Cognizant Retained Earnings vs Net Working Capital Analysis

CTSH Stock

USD 80.63 1.09 1.37%

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 Retained Earnings and its Net Working Capital 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 state.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognizant Technology Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cognizant Technology's Retained Earnings and Net Working Capital is -0.67. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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 Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Cognizant Technology Solutions are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Cognizant Technology's Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

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 state.

As of now, Cognizant Technology's Enterprise Value Multiple is increasing as compared to previous years. The Cognizant Technology's current Enterprise Value is estimated to increase to about 29.9 B, while Tax Provision is projected to decrease to under 589.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	6.9B	7.0B	6.7B	7.0B
Total Revenue	18.5B	19.4B	19.4B	20.3B

Gross Profit Total Revenue

Cognizant Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock Total Equity	Common Stock	Other Assets	Property Plant Equipment
Total Assets		0.96	0.98	0.99	0.78	0.06	0.99	0.92	0.62	0.95	0.9	0.37	0.99	0.92	0.4	0.92	0.93	-0.55	0.97	0.76	0.72	0.95	0.74	0.75	0.8	0.7
Other Current Liab	0.96		0.94	0.94	0.76	0.3	0.94	0.87	0.52	0.92	0.89	0.36	0.92	0.9	0.24	0.95	0.9	-0.64	0.96	0.64	0.7	0.98	0.75	0.76	0.77	0.67
Total Current Liabilities	0.98	0.94		0.96	0.82	0.06	0.95	0.92	0.68	0.94	0.88	0.37	0.96	0.9	0.44	0.93	0.9	-0.47	0.99	0.72	0.72	0.93	0.76	0.76	0.8	0.74
Total Stockholder Equity	0.99	0.94	0.96		0.73	0.01	1.0	0.89	0.6	0.93	0.87	0.41	1.0	0.9	0.43	0.88	0.91	-0.52	0.94	0.77	0.73	0.94	0.74	0.75	0.77	0.68
Property Plant And Equipment Net	0.78	0.76	0.82	0.73		0.07	0.73	0.79	0.81	0.75	0.82	0.31	0.74	0.69	0.33	0.85	0.77	-0.39	0.85	0.41	0.71	0.72	0.67	0.67	0.68	0.78
Net Debt	0.06	0.3	0.06	0.01	0.07		0.02	0.1	-0.38	0.17	0.16	-0.24	0.0	0.22	-0.53	0.29	0.14	-0.43	0.17	-0.17	-0.09	0.33	0.08	0.08	-0.01	0.07
Retained Earnings	0.99	0.94	0.95	1.0	0.73	0.02		0.89	0.58	0.94	0.88	0.38	1.0	0.91	0.4	0.88	0.92	-0.55	0.94	0.78	0.71	0.93	0.72	0.73	0.78	0.67
Accounts Payable	0.92	0.87	0.92	0.89	0.79	0.1	0.89		0.56	0.97	0.92	0.04	0.9	0.96	0.2	0.93	0.94	-0.64	0.94	0.78	0.48	0.84	0.5	0.51	0.91	0.58
