CGI Current Ratio vs Asset Turnover Analysis

GIB Stock

USD 103.90 0.60 0.57%

CGI financial indicator trend analysis is way more than just evaluating CGI Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CGI Inc is a good investment. Please check the relationship between CGI Current Ratio and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Current Ratio vs Asset Turnover

Current Ratio vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc Current Ratio account and Asset Turnover. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between CGI's Current Ratio and Asset Turnover is 0.58. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of CGI Inc, assuming nothing else is changed. The correlation between historical values of CGI's Current Ratio and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of CGI Inc are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Current Ratio i.e., CGI's Current Ratio and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Current Ratio

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.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from CGI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CGI Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

At present, CGI's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Tax Provision is forecasted to decline to about 466.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8B	2.3B	2.7B	2.8B
Total Revenue	12.9B	14.3B	16.4B	17.3B

Gross Profit Total Revenue

CGI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Cash	Cash And Short Term Investments	Other Assets
Total Assets		0.89	0.98	0.96	0.95	0.9	0.72	0.89	0.49	0.99	0.74	0.88	0.61	0.53	0.98	0.34	0.89	0.94	0.77	0.98	0.7	0.69	0.42	0.75	0.76	0.64
Short Long Term Debt Total	0.89		0.92	0.86	0.73	0.97	0.86	0.7	0.34	0.86	0.62	0.73	0.39	0.7	0.81	0.37	0.76	0.96	0.8	0.92	0.65	0.69	0.25	0.81	0.81	0.62
Other Current Liab	0.98	0.92		0.96	0.91	0.94	0.73	0.88	0.38	0.96	0.73	0.82	0.49	0.52	0.94	0.34	0.9	0.94	0.87	0.97	0.75	0.65	0.3	0.8	0.81	0.58
Total Current Liabilities	0.96	0.86	0.96		0.91	0.87	0.69	0.86	0.39	0.95	0.59	0.86	0.55	0.4	0.93	0.14	0.88	0.91	0.81	0.95	0.84	0.71	0.35	0.75	0.77	0.61
Total Stockholder Equity	0.95	0.73	0.91	0.91		0.8	0.49	0.97	0.39	0.95	0.75	0.82	0.54	0.31	0.95	0.26	0.91	0.79	0.75	0.93	0.72	0.51	0.33	0.73	0.74	0.54
Property Plant And Equipment Net	0.9	0.97	0.94	0.87	0.8		0.71	0.8	0.22	0.86	0.67	0.67	0.3	0.57	0.81	0.37	0.83	0.91	0.88	0.96	0.72	0.54	0.12	0.91	0.91	0.52
Net Debt	0.72	0.86	0.73	0.69	0.49	0.71		0.39	0.6	0.74	0.51	0.76	0.56	0.84	0.71	0.39	0.5	0.9	0.47	0.67	0.32	0.87	0.52	0.4	0.4	0.67
Retained Earnings	0.89	0.7	0.88	0.86	0.97	0.8	0.39		0.18	0.86	0.74	0.72	0.31	0.18	0.88	0.15	0.94	0.7	0.84	0.91	0.78	0.36	0.08	0.79	0.81	0.46
Accounts Payable	0.49	0.34	0.38	0.39	0.39	0.22	0.6	0.18		0.56	0.52	0.66	0.84	0.7	0.56	0.44	0.11	0.54	-0.06	0.33	-0.08	0.71	0.92	-0.09	-0.09	0.64
Non Current Assets Total	0.99	0.86	0.96	0.95	0.95	0.86	0.74	0.86	0.56		0.74	0.91	0.68	0.55	0.99	0.36	0.87	0.94	0.72	0.95	0.65	0.73	0.5	0.68	0.68	0.66
Non Currrent Assets Other	0.74	0.62	0.73	0.59	0.75	0.67	0.51	0.74	0.52	0.74		0.62	0.34	0.6	0.78	0.54	0.61	0.65	0.59	0.72	0.29	0.34	0.25	0.52	0.52	0.59
Net Receivables	0.88	0.73	0.82	0.86	0.82	0.67	0.76	0.72	0.66	0.91	0.62		0.72	0.51	0.91	0.14	0.73	0.86	0.53	0.8	0.55	0.83	0.61	0.42	0.44	0.74
Common Stock Shares Outstanding	0.61	0.39	0.49	0.55	0.54	0.3	0.56	0.31	0.84	0.68	0.34	0.72		0.48	0.66	0.4	0.35	0.62	0.05	0.45	0.12	0.75	0.95	0.04	0.04	0.52
Non Current Liabilities Total	0.53	0.7	0.52	0.4	0.31	0.57	0.84	0.18	0.7	0.55	0.6	0.51	0.48		0.5	0.64	0.19	0.72	0.25	0.49	-0.02	0.65	0.55	0.3	0.28	0.64
Inventory	0.98	0.81	0.94	0.93	0.95	0.81	0.71	0.88	0.56	0.99	0.78	0.91	0.66	0.5		0.36	0.87	0.9	0.7	0.92	0.64	0.69	0.48	0.63	0.64	0.68
Other Current Assets	0.34	0.37	0.34	0.14	0.26	0.37	0.39	0.15	0.44	0.36	0.54	0.14	0.4	0.64	0.36		0.16	0.39	0.09	0.29	-0.26	0.14	0.38	0.2	0.18	0.19
Other Stockholder Equity	0.89	0.76	0.9	0.88	0.91	0.83	0.5	0.94	0.11	0.87	0.61	0.73	0.35	0.19	0.87	0.16		0.76	0.86	0.91	0.78	0.44	0.09	0.79	0.8	0.41
Total Liab	0.94	0.96	0.94	0.91	0.79	0.91	0.9	0.7	0.54	0.94	0.65	0.86	0.62	0.72	0.9	0.39	0.76		0.71	0.92	0.6	0.82	0.48	0.69	0.69	0.69
Property Plant And Equipment Gross	0.77	0.8	0.87	0.81	0.75	0.88	0.47	0.84	-0.06	0.72	0.59	0.53	0.05	0.25	0.7	0.09	0.86	0.71		0.85	0.82	0.35	-0.17	0.89	0.9	0.34
Total Current Assets	0.98	0.92	0.97	0.95	0.93	0.96	0.67	0.91	0.33	0.95	0.72	0.8	0.45	0.49	0.92	0.29	0.91	0.92	0.85		0.78	0.59	0.25	0.87	0.87	0.6
Short Term Debt	0.7	0.65	0.75	0.84	0.72	0.72	0.32	0.78	-0.08	0.65	0.29	0.55	0.12	-0.02	0.64	-0.26	0.78	0.6	0.82	0.78		0.38	-0.1	0.79	0.81	0.35
Intangible Assets	0.69	0.69	0.65	0.71	0.51	0.54	0.87	0.36	0.71	0.73	0.34	0.83	0.75	0.65	0.69	0.14	0.44	0.82	0.35	0.59	0.38		0.72	0.24	0.26	0.62
Common Stock	0.42	0.25	0.3	0.35	0.33	0.12	0.52	0.08	0.92	0.5	0.25	0.61	0.95	0.55	0.48	0.38	0.09	0.48	-0.17	0.25	-0.1	0.72		-0.17	-0.17	0.5
Cash	0.75	0.81	0.8	0.75	0.73	0.91	0.4	0.79	-0.09	0.68	0.52	0.42	0.04	0.3	0.63	0.2	0.79	0.69	0.89	0.87	0.79	0.24	-0.17		1.0	0.34
Cash And Short Term Investments	0.76	0.81	0.81	0.77	0.74	0.91	0.4	0.81	-0.09	0.68	0.52	0.44	0.04	0.28	0.64	0.18	0.8	0.69	0.9	0.87	0.81	0.26	-0.17	1.0		0.35
Other Assets	0.64	0.62	0.58	0.61	0.54	0.52	0.67	0.46	0.64	0.66	0.59	0.74	0.52	0.64	0.68	0.19	0.41	0.69	0.34	0.6	0.35	0.62	0.5	0.34	0.35

Click cells to compare fundamentals

CGI Account Relationship Matchups

CGI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.6B	15.0B	15.2B	15.8B	18.2B	19.1B
Short Long Term Debt Total	4.5B	4.2B	4.0B	3.7B	4.3B	4.5B
Other Current Liab	1.7B	1.9B	1.9B	1.9B	2.2B	2.3B
Total Current Liabilities	3.7B	3.8B	3.6B	4.6B	5.3B	5.6B
Total Stockholder Equity	7.3B	7.0B	7.3B	8.3B	9.6B	10.0B
Property Plant And Equipment Net	1.0B	938.3M	904.7M	871.6M	1.0B	1.1B
Net Debt	2.8B	2.5B	3.0B	2.2B	2.5B	2.6B
Retained Earnings	4.7B	4.7B	5.4B	6.3B	7.3B	7.6B
Accounts Payable	1.0B	891.4M	1.0B	924.7M	1.1B	602.4M
Non Current Assets Total	10.6B	10.3B	10.8B	10.9B	12.5B	13.1B
Non Currrent Assets Other	537.1M	555.4M	721.6M	524.1M	602.7M	319.0M
Net Receivables	1.2B	1.2B	1.4B	1.4B	1.6B	1.7B
Common Stock Shares Outstanding	266.1M	253.1M	242.9M	237.7M	273.4M	302.7M
Liabilities And Stockholders Equity	15.6B	15.0B	15.2B	15.8B	18.2B	19.1B
Non Current Liabilities Total	4.6B	4.2B	4.3B	2.8B	3.3B	1.7B
Inventory	1.1B	1.0B	1.2B	1.1B	1.3B	1.4B
Other Current Assets	885.6M	765.5M	788.2M	198.4M	228.1M	255.5M
Other Stockholder Equity	252.9M	289.7M	314.8M	345.0M	310.5M	514.1M
Total Liab	8.3B	8.0B	7.9B	7.5B	8.6B	9.0B
Property Plant And Equipment Gross	1.0B	2.4B	2.4B	2.4B	2.7B	2.9B
Total Current Assets	4.9B	4.8B	4.3B	4.9B	5.7B	6.0B
Accumulated Other Comprehensive Income	545.7M	331.6M	39.7M	159.0M	182.8M	192.0M
Short Term Debt	489.5M	560.5M	251.4M	1.4B	1.6B	1.6B
Intangible Assets	521.5M	506.8M	616.0M	623.1M	716.6M	706.7M
Common Stock	1.8B	1.6B	1.5B	1.5B	1.7B	1.6B
Cash	1.7B	1.7B	966.5M	1.6B	1.8B	1.9B
Cash And Short Term Investments	1.7B	1.7B	1.0B	1.7B	1.9B	2.0B
Other Assets	650.6M	651.7M	487.1M	629.5M	723.9M	467.6M
Good Will	8.4B	8.1B	8.5B	8.7B	10.0B	10.5B
Other Liab	604.1M	573.3M	528.5M	459.0M	527.8M	421.5M
Net Tangible Assets	(1.6B)	(1.7B)	(1.8B)	(1.0B)	(933.5M)	(886.9M)
Long Term Debt	3.3B	3.0B	3.2B	1.9B	2.2B	1.4B
Short Term Investments	18.5M	19.0M	33.9M	103.5M	119.0M	124.9M
Deferred Long Term Liab	242.8M	233.1M	261.6M	311.0M	357.6M	375.5M
Long Term Investments	22.6M	19.4M	16.8M	17.1M	19.7M	20.7M
Short Long Term Debt	310.8M	392.7M	93.4M	1.2B	1.3B	1.4B
Property Plant Equipment	1.0B	938.3M	904.7M	871.6M	1.0B	1.1B
Current Deferred Revenue	426.4M	445.7M	453.6M	488.8M	562.1M	312.7M
Long Term Debt Total	2.2B	4.0B	3.6B	3.7B	4.3B	2.3B

CGI Investors Sentiment

The influence of CGI's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CGI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to CGI's public news can be used to forecast risks associated with an investment in CGI. The trend in average sentiment can be used to explain how an investor holding CGI can time the market purely based on public headlines and social activities around CGI Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

CGI's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CGI's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CGI's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CGI.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CGI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CGI's short interest history, or implied volatility extrapolated from CGI options trading.

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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:

How To Invest In CGI

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Is CGI Stock a good investment?

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What is CGI's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.

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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.

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CGI Current Ratio vs Asset Turnover Analysis

Current Ratio vs Asset Turnover

Current Ratio vs Asset Turnover Correlation Analysis

Correlation Coefficient

Current Ratio

Asset Turnover

CGI fundamental ratios Correlations

CGI Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CGI fundamental ratios Accounts

CGI Investors Sentiment

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

Complementary Tools for CGI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Inventory	+ 0.99	Non Current Assets Total
Other Current Liab	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets

Short Term Debt	- 0.26	Other Current Assets
Cash And Short Term Investments	- 0.17	Common Stock
Cash	- 0.17	Common Stock
Common Stock	- 0.17	Property Plant And Equipment Gross
Common Stock	- 0.1	Short Term Debt
Cash And Short Term Investments	- 0.09	Accounts Payable