Cognizant Debt Current vs Current Liabilities Analysis

CTSH Stock  USD 73.44  0.18  0.24%   
Trend analysis of Cognizant Technology Solutions balance sheet accounts such as Other Current Liab of 2.5 B, Total Current Liabilities of 3.5 B or Total Stockholder Equity of 13.9 B provides information on Cognizant Technology's total assets, liabilities, and equity, which is the actual value of Cognizant Technology to its prevalent stockholders. By breaking down trends over time using Cognizant Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Cognizant Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cognizant Technology at a specified time, usually calculated after every quarter, six months, or one year. Cognizant Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cognizant Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cognizant currently owns. An asset can also be divided into two categories, current and non-current.

Cognizant Technology Balance Sheet Chart

Cognizant Technology Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Cognizant Technology uses and utilizes its capital. It also shows what exactly a company owns and owes.
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.

Total Assets

Total assets refers to the total amount of Cognizant Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cognizant Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Cognizant Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cognizant Technology Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Cognizant Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is increasing as compared to previous years. The Cognizant Technology's current Enterprise Value Multiple is estimated to increase to 20.69, while Tax Provision is projected to decrease to under 589.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.9B7.0B6.2B3.2B
Total Revenue18.5B19.4B19.4B20.3B

Cognizant Technology fundamental ratios Correlations

0.970.980.990.780.260.990.920.560.950.90.370.990.920.40.920.93-0.550.970.760.720.950.740.750.80.7
0.970.950.950.750.450.950.890.470.950.90.310.930.920.230.950.92-0.660.960.680.670.990.730.730.790.65
0.980.950.960.820.230.950.920.640.940.880.370.960.90.440.930.9-0.470.990.720.720.930.760.760.80.74
0.990.950.960.730.231.00.890.530.930.870.411.00.90.430.880.91-0.520.940.770.730.940.740.750.770.68
0.780.750.820.730.050.730.790.810.750.820.310.740.690.330.850.77-0.390.850.410.710.720.670.670.680.78
0.260.450.230.230.050.240.3-0.410.420.31-0.360.210.48-0.520.420.34-0.590.320.25-0.130.490.090.090.220.03
0.990.950.951.00.730.240.890.510.940.880.381.00.910.40.880.92-0.550.940.780.710.930.720.730.780.67
0.920.890.920.890.790.30.890.490.970.920.040.90.960.20.930.94-0.640.940.780.480.840.50.510.910.58
0.560.470.640.530.81-0.410.510.490.430.460.550.540.350.60.530.410.070.60.230.710.440.650.640.440.62
0.950.950.940.930.750.420.940.970.430.930.080.940.990.180.950.96-0.680.960.820.510.910.560.560.880.57
0.90.90.880.870.820.310.880.920.460.930.110.870.90.170.950.97-0.730.920.690.540.850.520.520.90.58
0.370.310.370.410.31-0.360.380.040.550.080.110.380.00.730.160.120.260.28-0.080.850.360.790.79-0.050.6
0.990.930.961.00.740.211.00.90.540.940.870.380.910.440.890.92-0.520.940.770.720.920.730.730.760.68
0.920.920.90.90.690.480.910.960.350.990.90.00.910.10.920.93-0.70.930.840.430.90.50.510.860.51
0.40.230.440.430.33-0.520.40.20.60.180.170.730.440.10.180.190.460.330.20.630.260.60.60.110.54
0.920.950.930.880.850.420.880.930.530.950.950.160.890.920.180.95-0.670.980.660.580.930.630.630.840.63
0.930.920.90.910.770.340.920.940.410.960.970.120.920.930.190.95-0.740.940.750.550.870.530.540.870.59
-0.55-0.66-0.47-0.52-0.39-0.59-0.55-0.640.07-0.68-0.730.26-0.52-0.70.46-0.67-0.74-0.57-0.49-0.11-0.59-0.09-0.09-0.65-0.13
0.970.960.990.940.850.320.940.940.60.960.920.280.940.930.330.980.94-0.570.70.670.940.710.720.830.7
0.760.680.720.770.410.250.780.780.230.820.69-0.080.770.840.20.660.75-0.490.70.230.650.30.310.770.27
0.720.670.720.730.71-0.130.710.480.710.510.540.850.720.430.630.580.55-0.110.670.230.690.940.940.340.83
0.950.990.930.940.720.490.930.840.440.910.850.360.920.90.260.930.87-0.590.940.650.690.770.780.710.66
0.740.730.760.740.670.090.720.50.650.560.520.790.730.50.60.630.53-0.090.710.30.940.771.00.370.78
0.750.730.760.750.670.090.730.510.640.560.520.790.730.510.60.630.54-0.090.720.310.940.781.00.370.78
0.80.790.80.770.680.220.780.910.440.880.9-0.050.760.860.110.840.87-0.650.830.770.340.710.370.370.32
0.70.650.740.680.780.030.670.580.620.570.580.60.680.510.540.630.59-0.130.70.270.830.660.780.780.32
Click cells to compare fundamentals

