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GGenpact Limited
$27.85$4.7B
Overview & Verdict
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HomeStocksGBalance Sheet

Genpact Limited (G) Balance Sheet

21Y historyFree accessUpdated daily

The company maintains a conservative capital structure with a debt-to-equity ratio that has fluctuated between 0.56 and 0.80 over the last ten quarters, supported by a current ratio consistently above 1.44.

G Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05
Total Current Assets2.41B2.66B2.08B1.89B1.78B1.92B1.75B1.55B1.36B1.43B1.23B1.2B1.19B1.28B1.13B985.12M935.78M847.14M744.33M671.86M242.9M187.15M
Cash & Short-Term Investments928.08M1.2B671.61M583.67M646.76M899.46M680.44M467.1M368.4M504.47M422.62M450.91M461.79M571.28M459.23M408.02M481.02M430.97M385.04M279.31M35.43M44.7M
Cash Only578.08M853.84M648.25M583.67M646.76M899.46M680.44M467.1M368.4M504.47M422.62M450.91M461.79M571.28M459.23M408.02M404.03M288.73M184.05M279.31M35.43M44.7M
Short-Term Investments350M350M23.36M000000000000076.98M142.24M200.99M000
Accounts Receivable1.31B1.28B1.23B1.13B1.01B896.25M890.05M933.42M796.66M693.09M615.26M590.14M525.75M505.12M451.99M402.43M305.93M253.69M229.3M192.66M151.49M79.89M
Days Sales Outstanding92.1991.9394.2792.4384.0381.3387.5896.7796.992.4387.3687.5284.1986.4886.7491.7888.6982.6780.4185.4890.1959.28
Inventory00000000150.22M191.44M172.51M134.15M187.64M192.69M208.26M000128.56M155.84M4.41M3.46M
Days Inventory Outstanding--------28.5341.5640.5132.7849.753.365.66---75.78110.354.464.15
Other Current Assets53.69M57.29M50.27M36.6M38.4M49.89M58.86M67.38M96.78M155.13M96.62M139.64M186.26M183.29M104.83M174.67M21.98M45.93M40.06M53.74M2.15M60.53M
Total Non-Current Assets3.21B3.19B2.91B2.91B2.81B3.05B3.12B2.9B2.17B2.02B1.66B1.6B1.55B1.41B1.48B1.42B957.68M900.42M951.99M1.07B838.39M783.05M
Property, Plant & Equipment368.09M372.16M408.98M393.74M405.48M519.98M585.92M618.37M212.72M207.03M200.12M175.4M175.94M173.2M200.36M180.5M197.17M189.11M174.27M195.66M157.98M113.51M
Fixed Asset Turnover13.62x13.65x11.66x11.37x10.78x7.74x6.33x5.69x14.11x13.22x12.85x14.03x12.96x12.31x9.49x8.87x6.39x5.92x5.97x4.20x3.88x4.33x
Goodwill1.77B1.78B1.67B1.68B1.68B1.73B1.7B1.57B1.39B1.34B1.07B1.04B1.06B953.85M956.06M925.34M570.15M548.72M531.9M601.12M493.45M477.11M
Intangible Assets69.74M67.04M26.95M53.03M89.72M169.63M236.73M230.86M177.09M131.59M72.05M98.6M114.54M99.12M112.39M113.29M33.35M36.23M62.17M109.63M131.59M171.83M
Long-Term Investments237.56M0144.07M100.76M0000836K886K4.8M6.68M494K384K416K220K1.91M588K1M197K00
Other Non-Current Assets737.39M707.8M387.8M383.98M494.45M526.67M499.63M389.09M315.35M262.17M242.33M180M146.71M97.36M116.55M107.04M120M89.25M71.66M162.8M53.83M20.36M
Total Assets5.62B5.84B4.99B4.81B4.59B4.98B4.87B4.45B3.53B3.45B2.89B2.79B2.74B2.69B2.61B2.4B1.89B1.75B1.7B1.74B1.08B970.2M
Asset Turnover0.93x0.87x0.96x0.93x0.95x0.81x0.76x0.79x0.85x0.79x0.89x0.88x0.83x0.79x0.73x0.67x0.66x0.64x0.61x0.47x0.57x0.51x
Asset Growth %35.14%17.17%3.78%4.73%-7.77%2.09%9.41%26.2%2.31%19.53%3.31%1.86%1.98%3.2%8.43%26.93%8.35%3.02%-2.7%61.24%11.45%-
Total Current Liabilities1.43B1.6B963.74M1.32B1.1B1.31B1.2B910.21M976.31M838.78M731.35M594.48M622.11M461.69M517.82M661.83M322.55M395.58M426.61M271.44M263.85M175.31M
Accounts Payable26.23M27.53M36.47M27.74M35.81M24.98M13.91M21.98M42.58M15.05M9.77M10.09M15.54M18.41M18.65M20.95M12.21M16.28M8.38M12.45M9.23M7.3M
Days Payables Outstanding3.693.074.333.484.613.522.13.58.093.272.292.464.125.095.887.615.658.834.948.819.348.77
