | (53M) | (39M) | (35.1M) | (33.3M) | |
| Change To Operating Activities | 101M | 813M | (488M) | (49M) | (44.1M) | (41.9M) |
Pair Trading with Cognizant Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognizant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognizant Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Cognizant Stock
| 0.88 | G | Genpact Limited Sell-off Trend | PairCorr |
Moving against Cognizant Stock
| 0.62 | FIS | Fidelity National Financial Report 25th of April 2024 | PairCorr |
| 0.45 | DTST | Data Storage Corp | PairCorr |
| 0.41 | FI | Fiserv Inc Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Cognizant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognizant Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognizant Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognizant Technology Solutions to buy it.
The correlation of Cognizant Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognizant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognizant Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognizant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Cognizant Stock analysis
When running Cognizant Technology's price analysis, check to measure Cognizant Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.
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Is Cognizant Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.107 | Dividend Share 1.17 | Earnings Share 4.21 | Revenue Per Share 38.323 | Quarterly Revenue Growth (0.02) |
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.