Cognizant Balance Sheet Analysis

CTSH Stock

USD 67.52 0.25 0.37%

Most accounts from Cognizant Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 Cognizant Technology Valuation and Cognizant Technology Correlation analysis.

As of now, Cognizant Technology's Total Stockholder Equity is increasing as compared to previous years. The Cognizant Technology's current Retained Earnings is estimated to increase to about 14 B, while Property Plant And Equipment Net is projected to decrease to under 933.8 M.

Net Receivables Accounts Payable

	2021	2023	2024 (projected)
Other Current Liabilities	2.5B	2.4B	2.5B
Total Assets	17.9B	18.5B	19.4B

Other Current Liab Total Assets

Cognizant Technology balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock Total Equity	Common Stock	Other Assets	Property Plant Equipment
Total Assets		0.97	0.98	0.99	0.78	0.26	0.99	0.92	0.56	0.95	0.9	0.37	0.99	0.92	0.4	0.92	0.93	-0.55	0.97	0.76	0.72	0.95	0.74	0.75	0.8	0.7
Other Current Liab	0.97		0.95	0.95	0.75	0.45	0.95	0.89	0.47	0.95	0.9	0.31	0.93	0.92	0.23	0.95	0.92	-0.66	0.96	0.68	0.67	0.99	0.73	0.73	0.79	0.65
Total Current Liabilities	0.98	0.95		0.96	0.82	0.23	0.95	0.92	0.64	0.94	0.88	0.37	0.96	0.9	0.44	0.93	0.9	-0.47	0.99	0.72	0.72	0.93	0.76	0.76	0.8	0.74
Total Stockholder Equity	0.99	0.95	0.96		0.73	0.23	1.0	0.89	0.53	0.93	0.87	0.41	1.0	0.9	0.43	0.88	0.91	-0.52	0.94	0.77	0.73	0.94	0.74	0.75	0.77	0.68
Property Plant And Equipment Net	0.78	0.75	0.82	0.73		0.05	0.73	0.79	0.81	0.75	0.82	0.31	0.74	0.69	0.33	0.85	0.77	-0.39	0.85	0.41	0.71	0.72	0.67	0.67	0.68	0.78
Net Debt	0.26	0.45	0.23	0.23	0.05		0.24	0.3	-0.41	0.42	0.31	-0.36	0.21	0.48	-0.52	0.42	0.34	-0.59	0.32	0.25	-0.13	0.49	0.09	0.09	0.22	0.03
Retained Earnings	0.99	0.95	0.95	1.0	0.73	0.24		0.89	0.51	0.94	0.88	0.38	1.0	0.91	0.4	0.88	0.92	-0.55	0.94	0.78	0.71	0.93	0.72	0.73	0.78	0.67
Accounts Payable	0.92	0.89	0.92	0.89	0.79	0.3	0.89		0.49	0.97	0.92	0.04	0.9	0.96	0.2	0.93	0.94	-0.64	0.94	0.78	0.48	0.84	0.5	0.51	0.91	0.58
Cash	0.56	0.47	0.64	0.53	0.81	-0.41	0.51	0.49		0.43	0.46	0.55	0.54	0.35	0.6	0.53	0.41	0.07	0.6	0.23	0.71	0.44	0.65	0.64	0.44	0.62
Non Current Assets Total	0.95	0.95	0.94	0.93	0.75	0.42	0.94	0.97	0.43		0.93	0.08	0.94	0.99	0.18	0.95	0.96	-0.68	0.96	0.82	0.51	0.91	0.56	0.56	0.88	0.57
Non Currrent Assets Other	0.9	0.9	0.88	0.87	0.82	0.31	0.88	0.92	0.46	0.93		0.11	0.87	0.9	0.17	0.95	0.97	-0.73	0.92	0.69	0.54	0.85	0.52	0.52	0.9	0.58
Cash And Short Term Investments	0.37	0.31	0.37	0.41	0.31	-0.36	0.38	0.04	0.55	0.08	0.11		0.38	0.0	0.73	0.16	0.12	0.26	0.28	-0.08	0.85	0.36	0.79	0.79	-0.05	0.6
Net Receivables	0.99	0.93	0.96	1.0	0.74	0.21	1.0	0.9	0.54	0.94	0.87	0.38		0.91	0.44	0.89	0.92	-0.52	0.94	0.77	0.72	0.92	0.73	0.73	0.76	0.68
Good Will	0.92	0.92	0.9	0.9	0.69	0.48	0.91	0.96	0.35	0.99	0.9	0.0	0.91		0.1	0.92	0.93	-0.7	0.93	0.84	0.43	0.9	0.5	0.51	0.86	0.51
Common Stock Shares Outstanding	0.4	0.23	0.44	0.43	0.33	-0.52	0.4	0.2	0.6	0.18	0.17	0.73	0.44	0.1		0.18	0.19	0.46	0.33	0.2	0.63	0.26	0.6	0.6	0.11	0.54
Non Current Liabilities Total	0.92	0.95	0.93	0.88	0.85	0.42	0.88	0.93	0.53	0.95	0.95	0.16	0.89	0.92	0.18		0.95	-0.67	0.98	0.66	0.58	0.93	0.63	0.63	0.84	0.63
Other Current Assets	0.93	0.92	0.9	0.91	0.77	0.34	0.92	0.94	0.41	0.96	0.97	0.12	0.92	0.93	0.19	0.95		-0.74	0.94	0.75	0.55	0.87	0.53	0.54	0.87	0.59
Other Stockholder Equity	-0.55	-0.66	-0.47	-0.52	-0.39	-0.59	-0.55	-0.64	0.07	-0.68	-0.73	0.26	-0.52	-0.7	0.46	-0.67	-0.74		-0.57	-0.49	-0.11	-0.59	-0.09	-0.09	-0.65	-0.13
Total Liab	0.97	0.96	0.99	0.94	0.85	0.32	0.94	0.94	0.6	0.96	0.92	0.28	0.94	0.93	0.33	0.98	0.94	-0.57		0.7	0.67	0.94	0.71	0.72	0.83	0.7
Property Plant And Equipment Gross	0.76	0.68	0.72	0.77	0.41	0.25	0.78	0.78	0.23	0.82	0.69	-0.08	0.77	0.84	0.2	0.66	0.75	-0.49	0.7		0.23	0.65	0.3	0.31	0.77	0.27
Total Current Assets	0.72	0.67	0.72	0.73	0.71	-0.13	0.71	0.48	0.71	0.51	0.54	0.85	0.72	0.43	0.63	0.58	0.55	-0.11	0.67	0.23		0.69	0.94	0.94	0.34	0.83
Intangible Assets	0.95	0.99	0.93	0.94	0.72	0.49	0.93	0.84	0.44	0.91	0.85	0.36	0.92	0.9	0.26	0.93	0.87	-0.59	0.94	0.65	0.69		0.77	0.78	0.71	0.66
Common Stock Total Equity	0.74	0.73	0.76	0.74	0.67	0.09	0.72	0.5	0.65	0.56	0.52	0.79	0.73	0.5	0.6	0.63	0.53	-0.09	0.71	0.3	0.94	0.77		1.0	0.37	0.78
Common Stock	0.75	0.73	0.76	0.75	0.67	0.09	0.73	0.51	0.64	0.56	0.52	0.79	0.73	0.51	0.6	0.63	0.54	-0.09	0.72	0.31	0.94	0.78	1.0		0.37	0.78
Other Assets	0.8	0.79	0.8	0.77	0.68	0.22	0.78	0.91	0.44	0.88	0.9	-0.05	0.76	0.86	0.11	0.84	0.87	-0.65	0.83	0.77	0.34	0.71	0.37	0.37		0.32
Property Plant Equipment	0.7	0.65	0.74	0.68	0.78	0.03	0.67	0.58	0.62	0.57	0.58	0.6	0.68	0.51	0.54	0.63	0.59	-0.13	0.7	0.27	0.83	0.66	0.78	0.78	0.32

