Concentrix Corporation (CNXC) Balance Sheet

NASDAQ: CNXCAssets, liabilities, debt and equity over 8 years.

CNXC balance sheet, FY2025

November 30, 2025 · U.S. dollars

$10.76B assets = $8.02B liabilities + $2.74B equity

Both columns are drawn to the same scale: what CNXC owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CNXC financial health

Current ratio1.40

Adequate · current assets cover current liabilities 1.40×

Debt / equity1.69

High leverage · $1.69 of debt for each $1 of equity

Equity / assets25.5%

Balanced · of assets funded by shareholders

Cash / debt7.1%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles52.3%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

CNXC balance sheet trends, FY2018–FY2025

Concentrix Corporation balance sheet trends
Metric	Then	Latest	Change
Total assets	$4.77BFY2018	$10.76BFY2025	+12.3%/yr
Total liabilities	$3.45BFY2018	$8.02BFY2025	+12.8%/yr
Shareholders’ equity	$1.32BFY2018	$2.74BFY2025	+11.0%/yr
Cash & short-term investments	$123.4MFY2018	$327.3MFY2025	+15.0%/yr
Total debt	$2.24BFY2018	$4.64BFY2025	+10.9%/yr
Net cash (debt)	−$2.12BFY2018	−$4.31BFY2025	−$2.2B
Working capital	−$1.71BFY2018	$888.2MFY2025	+$2.6B
Book value per share	$25.53FY2018	$43.55FY2025	+7.9%/yr
Current ratio	0.43FY2018	1.40FY2025	+0.97
Debt / equity	1.70FY2018	1.69FY2025	−0.01
Shares outstanding	51.7MFY2018	63.0MFY2025	+2.9%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CNXC assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CNXC liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CNXC debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CNXC balance sheet

Concentrix Corporation annual balance sheet
	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Assets
Cash & short-term investments	$327.3M	$429.6M	$516.5M	$157.5M	$183.0M	$156.4M	$83.5M	$123.4M
Cash & equivalents	$327.3M	$429.6M	$516.5M	$157.5M	$183.0M	$156.4M	$83.5M	$123.4M
Short-term investments	—	—	—	—	—	$2.31B	—	—
Receivables	$2.00B	$1.93B	$1.89B	$1.39B	$1.21B	$1.08B	$1.02B	$943.6M
Inventory	$0	$0	$221.2M	$0	$0	$0	$3.9M	$4.5M
Other current assets	$758.1M	$486.1M	$232.1M	$206.4M	$152.1M	$185.5M	$196.0M	$227.0M
Total current assets	$3.08B	$2.84B	$2.86B	$1.75B	$1.54B	$1.42B	$1.30B	$1.30B
Property, plant & equipment (net)	$735.5M	$714.5M	$748.7M	$403.8M	$407.1M	$451.6M	$411.5M	$419.6M
Goodwill & intangible assets	$5.63B	$7.27B	$7.88B	$3.89B	$2.47B	$2.64B	$2.76B	$2.88B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$1.31B	$1.16B	$1.00B	$621.6M	$627.1M	$667.5M	$179.2M	$168.8M
Total assets	$10.76B	$11.99B	$12.49B	$6.67B	$5.05B	$5.18B	$4.65B	$4.77B
Liabilities
Accounts payable	$244.8M	$209.8M	$243.6M	$161.2M	$129.4M	$140.6M	$192.0M	$136.6M
Short-term debt	$65.6M	$238.4M	$231.3M	$158.8M	$153.3M	$219.6M	$2.07B	$2.24B
Deferred revenue	—	—	$136.8M	−$158.8M	−$153.3M	—	—	—
Total current liabilities	$2.20B	$2.00B	$2.07B	$1.13B	$968.2M	$1.01B	$2.70B	$3.01B
Long-term debt	$4.57B	$4.73B	$4.94B	$2.22B	$802.0M	$1.11B	$0	$0
Other long-term liabilities	$1.25B	$1.22B	$1.33B	$617.5M	$655.9M	$755.4M	$485.6M	$434.5M
Total liabilities	$8.02B	$7.95B	$8.35B	$3.97B	$2.43B	$2.88B	$3.18B	$3.45B
Shareholders' equity
Common stock & paid-in capital	$7,000	$7,000	$7,000	$5,000	$5,000	$2.31B	$1.52B	$1.36B
Retained earnings (deficit)	−$177.0M	$1.19B	$1.02B	$774.1M	$392.5M	$0	—	—
Treasury stock	—	—	—	−$190.8M	−$57.5M	—	—	—
Accumulated other comprehensive income	−$252.5M	−$414.3M	−$191.7M	−$315.7M	−$70.5M	−$3.8M	−$50.1M	−$39.2M
Total shareholders' equity	$2.74B	$4.04B	$4.14B	$2.70B	$2.62B	$2.30B	$1.47B	$1.32B
Key figures
Total debt	$4.64B	$5.60B	$5.79B	$2.72B	$1.31B	$1.70B	$2.07B	$2.24B
Net cash (debt)	−$4.31B	−$5.17B	−$5.28B	−$2.57B	−$1.13B	−$1.55B	−$1.98B	−$2.12B
Working capital	$888.2M	$846.6M	$784.6M	$622.2M	$574.9M	$414.7M	−$1.40B	−$1.71B
Tangible book value	−$2.89B	−$3.23B	−$3.74B	−$1.19B	$151.2M	−$332.9M	−$1.29B	−$1.56B
Book value per share	$43.55	$62.08	$76.71	$52.10	$50.47	$44.61	$28.48	$25.53
Shares outstanding	63.0M	65.1M	54.0M	51.7M	51.9M	51.6M	51.6M	51.7M
Current ratio	1.40	1.42	1.38	1.55	1.59	1.41	0.48	0.43
Quick ratio	1.06	1.18	1.16	1.37	1.44	1.23	0.41	0.35
Debt / equity	1.69	1.39	1.40	1.01	0.50	0.74	1.41	1.70
Equity / assets	25.5%	33.7%	33.2%	40.4%	51.9%	44.5%	31.6%	27.7%

