CGI Free Cash Flow vs Net Borrowings 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 Free Cash Flow and its Net Borrowings 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.

Free Cash Flow vs Net Borrowings

Free Cash Flow vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc Free Cash Flow account and Net Borrowings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CGI's Free Cash Flow and Net Borrowings is 0.16. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Borrowings 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 Free Cash Flow and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of CGI Inc are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Free Cash Flow i.e., CGI's Free Cash Flow and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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

Total Revenue Depreciation And Amortization

CGI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Other Assets	Current Deferred Revenue	Good Will
Total Assets		0.66	0.95	0.74	0.94	0.88	0.46	0.87	0.47	0.99	0.78	0.76	0.58	0.78	0.98	0.67	0.88	0.91	0.97	0.37	0.7	0.71	0.71	0.85	0.72	0.89
Short Long Term Debt Total	0.66		0.67	0.84	0.41	0.8	0.86	0.34	0.48	0.62	0.68	0.18	0.32	0.83	0.54	0.7	0.35	0.85	0.7	0.43	0.54	0.57	0.58	0.78	0.74	0.73
Other Current Liab	0.95	0.67		0.67	0.89	0.95	0.4	0.86	0.24	0.93	0.75	0.7	0.39	0.76	0.91	0.61	0.9	0.87	0.97	0.37	0.56	0.83	0.82	0.76	0.62	0.82
Total Current Liabilities	0.74	0.84	0.67		0.59	0.67	0.71	0.48	0.68	0.73	0.75	0.32	0.53	0.62	0.68	0.78	0.43	0.8	0.72	0.66	0.59	0.44	0.45	0.86	0.9	0.89
Total Stockholder Equity	0.94	0.41	0.89	0.59		0.76	0.16	0.96	0.32	0.94	0.76	0.78	0.48	0.55	0.95	0.62	0.94	0.72	0.91	0.35	0.51	0.69	0.69	0.71	0.55	0.83
Property Plant And Equipment Net	0.88	0.8	0.95	0.67	0.76		0.5	0.75	0.18	0.83	0.71	0.53	0.27	0.82	0.78	0.62	0.79	0.89	0.95	0.4	0.52	0.89	0.89	0.7	0.57	0.75
Net Debt	0.46	0.86	0.4	0.71	0.16	0.5		0.02	0.68	0.46	0.47	0.09	0.5	0.78	0.39	0.51	0.08	0.75	0.42	0.23	0.65	0.12	0.13	0.74	0.72	0.53
Retained Earnings	0.87	0.34	0.86	0.48	0.96	0.75	0.02		0.11	0.85	0.75	0.71	0.25	0.44	0.88	0.53	0.97	0.61	0.88	0.34	0.36	0.75	0.76	0.58	0.4	0.75
Accounts Payable	0.47	0.48	0.24	0.68	0.32	0.18	0.68	0.11		0.53	0.43	0.36	0.81	0.51	0.49	0.48	0.08	0.57	0.32	0.14	0.74	-0.18	-0.17	0.78	0.82	0.62
Non Current Assets Total	0.99	0.62	0.93	0.73	0.94	0.83	0.46	0.85	0.53		0.77	0.79	0.65	0.78	0.99	0.65	0.87	0.91	0.95	0.34	0.73	0.64	0.64	0.87	0.75	0.89
Non Currrent Assets Other	0.78	0.68	0.75	0.75	0.76	0.71	0.47	0.75	0.43	0.77		0.35	0.3	0.57	0.78	0.86	0.65	0.68	0.78	0.32	0.34	0.55	0.56	0.83	0.61	0.9
Net Receivables	0.76	0.18	0.7	0.32	0.78	0.53	0.09	0.71	0.36	0.79	0.35		0.54	0.55	0.79	0.16	0.77	0.62	0.67	-0.03	0.72	0.42	0.41	0.57	0.52	0.57
Common Stock Shares Outstanding	0.58	0.32	0.39	0.53	0.48	0.27	0.5	0.25	0.81	0.65	0.3	0.54		0.53	0.61	0.44	0.28	0.61	0.43	0.14	0.71	-0.03	-0.03	0.68	0.68	0.54
