CGI Balance Sheet Health
Financial Health criteria checks 6/6
CGI has a total shareholder equity of CA$8.6B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CA$15.5B and CA$6.9B respectively. CGI's EBIT is CA$2.3B making its interest coverage ratio 81.9. It has cash and short-term investments of CA$1.1B.
Key information
27.7%
Debt to equity ratio
CA$2.38b
Debt
Interest coverage ratio | 81.9x |
Cash | CA$1.14b |
Equity | CA$8.60b |
Total liabilities | CA$6.91b |
Total assets | CA$15.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A18's short term assets (CA$4.5B) exceed its short term liabilities (CA$4.1B).
Long Term Liabilities: 0A18's short term assets (CA$4.5B) exceed its long term liabilities (CA$2.8B).
Debt to Equity History and Analysis
Debt Level: 0A18's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 0A18's debt to equity ratio has reduced from 32.4% to 27.7% over the past 5 years.
Debt Coverage: 0A18's debt is well covered by operating cash flow (87.5%).
Interest Coverage: 0A18's interest payments on its debt are well covered by EBIT (81.9x coverage).