Concentrix Corporation quarterly balance sheet
	Aug '26	May '26	Feb '26	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24	May '24	Feb '24	Nov '23
Assets
Cash & short-term investments	$244.7M	$255.6M	$222.7M	$327.3M	$538.5M	$535.1M	$475.4M	$429.6M	$441.8M	$398.1M	$418.0M	$516.5M
Cash & equivalents	$244.7M	$255.6M	$222.7M	$327.3M	$538.5M	$535.1M	$475.4M	$429.6M	$441.8M	$398.1M	$418.0M	$516.5M
Receivables	$1.97B	$1.99B	$2.04B	$2.00B	$2.05B	$2.06B	$2.01B	$1.93B	$1.94B	$1.87B	$1.93B	$1.89B
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$221.2M
Other current assets	$702.2M	$796.3M	$780.2M	$758.1M	$547.1M	$574.1M	$470.3M	$486.1M	$472.9M	$446.6M	$436.3M	$232.1M
Total current assets	$2.92B	$3.04B	$3.04B	$3.08B	$3.14B	$3.17B	$2.96B	$2.84B	$2.85B	$2.72B	$2.78B	$2.86B
Property, plant & equipment (net)	$1.56B	$709.8M	$726.1M	$735.5M	$733.3M	$711.5M	$677.6M	$714.5M	$732.7M	$727.7M	$730.2M	$748.7M
Goodwill & intangible assets	$4.29B	$5.40B	$5.56B	$5.63B	$7.27B	$7.29B	$7.10B	$7.27B	$7.57B	$7.59B	$7.70B	$7.88B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$493.1M	$1.36B	$1.34B	$1.31B	$1.27B	$1.23B	$1.16B	$1.16B	$1.06B	$1.04B	$1.03B	$1.00B
Total assets	$9.26B	$10.51B	$10.67B	$10.76B	$12.41B	$12.40B	$11.90B	$11.99B	$12.21B	$12.08B	$12.24B	$12.49B
Liabilities
Accounts payable	$221.5M	$198.1M	$202.4M	$244.8M	$221.6M	$209.5M	$158.0M	$209.8M	$211.3M	$201.5M	$202.4M	$243.6M
Short-term debt	$450.0M	$650.0M	$750.0M	$65.6M	$289.7M	$277.3M	$241.6M	$238.4M	$240.9M	$234.5M	$235.7M	$231.3M
Deferred revenue	—	—	—	—	—	—	—	—	$30.5M	$38.5M	$59.6M	$80.6M
Total current liabilities	$2.37B	$2.58B	$2.58B	$2.20B	$2.01B	$1.97B	$1.79B	$2.00B	$1.81B	$1.77B	$1.78B	$2.07B
Long-term debt	$0	$3.93B	$4.00B	$4.57B	$4.79B	$4.86B	$4.90B	$4.73B	$4.91B	$4.92B	$5.03B	$4.94B
Other long-term liabilities	$5.12B	$1.30B	$1.32B	$1.25B	$1.27B	$1.28B	$1.17B	$1.22B	$1.32B	$1.31B	$1.32B	$1.33B
Total liabilities	$7.49B	$7.81B	$7.89B	$8.02B	$8.07B	$8.12B	$7.86B	$7.95B	$8.04B	$8.00B	$8.14B	$8.35B
Shareholders' equity
Common stock & paid-in capital	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000	$7,000
Retained earnings (deficit)	−$1.16B	−$146.5M	−$178.6M	−$177.0M	$1.33B	$1.26B	$1.24B	$1.19B	$1.10B	$1.10B	$1.06B	$1.02B
Accumulated other comprehensive income	−$275.9M	−$332.9M	−$191.0M	−$252.5M	−$209.1M	−$223.0M	−$468.2M	−$414.3M	−$207.9M	−$310.1M	−$264.3M	−$191.7M
Total shareholders' equity	$1.77B	$2.70B	$2.79B	$2.74B	$4.34B	$4.28B	$4.03B	$4.04B	$4.17B	$4.08B	$4.10B	$4.14B
Key figures
Total debt	$4.38B	$4.58B	$4.75B	$4.64B	$5.72B	$5.77B	$5.74B	$5.60B	$5.78B	$5.79B	$5.92B	$5.79B
Net cash (debt)	−$4.13B	−$4.33B	−$4.52B	−$4.31B	−$5.18B	−$5.24B	−$5.26B	−$5.17B	−$5.34B	−$5.40B	−$5.50B	−$5.28B
Working capital	$546.4M	$460.5M	$465.9M	$888.2M	$1.13B	$1.20B	$1.17B	$846.6M	$1.04B	$949.9M	$999.2M	$784.6M
Tangible book value	−$2.52B	−$2.70B	−$2.77B	−$2.89B	−$2.93B	−$3.01B	−$3.06B	−$3.23B	−$3.40B	−$3.51B	−$3.60B	−$3.74B
Book value per share	$29.04	$44.23	$45.49	$44.21	$68.54	$67.48	$62.96	$62.08	$64.38	$62.50	$62.34	$66.87
Shares outstanding	60.9M	61.1M	61.3M	62.1M	63.4M	63.4M	64.1M	65.1M	64.7M	65.3M	65.8M	62.0M
Current ratio	1.23	1.18	1.18	1.40	1.56	1.61	1.65	1.42	1.57	1.54	1.56	1.38
Quick ratio	0.93	0.87	0.88	1.06	1.29	1.32	1.39	1.18	1.31	1.28	1.32	1.16
Debt / equity	2.47	1.70	1.70	1.69	1.32	1.35	1.42	1.39	1.39	1.42	1.44	1.40
Equity / assets	19.1%	25.7%	26.1%	25.5%	35.0%	34.5%	33.9%	33.7%	34.1%	33.8%	33.5%	33.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed January 28, 2026); data from EODHD.

