CGI Gross Profit vs Total Operating Expenses Analysis
GIB Stock | USD 104.19 0.14 0.13% |
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 Gross Profit and its Total Operating Expenses 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.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGI Inc Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between CGI's Gross Profit and Total Operating Expenses is 0.38. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of CGI Inc are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., CGI's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of CGI Inc minus its cost of goods sold. It is profit before CGI operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 |
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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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 5.14 | 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.