Cognizant Technology Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Cognizant Technology Solutions has a total shareholder equity of $13.5B and total debt of $631.0M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are $18.4B and $4.9B respectively. Cognizant Technology Solutions's EBIT is $2.9B making its interest coverage ratio -35.4. It has cash and short-term investments of $2.2B.
Key information
4.7%
Debt to equity ratio
US$631.00m
Debt
Interest coverage ratio | -35.4x |
Cash | US$2.24b |
Equity | US$13.49b |
Total liabilities | US$4.92b |
Total assets | US$18.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTSH's short term assets ($7.1B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: CTSH's short term assets ($7.1B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CTSH has more cash than its total debt.
Reducing Debt: CTSH's debt to equity ratio has reduced from 6.7% to 4.7% over the past 5 years.
Debt Coverage: CTSH's debt is well covered by operating cash flow (268.8%).
Interest Coverage: CTSH earns more interest than it pays, so coverage of interest payments is not a concern.