As of June 12, 2025, Cognizant Technology Solutions Corp (CTSH) reports a Current Ratio of 2.09.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Cognizant Technology Solutions Corp's Current Ratio
Over recent years, Cognizant Technology Solutions Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2024-12-31 | 2.09 |
2023-12-31 | 2.25 |
2022-12-31 | 2.17 |
2021-12-31 | 2.08 |
2020-12-31 | 1.94 |
This slight downward trend highlights how Cognizant Technology Solutions Corp manages its short-term assets and liabilities over time.
Comparing Cognizant Technology Solutions Corp's Current Ratio to Peers
To better understand Cognizant Technology Solutions Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Cognizant Technology Solutions Corp (CTSH) | 2.09 |
Perficient Inc (PRFT) | 4.15 |
TSR Inc (TSRI) | 3.00 |
Epam Systems Inc (EPAM) | 2.96 |
Virtusa Corp (VRTU) | 2.70 |
Information Services Group Inc (III) | 2.38 |
Compared to its competitors, Cognizant Technology Solutions Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.