Cognizant Technology Solutions Corp financial data

Symbol
CTSH on Nasdaq
Industry
Services-Computer Programming Services
Location
300 Frank W. Burr Blvd., Ste. 36, 6 Fl., Teaneck, New Jersey
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 228 % +3%
Debt-to-equity 38.9 % -12.4%
Return On Equity 15.9 % -15.6%
Return On Assets 11.5 % -12.2%
Operating Margin 13.9 % -8.44%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 497 M shares -2.03%
Common Stock, Shares, Outstanding 497 M shares -1.97%
Entity Public Float 32.9 B USD -5.73%
Common Stock, Value, Issued 5 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 497 M shares -2.36%
Weighted Average Number of Shares Outstanding, Diluted 498 M shares -2.16%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.3 B USD -0.58%
Revenue from Contract with Customer, Excluding Assessed Tax 19.3 B USD -0.58%
Operating Income (Loss) 2.68 B USD -8.96%
Nonoperating Income (Expense) 89 M USD +12.7%
Income Tax Expense (Benefit) 689 M USD -4.04%
Net Income (Loss) Attributable to Parent 2.09 B USD -9.32%
Earnings Per Share, Basic 4.17 USD/shares -7.13%
Earnings Per Share, Diluted 4.17 USD/shares -6.92%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.23 B USD -9.24%
Accounts Receivable, after Allowance for Credit Loss, Current 3.82 B USD +2.8%
Other Assets, Current 1.02 B USD -0.78%
Assets, Current 7.09 B USD -1.97%
Deferred Income Tax Assets, Net 993 M USD +49.1%
Property, Plant and Equipment, Net 1.04 B USD -5.99%
Operating Lease, Right-of-Use Asset 589 M USD -30%
Intangible Assets, Net (Excluding Goodwill) 1.17 B USD -7.21%
Goodwill 6.39 B USD +5.84%
Other Assets, Noncurrent 1.06 B USD +81.3%
Assets 18.4 B USD +1.44%
Accounts Payable, Current 291 M USD -12.3%
Employee-related Liabilities, Current 1.16 B USD -3.98%
Liabilities, Current 3.01 B USD -9.3%
Accrued Income Taxes, Noncurrent 157 M USD -44.5%
Deferred Income Tax Liabilities, Net 201 M USD -6.51%
Operating Lease, Liability, Noncurrent 503 M USD -26.9%
Other Liabilities, Noncurrent 411 M USD +29.7%
Liabilities 4.92 B USD -10.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -156 M USD +29.7%
Retained Earnings (Accumulated Deficit) 13.6 B USD +5.95%
Stockholders' Equity Attributable to Parent 13.5 B USD +6.55%
Liabilities and Equity 18.4 B USD +1.44%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 95 M USD -87%
Net Cash Provided by (Used in) Financing Activities -304 M USD +13.1%
Net Cash Provided by (Used in) Investing Activities -238 M USD -10.7%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 497 M shares -1.97%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -486 M USD -396%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.23 B USD -9.24%
Interest Paid, Excluding Capitalized Interest, Operating Activities 40 M USD +167%
Deferred Tax Assets, Valuation Allowance 53 M USD +29.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.04 B USD +37.3%
Operating Lease, Liability 676 M USD -23.9%
Payments to Acquire Property, Plant, and Equipment 79 M USD -19.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.16 B USD +2.57%
Lessee, Operating Lease, Liability, to be Paid 780 M USD -26%
Property, Plant and Equipment, Gross 3.82 B USD +0.08%
Operating Lease, Liability, Current 143 M USD -17.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 155 M USD -13.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 183 M USD -14.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -26 M USD -62.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 104 M USD -37.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 128 M USD -17.4%
Deferred Tax Assets, Operating Loss Carryforwards 52 M USD +13%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 1.01 B USD +0.4%
Preferred Stock, Shares Authorized 15 M shares 0%
Unrecognized Tax Benefits 260 M USD -3.35%
Lessee, Operating Lease, Liability, to be Paid, Year Four 104 M USD -19.4%
Operating Lease, Payments 240 M USD -0.42%
Additional Paid in Capital 20 M USD -9.09%
Amortization of Intangible Assets 165 M USD -10.3%
Depreciation, Depletion and Amortization 133 M USD +0.76%
Deferred Tax Assets, Net of Valuation Allowance 985 M USD +37.8%
Share-based Payment Arrangement, Expense 176 M USD -32.6%
Interest Expense 43 M USD +65.4%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%