CGI Common Stock vs Inventory Analysis

GIB Stock  USD 104.92  0.26  0.25%   
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 Common Stock and its Inventory 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.

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc Common Stock account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CGI's Common Stock and Inventory is 0.48. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory 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 Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of CGI Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., CGI's Common Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Inventory

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 Profit2.8B2.3B2.7B2.8B
Total Revenue12.9B14.3B16.4B17.3B

CGI fundamental ratios Correlations

0.890.980.960.950.90.720.890.490.990.740.880.610.530.980.340.910.940.770.980.70.690.420.750.760.64
0.890.920.860.730.970.860.70.340.860.620.730.390.70.810.370.780.960.80.920.650.690.250.810.810.62
0.980.920.960.910.940.730.880.380.960.730.820.490.520.940.340.920.940.870.970.750.650.30.80.810.58
0.960.860.960.910.870.690.860.390.950.590.860.550.40.930.140.890.910.810.950.840.710.350.750.770.61
0.950.730.910.910.80.490.970.390.950.750.820.540.310.950.260.940.790.750.930.720.510.330.730.740.54
0.90.970.940.870.80.710.80.220.860.670.670.30.570.810.370.850.910.880.960.720.540.120.910.910.52
0.720.860.730.690.490.710.390.60.740.510.760.560.840.710.390.520.90.470.670.320.870.520.40.40.67
0.890.70.880.860.970.80.390.180.860.740.720.310.180.880.150.960.70.840.910.780.360.080.790.810.46
0.490.340.380.390.390.220.60.180.560.520.660.840.70.560.440.170.54-0.060.33-0.080.710.92-0.09-0.090.64
0.990.860.960.950.950.860.740.860.560.740.910.680.550.990.360.890.940.720.950.650.730.50.680.680.66
0.740.620.730.590.750.670.510.740.520.740.620.340.60.780.540.690.650.590.720.290.340.250.520.520.59
0.880.730.820.860.820.670.760.720.660.910.620.720.510.910.140.750.860.530.80.550.830.610.420.440.74
0.610.390.490.550.540.30.560.310.840.680.340.720.480.660.40.360.620.050.450.120.750.950.040.040.52
0.530.70.520.40.310.570.840.180.70.550.60.510.480.50.640.260.720.250.49-0.020.650.550.30.280.64
0.980.810.940.930.950.810.710.880.560.990.780.910.660.50.360.90.90.70.920.640.690.480.630.640.68
0.340.370.340.140.260.370.390.150.440.360.540.140.40.640.360.210.390.090.29-0.260.140.380.20.180.19
0.910.780.920.890.940.850.520.960.170.890.690.750.360.260.90.210.790.870.930.770.450.110.80.810.46
0.940.960.940.910.790.910.90.70.540.940.650.860.620.720.90.390.790.710.920.60.820.480.690.690.69
0.770.80.870.810.750.880.470.84-0.060.720.590.530.050.250.70.090.870.710.850.820.35-0.170.890.90.34
0.980.920.970.950.930.960.670.910.330.950.720.80.450.490.920.290.930.920.850.780.590.250.870.870.6
0.70.650.750.840.720.720.320.78-0.080.650.290.550.12-0.020.64-0.260.770.60.820.780.38-0.10.790.810.35
0.690.690.650.710.510.540.870.360.710.730.340.830.750.650.690.140.450.820.350.590.380.720.240.260.62
0.420.250.30.350.330.120.520.080.920.50.250.610.950.550.480.380.110.48-0.170.25-0.10.72-0.17-0.170.5
0.750.810.80.750.730.910.40.79-0.090.680.520.420.040.30.630.20.80.690.890.870.790.24-0.171.00.34
0.760.810.810.770.740.910.40.81-0.090.680.520.440.040.280.640.180.810.690.90.870.810.26-0.171.00.35
0.640.620.580.610.540.520.670.460.640.660.590.740.520.640.680.190.460.690.340.60.350.620.50.340.35
Click cells to compare fundamentals

CGI Account Relationship Matchups

CGI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6B15.0B15.2B15.8B18.2B19.1B
Short Long Term Debt Total4.5B4.2B4.0B3.7B4.3B4.5B
Other Current Liab1.7B1.9B1.9B1.9B2.2B2.3B
Total Current Liabilities3.7B3.8B3.6B4.6B5.3B5.6B
Total Stockholder Equity7.3B7.0B7.3B8.3B9.6B10.0B
Property Plant And Equipment Net1.0B938.3M904.7M871.6M1.0B1.1B
Net Debt2.8B2.5B3.0B2.2B2.5B2.6B
Retained Earnings4.7B4.7B5.4B6.3B7.3B7.6B
Accounts Payable1.0B891.4M1.0B924.7M1.1B602.4M
Non Current Assets Total10.6B10.3B10.8B10.9B12.5B13.1B
Non Currrent Assets Other537.1M555.4M721.6M524.1M602.7M319.0M
Net Receivables1.2B1.2B1.4B1.4B1.6B1.7B
Common Stock Shares Outstanding266.1M253.1M242.9M237.7M273.4M302.7M
Liabilities And Stockholders Equity15.6B15.0B15.2B15.8B18.2B19.1B
Non Current Liabilities Total4.6B4.2B4.3B2.8B3.3B1.7B
Inventory1.1B1.0B1.2B1.1B1.3B1.4B
Other Current Assets885.6M765.5M788.2M198.4M228.1M255.5M
Other Stockholder Equity252.9M289.7M314.8M345.0M310.5M450.2M
Total Liab8.3B8.0B7.9B7.5B8.6B9.0B
Property Plant And Equipment Gross1.0B2.4B2.4B2.4B2.7B2.9B
Total Current Assets4.9B4.8B4.3B4.9B5.7B6.0B
Accumulated Other Comprehensive Income545.7M331.6M39.7M159.0M182.8M192.0M
Short Term Debt489.5M560.5M251.4M1.4B1.6B1.6B
Intangible Assets521.5M506.8M616.0M623.1M716.6M706.7M
Common Stock1.8B1.6B1.5B1.5B1.7B1.6B
Cash1.7B1.7B966.5M1.6B1.8B1.9B
Cash And Short Term Investments1.7B1.7B1.0B1.7B1.9B2.0B
Other Assets650.6M651.7M487.1M629.5M723.9M467.6M
Good Will8.4B8.1B8.5B8.7B10.0B10.5B
Other Liab604.1M573.3M528.5M459.0M527.8M421.5M
Net Tangible Assets(1.6B)(1.7B)(1.8B)(1.0B)(933.5M)(886.9M)
Long Term Debt3.3B3.0B3.2B1.9B2.2B1.4B
Short Term Investments18.5M19.0M33.9M103.5M119.0M124.9M
Deferred Long Term Liab242.8M233.1M261.6M311.0M357.6M375.5M
Long Term Investments22.6M19.4M16.8M17.1M19.7M20.7M
Short Long Term Debt310.8M392.7M93.4M1.2B1.3B1.4B
Property Plant Equipment1.0B938.3M904.7M871.6M1.0B1.1B
Current Deferred Revenue426.4M445.7M453.6M488.8M562.1M312.7M
Long Term Debt Total2.2B4.0B3.6B3.7B4.3B2.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock:
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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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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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
0.04
Earnings Share
5.17
Revenue Per Share
62.6
Quarterly Revenue Growth
0.007
Return On Assets
0.0931
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.