English

COVANSYS CORP

EDGAR

Quarterly report (10-Q) · filed 2007-05-07

53 filing records in this dataset, filed from 1997-05-13 to 2007-05-07. Explore the available filing history and original sources.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

118 million USD

2007-03-31 · USD

Exact inputs and evidence

Revenue: 117854000 USD Source

Operating margin

9.27%

2007-03-31 · %

Exact inputs and evidence

Operating Income: 10927000 USD Source
Revenue: 117854000 USD Source

Operating cash flow

4.83 million USD

2007-03-31 · USD

Exact inputs and evidence

Operating Cash Flow: 4831000 USD Source

Cash and cash equivalents: 97.8 million USD 2007-03-31 Source
Exact value

97826000 USD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

464 million USD

2006-04-01 – 2007-03-31

Exact inputs and evidence

Revenue: 117981000 USD · 2006-04-01 – 2006-06-30 Source
Revenue: 110855000 USD · 2006-07-01 – 2006-09-30 Source
Revenue: 455471000 USD · 2006-01-01 – 2006-12-31 Source
Revenue: 338614000 USD · 2006-01-01 – 2006-09-30 Source
Revenue: 117854000 USD · 2007-01-01 – 2007-03-31 Source

Net income

39.7 million USD

2006-04-01 – 2007-03-31

Exact inputs and evidence

Net income: 10339000 USD · 2006-04-01 – 2006-06-30 Source
Net income: 10337000 USD · 2006-07-01 – 2006-09-30 Source
Net income: 35920000 USD · 2006-01-01 – 2006-12-31 Source
Net income: 25633000 USD · 2006-01-01 – 2006-09-30 Source
Net income: 8720000 USD · 2007-01-01 – 2007-03-31 Source

Operating cash flow

37.3 million USD

2006-04-01 – 2007-03-31

Exact inputs and evidence

Operating cash flow: 18718000 USD · 2006-01-01 – 2006-06-30 Source
Operating cash flow: 3038000 USD · 2006-01-01 – 2006-03-31 Source
Operating cash flow: 17869000 USD · 2006-01-01 – 2006-09-30 Source
Operating cash flow: 18718000 USD · 2006-01-01 – 2006-06-30 Source
Operating cash flow: 35505000 USD · 2006-01-01 – 2006-12-31 Source
Operating cash flow: 17869000 USD · 2006-01-01 – 2006-09-30 Source
Operating cash flow: 4831000 USD · 2007-01-01 – 2007-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2007-05-07.

Financial data available through: 2006-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2006-12-31
Operating income: 10 of 11 periods available· newest 2006-12-31
Net income: 11 of 11 periods available· newest 2006-12-31
Operating cash flow: 10 of 11 periods available· newest 2006-12-31
capital expenditure: No compatible figures in this window
Total assets: 11 of 11 periods available· newest 2006-12-31
liabilities: No compatible figures in this window
Current assets: 11 of 11 periods available· newest 2006-12-31
Current liabilities: 11 of 11 periods available· newest 2006-12-31
Cash and cash equivalents: 11 of 11 periods available· newest 2006-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+4.9%

Prior period

USD 434.12 million

2005-01-01 – 2005-12-31
Current period

USD 455.47 million

2006-01-01 – 2006-12-31

Exact inputs and evidence

455471000 − 434120000 = 21351000 USD

434120000 USD · 2005-01-01 – 2005-12-31
Inspect prior input Prior source
455471000 USD · 2006-01-01 – 2006-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · COVANSYS CORP · 2006-12-31 COVANSYS CORP (edgar:1028461) Year-over-year change in Revenue: 21351000 USD Concept: fundies:Revenue Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 455471000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#11903 Input fundies:Revenue: 434120000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#11903
The citation records this snapshot. The page link may show a newer release later.
Net income
-4.3%