Cognizant Technology Account Relationship Matchups

Cognizant Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B16.2B16.9B17.9B18.5B19.4B
Other Current Liab2.2B2.5B2.5B2.4B2.4B2.5B
Total Current Liabilities3.0B3.5B3.5B3.3B3.3B3.5B
Total Stockholder Equity11.0B10.8B12.0B12.3B13.2B13.9B
Property Plant And Equipment Net2.2B2.3B2.1B2.0B1.7B933.8M
Net Debt(960M)(922M)(150M)(657M)(472M)(495.6M)
Retained Earnings11.0B10.7B11.9B12.6B13.3B14.0B
Accounts Payable239M389M361M360M337M353.9M
Cash2.6B2.7B1.8B2.2B1.8B1.3B
Non Current Assets Total8.6B10.1B10.5B10.6B11.0B11.5B
Non Currrent Assets Other736M846M701M662M649M681.5M
Cash And Short Term Investments3.4B2.7B2.7B2.5B2.6B2.3B
Net Receivables3.3B3.1B3.6B3.8B3.8B4.0B
Good Will4.0B5.0B5.6B5.7B6.1B6.4B
Common Stock Shares Outstanding560M541M528M519M505M608.7M
Liabilities And Stockholders Equity15.9B16.2B16.9B17.9B18.5B19.4B
Non Current Liabilities Total2.2B2.5B2.3B2.2B1.9B2.0B
Other Current Assets931M1.0B1.1B969M1.0B1.1B
Other Stockholder Equity33M32M27M15M13.5M12.8M
Total Liab5.2B6.1B5.9B5.5B5.3B5.5B
Property Plant And Equipment Gross2.2B2.3B2.1B2.0B4.4B4.7B
Total Current Assets7.6B6.9B7.3B7.3B7.5B4.4B
Accumulated Other Comprehensive Income(38M)110M37M(299M)(94M)(89.3M)
Intangible Assets1.0B1.0B1.2B1.2B1.2B1.2B
Other Assets1.3B2.7B1.1B1.7B1.9B2.0B
Property Plant Equipment1.3B1.3B2.1B1.1B1.3B840.9M
Short Term Investments779M44M927M310M848M1.3B
Short Term Debt240M249M233M182M186M305.6M
Other Liab739M1.0B923M836M961.4M1.0B
Net Tangible Assets6.0B4.8B5.2B5.4B6.2B5.7B
Long Term Debt700M663M626M638M606M534.1M
Retained Earnings Total Equity11.0B10.7B11.9B12.6B14.5B8.9B
Capital Surpluse33M32M27M15M13.5M12.8M
Deferred Long Term Liab58M242M394M199M228.9M154.2M
Long Term Investments80M17M440M463M427M76M
Non Current Liabilities Other1.4B1.6B287M362M369M515.0M

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

  0.63G Genpact Limited Earnings Call This WeekPairCorr

Moving against Cognizant Stock

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  0.57VNET VNET Group DRC Financial Report 22nd of May 2024 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.
Pair CorrelationCorrelation 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:
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.