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

CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive

Apr 23

CGI: Charting The Future Of Digital Transformation With Superior Profitability And Greater Resilience

Nov 03

CGI acquires HMB's professional services division to expand its footprint in Columbus

Jan 06

CGI Group Q4 2020 Earnings Preview

Nov 10

Financial Position Analysis

Short Term Liabilities: GIB's short term assets (CA$4.7B) exceed its short term liabilities (CA$4.0B).

Long Term Liabilities: GIB's short term assets (CA$4.7B) exceed its long term liabilities (CA$2.9B).

Debt to Equity History and Analysis

Debt Level: GIB's net debt to equity ratio (13%) is considered satisfactory.

Reducing Debt: GIB's debt to equity ratio has reduced from 31.2% to 27.3% over the past 5 years.

Debt Coverage: GIB's debt is well covered by operating cash flow (87.5%).

Interest Coverage: GIB's interest payments on its debt are well covered by EBIT (108.7x coverage).

CGI Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

CGI Inc. to Report Q2, 2024 Results on May 01, 2024

CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive

Now 20% undervalued

CGI Inc. Elects Jacynthe Côté as Director

First quarter 2024 earnings: Revenues in line with analyst expectations

CGI Inc. to Report Q1, 2024 Results on Jan 31, 2024

Now 20% undervalued

CGI's Machine Vision Solution Delivers A Powerful Source of IoT Business Intelligence by Leveraging Artificial Intelligence

Now 21% undervalued

CGI Inc., Annual General Meeting, Jan 31, 2024

Full year 2023 earnings released: EPS: CA$6.97 (vs CA$6.13 in FY 2022)

CGI: Charting The Future Of Digital Transformation With Superior Profitability And Greater Resilience

CGI Inc. to Report Q4, 2023 Results on Nov 08, 2023

CGI Inc. (TSX:GIB.A) acquired Momentum Consulting Corporation.

CGI Inc.: I Like The Business But Not The Valuation

CGI Inc. Announces the Availability of CGI All Payments

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

CGI Inc.: Proving Why It's A Solid Long-Term Position

Insider recently sold US$81k worth of stock

CGI Inc. Appoints Sophie Brochu to its Board of Directors, Effective September 2023

Insider recently sold US$71k worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Key Executive recently sold US$245k worth of stock

Insider recently sold US$541k worth of stock

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

CGI and Laurentian Bank of Canada extend business partnership

CGI Inc. to Report Q1, 2023 Results on Feb 01, 2023

CGI adds RISE with SAP to portfolio of services in Canada

Insider recently sold US$112k worth of stock

CGI Faces Headwinds But Will Continue M&A Efforts

Insider recently sold US$167k worth of stock

CGI Announces CGI Credit Studio™, A Cloud-Native Platform That Transforms Credit Operations and the Customer Experience for Lenders

CGI Inc., Annual General Meeting, Feb 01, 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

CGI Group FQ4 2022 Earnings Preview

CGI Inc. to Report Q4, 2022 Results on Nov 09, 2022

CGI Inc.: Good Business At An Attractive Price

CGI, Aktia form ~€50M partnership

CGI, UiPath announce enhanced managed services partnership

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

CGI Group Q3 2022 Earnings Preview

CGI Inc. to Report Q3, 2022 Results on Jul 27, 2022

Now 21% undervalued

Now 20% undervalued after recent price drop

CGI Inc. Announces CFO Changes

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

CGI Inc. to Report Q2, 2022 Results on Apr 27, 2022

Insider recently sold US$424k worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations

CGI Inc.: Investor Day Outlines The Path To A Narrowing Valuation Gap

Independent Director recently bought US$424k worth of stock

President of Global IP Solutions recently sold US$215k worth of stock

Full year 2021 earnings released

Third quarter 2021 earnings released: EPS CA$1.38 (vs CA$1.01 in 3Q 2020)

Independent Director recently sold US$1.3m worth of stock

Second quarter 2021 earnings released

CGI Inc. (TSX:GIB.A) signed an agreement to acquire Sense Corp, Inc.

CGI Group Q2 2021 Earnings Preview

Bavarian State Ministry of Justice Selects CGI to Drive Digitization and Innovation

Commonwealth of Virginia Awards Long-Term Contract to CGI for Transformation of eVA Procurement System

European Space Agency Selects CGI to Develop Services Combining Artificial Intelligence and Earth Observation for Wildfire Mapping

CGI and OP Financial Group Expand Partnership to Include Digital Services for Insurance

CGI Announces the Launch of the CGI Oncue360 Solution for the State of Michigan

CGI Announces Signing of A Renewed Ten-Year Contract for Application Development, Operations and Support Services with CAE

CGI Inc. and FashionCube Agree on a 10-Year Partnership for Managed IT Services, Including IT Transformation

Independent Director has left the company

CGI Inc. Announces the Renewal of a Contract with Highmark Health

New 90-day high: US$80.66

First quarter 2021 earnings released: EPS CA$1.34 (vs CA$1.08 in 1Q 2020)

Earnings beat expectations, revenue disappoints

Cgi Refreshes Its Brand to Reinforce How It Helps Clients Harness Technology to Create Value for Their Customers

Vantage Bank Texas Selects CGI for Payments System Modernization