Prior period

USD 37.54 million

2005-01-01 – 2005-12-31
Current period

USD 35.92 million

2006-01-01 – 2006-12-31

Exact inputs and evidence

35920000 − 37538000 = -1618000 USD

37538000 USD · 2005-01-01 – 2005-12-31
Inspect prior input Prior source
35920000 USD · 2006-01-01 – 2006-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · COVANSYS CORP · 2006-12-31 COVANSYS CORP (edgar:1028461) Year-over-year change in Net income: -1618000 USD Concept: fundies:NetIncome Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 35920000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#16933 Input fundies:NetIncome: 37538000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#16933
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-31.3%

Prior period

USD 51.69 million

2005-01-01 – 2005-12-31
Current period

USD 35.51 million

2006-01-01 – 2006-12-31

Exact inputs and evidence

35505000 − 51689000 = -16184000 USD

51689000 USD · 2005-01-01 – 2005-12-31
Inspect prior input Prior source
35505000 USD · 2006-01-01 – 2006-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · COVANSYS CORP · 2006-12-31 COVANSYS CORP (edgar:1028461) Year-over-year change in Operating cash flow: -16184000 USD Concept: fundies:OperatingCashFlow Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 35505000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#17729 Input fundies:OperatingCashFlow: 51689000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#17729
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2006 2006-01-01 – 2006-12-31

Revenue USD 455.47 million 100% of revenue
Operating costs Derived USD 407.17 million 89% of revenue
Operating income USD 48.3 million 11% of revenue
Tax, interest and other Derived USD 12.38 million 2.7% of revenue
Net income USD 35.92 million 7.9% of revenue

Cash

Operating cash flow USD 35.51 million 7.8% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

1997 94%
1998 96%
1999 90%
2000 Not shown: operating income or net income is not reported.
2001 Operating loss: operating costs were 106% of revenue.
2002 Net income was higher than operating income, so the split is not drawn.
2003 Net income was higher than operating income, so the split is not drawn.
2004 94%
2005 89%
2006 89%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
1997 1997-01-01 – 1997-12-31	261282000	244957000 Derived	16325000	6518000 Derived	9807000	Unavailable	Source 1997-01-01 – 1997-12-31: 261282000 USD Inspect Revenue Open source 1997-01-01 – 1997-12-31: 16325000 USD Inspect Operating Income Open source 1997-01-01 – 1997-12-31: 9807000 USD Inspect Net Income Open source 1997-01-01 – 1997-12-31: 12874000 USD Inspect Operating Cash Flow Open source
1998 1998-01-01 – 1998-12-31	361667000	347917000 Derived	13750000	7059000 Derived	6691000	Unavailable	Source 1998-01-01 – 1998-12-31: 361667000 USD Inspect Revenue Open source 1998-01-01 – 1998-12-31: 13750000 USD Inspect Operating Income Open source 1998-01-01 – 1998-12-31: 6691000 USD Inspect Net Income Open source 1998-01-01 – 1998-12-31: 14409000 USD Inspect Operating Cash Flow Open source
1999 1999-01-01 – 1999-12-31	443541000	401208000 Derived	42333000	12536000 Derived	29797000	Unavailable	Source 1999-01-01 – 1999-12-31: 443541000 USD Inspect Revenue Open source 1999-01-01 – 1999-12-31: 42333000 USD Inspect Operating Income Open source 1999-01-01 – 1999-12-31: 29797000 USD Inspect Net Income Open source 1999-01-01 – 1999-12-31: 11771000 USD Inspect Operating Cash Flow Open source
2000 2000-01-01 – 2000-12-31	419641000	Unavailable	Unavailable	Unavailable	-31937000	Unavailable	Source 2000-01-01 – 2000-12-31: 419641000 USD Inspect Revenue Open source 2000-01-01 – 2000-12-31: -31937000 USD Inspect Net Income Open source
2001 2001-01-01 – 2001-12-31	404734000	429644000 Derived	-24910000	-14199000 Derived	-10711000	Unavailable	Source 2001-01-01 – 2001-12-31: 404734000 USD Inspect Revenue Open source 2001-01-01 – 2001-12-31: -24910000 USD Inspect Operating Income Open source 2001-01-01 – 2001-12-31: -10711000 USD Inspect Net Income Open source 2001-01-01 – 2001-12-31: 18383000 USD Inspect Operating Cash Flow Open source
2002 2002-01-01 – 2002-12-31	383053000	382384000 Derived	669000	-3224000 Derived	3893000	Unavailable	Source 2002-01-01 – 2002-12-31: 383053000 USD Inspect Revenue Open source 2002-01-01 – 2002-12-31: 669000 USD Inspect Operating Income Open source 2002-01-01 – 2002-12-31: 3893000 USD Inspect Net Income Open source 2002-01-01 – 2002-12-31: 16528000 USD Inspect Operating Cash Flow Open source
2003 2003-01-01 – 2003-12-31	378630000	368914000 Derived	9716000	-403000 Derived	10119000	Unavailable	Source 2003-01-01 – 2003-12-31: 378630000 USD Inspect Revenue Open source 2003-01-01 – 2003-12-31: 9716000 USD Inspect Operating Income Open source 2003-01-01 – 2003-12-31: 10119000 USD Inspect Net Income Open source 2003-01-01 – 2003-12-31: 35710000 USD Inspect Operating Cash Flow Open source
2004 2004-01-01 – 2004-12-31	374373000	353456000 Derived	20917000	3413000 Derived	17504000	Unavailable	Source 2004-01-01 – 2004-12-31: 374373000 USD Inspect Revenue Open source 2004-01-01 – 2004-12-31: 20917000 USD Inspect Operating Income Open source 2004-01-01 – 2004-12-31: 17504000 USD Inspect Net Income Open source 2004-01-01 – 2004-12-31: 39391000 USD Inspect Operating Cash Flow Open source
2005 2005-01-01 – 2005-12-31	434120000	388206000 Derived	45914000	8376000 Derived	37538000	Unavailable	Source 2005-01-01 – 2005-12-31: 434120000 USD Inspect Revenue Open source 2005-01-01 – 2005-12-31: 45914000 USD Inspect Operating Income Open source 2005-01-01 – 2005-12-31: 37538000 USD Inspect Net Income Open source 2005-01-01 – 2005-12-31: 51689000 USD Inspect Operating Cash Flow Open source
2006 2006-01-01 – 2006-12-31	455471000	407174000 Derived	48297000	12377000 Derived	35920000	Unavailable	Source 2006-01-01 – 2006-12-31: 455471000 USD Inspect Revenue Open source 2006-01-01 – 2006-12-31: 48297000 USD Inspect Operating Income Open source 2006-01-01 – 2006-12-31: 35920000 USD Inspect Net Income Open source 2006-01-01 – 2006-12-31: 35505000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 455.5M 2006

