Cognizant Technology Solutions (CTSH) Current Deferred Tax Assets (2009 - 2015)
Cognizant Technology Solutions (CTSH) posted quarterly Current Deferred Tax Assets of $365.9 million for Q3 2015, up 41.02% year-over-year from $259.5 million in Q3 2014, and up 9.72% quarter-over-quarter from $333.5 million in Q2 2015.
Cognizant Technology Solutions (CTSH) Current Deferred Tax Assets (2009 - 2015) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Current Deferred Tax Assets for 7 consecutive years, with $365.9 million the latest figure, recorded in Q3 2015.
- In Q3 2015, Current Deferred Tax Assets rose 41.02% year-over-year to $365.9 million; the TTM figure through Sep 2015 stood at $365.9 million (up 41.02% YoY), while the FY2014 annual figure was $329.7 million, up 28.67% from the prior year.
- Current Deferred Tax Assets improved to $365.9 million in Q3 2015 per CTSH's latest filing, from $333.5 million in the prior quarter.
- Across five years, Current Deferred Tax Assets topped out at $365.9 million in Q3 2015 and bottomed at $68.1 million in Q1 2011.
- Historically, Current Deferred Tax Assets has averaged $203.4 million across 5 years, with a median of $201.9 million in 2012.
- Annual changes were most pronounced in 2013 — Current Deferred Tax Assets jumped 119.04% — and 2014, when it slipped 3.41%.
- Cognizant Technology Solutions' Current Deferred Tax Assets stood at $109.0 million in 2011, then surged by 85.15% to $201.9 million in 2012, then gained by 26.91% to $256.2 million in 2013, then climbed by 28.67% to $329.7 million in 2014, then rose by 10.98% to $365.9 million in 2015.
- Business Quant data shows CTSH's Current Deferred Tax Assets at $365.9 million in Q3 2015, $333.5 million in Q2 2015, and $271.7 million in Q1 2015.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Cdw | 17.49 Bn | 17.13 Bn | 1.32 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2015 | 365.90 Mn |
| Sep 30, 2015 | 365.90 Mn |
| Jun 30, 2015 | 333.50 Mn |
| Jun 30, 2015 | 333.50 Mn |
| Mar 31, 2015 | 271.70 Mn |
| Mar 31, 2015 | 271.70 Mn |
| Dec 31, 2014 | 329.70 Mn |
| Dec 31, 2014 | 329.70 Mn |
| Sep 30, 2014 | 259.47 Mn |
| Sep 30, 2014 | 259.47 Mn |
| Jun 30, 2014 | 233.84 Mn |
| Jun 30, 2014 | 233.84 Mn |
| Mar 31, 2014 | 200.43 Mn |
| Mar 31, 2014 | 200.43 Mn |
| Dec 31, 2013 | 256.23 Mn |
| Dec 31, 2013 | 256.23 Mn |
| Sep 30, 2013 | 268.64 Mn |
| Sep 30, 2013 | 268.64 Mn |
| Jun 30, 2013 | 228.13 Mn |
| Jun 30, 2013 | 228.13 Mn |