CGI Balance Sheet Health
Financial Health criteria checks 6/6
CGI has a total shareholder equity of CA$8.8B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CA$15.7B and CA$6.9B respectively. CGI's EBIT is CA$2.4B making its interest coverage ratio 108.7. It has cash and short-term investments of CA$1.3B.
Key information
27.3%
Debt to equity ratio
CA$2.42b
Debt
Interest coverage ratio | 108.7x |
Cash | CA$1.27b |
Equity | CA$8.85b |
Total liabilities | CA$6.89b |
Total assets | CA$15.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CJ5A's short term assets (CA$4.7B) exceed its short term liabilities (CA$4.0B).
Long Term Liabilities: CJ5A's short term assets (CA$4.7B) exceed its long term liabilities (CA$2.9B).
Debt to Equity History and Analysis
Debt Level: CJ5A's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: CJ5A's debt to equity ratio has reduced from 31.2% to 27.3% over the past 5 years.
Debt Coverage: CJ5A's debt is well covered by operating cash flow (87.5%).
Interest Coverage: CJ5A's interest payments on its debt are well covered by EBIT (108.7x coverage).