Cognizant Technology Solutions Corp Class A (CTSH)
Interest coverage
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,835,000 | 2,793,000 | 2,884,000 | 3,051,000 | 3,039,000 | 3,057,000 | 2,973,000 | 2,907,000 | 2,839,000 | 2,570,000 | 2,466,000 | 2,272,000 | 2,120,000 | 2,224,000 | 2,258,000 | 2,436,000 | 2,511,000 | 2,760,000 | 2,764,000 | 2,713,000 |
| Interest expense (ttm) | US$ in thousands | 41,000 | 38,000 | 33,000 | 26,000 | 19,000 | 13,000 | 10,000 | 9,000 | 9,000 | 10,000 | 13,000 | 20,000 | 24,000 | 27,000 | 28,000 | 25,000 | 26,000 | 28,000 | 27,000 | 28,000 |
| Interest coverage | 69.15 | 73.50 | 87.39 | 117.35 | 159.95 | 235.15 | 297.30 | 323.00 | 315.44 | 257.00 | 189.69 | 113.60 | 88.33 | 82.37 | 80.64 | 97.44 | 96.58 | 98.57 | 102.37 | 96.89 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $2,835,000K ÷ $41,000K
= 69.15
I'm sorry, but without the specific values for the interest coverage ratio for Cognizant Technology Solutions Corp. across the mentioned quarters, I am unable to provide a detailed analysis of this ratio. The interest coverage ratio is an important financial metric that indicates a company's ability to cover its interest expenses with its operating income.
To conduct a comprehensive analysis, I would need the actual values of the interest coverage ratio for each quarter. Kindly provide the data, and I will be able to offer a detailed analysis on how well Cognizant Technology Solutions Corp. is managing its interest expenses in relation to its operating income.
Peer comparison
Dec 31, 2023