CGI Net Receivables vs Net Working Capital Analysis
GIB Stock | USD 103.14 1.76 1.68% |
CGI financial indicator trend analysis is way more than just evaluating CGI Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CGI Inc is a good investment. Please check the relationship between CGI Net Receivables and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Net Receivables vs Net Working Capital
Net Receivables vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc Net Receivables account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CGI's Net Receivables and Net Working Capital is 0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of CGI Inc, assuming nothing else is changed. The correlation between historical values of CGI's Net Receivables and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of CGI Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Receivables i.e., CGI's Net Receivables and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Net Working Capital
Most indicators from CGI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CGI Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At present, CGI's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.1, whereas Tax Provision is forecasted to decline to about 466.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 2.3B | 2.7B | 2.8B | Total Revenue | 12.9B | 14.3B | 16.4B | 17.3B |
CGI fundamental ratios Correlations
Click cells to compare fundamentals
CGI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CGI fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6B | 15.0B | 15.2B | 15.8B | 18.2B | 19.1B | |
Short Long Term Debt Total | 4.5B | 4.2B | 4.0B | 3.7B | 4.3B | 4.5B | |
Other Current Liab | 1.7B | 1.9B | 1.9B | 1.9B | 2.2B | 2.3B | |
Total Current Liabilities | 3.7B | 3.8B | 3.6B | 4.6B | 5.3B | 5.6B | |
Total Stockholder Equity | 7.3B | 7.0B | 7.3B | 8.3B | 9.6B | 10.0B | |
Property Plant And Equipment Net | 1.0B | 938.3M | 904.7M | 871.6M | 1.0B | 1.1B | |
Net Debt | 2.8B | 2.5B | 3.0B | 2.2B | 2.5B | 2.6B | |
Retained Earnings | 4.7B | 4.7B | 5.4B | 6.3B | 7.3B | 7.6B | |
Accounts Payable | 1.0B | 891.4M | 1.0B | 924.7M | 1.1B | 602.4M | |
Non Current Assets Total | 10.6B | 10.3B | 10.8B | 10.9B | 12.5B | 13.1B | |
Non Currrent Assets Other | 537.1M | 555.4M | 721.6M | 524.1M | 602.7M | 319.0M | |
Net Receivables | 1.2B | 1.2B | 1.4B | 1.4B | 1.6B | 1.7B | |
Common Stock Shares Outstanding | 266.1M | 253.1M | 242.9M | 237.7M | 273.4M | 302.7M | |
Liabilities And Stockholders Equity | 15.6B | 15.0B | 15.2B | 15.8B | 18.2B | 19.1B | |
Non Current Liabilities Total | 4.6B | 4.2B | 4.3B | 2.8B | 3.3B | 1.7B | |
Inventory | 1.1B | 1.0B | 1.2B | 1.1B | 1.3B | 1.4B | |
Other Current Assets | 885.6M | 765.5M | 788.2M | 198.4M | 228.1M | 255.5M | |
Other Stockholder Equity | 252.9M | 289.7M | 314.8M | 345.0M | 310.5M | 450.2M | |
Total Liab | 8.3B | 8.0B | 7.9B | 7.5B | 8.6B | 9.0B | |
Property Plant And Equipment Gross | 1.0B | 2.4B | 2.4B | 2.4B | 2.7B | 2.9B | |
Total Current Assets | 4.9B | 4.8B | 4.3B | 4.9B | 5.7B | 6.0B | |
Accumulated Other Comprehensive Income | 545.7M | 331.6M | 39.7M | 159.0M | 182.8M | 192.0M | |
Short Term Debt | 489.5M | 560.5M | 251.4M | 1.4B | 1.6B | 1.6B | |
Intangible Assets | 521.5M | 506.8M | 616.0M | 623.1M | 716.6M | 706.7M | |
Common Stock | 1.8B | 1.6B | 1.5B | 1.5B | 1.7B | 1.6B | |
Cash | 1.7B | 1.7B | 966.5M | 1.6B | 1.8B | 1.9B | |
Cash And Short Term Investments | 1.7B | 1.7B | 1.0B | 1.7B | 1.9B | 2.0B | |
Other Assets | 650.6M | 651.7M | 487.1M | 629.5M | 723.9M | 467.6M | |
Good Will | 8.4B | 8.1B | 8.5B | 8.7B | 10.0B | 10.5B | |
Other Liab | 604.1M | 573.3M | 528.5M | 459.0M | 527.8M | 421.5M | |
Net Tangible Assets | (1.6B) | (1.7B) | (1.8B) | (1.0B) | (933.5M) | (886.9M) | |
Long Term Debt | 3.3B | 3.0B | 3.2B | 1.9B | 2.2B | 1.4B | |
Short Term Investments | 18.5M | 19.0M | 33.9M | 103.5M | 119.0M | 124.9M | |
Deferred Long Term Liab | 242.8M | 233.1M | 261.6M | 311.0M | 357.6M | 375.5M | |
Long Term Investments | 22.6M | 19.4M | 16.8M | 17.1M | 19.7M | 20.7M | |
Short Long Term Debt | 310.8M | 392.7M | 93.4M | 1.2B | 1.3B | 1.4B | |
Property Plant Equipment | 1.0B | 938.3M | 904.7M | 871.6M | 1.0B | 1.1B | |
Current Deferred Revenue | 426.4M | 445.7M | 453.6M | 488.8M | 562.1M | 312.7M | |
Long Term Debt Total | 2.2B | 4.0B | 3.6B | 3.7B | 4.3B | 2.3B |
CGI Investors Sentiment
The influence of CGI's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CGI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CGI's public news can be used to forecast risks associated with an investment in CGI. The trend in average sentiment can be used to explain how an investor holding CGI can time the market purely based on public headlines and social activities around CGI Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CGI's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CGI's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CGI's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CGI.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CGI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CGI's short interest history, or implied volatility extrapolated from CGI options trading.
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Is CGI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CGI. If investors know CGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CGI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 5.05 | Revenue Per Share 62.124 | Return On Assets 0.0932 | Return On Equity 0.1988 |
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CGI's market value can be influenced by many factors that don't directly affect CGI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.