What is Cognizant Technology Solutions Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cognizant Technology Solutions's interest expense for the
three
months ended in Dec. 2023 was $ -11 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-41 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cognizant Technology Solutions's Operating Income for the
three
months ended in Dec. 2023 was $ 764 Mil. Cognizant Technology Solutions's Interest Expense for the
three
months ended in Dec. 2023 was $ -11 Mil.
Cognizant Technology Solutions's Interest Coverage for the quarter that ended in Dec. 2023 was 69.45.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Cognizant Technology Solutions Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cognizant Technology Solutions (NAS:CTSH) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Cognizant Technology Solutions's Interest Expense for the
three
months ended in Dec. 2023 was $-11 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $764 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $1,129 Mil.
Cognizant Technology Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Cognizant Technology Solutions Corp has enough cash to cover all of its debt. Its financial situation is stable.
Cognizant Technology Solutions (Cognizant Technology Solutions) Business Description
Traded in Other Exchanges
Address
300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666
Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.
Executives
| Michael Patsalos-fox |
director |
300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
| Mackay Leo S. Jr. |
director |
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
| Robert C. Walker |
officer: EVP & Pres, Global Growth Mkts |
C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666 |
| Abraham Schot |
director |
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP, 300 FRANK W. BURR BLVD. STE 36, 6 FL, TEANECK NJ 07666 |
| Zein Abdalla |
director |
700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577 |
| Maureen Breakiron-evans |
director |
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
| Kathryn Diaz |
officer: SVP & Interim Chief People Off |
300 FRANK W BURR BLVD, TEANECK NJ 07666 |
| Eric Branderiz |
director |
915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453 |
| Nella Domenici |
director |
C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Ravi Kumar Singisetti |
director, officer: Chief Executive Officer |
9405 SW GEMINI DRIVE, BEAVERTON OR 97008 |
| Surya Gummadi |
officer: SVP & Interim Americas Lead |
C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666 |
| Andrew J Stafford |
officer: EVP, Head of Global Delivery |
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
| Stephen J Rohleder |
director |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Rajesh Nambiar |
officer: President, Digital Business |
300 FRANK W. BURR BLVD, STE. 36, 6TH FL., TEANECK NJ 07666 |
| Robert Telesmanic |
officer: SVP, Cont. & Chief Acct. Offc. |
COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
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