Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 2.23 is in line with its 5-year average of 2.23, around the middle of its 5-year range (2.03–2.46).
As of the fiscal period ended Tuesday, March 31, 2026. 3.61% below its 12-month average of 2.31.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.23
CURRENT RATIO AVG TTM
2.31
CURRENT RATIO AVG 3Y
2.28
CURRENT RATIO AVG 5Y
2.22
CURRENT RATIO AVG 10Y
2.64
CURRENT RATIO AVG 15Y
2.98
CURRENT RATIO AVG 20Y
3.28
CURRENT VS TTM AVG
-3.61%
CURRENT VS 3Y AVG
-2.29%
CURRENT VS 5Y AVG
+0.37%
CURRENT VS 10Y AVG
-15.57%
CURRENT VS 15Y AVG
-25.30%
CURRENT VS 20Y AVG
-32.23%
SECTOR MEDIAN · TECHNOLOGY
1.84
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+20.97%
vs the sector median at left
Cognizant Technology Solutions Corporation
Market Cap
$22.51B
Current Ratio
2.23
TTM Avg
2.31
3Y Avg
2.28
5Y Avg
2.22
Market Cap
$22.31B
Current Ratio
0.59
TTM Avg
0.72
3Y Avg
0.74
5Y Avg
0.75
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognizant Technology Solutions Corporation (CTSH) | $22.51B | 2.23 | 2.31 | 2.28 | 2.22 |
| F5, Inc. (FFIV)vs › | $22.66B | 1.54 | 1.46 | 1.29 | 1.28 |
| Fidelity National Information Services, Inc. (FIS)vs › | $22.31B | 0.59 | 0.72 | 0.74 | 0.75 |
| First Solar, Inc. (FSLR)vs › | $21.78B | 2.67 | 2.56 | 3.08 | 3.38 |
| Okta, Inc. (OKTA)vs › | $23.27B | 1.36 | 1.35 | 1.65 | 1.81 |
| Zscaler, Inc. (ZS)vs › | $23.99B | 2.01 | 1.55 | 1.74 | 2.21 |
| MKS Inc. (MKSI)vs › | $20.84B | 2.71 | 2.95 | 3.00 | 3.59 |
| HP Inc. (HPQ)vs › | $24.23B | 0.77 | 0.74 | 0.74 | 0.75 |
| Samsara Inc. (IOT)vs › | $20.67B | 1.64 | 1.57 | 1.70 | 2.06 |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.53B | 6.48 | 6.33 | 5.67 | 5.18 |
Current Ratio
2.23
Quick Ratio
2.34
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-03-31 | 2.23 |
| 2025-12-31 | 2.34 |
| 2025-09-30 | 2.36 |
| 2025-06-30 | 2.41 |
| 2025-03-31 | 2.22 |
| 2024-12-31 | 2.09 |
| 2024-09-30 | 2.23 |
| 2024-06-30 | 2.46 |
| 2024-03-31 | 2.35 |
| 2023-12-31 | 2.25 |
| 2023-09-30 | 2.23 |
| 2023-06-30 | 2.27 |
| 2023-03-31 | 2.18 |
| 2022-12-31 | 2.17 |
| 2022-09-30 | 2.27 |
| 2022-06-30 | 2.23 |
| 2022-03-31 | 2.22 |
| 2021-12-31 | 2.08 |
| 2021-09-30 | 2.11 |
| 2021-06-30 | 2.03 |
| 2021-03-31 | 2.09 |
| 2020-12-31 | 1.94 |
| 2020-09-30 | 2.61 |
| 2020-06-30 | 2.66 |
| 2020-03-31 | 2.90 |
| 2019-12-31 | 2.55 |
| 2019-09-30 | 2.53 |
| 2019-06-30 | 2.55 |
| 2019-03-31 | 2.90 |
| 2018-12-31 | 3.12 |
| 2018-09-30 | 3.24 |
| 2018-06-30 | 3.27 |
| 2018-03-31 | 3.64 |
| 2017-12-31 | 3.21 |
| 2017-09-30 | 3.29 |
| 2017-06-30 | 3.35 |
| 2017-03-31 | 3.03 |
| 2016-12-31 | 3.56 |
| 2016-09-30 | 3.56 |
| 2016-06-30 | 3.66 |
| 2016-03-31 | 3.69 |
| 2015-12-31 | 2.91 |
| 2015-09-30 | 3.40 |
| 2015-06-30 | 3.46 |
| 2015-03-31 | 3.40 |
| 2014-12-31 | 2.60 |
| 2014-09-30 | 4.17 |
| 2014-06-30 | 4.30 |
| 2014-03-31 | 4.19 |
| 2013-12-31 | 3.46 |
| 2013-09-30 | 3.58 |
| 2013-06-30 | 3.78 |
| 2013-03-31 | 3.95 |
| 2012-12-31 | 3.50 |
| 2012-09-30 | 3.56 |
| 2012-06-30 | 3.61 |
| 2012-03-31 | 4.11 |
| 2011-12-31 | 3.38 |
| 2011-09-30 | 3.66 |
| 2011-06-30 | 4.23 |
| 2011-03-31 | 4.41 |
| 2010-12-31 | 3.78 |
| 2010-09-30 | 4.02 |
| 2010-06-30 | 4.34 |
| 2010-03-31 | 4.27 |
| 2009-12-31 | 3.57 |
| 2009-09-30 | 3.97 |
| 2009-06-30 | 4.52 |
| 2009-03-31 | 4.48 |
| 2008-12-31 | 3.79 |
| 2008-09-30 | 3.82 |
| 2008-06-30 | 3.86 |
| 2008-03-31 | 3.57 |
| 2007-12-31 | 3.65 |
| 2007-09-30 | 4.73 |
| 2007-06-30 | 4.75 |
| 2007-03-31 | 4.75 |
| 2006-12-31 | 4.17 |
| 2006-09-30 | 4.32 |
| 2006-06-30 | 4.79 |
| 2006-03-31 | 5.11 |
| 2005-12-31 | 4.26 |
| 2005-09-30 | 4.55 |
| 2005-06-30 | 4.51 |
| 2005-03-31 | 5.00 |
| 2004-12-31 | 3.95 |
| 2004-09-30 | 4.28 |
| 2004-06-30 | 4.96 |
| 2004-03-31 | 4.89 |
| 2003-12-31 | 4.45 |
| 2003-09-30 | 4.90 |
| 2003-06-30 | 4.90 |
| 2003-03-31 | 4.86 |
| 2002-12-31 | 4.24 |
| 2002-09-30 | 5.18 |
| 2002-06-30 | 4.67 |