Cash	0.62	0.52	0.68	0.6	0.81	-0.38	0.58	0.56		0.52	0.51	0.48	0.6	0.45	0.53	0.56	0.47	-0.01	0.63	0.41	0.71	0.49	0.67	0.67	0.52	0.62
Non Current Assets Total	0.95	0.92	0.94	0.93	0.75	0.17	0.94	0.97	0.52		0.93	0.08	0.94	0.99	0.18	0.95	0.96	-0.68	0.96	0.82	0.51	0.91	0.56	0.56	0.88	0.57
Non Currrent Assets Other	0.9	0.89	0.88	0.87	0.82	0.16	0.88	0.92	0.51	0.93		0.11	0.87	0.9	0.17	0.95	0.97	-0.73	0.92	0.69	0.54	0.85	0.52	0.52	0.9	0.58
Cash And Short Term Investments	0.37	0.36	0.37	0.41	0.31	-0.24	0.38	0.04	0.48	0.08	0.11		0.38	0.0	0.73	0.16	0.12	0.26	0.28	-0.08	0.85	0.36	0.79	0.79	-0.05	0.6
Net Receivables	0.99	0.92	0.96	1.0	0.74	0.0	1.0	0.9	0.6	0.94	0.87	0.38		0.91	0.44	0.89	0.92	-0.52	0.94	0.77	0.72	0.92	0.73	0.73	0.76	0.68
Good Will	0.92	0.9	0.9	0.9	0.69	0.22	0.91	0.96	0.45	0.99	0.9	0.0	0.91		0.1	0.92	0.93	-0.7	0.93	0.84	0.43	0.9	0.5	0.51	0.86	0.51
Common Stock Shares Outstanding	0.4	0.24	0.44	0.43	0.33	-0.53	0.4	0.2	0.53	0.18	0.17	0.73	0.44	0.1		0.18	0.19	0.46	0.33	0.2	0.63	0.26	0.6	0.6	0.11	0.54
Non Current Liabilities Total	0.92	0.95	0.93	0.88	0.85	0.29	0.88	0.93	0.56	0.95	0.95	0.16	0.89	0.92	0.18		0.95	-0.67	0.98	0.66	0.58	0.93	0.63	0.63	0.84	0.63
Other Current Assets	0.93	0.9	0.9	0.91	0.77	0.14	0.92	0.94	0.47	0.96	0.97	0.12	0.92	0.93	0.19	0.95		-0.74	0.94	0.75	0.55	0.87	0.53	0.54	0.87	0.59
Other Stockholder Equity	-0.55	-0.64	-0.47	-0.52	-0.39	-0.43	-0.55	-0.64	-0.01	-0.68	-0.73	0.26	-0.52	-0.7	0.46	-0.67	-0.74		-0.57	-0.49	-0.11	-0.59	-0.09	-0.09	-0.65	-0.13
Total Liab	0.97	0.96	0.99	0.94	0.85	0.17	0.94	0.94	0.63	0.96	0.92	0.28	0.94	0.93	0.33	0.98	0.94	-0.57		0.7	0.67	0.94	0.71	0.72	0.83	0.7
Property Plant And Equipment Gross	0.76	0.64	0.72	0.77	0.41	-0.17	0.78	0.78	0.41	0.82	0.69	-0.08	0.77	0.84	0.2	0.66	0.75	-0.49	0.7		0.23	0.65	0.3	0.31	0.77	0.27
Total Current Assets	0.72	0.7	0.72	0.73	0.71	-0.09	0.71	0.48	0.71	0.51	0.54	0.85	0.72	0.43	0.63	0.58	0.55	-0.11	0.67	0.23		0.69	0.94	0.94	0.34	0.83
Intangible Assets	0.95	0.98	0.93	0.94	0.72	0.33	0.93	0.84	0.49	0.91	0.85	0.36	0.92	0.9	0.26	0.93	0.87	-0.59	0.94	0.65	0.69		0.77	0.78	0.71	0.66
Common Stock Total Equity	0.74	0.75	0.76	0.74	0.67	0.08	0.72	0.5	0.67	0.56	0.52	0.79	0.73	0.5	0.6	0.63	0.53	-0.09	0.71	0.3	0.94	0.77		1.0	0.37	0.78
Common Stock	0.75	0.76	0.76	0.75	0.67	0.08	0.73	0.51	0.67	0.56	0.52	0.79	0.73	0.51	0.6	0.63	0.54	-0.09	0.72	0.31	0.94	0.78	1.0		0.37	0.78
Other Assets	0.8	0.77	0.8	0.77	0.68	-0.01	0.78	0.91	0.52	0.88	0.9	-0.05	0.76	0.86	0.11	0.84	0.87	-0.65	0.83	0.77	0.34	0.71	0.37	0.37		0.32
Property Plant Equipment	0.7	0.67	0.74	0.68	0.78	0.07	0.67	0.58	0.62	0.57	0.58	0.6	0.68	0.51	0.54	0.63	0.59	-0.13	0.7	0.27	0.83	0.66	0.78	0.78	0.32