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
19971997-12-31	Revenue	261282000	Revenue: 261282000 Open source
19981998-12-31	Revenue	361667000	Revenue: 361667000 Open source
19991999-12-31	Revenue	443541000	Revenue: 443541000 Open source
20002000-12-31	Revenue	419641000	Revenue: 419641000 Open source
20012001-12-31	Revenue	404734000	Revenue: 404734000 Open source
20022002-12-31	Revenue	383053000	Revenue: 383053000 Open source
20032003-12-31	Revenue	378630000	Revenue: 378630000 Open source
20042004-12-31	Revenue	374373000	Revenue: 374373000 Open source
20052005-12-31	Revenue	434120000	Revenue: 434120000 Open source
20062006-12-31	Revenue	455471000	Revenue: 455471000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

4.9% 2006

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
19971997-12-31	Year over year	43.1%	Revenue: 261282000 Open source Revenue: 182632000 Open source
19981998-12-31	Year over year	38.4%	Revenue: 361667000 Open source Revenue: 261282000 Open source
19991999-12-31	Year over year	22.6%	Revenue: 443541000 Open source Revenue: 361667000 Open source
20002000-12-31	Year over year	-5.4%	Revenue: 419641000 Open source Revenue: 443541000 Open source
20012001-12-31	Year over year	-3.6%	Revenue: 404734000 Open source Revenue: 419641000 Open source
20022002-12-31	Year over year	-5.4%	Revenue: 383053000 Open source Revenue: 404734000 Open source
20032003-12-31	Year over year	-1.2%	Revenue: 378630000 Open source Revenue: 383053000 Open source
20042004-12-31	Year over year	-1.1%	Revenue: 374373000 Open source Revenue: 378630000 Open source
20052005-12-31	Year over year	16%	Revenue: 434120000 Open source Revenue: 374373000 Open source
20062006-12-31	Year over year	4.9%	Revenue: 455471000 Open source Revenue: 434120000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 10.6% 2006

