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Cognizant CTSH Debt-to-assets

Debt-to-assets at other companies

International Business Machines logo
International Business MachinesIBM
0.5×0.0×
Willis Towers Watson logo
Willis Towers WatsonWTW
0.2×0.0×
Accenture logo
AccentureACN
0.1×0.0×
TD SYNNEX logo
TD SYNNEXSNX
0.1×0.0×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
0.5×+0.2×
Ciena logo
CienaCIEN
0.3×0.0×

Other financials

Income statement

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Revenue$5.4B+5.8%
Gross profit$1.8B+3.3%
Operating income$843.0M-1.2%
Net income$662.0M-0.2%
EPS (diluted)$1.39+3.7%

Balance sheet

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Cash & equivalents$1.5B-24.0%
Total debt$1.1B-7.4%
Total equity$15.1B+1.1%
Total assets$20.5B+2.7%

Cash flow

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Operating cash flow$274.0M-31.5%
CapEx$76.0M-1.3%
Free cash flow$198.0M-38.7%

Valuation

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Market cap$23.09B-22.5%
Enterprise value$22.68B-21.9%
P/E10.4×-2.3×
P/S1.1×-0.4×

Profitability

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Gross margin33.5%-0.7pp
Operating margin15.8%+0.6pp
Net margin10.4%-1.3pp

Returns & leverage

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Return on equity14.9%-1.7pp
Debt / equity0.1×0.0×
Current ratio2.2×0.0×

Where this comes from

Calculated from Cognizant’s reported figures.

Based on the most recent quarter.

The official record: Cognizant’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognizant's debt-to-assets?
Cognizant (CTSH) reported debt-to-assets of 0.1× in Q1 2026.
How has Cognizant's debt-to-assets changed year-over-year?
Cognizant's debt-to-assets decreased by 9.7% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Cognizant's debt-to-assets?
Over 4 years (2021 to 2025), Cognizant's debt-to-assets has grown at a -12.5% compound annual growth rate (CAGR), from 0.4× to 0.2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.