CGI Current Ratio from 2010 to 2024

GIB Stock  USD 105.29  0.60  0.57%   
CGI's Current Ratio is increasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 1.39 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.22
Current Value
1.39
Quarterly Volatility
0.18883977
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CGI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CGI main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.5 M, Interest Expense of 106 M or Total Revenue of 17.3 B, as well as many exotic indicators such as Price To Sales Ratio of 2.71, Dividend Yield of 0.0 or PTB Ratio of 8.32. CGI financial statements analysis is a perfect complement when working with CGI Valuation or Volatility modules.
  
This module can also supplement CGI's financial leverage analysis and stock options assessment as well as various CGI Technical models . Check out the analysis of CGI Correlation against competitors.

Latest CGI's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of CGI Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. CGI's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CGI's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.19 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

CGI Current Ratio Regression Statistics

Arithmetic Mean1.14
Geometric Mean1.13
Coefficient Of Variation16.57
Mean Deviation0.15
Median1.13
Standard Deviation0.19
Sample Variance0.04
Range0.7444
R-Value0.32
Mean Square Error0.03
R-Squared0.10
Significance0.25
Slope0.01
Total Sum of Squares0.50

CGI Current Ratio History

2024 1.39
2023 1.22
2021 1.19
2020 1.25
2019 1.35
2018 1.13
2017 1.0

About CGI Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CGI income statement, its balance sheet, and the statement of cash flows. CGI investors use historical funamental indicators, such as CGI's Current Ratio, to determine how well the company is positioned to perform in the future. Although CGI investors may use each financial statement separately, they are all related. The changes in CGI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CGI's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CGI Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CGI. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.22  1.39 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock:
Check out the analysis of CGI Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for CGI Stock analysis

When running CGI's price analysis, check to measure CGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGI is operating at the current time. Most of CGI's value examination focuses on studying past and present price action to predict the probability of CGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGI's price. Additionally, you may evaluate how the addition of CGI to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Correlations
Find global opportunities by holding instruments from different markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Transaction History
View history of all your transactions and understand their impact on performance
Is CGI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CGI. If investors know CGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CGI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.044
Earnings Share
5.02
Revenue Per Share
62.124
Return On Assets
0.0932
Return On Equity
0.1988
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CGI's market value can be influenced by many factors that don't directly affect CGI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.