Short-Term Debt439.37M437.69M26.17M442.24M177.14M383.43M283.54M103.51M328.48M209.23M199.18M60.63M140.73M5.67M86.28M282.78M26.84M46.85M56.55M22.8M105.26M22.01M
Deferred Revenue (Current)617.95M203.13M105.67M112.44M160.63M160.6M154.72M97.31M64.74M77.71M72.52M64.79M69.65M65.23M62.27M20.12M8.06M74.9M54.72M7.04M13.21M4.33M
Other Current Liabilities520M473.56M62.46M281.14M485.6M447.73M480.94M391.59M271.63M279.65M227.4M257.54M346.39M333.73M289.21M224.25M183.06M241.41M229.92M169.15M78.76M46.44M
Current Ratio1.69x1.66x2.16x1.44x1.61x1.47x1.45x1.70x1.39x1.71x1.68x2.01x1.91x2.76x2.18x1.49x2.90x2.14x1.74x2.48x0.92x1.07x
Quick Ratio1.69x1.66x2.16x1.44x1.61x1.47x1.45x1.70x1.23x1.48x1.44x1.78x1.61x2.35x1.78x1.49x2.90x2.14x1.44x1.90x0.90x1.05x
Cash Conversion Cycle88.51-------117.35130.72125.57117.84129.77134.68146.52---151.25187.0185.3254.67
Total Non-Current Liabilities1.72B1.69B1.63B1.24B1.66B1.77B1.84B1.85B1.15B1.19B867.88M894.65M835.29M903.61M916.33M305.88M89.67M152.24M425.35M218.23M192.75M202.93M
Long-Term Debt1.16B1.17B1.2B824.72M1.25B1.27B1.31B1.34B975.64M1.01B698.15M737.33M649.31M653.6M656.88M73.93M024.95M69.67M102.78M125.59M137.3M
Capital Lease Obligations656.67M160.53M162.4M174.89M202.2M264M320.32M322.82M1.71M2.66M2.5M2.2M2.66M2.66M2.53M1.7M2.49M3.38M4.34M3.11M01.9M
Deferred Tax Liabilities75.97M21.08M15.91M11.71M4.18M3.94M1.52M3.99M8.08M6.75M2.42M2.09M6.67M4.46M6.07M1.91M2.95M4.4M10.17M40.74M20.48M27.54M
Other Non-Current Liabilities332.96M296.44M209.89M168.68M147.65M148.69M138.68M109.58M109.72M94.25M85.36M81.8M124.22M195.48M176.83M197.08M84.23M119.51M341.17M27.89M46.68M31.86M
Total Liabilities3.14B3.29B2.6B2.56B2.76B3.08B3.04B2.77B2.13B2.03B1.6B1.49B1.46B1.37B1.43B967.7M412.22M547.82M851.96M489.67M456.6M378.23M
Total Debt1.76B1.76B1.45B1.5B1.7B2B1.99B1.83B1.3B1.22B897.33M797.97M792.71M661.93M745.7M358.41M29.33M85.65M130.55M128.69M230.85M161.21M
Net Debt1.18B910.66M796.85M919.33M1.05B1.1B1.31B1.37B935.73M711.45M474.71M347.06M330.92M90.65M286.47M-49.61M-374.7M-203.08M-53.5M-150.61M195.42M116.52M
Debt / Equity0.71x0.69x0.60x0.67x0.93x1.05x1.08x1.09x0.26x0.85x0.69x0.61x0.62x0.50x0.64x0.25x0.02x0.07x0.15x0.10x0.37x0.27x
Debt / EBITDA2.07x2.06x1.81x2.05x2.69x2.96x3.32x3.29x2.89x2.85x2.12x1.91x2.12x1.71x2.17x1.22x0.12x0.35x0.58x0.74x1.91x1.67x
Net Debt / EBITDA1.39x1.07x1.00x1.25x1.66x1.63x2.18x2.45x2.07x1.67x1.12x0.83x0.89x0.23x0.83x-0.17x-1.49x-0.84x-0.24x-0.87x1.61x1.21x
Interest Coverage22.34x15.72x9.51x10.08x9.01x9.29x8.12x8.87x8.46x9.03x15.07x11.12x8.38x9.57x10.35x29.41x68.14x38.03x17.94x6.15x3.53x2.01x
Total Equity2.48B2.55B2.39B2.25B1.83B1.9B1.83B1.69B4.93B1.43B1.29B1.3B1.29B1.32B1.17B1.44B1.48B1.2B844.37M1.25B624.7M591.97M
Equity Growth %24.49%6.69%6.28%23.12%-3.74%3.43%8.59%-65.76%245.3%10.66%-1.01%1.5%-2.94%13%-18.38%-3.08%23.46%42.09%-32.66%100.71%5.53%-
Book Value per Share14.3214.4313.2412.149.719.839.378.6625.437.256.145.955.715.625.116.346.595.453.876.1915.928.60
Total Shareholders' Equity2.48B2.55B2.39B2.25B1.83B1.9B1.83B1.69B1.4B1.42B1.29B1.3B1.29B1.32B1.17B1.43B1.48B1.2B841.79M1.25B624.7M591.97M
Common Stock1.69M1.7M1.74M1.79M1.82M1.85M1.89M1.9M1.89M1.92M1.98M2.11M2.18M2.31M2.25M2.22M2.21M2.17M2.15M2.12M12.23M12.21M
Retained Earnings1.44B1.39B1.24B1.09B780.01M732.47M741.66M648.66M438.45M355.98M358.12M411.51M398.71M511.7M281.98M605.39M421.09M278.91M151.61M26.47M5.98M681K
Treasury Stock00000000000000000000-49.99M0
Accumulated OCI-984.49M-861.44M-794.09M-722.55M-733.13M-554.35M-545.34M-531.96M-507.46M-355.23M-457.93M-451.29M-412.48M-459.61M-318.27M-320.75M-50.24M-146.99M-342.27M221.96M-15.29M-53.47M
Minority Interest000000003.53B4.75M4.52M001.33M3.37M2.63M2.57M2.35M2.57M3.07M00