Net margin 7.9% 2006

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
19971997-12-31	Operating margin	6.2%	Operating Income: 16325000 Open source Revenue: 261282000 Open source
19981998-12-31	Operating margin	3.8%	Operating Income: 13750000 Open source Revenue: 361667000 Open source
19991999-12-31	Operating margin	9.5%	Operating Income: 42333000 Open source Revenue: 443541000 Open source
2000-12-31	Operating margin	Not reported	Revenue: 419641000 Open source
20012001-12-31	Operating margin	-6.2%	Operating Income: -24910000 Open source Revenue: 404734000 Open source
20022002-12-31	Operating margin	0.2%	Operating Income: 669000 Open source Revenue: 383053000 Open source
20032003-12-31	Operating margin	2.6%	Operating Income: 9716000 Open source Revenue: 378630000 Open source
20042004-12-31	Operating margin	5.6%	Operating Income: 20917000 Open source Revenue: 374373000 Open source
20052005-12-31	Operating margin	10.6%	Operating Income: 45914000 Open source Revenue: 434120000 Open source
20062006-12-31	Operating margin	10.6%	Operating Income: 48297000 Open source Revenue: 455471000 Open source
19971997-12-31	Net margin	3.8%	Net Income: 9807000 Open source Revenue: 261282000 Open source
19981998-12-31	Net margin	1.9%	Net Income: 6691000 Open source Revenue: 361667000 Open source
19991999-12-31	Net margin	6.7%	Net Income: 29797000 Open source Revenue: 443541000 Open source
20002000-12-31	Net margin	-7.6%	Net Income: -31937000 Open source Revenue: 419641000 Open source
20012001-12-31	Net margin	-2.6%	Net Income: -10711000 Open source Revenue: 404734000 Open source
20022002-12-31	Net margin	1%	Net Income: 3893000 Open source Revenue: 383053000 Open source
20032003-12-31	Net margin	2.7%	Net Income: 10119000 Open source Revenue: 378630000 Open source
20042004-12-31	Net margin	4.7%	Net Income: 17504000 Open source Revenue: 374373000 Open source
20052005-12-31	Net margin	8.6%	Net Income: 37538000 Open source Revenue: 434120000 Open source
20062006-12-31	Net margin	7.9%	Net Income: 35920000 Open source Revenue: 455471000 Open source
19971997-12-31	Free cash flow margin	Not reported	Revenue: 261282000 Open source Operating Cash Flow: 12874000 Open source
19981998-12-31	Free cash flow margin	Not reported	Revenue: 361667000 Open source Operating Cash Flow: 14409000 Open source
19991999-12-31	Free cash flow margin	Not reported	Revenue: 443541000 Open source Operating Cash Flow: 11771000 Open source
20002000-12-31	Free cash flow margin	Not reported	Revenue: 419641000 Open source
20012001-12-31	Free cash flow margin	Not reported	Revenue: 404734000 Open source Operating Cash Flow: 18383000 Open source
20022002-12-31	Free cash flow margin	Not reported	Revenue: 383053000 Open source Operating Cash Flow: 16528000 Open source
20032003-12-31	Free cash flow margin	Not reported	Revenue: 378630000 Open source Operating Cash Flow: 35710000 Open source
20042004-12-31	Free cash flow margin	Not reported	Revenue: 374373000 Open source Operating Cash Flow: 39391000 Open source
20052005-12-31	Free cash flow margin	Not reported	Revenue: 434120000 Open source Operating Cash Flow: 51689000 Open source
20062006-12-31	Free cash flow margin	Not reported	Revenue: 455471000 Open source Operating Cash Flow: 35505000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 35.5M 2006