Non Current Liabilities Total	0.78	0.83	0.76	0.62	0.55	0.82	0.78	0.44	0.51	0.78	0.57	0.55	0.53		0.71	0.49	0.54	0.94	0.77	0.07	0.79	0.55	0.55	0.81	0.71	0.66
Inventory	0.98	0.54	0.91	0.68	0.95	0.78	0.39	0.88	0.49	0.99	0.78	0.79	0.61	0.71		0.61	0.89	0.85	0.92	0.3	0.69	0.6	0.61	0.85	0.7	0.87
Other Current Assets	0.67	0.7	0.61	0.78	0.62	0.62	0.51	0.53	0.48	0.65	0.86	0.16	0.44	0.49	0.61		0.41	0.62	0.68	0.47	0.22	0.46	0.47	0.73	0.57	0.84
Other Stockholder Equity	0.88	0.35	0.9	0.43	0.94	0.79	0.08	0.97	0.08	0.87	0.65	0.77	0.28	0.54	0.89	0.41		0.68	0.89	0.29	0.46	0.77	0.77	0.57	0.39	0.67
Total Liab	0.91	0.85	0.87	0.8	0.72	0.89	0.75	0.61	0.57	0.91	0.68	0.62	0.61	0.94	0.85	0.62	0.68		0.9	0.35	0.81	0.62	0.63	0.89	0.81	0.82
Total Current Assets	0.97	0.7	0.97	0.72	0.91	0.95	0.42	0.88	0.32	0.95	0.78	0.67	0.43	0.77	0.92	0.68	0.89	0.9		0.44	0.59	0.84	0.84	0.78	0.64	0.86
Short Term Debt	0.37	0.43	0.37	0.66	0.35	0.4	0.23	0.34	0.14	0.34	0.32	-0.03	0.14	0.07	0.3	0.47	0.29	0.35	0.44		0.11	0.41	0.43	0.25	0.37	0.43
Intangible Assets	0.7	0.54	0.56	0.59	0.51	0.52	0.65	0.36	0.74	0.73	0.34	0.72	0.71	0.79	0.69	0.22	0.46	0.81	0.59	0.11		0.21	0.21	0.76	0.81	0.58
Cash	0.71	0.57	0.83	0.44	0.69	0.89	0.12	0.75	-0.18	0.64	0.55	0.42	-0.03	0.55	0.6	0.46	0.77	0.62	0.84	0.41	0.21		1.0	0.38	0.28	0.56
Cash And Short Term Investments	0.71	0.58	0.82	0.45	0.69	0.89	0.13	0.76	-0.17	0.64	0.56	0.41	-0.03	0.55	0.61	0.47	0.77	0.63	0.84	0.43	0.21	1.0		0.39	0.29	0.56
Other Assets	0.85	0.78	0.76	0.86	0.71	0.7	0.74	0.58	0.78	0.87	0.83	0.57	0.68	0.81	0.85	0.73	0.57	0.89	0.78	0.25	0.76	0.38	0.39		0.9	0.92
Current Deferred Revenue	0.72	0.74	0.62	0.9	0.55	0.57	0.72	0.4	0.82	0.75	0.61	0.52	0.68	0.71	0.7	0.57	0.39	0.81	0.64	0.37	0.81	0.28	0.29	0.9		0.84
Good Will	0.89	0.73	0.82	0.89	0.83	0.75	0.53	0.75	0.62	0.89	0.9	0.57	0.54	0.66	0.87	0.84	0.67	0.82	0.86	0.43	0.58	0.56	0.56	0.92	0.84

Click cells to compare fundamentals

CGI Account Relationship Matchups

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.

Pair Correlation Correlation Matching

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.

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CGI Free Cash Flow vs Net Borrowings Analysis

Free Cash Flow vs Net Borrowings

Free Cash Flow vs Net Borrowings Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Borrowings

CGI fundamental ratios Correlations

CGI Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CGI fundamental ratios Accounts

Pair Trading with CGI

Additional Tools for CGI Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Inventory	+ 0.99	Non Current Assets Total
Inventory	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Other Current Liab

Cash	- 0.18	Accounts Payable
Cash And Short Term Investments	- 0.17	Accounts Payable
Cash And Short Term Investments	- 0.03	Common Stock Shares Outstanding
Cash	- 0.03	Common Stock Shares Outstanding
Short Term Debt	- 0.03	Net Receivables