Cognizant Technology Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Cognizant Technology Solutions has a total shareholder equity of $13.2B and total debt of $639.0M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are $18.5B and $5.3B respectively. Cognizant Technology Solutions's EBIT is $2.9B making its interest coverage ratio -34.5. It has cash and short-term investments of $2.6B.
Key information
4.8%
Debt to equity ratio
US$639.00m
Debt
Interest coverage ratio | -34.5x |
Cash | US$2.64b |
Equity | US$13.23b |
Total liabilities | US$5.26b |
Total assets | US$18.48b |
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 ($3.3B).
Long Term Liabilities: CTSH's short term assets ($7.5B) 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 6.5% to 4.8% over the past 5 years.
Debt Coverage: CTSH's debt is well covered by operating cash flow (364.6%).
Interest Coverage: CTSH earns more interest than it pays, so coverage of interest payments is not a concern.