CGI Balance Sheet Health
Financial Health criteria checks 6/6
CGI has a total shareholder equity of CA$9.9B and total debt of CA$2.8B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CA$17.9B and CA$8.1B respectively. CGI's EBIT is CA$2.4B making its interest coverage ratio 31. It has cash and short-term investments of CA$1.8B.
Key information
28.2%
Debt to equity ratio
CA$2.78b
Debt
| Interest coverage ratio | 31x |
| Cash | CA$1.80b |
| Equity | CA$9.86b |
| Total liabilities | CA$8.07b |
| Total assets | CA$17.92b |
Recent financial health updates
No updates
Recent updates
CGI Is A Resilient, Well-Managed Business With Moderate Returns
Oct 17CGI: A New 0.4% Dividend Isn't Enough To Get Me On The Bandwagon
Aug 01CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive
Apr 23CGI: Charting The Future Of Digital Transformation With Superior Profitability And Greater Resilience
Nov 03CGI Inc.: I Like The Business But Not The Valuation
Oct 03CGI Inc.: Proving Why It's A Solid Long-Term Position
Jun 29CGI and Laurentian Bank of Canada extend business partnership
Jan 30CGI adds RISE with SAP to portfolio of services in Canada
Jan 18CGI Faces Headwinds But Will Continue M&A Efforts
Dec 08CGI Group FQ4 2022 Earnings Preview
Nov 08CGI Inc.: Good Business At An Attractive Price
Oct 21CGI, Aktia form ~€50M partnership
Oct 11CGI, UiPath announce enhanced managed services partnership
Sep 21CGI Group Q3 2022 Earnings Preview
Jul 26CGI Inc.: Investor Day Outlines The Path To A Narrowing Valuation Gap
Jan 06Financial Position Analysis
Short Term Liabilities: GIB's short term assets (CA$5.6B) exceed its short term liabilities (CA$4.2B).
Long Term Liabilities: GIB's short term assets (CA$5.6B) exceed its long term liabilities (CA$3.8B).
Debt to Equity History and Analysis
Debt Level: GIB's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: GIB's debt to equity ratio has reduced from 30.2% to 28.2% over the past 5 years.
Debt Coverage: GIB's debt is well covered by operating cash flow (81.9%).
Interest Coverage: GIB's interest payments on its debt are well covered by EBIT (31x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:23 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CGI Inc. is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Gabriel Leung | Beacon Securities Limited |
| Thanos Moschopoulos | BMO Capital Markets Equity Research |