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19971997-12-31	Operating cash flow	12874000	Operating Cash Flow: 12874000 Open source
19981998-12-31	Operating cash flow	14409000	Operating Cash Flow: 14409000 Open source
19991999-12-31	Operating cash flow	11771000	Operating Cash Flow: 11771000 Open source
20002000-12-31	Operating cash flow	Not reported	No source recorded
20012001-12-31	Operating cash flow	18383000	Operating Cash Flow: 18383000 Open source
20022002-12-31	Operating cash flow	16528000	Operating Cash Flow: 16528000 Open source
20032003-12-31	Operating cash flow	35710000	Operating Cash Flow: 35710000 Open source
20042004-12-31	Operating cash flow	39391000	Operating Cash Flow: 39391000 Open source
20052005-12-31	Operating cash flow	51689000	Operating Cash Flow: 51689000 Open source
20062006-12-31	Operating cash flow	35505000	Operating Cash Flow: 35505000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19971997-12-31	Free cash flow	Unavailable	Operating Cash Flow: 12874000 Open source
19981998-12-31	Free cash flow	Unavailable	Operating Cash Flow: 14409000 Open source
19991999-12-31	Free cash flow	Unavailable	Operating Cash Flow: 11771000 Open source
20002000-12-31	Free cash flow	Unavailable	No source recorded
20012001-12-31	Free cash flow	Unavailable	Operating Cash Flow: 18383000 Open source
20022002-12-31	Free cash flow	Unavailable	Operating Cash Flow: 16528000 Open source
20032003-12-31	Free cash flow	Unavailable	Operating Cash Flow: 35710000 Open source
20042004-12-31	Free cash flow	Unavailable	Operating Cash Flow: 39391000 Open source
20052005-12-31	Free cash flow	Unavailable	Operating Cash Flow: 51689000 Open source
20062006-12-31	Free cash flow	Unavailable	Operating Cash Flow: 35505000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
1997-12-31	Liabilities / assets	Not reported	Total Assets: 168240000 Open source
1998-12-31	Liabilities / assets	Not reported	Total Assets: 191045000 Open source
1999-12-31	Liabilities / assets	Not reported	Total Assets: 277388000 Open source
2000-12-31	Liabilities / assets	Not reported	Total Assets: 330901000 Open source
2001-12-31	Liabilities / assets	Not reported	Total Assets: 297623000 Open source
2002-12-31	Liabilities / assets	Not reported	Total Assets: 304936000 Open source
2003-12-31	Liabilities / assets	Not reported	Total Assets: 314871000 Open source
2004-12-31	Liabilities / assets	Not reported	Total Assets: 248802000 Open source
2005-12-31	Liabilities / assets	Not reported	Total Assets: 271261000 Open source
2006-12-31	Liabilities / assets	Not reported	Total Assets: 297328000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

