Cognizant Ebit vs Gross Profit Analysis

CTSH Stock

USD 68.84 0.08 0.12%

Cognizant Technology financial indicator trend analysis is way more than just evaluating Cognizant Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognizant Technology is a good investment. Please check the relationship between Cognizant Technology Ebit and its Gross Profit accounts. 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.

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognizant Technology Ebit account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Cognizant Technology's Ebit and Gross Profit is 0.84. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Cognizant Technology Solutions, assuming nothing else is changed. The correlation between historical values of Cognizant Technology's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Cognizant Technology Solutions are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Cognizant Technology's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cognizant Technology Solutions minus its cost of goods sold. It is profit before Cognizant Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Enterprise Value Multiple is increasing as compared to previous years. The Cognizant Technology's current Enterprise Value is estimated to increase to about 29.9 B, while Tax Provision is projected to decrease to under 589.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	6.9B	7.0B	6.2B	3.2B
Total Revenue	18.5B	19.4B	19.4B	20.3B

Gross Profit Total Revenue

Cognizant Technology fundamental ratios 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 fundamental ratios 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
Total Current Liabilities	3.0B	3.5B	3.5B	3.3B	3.3B	3.5B
Total Stockholder Equity	11.0B	10.8B	12.0B	12.3B	13.2B	13.9B
Property Plant And Equipment Net	2.2B	2.3B	2.1B	2.0B	1.7B	933.8M
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
Non Current Assets Total	8.6B	10.1B	10.5B	10.6B	11.0B	11.5B
Non Currrent Assets Other	736M	846M	701M	662M	649M	681.5M
Cash And Short Term Investments	3.4B	2.7B	2.7B	2.5B	2.6B	2.3B
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
Common Stock Shares Outstanding	560M	541M	528M	519M	505M	608.7M
Liabilities And Stockholders Equity	15.9B	16.2B	16.9B	17.9B	18.5B	19.4B
Non Current Liabilities Total	2.2B	2.5B	2.3B	2.2B	1.9B	2.0B
Other Current Assets	931M	1.0B	1.1B	969M	1.0B	1.1B
Other Stockholder Equity	33M	32M	27M	15M	13.5M	12.8M
Total Liab	5.2B	6.1B	5.9B	5.5B	5.3B	5.5B
Property Plant And Equipment Gross	2.2B	2.3B	2.1B	2.0B	4.4B	4.7B
Total Current Assets	7.6B	6.9B	7.3B	7.3B	7.5B	4.4B
Accumulated Other Comprehensive Income	(38M)	110M	37M	(299M)	(94M)	(89.3M)
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
Property Plant Equipment	1.3B	1.3B	2.1B	1.1B	1.3B	840.9M
Short Term Investments	779M	44M	927M	310M	848M	1.3B
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
Retained Earnings Total Equity	11.0B	10.7B	11.9B	12.6B	14.5B	8.9B
Capital Surpluse	33M	32M	27M	15M	13.5M	12.8M
Deferred Long Term Liab	58M	242M	394M	199M	228.9M	154.2M
Long Term Investments	80M	17M	440M	463M	427M	76M
Non Current Liabilities Other	1.4B	1.6B	287M	362M	369M	515.0M

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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 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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

(0.04)

Dividend Share

1.18

Earnings Share

4.17

Revenue Per Share

38.448

Quarterly Revenue Growth

(0.01)

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 Ebit vs Gross Profit Analysis

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebit

Gross Profit

Cognizant Technology fundamental ratios Correlations

Cognizant Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cognizant Technology fundamental ratios Accounts

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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