Key Metrics

Growth RegimeStable
ProfitabilityModerate
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Working capital volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Capital Base Shows Resilient Expansion

According to the provided financial data, Genpact has steadily grown its total assets from $4.8 billion in 2023Q4 to $5.6 billion by 2026Q1, reflecting a consistent expansion of the balance sheet that appears to support the company's ongoing investment in digital transformation and service delivery capabilities.

The steady increase in total assets suggests that the company is successfully scaling its operations to meet client demand for complex, integrated business services. Investors should monitor whether this asset growth continues to translate into proportional revenue gains or if it indicates an accumulation of underutilized capital.

Leverage Remains Within Conservative Bounds

As reported in the quarterly balance sheets, Genpact maintains a disciplined debt-to-equity ratio that fluctuated between 0.56 and 0.80 over the last ten quarters, signaling that management prioritizes a conservative capital structure despite the capital-intensive nature of global IT services and business process outsourcing.

The current debt level appears manageable, providing the firm with sufficient financial flexibility to navigate potential economic downturns or fund strategic acquisitions. This moderate leverage profile suggests that the company is not overly reliant on external financing to sustain its core operations or capital return programs.

Goodwill Concentration Warrants Close Monitoring

Based on the reported figures, goodwill accounts for approximately $1.8 billion of the $5.6 billion total asset base as of 2026Q1, representing a significant portion of the company's valuation that is inherently sensitive to the long-term performance of past acquisitions and integration success.

The high concentration of intangible assets suggests that Genpact's market position is heavily reliant on the value derived from previous inorganic growth strategies. Investors should remain cautious, as any impairment of these assets could materially impact the company's book value and overall financial health.

Liquidity Buffers Support Operational Stability

As evidenced by the quarterly data, Genpact's current ratio has remained consistently above 1.44 over the last ten quarters, indicating a robust liquidity position that provides a necessary buffer against the working capital volatility often associated with large-scale, multi-year managed services contracts and billing cycles.

The company's ability to maintain a healthy current ratio suggests that it is well-positioned to meet its short-term obligations without needing to tap into expensive credit facilities. This liquidity strength appears to be a key component of the firm's defensive profile in the competitive IT services industry.

G — Frequently Asked Questions

Quick answers to the most common questions about buying G stock.

What are the total assets of Genpact Limited (G)?

As of 2025, Genpact Limited (G) had total assets of $5.84B including $2.66B in current assets.

How much debt does Genpact Limited (G) have?

Genpact Limited (G) carries total debt of $1.76B, offset by $1.20B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Genpact Limited?

Genpact Limited (G) has total shareholders' equity (book value) of $2.55B ($14.43 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Genpact Limited's current ratio and liquidity?

Genpact Limited (G) reported a current ratio of 1.66x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.