Cognizant Total Assets vs Debt Current Analysis
CTSH Stock | USD 67.52 0.25 0.37% |
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.
Cognizant |
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. Add Fundamental
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 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 |
Cognizant Technology fundamental ratios Correlations
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Cognizant Technology Account Relationship Matchups
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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 |
Cognizant Technology Investors Sentiment
The influence of Cognizant Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cognizant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cognizant Technology's public news can be used to forecast risks associated with an investment in Cognizant. The trend in average sentiment can be used to explain how an investor holding Cognizant can time the market purely based on public headlines and social activities around Cognizant Technology Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cognizant Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cognizant Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cognizant Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cognizant Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cognizant Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cognizant Technology's short interest history, or implied volatility extrapolated from Cognizant Technology options trading.
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 Financial Report 8th of May 2024 | PairCorr |
Moving against Cognizant Stock
0.66 | FIS | Fidelity National Financial Report 25th of April 2024 | PairCorr |
0.44 | FI | Fiserv Inc Symbol Change | PairCorr |
0.42 | DTST | Data Storage Corp | 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.