Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cognizant Technology Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $11,950 Mil. Cognizant Technology Solutions's Total Assets for the quarter that ended in Jun. 2022 was $17,258 Mil.
Therefore, Cognizant Technology Solutions's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.69.
The historical rank and industry rank for Cognizant Technology Solutions's Equity-to-Asset or its related term are showing as below:
CTSH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.74 Max: 0.85
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of Cognizant Technology Solutions was 0.85. The lowest was 0.59. And the median was 0.74.
CTSH's Equity-to-Asset is ranked better than 66.14% of 2723
companies
in the Software industry
Industry Median: 0.58
vs CTSH: 0.69
Cognizant Technology Solutions Equity-to-Asset Historical Data
The historical data trend for Cognizant Technology Solutions's Equity-to-Asset can be seen below:
* 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.
* Premium members only.
Cognizant Technology Solutions Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Equity-to-Asset
0.70
0.72
0.68
0.64
0.67
Cognizant Technology Solutions Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Equity-to-Asset
0.67
0.67
0.67
0.69
0.69
Competitive Comparison
For the Information Technology Services subindustry, Cognizant Technology Solutions's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cognizant Technology Solutions Equity-to-Asset Distribution
For the Software industry and Technology sector, Cognizant Technology Solutions's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cognizant Technology Solutions's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Cognizant Technology Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Cognizant Technology Solutions Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Cognizant Technology Solutions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Cognizant Technology Solutions Business Description
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.
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