4× 2006

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
19971997-12-31	Current assets / current liabilities	3.57×	Current Assets: 140389000 Open source Current Liabilities: 39283000 Open source
19981998-12-31	Current assets / current liabilities	3.3×	Current Assets: 156106000 Open source Current Liabilities: 47249000 Open source
19991999-12-31	Current assets / current liabilities	5.29×	Current Assets: 204759000 Open source Current Liabilities: 38708000 Open source
20002000-12-31	Current assets / current liabilities	4.76×	Current Assets: 261974000 Open source Current Liabilities: 55074000 Open source
20012001-12-31	Current assets / current liabilities	4.77×	Current Assets: 236826000 Open source Current Liabilities: 49669000 Open source
20022002-12-31	Current assets / current liabilities	3.81×	Current Assets: 223683000 Open source Current Liabilities: 58784000 Open source
20032003-12-31	Current assets / current liabilities	4.45×	Current Assets: 241911000 Open source Current Liabilities: 54383000 Open source
20042004-12-31	Current assets / current liabilities	2.58×	Current Assets: 183582000 Open source Current Liabilities: 71149000 Open source
20052005-12-31	Current assets / current liabilities	3.43×	Current Assets: 204637000 Open source Current Liabilities: 59727000 Open source
20062006-12-31	Current assets / current liabilities	4×	Current Assets: 231808000 Open source Current Liabilities: 58003000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
1997 1997-01-01 – 1997-12-31	USD 9.81 million Exact value Exact value: 9807000 USD 1997-01-01 – 1997-12-31: 9807000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 1997-12-31 COVANSYS CORP (edgar:1028461) Net Income: 9807000 USD Concept: fundies:NetIncome Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:NetIncome: 9807000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-00-001738.txt#6944 The citation records this snapshot. The page link may show a newer release later.	USD 12.87 million Exact value Exact value: 12874000 USD 1997-01-01 – 1997-12-31: 12874000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 1997-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 12874000 USD Concept: fundies:OperatingCashFlow Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 12874000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-00-001738.txt#7255 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1998 1998-01-01 – 1998-12-31	USD 6.69 million Exact value Exact value: 6691000 USD 1998-01-01 – 1998-12-31: 6691000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 1998-12-31 COVANSYS CORP (edgar:1028461) Net Income: 6691000 USD Concept: fundies:NetIncome Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:NetIncome: 6691000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-01-001930.txt#7928 The citation records this snapshot. The page link may show a newer release later.	USD 14.41 million Exact value Exact value: 14409000 USD 1998-01-01 – 1998-12-31: 14409000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 1998-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 14409000 USD Concept: fundies:OperatingCashFlow Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 14409000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-00-001738.txt#7255 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1999 1999-01-01 – 1999-12-31	USD 29.8 million Exact value Exact value: 29797000 USD 1999-01-01 – 1999-12-31: 29797000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 1999-12-31 COVANSYS CORP (edgar:1028461) Net Income: 29797000 USD Concept: fundies:NetIncome Period: 1999-01-01 to 1999-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=1999-12-31&surface=latest&period_type=duration&start=1999-01-01&unit=USD&dimensions= Input fundies:NetIncome: 29797000 USD (1999-01-01 to 1999-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-02-000811.txt#7695 The citation records this snapshot. The page link may show a newer release later.	USD 11.77 million Exact value Exact value: 11771000 USD 1999-01-01 – 1999-12-31: 11771000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 1999-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 11771000 USD Concept: fundies:OperatingCashFlow Period: 1999-01-01 to 1999-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=1999-12-31&surface=latest&period_type=duration&start=1999-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 11771000 USD (1999-01-01 to 1999-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-00-001738.txt#7255 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2000 2000-01-01 – 2000-12-31	−USD 31.94 million Exact value Exact value: -31937000 USD 2000-01-01 – 2000-12-31: -31937000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2000-12-31 COVANSYS CORP (edgar:1028461) Net Income: -31937000 USD Concept: fundies:NetIncome Period: 2000-01-01 to 2000-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2000-12-31&surface=latest&period_type=duration&start=2000-01-01&unit=USD&dimensions= Input fundies:NetIncome: -31937000 USD (2000-01-01 to 2000-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-03-000618.txt#8047 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.
