Cognizant Total Revenue vs Net Income 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 Total Revenue and its Net Income 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.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognizant Technology Total Revenue account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cognizant Technology's Total Revenue and Net Income is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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 Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Cognizant Technology Solutions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Cognizant Technology's Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Cognizant Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 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 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

Currently Active Assets on Macroaxis

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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.