Cognizant Technology Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Cognizant Technology Solutions has a total shareholder equity of $13.9B and total debt of $623.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are $18.6B and $4.7B respectively. Cognizant Technology Solutions's EBIT is $3.0B making its interest coverage ratio -35.9. It has cash and short-term investments of $2.2B.
Key information
4.5%
Debt to equity ratio
US$623.00m
Debt
| Interest coverage ratio | -35.9x |
| Cash | US$2.21b |
| Equity | US$13.90b |
| Total liabilities | US$4.68b |
| Total assets | US$18.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTSH's short term assets ($7.2B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: CTSH's short term assets ($7.2B) exceed its long term liabilities ($1.7B).
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 7.1% to 4.5% over the past 5 years.
Debt Coverage: CTSH's debt is well covered by operating cash flow (308.5%).
Interest Coverage: CTSH earns more interest than it pays, so coverage of interest payments is not a concern.