Click cells to compare fundamentals

Cognizant Technology Account Relationship Matchups

Cognizant Technology balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9B	16.2B	16.9B	17.9B	18.5B	19.4B
Other Current Liab	2.2B	2.5B	2.5B	2.4B	2.4B	2.5B
Net Debt	(960M)	(922M)	(150M)	(657M)	(472M)	(495.6M)
Retained Earnings	11.0B	10.7B	11.9B	12.6B	13.3B	14.0B
Accounts Payable	239M	389M	361M	360M	337M	353.9M
Cash	2.6B	2.7B	1.8B	2.2B	1.8B	1.3B
Net Receivables	3.3B	3.1B	3.6B	3.8B	3.8B	4.0B
Good Will	4.0B	5.0B	5.6B	5.7B	6.1B	6.4B
Other Current Assets	931M	1.0B	1.1B	969M	1.0B	1.1B
Total Liab	5.2B	6.1B	5.9B	5.5B	5.3B	5.5B
Total Current Assets	7.6B	6.9B	7.3B	7.3B	7.5B	4.4B
Intangible Assets	1.0B	1.0B	1.2B	1.2B	1.2B	1.2B
Other Assets	1.3B	2.7B	1.1B	1.7B	1.9B	2.0B
Short Term Debt	240M	249M	233M	182M	186M	305.6M
Other Liab	739M	1.0B	923M	836M	961.4M	1.0B
Net Tangible Assets	6.0B	4.8B	5.2B	5.4B	6.2B	5.7B
Long Term Debt	700M	663M	626M	638M	606M	534.1M
Capital Surpluse	33M	32M	27M	15M	13.5M	12.8M

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

Genpact Limited Financial Report 8th of May 2024

Pair Corr

Moving against Cognizant Stock

0.66	FIS	Fidelity National	Pair Corr
0.44	FI	Fiserv Inc Symbol Change	Pair Corr
0.42	DTST	Data Storage Corp	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:

How To Invest In Cognizant

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Is Cognizant Stock a good investment?

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What is Cognizant Technology's Net Worth?

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Check out Cognizant Technology Valuation and Cognizant Technology Correlation analysis.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.

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Cognizant Balance Sheet Analysis

Cognizant Technology balance sheet Correlations

Cognizant Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cognizant Technology balance sheet Accounts

Pair Trading with Cognizant Technology

Moving together with Cognizant Stock

Moving against Cognizant Stock

Complementary Tools for Cognizant Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Other Stockholder Equity	- 0.74	Other Current Assets
Other Stockholder Equity	- 0.73	Non Currrent Assets Other
Other Stockholder Equity	- 0.7	Good Will
Other Stockholder Equity	- 0.68	Non Current Assets Total
Other Stockholder Equity	- 0.67	Non Current Liabilities Total
Other Stockholder Equity	- 0.66	Other Current Liab