CNXC financial position

At the end of fiscal 2025 (November 30, 2025), Concentrix had total assets of $10.8 billion (down 10.3% from a year earlier), total liabilities of $8.0 billion and shareholders' equity of $2.7 billion. It held $327.3 million in cash and short-term investments against $4.6 billion of debt, net debt of $4.3 billion. Its current ratio was 1.40. In the latest quarter (ended August 31, 2026) total assets were $9.3 billion and equity $1.8 billion.

Related: CNXC income statement, CNXC cash flow statement, CNXC key metrics. See the CNXC stock overview for the latest quote and news.

CNXC balance sheet FAQ

What are Concentrix's total assets?

Concentrix reported total assets of $10.8 billion at the end of fiscal 2025 (November 30, 2025), compared with $12.0 billion a year earlier.

How much debt does Concentrix have?

Concentrix had $4.6 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 1.69.

How much cash does Concentrix have?

Concentrix held $327.3 million in cash and short-term investments at the end of fiscal 2025; with $4.6 billion of debt that is net debt of $4.3 billion.

What is Concentrix's book value?

Concentrix's shareholders' equity (book value) was $2.7 billion at the end of fiscal 2025, or $43.55 per share.

What is Concentrix's current ratio?

Concentrix had current assets of $3.1 billion and current liabilities of $2.2 billion, a current ratio of 1.40 (it can cover its short-term obligations).

How much goodwill does Concentrix have?

Concentrix carried $5.6 billion of goodwill and intangible assets, 52.3% of total assets, at the end of fiscal 2025.