CGI End Period Cash Flow vs Net Income Analysis
GIB-A Stock | CAD 161.79 0.42 0.26% |
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 End Period Cash Flow and its Net Income 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 closely tied with the direction of predictive economic indicators such as signals in nation.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc End Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between CGI's End Period Cash Flow and Net Income is 0.75. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income 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 End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of CGI Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., CGI's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CGI Inc financial statement analysis. It represents the amount of money remaining after all of CGI Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 closely tied with the direction of predictive economic indicators such as signals in nation. At this time, CGI's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.1 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 12.35 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 12.9B | 14.3B | 14.7B | 15.4B | Depreciation And Amortization | 474.6M | 519.6M | 506.4M | 271.2M |
CGI fundamental ratios Correlations
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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 | 16.7B | 17.5B | |
Short Long Term Debt Total | 4.5B | 4.2B | 4.0B | 3.7B | 2.8B | 1.5B | |
Other Current Liab | 1.8B | 1.7B | 1.8B | 1.6B | 1.9B | 2.0B | |
Total Current Liabilities | 3.7B | 3.8B | 3.6B | 4.6B | 3.5B | 1.8B | |
Total Stockholder Equity | 7.3B | 7.0B | 7.3B | 8.3B | 9.4B | 9.9B | |
Property Plant And Equipment Net | 1.0B | 938.3M | 904.7M | 871.6M | 832.9M | 874.6M | |
Net Debt | 2.8B | 2.5B | 3.0B | 2.2B | 1.4B | 1.1B | |
Retained Earnings | 4.7B | 4.7B | 5.4B | 6.3B | 7.1B | 7.5B | |
Accounts Payable | 814.1M | 891.4M | 1.0B | 924.7M | 999.8M | 609.1M | |
Non Current Assets Total | 10.6B | 10.3B | 10.8B | 10.9B | 11.9B | 12.5B | |
Non Currrent Assets Other | 537.1M | 555.4M | 721.6M | 524.1M | 566.7M | 328.5M | |
Net Receivables | 1.2B | 1.2B | 1.4B | 1.4B | 2.6B | 2.8B | |
Common Stock Shares Outstanding | 266.1M | 253.1M | 242.9M | 237.7M | 231.7M | 301.2M | |
Liabilities And Stockholders Equity | 15.6B | 15.0B | 15.2B | 15.8B | 16.7B | 17.5B | |
Non Current Liabilities Total | 4.6B | 4.2B | 4.3B | 2.8B | 3.7B | 3.9B | |
Inventory | 1.1B | 1.0B | 1.2B | 1.1B | 1.3B | 1.4B | |
Other Current Assets | 1.2B | 1.1B | 1.0B | 1.0B | 723.1M | 438.6M | |
Other Stockholder Equity | 252.9M | 289.7M | 314.8M | 345.0M | 377.0M | 495.3M | |
Total Liab | 8.3B | 8.0B | 7.9B | 7.5B | 7.3B | 7.6B | |
Total Current Assets | 4.9B | 4.8B | 4.3B | 4.9B | 4.8B | 5.1B | |
Accumulated Other Comprehensive Income | 545.7M | 331.6M | 39.7M | 159.0M | 451.3M | 473.8M | |
Short Term Debt | 489.5M | 560.5M | 251.4M | 1.4B | 151.3M | 210.4M | |
Intangible Assets | 521.5M | 506.8M | 616.0M | 623.1M | 718.6M | 709.3M | |
Cash | 1.7B | 1.7B | 966.5M | 1.6B | 1.5B | 1.5B | |
Cash And Short Term Investments | 1.7B | 1.7B | 1.0B | 1.7B | 1.5B | 1.5B | |
Other Assets | 650.6M | 651.7M | 807.4M | 629.5M | 723.9M | 527.2M | |
Current Deferred Revenue | 426.4M | 445.7M | 453.6M | 488.8M | 536.8M | 324.3M | |
Good Will | 8.4B | 8.1B | 8.5B | 8.7B | 9.5B | 6.4B | |
Common Stock | 1.8B | 1.6B | 1.5B | 1.5B | 1.5B | 1.5B | |
Short Term Investments | 18.5M | 19.0M | 33.9M | 103.5M | 3.3M | 3.1M | |
Other Liab | 604.1M | 573.3M | 526.8M | 459.0M | 413.1M | 505.4M | |
Net Tangible Assets | (1.6B) | (1.7B) | (1.8B) | (1.0B) | (1.2B) | (1.3B) | |
Long Term Debt | 3.3B | 3.0B | 3.2B | 1.9B | 2.2B | 2.5B | |
Deferred Long Term Liab | 242.8M | 233.1M | 264.4M | 311.0M | 357.6M | 257.2M | |
Long Term Investments | 22.6M | 19.4M | 16.8M | 17.1M | 15.4M | 20.6M | |
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 | 697.0M | |
Non Current Liabilities Other | 64.7M | 51.4M | 20.3M | 33.5M | 38.5M | 29.9M | |
Net Invested Capital | 10.9B | 10.4B | 10.5B | 11.4B | 13.1B | 10.8B | |
Net Working Capital | 1.3B | 961.7M | 699.7M | 287.9M | 331.1M | 589.1M |
Pair Trading with CGI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CGI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CGI will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CGI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CGI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CGI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CGI Inc to buy it.
The correlation of CGI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CGI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CGI Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CGI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for CGI Stock Analysis
When running CGI's price analysis, check to measure CGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGI is operating at the current time. Most of CGI's value examination focuses on studying past and present price action to predict the probability of CGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGI's price. Additionally, you may evaluate how the addition of CGI to your portfolios can decrease your overall portfolio volatility.