Cognizant Technology Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Cognizant Technology Solutions has a total shareholder equity of $14.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $20.2B and $5.7B respectively. Cognizant Technology Solutions's EBIT is $3.0B making its interest coverage ratio -37.9. It has cash and short-term investments of $2.0B.
Key information
8.4%
Debt to equity ratio
US$1.22b
Debt
| Interest coverage ratio | -37.9x |
| Cash | US$2.03b |
| Equity | US$14.45b |
| Total liabilities | US$5.71b |
| Total assets | US$20.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTSH's short term assets ($7.5B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: CTSH's short term assets ($7.5B) exceed its long term liabilities ($2.3B).
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 increased from 7% to 8.4% over the past 5 years.
Debt Coverage: CTSH's debt is well covered by operating cash flow (159.6%).
Interest Coverage: CTSH earns more interest than it pays, so coverage of interest payments is not a concern.