Click cells to compare fundamentals

Cognizant Technology Account Relationship Matchups

Cognizant Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9B	16.2B	16.9B	17.9B	18.5B	19.4B
Other Current Liab	2.2B	2.5B	2.5B	2.2B	2.2B	2.4B
Total Current Liabilities	3.0B	3.5B	3.5B	3.3B	3.3B	3.5B
Total Stockholder Equity	11.0B	10.8B	12.0B	12.3B	13.2B	13.9B
Property Plant And Equipment Net	2.2B	2.3B	2.1B	2.0B	1.7B	933.8M
Net Debt	(960M)	(922M)	(150M)	(657M)	(1.3B)	(1.2B)
Retained Earnings	11.0B	10.7B	11.9B	12.6B	13.3B	14.0B
Accounts Payable	239M	389M	361M	360M	337M	353.9M
Cash	2.6B	2.7B	1.8B	2.2B	2.6B	1.3B
Non Current Assets Total	8.6B	10.1B	10.5B	10.6B	11.0B	11.5B
Non Currrent Assets Other	736M	846M	701M	662M	651M	683.6M
Cash And Short Term Investments	3.4B	2.7B	2.7B	2.5B	2.6B	2.3B
Net Receivables	3.3B	3.1B	3.6B	3.8B	3.8B	4.0B
Good Will	4.0B	5.0B	5.6B	5.7B	6.1B	6.4B
Common Stock Shares Outstanding	560M	541M	528M	519M	505M	608.7M
Liabilities And Stockholders Equity	15.9B	16.2B	16.9B	17.9B	18.5B	19.4B
Non Current Liabilities Total	2.2B	2.5B	2.3B	2.2B	1.9B	2.0B
Other Current Assets	931M	1.0B	1.1B	969M	1.0B	1.1B
Other Stockholder Equity	33M	32M	27M	15M	13.5M	12.8M
Total Liab	5.2B	6.1B	5.9B	5.5B	5.3B	5.5B
Property Plant And Equipment Gross	2.2B	2.3B	2.1B	2.0B	4.4B	4.7B
Total Current Assets	7.6B	6.9B	7.3B	7.3B	7.5B	4.4B
Accumulated Other Comprehensive Income	(38M)	110M	37M	(299M)	(94M)	(89.3M)
Intangible Assets	1.0B	1.0B	1.2B	1.2B	1.1B	1.2B
Other Assets	1.3B	2.7B	1.1B	1.7B	1.9B	2.0B
Property Plant Equipment	1.3B	1.3B	2.1B	1.1B	1.3B	840.9M
Short Term Investments	779M	44M	927M	310M	14M	13.3M
Short Term Debt	240M	249M	233M	182M	339M	313.8M
Other Liab	739M	1.0B	923M	836M	961.4M	1.0B
Net Tangible Assets	6.0B	4.8B	5.2B	5.4B	6.2B	5.7B
Long Term Debt	700M	663M	626M	638M	606M	534.1M
Retained Earnings Total Equity	11.0B	10.7B	11.9B	12.6B	14.5B	8.9B
Capital Surpluse	33M	32M	27M	15M	13.5M	12.8M
Deferred Long Term Liab	58M	242M	394M	199M	228.9M	154.2M
Long Term Investments	80M	17M	440M	463M	427M	76M
Non Current Liabilities Other	1.4B	1.6B	287M	362M	369M	515.0M

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:

How To Invest In Cognizant

Details

Is Cognizant Stock a good investment?

Details

What is Cognizant Technology's Net Worth?

Details

Largest IT Consulting & Other Services Companies

View

Largest Information Technology Services Companies

View

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 state.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.125

Dividend Share

1.2

Earnings Share

4.52

Revenue Per Share

38.96

Quarterly Revenue Growth

0.03

The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cognizant Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

Cognizant Technology fundamental ratios Correlations

Cognizant Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cognizant Technology fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Other Stockholder Equity	- 0.74	Other Current Assets
Other Stockholder Equity	- 0.73	Non Currrent Assets Other
Other Stockholder Equity	- 0.7	Good Will
Other Stockholder Equity	- 0.68	Non Current Assets Total
Other Stockholder Equity	- 0.67	Non Current Liabilities Total
Other Assets	- 0.65	Other Stockholder Equity