Cognizant Technology Solutions Corp
CTSHCompany Overview
Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services, Healthcare, Products and Resources, and Communications, Media, and Technology. The Financial Services segment consists of banking and insurance services. The Healthcare segment involves healthcare and life sciences. The Products and Resources segment consists of retail and consumer goods, manufacturing and logistics, travel and hospitality, and energy and utilities. The Communications, Media, and Technology segment includes communications, information, media and entertainment, and technology. The company was founded by Wijeyaraj Kumar Mahadeva and Francisco D'Souza in 1994 and is headquartered in Teaneck, NJ.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Cognizant Technology Solutions Corp |
| Ticker | CTSH |
| Main Business | Information Technology Services |
| Type | Common Stock |
| Industry | Information Technology Services |
| Country | US |
| Market Cap | $37.45 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Financial Services | $6,070.0 | $6,070.0 | Financial |
| Health Sciences | $5,630.0 | $0.0 | - |
| Products and Resources | $4,570.0 | $0.0 | - |
| Communications, Media and Technology | $3,160.0 | $0.0 | - |
| Interest income | $59.0 | $59.0 | - |
| Total | $19,489.0 | $6,129.0 | 23.92% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $186,000,000.0 | 0.50% |
| long term debt and capital lease obligation | $1,130,000,000.0 | 3.02% |
| Total Interest-Bearing Debt | $1,316,000,000.0 | 3.51% |
| Market Capitalization | $37,449,284,600.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |