CGI Balance Sheet Health
Financial Health criteria checks 6/6
CGI has a total shareholder equity of CA$9.4B and total debt of CA$2.7B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are CA$16.7B and CA$7.3B respectively. CGI's EBIT is CA$2.4B making its interest coverage ratio 31.3. It has cash and short-term investments of CA$1.5B.
Key information
28.6%
Debt to equity ratio
CA$2.70b
Debt
| Interest coverage ratio | 31.3x |
| Cash | CA$1.46b |
| Equity | CA$9.43b |
| Total liabilities | CA$7.26b |
| Total assets | CA$16.69b |
Recent financial health updates
We Think CGI (TSE:GIB.A) Can Stay On Top Of Its Debt
Aug 29
Does CGI (TSE:GIB.A) Have A Healthy Balance Sheet?
Mar 25CGI (TSE:GIB.A) Could Easily Take On More Debt
Dec 25Recent updates
Estimating The Intrinsic Value Of CGI Inc. (TSE:GIB.A)
Nov 23When Should You Buy CGI Inc. (TSE:GIB.A)?
Nov 11Risks To Shareholder Returns Are Elevated At These Prices For CGI Inc. (TSE:GIB.A)
Oct 30CGI (TSE:GIB.A) Ticks All The Boxes When It Comes To Earnings Growth
Sep 11We Think CGI (TSE:GIB.A) Can Stay On Top Of Its Debt
Aug 29Some Shareholders Feeling Restless Over CGI Inc.'s (TSE:GIB.A) P/E Ratio
Jul 11CGI (TSE:GIB.A) Might Become A Compounding Machine
Jun 16With EPS Growth And More, CGI (TSE:GIB.A) Makes An Interesting Case
May 22Is It Time To Consider Buying CGI Inc. (TSE:GIB.A)?
May 02CGI Inc.'s (TSE:GIB.A) Shareholders Might Be Looking For Exit
Apr 08Does CGI (TSE:GIB.A) Have A Healthy Balance Sheet?
Mar 25CGI's (TSE:GIB.A) Returns Have Hit A Wall
Mar 13Are Investors Undervaluing CGI Inc. (TSE:GIB.A) By 26%?
Feb 18The Compensation For CGI Inc.'s (TSE:GIB.A) CEO Looks Deserved And Here's Why
Jan 25What Is CGI Inc.'s (TSE:GIB.A) Share Price Doing?
Jan 21CGI Inc.'s (TSE:GIB.A) Shares May Have Run Too Fast Too Soon
Jan 08CGI (TSE:GIB.A) Could Easily Take On More Debt
Dec 25Financial Position Analysis
Short Term Liabilities: GIB.A's short term assets (CA$4.8B) exceed its short term liabilities (CA$3.5B).
Long Term Liabilities: GIB.A's short term assets (CA$4.8B) exceed its long term liabilities (CA$3.7B).
Debt to Equity History and Analysis
Debt Level: GIB.A's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: GIB.A's debt to equity ratio has reduced from 33.7% to 28.6% over the past 5 years.
Debt Coverage: GIB.A's debt is well covered by operating cash flow (81.7%).
Interest Coverage: GIB.A's interest payments on its debt are well covered by EBIT (31.3x coverage).