2001 2001-01-01 – 2001-12-31	−USD 10.71 million Exact value Exact value: -10711000 USD 2001-01-01 – 2001-12-31: -10711000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2001-12-31 COVANSYS CORP (edgar:1028461) Net Income: -10711000 USD Concept: fundies:NetIncome Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:NetIncome: -10711000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-04-003622.txt#11631 The citation records this snapshot. The page link may show a newer release later.	USD 18.38 million Exact value Exact value: 18383000 USD 2001-01-01 – 2001-12-31: 18383000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2001-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 18383000 USD Concept: fundies:OperatingCashFlow Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 18383000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-04-003622.txt#11947 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2002 2002-01-01 – 2002-12-31	USD 3.89 million Exact value Exact value: 3893000 USD 2002-01-01 – 2002-12-31: 3893000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2002-12-31 COVANSYS CORP (edgar:1028461) Net Income: 3893000 USD Concept: fundies:NetIncome Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:NetIncome: 3893000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-05-001538.txt#11193 The citation records this snapshot. The page link may show a newer release later.	USD 16.53 million Exact value Exact value: 16528000 USD 2002-01-01 – 2002-12-31: 16528000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2002-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 16528000 USD Concept: fundies:OperatingCashFlow Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 16528000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-05-001538.txt#11506 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2003 2003-01-01 – 2003-12-31	USD 10.12 million Exact value Exact value: 10119000 USD 2003-01-01 – 2003-12-31: 10119000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2003-12-31 COVANSYS CORP (edgar:1028461) Net Income: 10119000 USD Concept: fundies:NetIncome Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:NetIncome: 10119000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-06-001048.txt#9167 The citation records this snapshot. The page link may show a newer release later.	USD 35.71 million Exact value Exact value: 35710000 USD 2003-01-01 – 2003-12-31: 35710000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2003-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 35710000 USD Concept: fundies:OperatingCashFlow Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 35710000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950124-06-001048.txt#9502 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2004 2004-01-01 – 2004-12-31	USD 17.5 million Exact value Exact value: 17504000 USD 2004-01-01 – 2004-12-31: 17504000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2004-12-31 COVANSYS CORP (edgar:1028461) Net Income: 17504000 USD Concept: fundies:NetIncome Period: 2004-01-01 to 2004-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2004-12-31&surface=latest&period_type=duration&start=2004-01-01&unit=USD&dimensions= Input fundies:NetIncome: 17504000 USD (2004-01-01 to 2004-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#16933 The citation records this snapshot. The page link may show a newer release later.	USD 39.39 million Exact value Exact value: 39391000 USD 2004-01-01 – 2004-12-31: 39391000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2004-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 39391000 USD Concept: fundies:OperatingCashFlow Period: 2004-01-01 to 2004-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2004-12-31&surface=latest&period_type=duration&start=2004-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 39391000 USD (2004-01-01 to 2004-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#17729 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2005 2005-01-01 – 2005-12-31	USD 37.54 million Exact value Exact value: 37538000 USD 2005-01-01 – 2005-12-31: 37538000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2005-12-31 COVANSYS CORP (edgar:1028461) Net Income: 37538000 USD Concept: fundies:NetIncome Period: 2005-01-01 to 2005-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2005-12-31&surface=latest&period_type=duration&start=2005-01-01&unit=USD&dimensions= Input fundies:NetIncome: 37538000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#16933 The citation records this snapshot. The page link may show a newer release later.	USD 51.69 million Exact value Exact value: 51689000 USD 2005-01-01 – 2005-12-31: 51689000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2005-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 51689000 USD Concept: fundies:OperatingCashFlow Period: 2005-01-01 to 2005-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2005-12-31&surface=latest&period_type=duration&start=2005-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 51689000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#17729 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2006 2006-01-01 – 2006-12-31	USD 35.92 million Exact value Exact value: 35920000 USD 2006-01-01 – 2006-12-31: 35920000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVANSYS CORP · 2006-12-31 COVANSYS CORP (edgar:1028461) Net Income: 35920000 USD Concept: fundies:NetIncome Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3ANetIncome&period=2006-12-31&surface=latest&period_type=duration&start=2006-01-01&unit=USD&dimensions= Input fundies:NetIncome: 35920000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#16933 The citation records this snapshot. The page link may show a newer release later.	USD 35.51 million Exact value Exact value: 35505000 USD 2006-01-01 – 2006-12-31: 35505000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVANSYS CORP · 2006-12-31 COVANSYS CORP (edgar:1028461) Operating Cash Flow: 35505000 USD Concept: fundies:OperatingCashFlow Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T19:43:41Z Snapshot: 2ccd2669b54f707f15eeae262d34af2c267f39233609da5ad464cbe2650617ec Dimensions: Consolidated View: https://fundies.io/companies/edgar/1028461/explain?concept=fundies%3AOperatingCashFlow&period=2006-12-31&surface=latest&period_type=duration&start=2006-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 35505000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1028461/0000950137-07-003535.txt#17729 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

53 filings · 0 latest values · 0 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001028461, 1028461, edgar:1028461

Also known as COMPLETE BUSINESS SOLUTIONS INC

COVANSYS CORP

Latest quarter

Revenue

Operating margin

Operating cash flow

Trailing twelve months

Revenue

Net income

Operating cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2006 2006-01-01 – 2006-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation