Cognizant Begin Period Cash Flow vs Free Cash Flow Analysis

0QZ5 Stock   80.23  0.44  0.55%   
Cognizant Technology financial indicator trend analysis is way more than just evaluating Cognizant Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognizant Technology is a good investment. Please check the relationship between Cognizant Technology Begin Period Cash Flow and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Begin Period Cash Flow vs Free Cash Flow

Begin Period Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognizant Technology Begin Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cognizant Technology's Begin Period Cash Flow and Free Cash Flow is 0.74. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Cognizant Technology Solutions, assuming nothing else is changed. The correlation between historical values of Cognizant Technology's Begin Period Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Cognizant Technology Solutions are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Begin Period Cash Flow i.e., Cognizant Technology's Begin Period Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Cognizant Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognizant Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 4.2 B in 2024, whereas Tax Provision is likely to drop slightly above 721.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.9B7.0B6.7B7.0B
Total Revenue18.5B19.4B19.4B20.3B

Cognizant Technology fundamental ratios Correlations

0.820.980.990.780.060.990.920.620.950.890.370.990.40.920.9-0.550.970.720.950.750.920.880.00.94-0.46
0.820.860.790.910.050.780.740.80.720.580.570.790.460.790.7-0.280.840.890.780.870.660.950.210.8-0.28
0.980.860.960.820.060.950.920.680.940.840.370.960.440.930.88-0.470.990.720.930.760.90.9-0.030.94-0.36
0.990.790.960.730.011.00.890.60.930.880.410.990.430.880.89-0.520.940.730.940.750.90.860.050.94-0.45
0.780.910.820.730.070.730.790.810.750.640.310.750.330.850.77-0.390.850.710.720.670.690.87-0.080.7-0.27
0.060.050.060.010.070.020.1-0.380.170.04-0.24-0.01-0.530.29-0.02-0.430.17-0.090.330.080.220.1-0.02-0.09-0.66
0.990.780.951.00.730.020.890.580.940.890.381.00.40.880.9-0.550.940.710.930.730.910.860.020.93-0.47
0.920.740.920.890.790.10.890.560.970.910.040.90.20.930.93-0.640.940.480.840.510.960.82-0.330.78-0.42
0.620.80.680.60.81-0.380.580.560.520.440.480.610.530.560.52-0.010.630.710.490.670.450.730.00.690.11
0.950.720.940.930.750.170.940.970.520.950.080.940.180.950.92-0.680.960.510.910.560.990.81-0.280.82-0.51
0.890.580.840.880.640.040.890.910.440.950.00.880.140.870.93-0.720.870.40.810.430.940.68-0.340.75-0.47
0.370.570.370.410.31-0.240.380.040.480.080.00.380.730.160.130.260.280.850.360.790.00.480.860.56-0.02
0.990.790.960.990.75-0.011.00.90.610.940.880.380.440.890.9-0.520.940.720.920.730.910.870.010.93-0.41
0.40.460.440.430.33-0.530.40.20.530.180.140.730.440.180.270.460.330.630.260.60.10.330.470.560.4
0.920.790.930.880.850.290.880.930.560.950.870.160.890.180.89-0.670.980.580.930.630.920.85-0.180.79-0.56
0.90.70.880.890.77-0.020.90.930.520.920.930.130.90.270.89-0.670.90.540.790.490.890.78-0.210.76-0.38
-0.55-0.28-0.47-0.52-0.39-0.43-0.55-0.64-0.01-0.68-0.720.26-0.520.46-0.67-0.67-0.57-0.11-0.59-0.09-0.7-0.480.33-0.330.8
0.970.840.990.940.850.170.940.940.630.960.870.280.940.330.980.9-0.570.670.940.720.930.89-0.10.88-0.46
0.720.890.720.730.71-0.090.710.480.710.510.40.850.720.630.580.54-0.110.670.690.940.430.840.580.79-0.24
0.950.780.930.940.720.330.930.840.490.910.810.360.920.260.930.79-0.590.940.690.780.90.850.070.88-0.63
0.750.870.760.750.670.080.730.510.670.560.430.790.730.60.630.49-0.090.720.940.780.510.820.510.83-0.29
0.920.660.90.90.690.220.910.960.450.990.940.00.910.10.920.89-0.70.930.430.90.510.77-0.330.78-0.53
0.880.950.90.860.870.10.860.820.730.810.680.480.870.330.850.78-0.480.890.840.850.820.770.130.82-0.45
0.00.21-0.030.05-0.08-0.020.02-0.330.0-0.28-0.340.860.010.47-0.18-0.210.33-0.10.580.070.51-0.330.130.17-0.07
0.940.80.940.940.7-0.090.930.780.690.820.750.560.930.560.790.76-0.330.880.790.880.830.780.820.17-0.28
-0.46-0.28-0.36-0.45-0.27-0.66-0.47-0.420.11-0.51-0.47-0.02-0.410.4-0.56-0.380.8-0.46-0.24-0.63-0.29-0.53-0.45-0.07-0.28
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Cognizant Technology Account Relationship Matchups

Cognizant Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B16.2B16.9B17.9B18.5B19.4B
Other Current Liab2.0B2.5B2.5B2.2B2.2B1.2B
Total Current Liabilities3.0B3.5B3.5B3.3B3.3B3.5B
Total Stockholder Equity11.0B10.8B12.0B12.3B13.2B13.9B
Property Plant And Equipment Net2.2B2.3B2.1B2.0B1.7B933.8M
Net Debt(960M)(922M)(150M)(657M)(1.3B)(1.2B)
Retained Earnings11.0B10.7B11.9B12.6B13.3B14.0B
Accounts Payable239M389M361M360M337M353.9M
Cash2.6B2.7B1.8B2.2B2.6B1.3B
Non Current Assets Total8.6B10.1B10.5B10.6B11.0B11.5B
Non Currrent Assets Other736M846M701M662M1.0B1.1B
Cash And Short Term Investments3.4B2.7B2.7B2.5B2.6B2.3B
Net Receivables3.3B3.1B3.6B3.8B3.8B4.0B
Common Stock Shares Outstanding560M541M528M519M505M608.7M
Liabilities And Stockholders Equity15.9B16.2B16.9B17.9B18.5B19.4B
Non Current Liabilities Total2.2B2.5B2.3B2.2B1.9B2.0B
Other Current Assets931M1.0B1.1B969M1.0B1.1B
Other Stockholder Equity33M32M27M15M13.5M12.8M
Total Liab5.2B6.1B5.9B5.5B5.3B5.5B
Total Current Assets7.6B6.9B7.3B7.3B7.5B4.4B
Accumulated Other Comprehensive Income(38M)110M37M(299M)(94M)(89.3M)
Intangible Assets1.0B1.0B1.2B1.2B1.1B1.2B
Good Will4.0B5.0B5.6B5.7B6.1B6.4B
Short Term Investments779M44M927M310M14M13.3M
Short Term Debt240M249M233M182M339M313.8M
Other Assets1.3B1.7B1.5B1.7B1.9B1.1B
Short Long Term Debt Total1.7B1.8B1.6B1.5B1.3B1.5B
Other Liab739M1.0B918M836M752.4M734.8M
Net Tangible Assets6.0B4.8B5.2B5.4B4.9B4.7B
Long Term Debt736M700M663M626M563.4M547.7M
Capital Surpluse47M33M32M27M24.3M30.1M
Deferred Long Term Liab485M467M394M265M238.5M308.5M
Property Plant Equipment2.2B2.3B2.1B2.0B2.3B2.1B

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