EPAM Systems Inc

NYSE EPAM

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EPAM Systems Inc Asset Coverage Ratio 3 year CAGR for the year ending December 31, 2023: 29.96%

EPAM Systems Inc Asset Coverage Ratio 3 year CAGR is 29.96% for the year ending December 31, 2023, a 7.29% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

EPAM Systems Inc Asset Coverage Ratio for the year ending December 31, 2022 was 55.45, a 56.12% change year over year.
EPAM Systems Inc Asset Coverage Ratio for the year ending December 31, 2021 was 35.52, a 14.15% change year over year.
EPAM Systems Inc Asset Coverage Ratio for the year ending December 31, 2020 was 31.11, a 17.48% change year over year.
EPAM Systems Inc Asset Coverage Ratio for the year ending December 31, 2019 was 26.48, a 58.20% change year over year.

NYSE: EPAM

EPAM Systems Inc

CEO	Mr. Arkadiy Dobkin
IPO Date	Feb. 8, 2012
Location	United States
Headquarters	41 University Drive, Newtown, PA, United States, 18940
Employees	53,150
Sector	Technology
Industry	Information technology services

Description

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services. It also provides operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. The company serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

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