CGI Fixed Asset Turnover from 2010 to 2024

GIB Stock  USD 111.97  2.10  1.91%   
CGI's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Overall, Fixed Asset Turnover is expected to go to 23.93 this year. From 2010 to 2024 CGI Fixed Asset Turnover quarterly data regression line had arithmetic mean of  20.80 and r-squared of  0.05. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
17.61974121
Current Value
23.93
Quarterly Volatility
6.84154698
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CGI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CGI's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.5 M, Interest Expense of 106 M or Total Revenue of 17.3 B, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0 or PTB Ratio of 2.34. CGI financial statements analysis is a perfect complement when working with CGI Valuation or Volatility modules.
  
Check out the analysis of CGI Correlation against competitors.

Latest CGI's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of CGI Inc over the last few years. It is CGI's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CGI's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

CGI Fixed Asset Turnover Regression Statistics

Arithmetic Mean20.80
Geometric Mean19.63
Coefficient Of Variation32.90
Mean Deviation5.65
Median21.57
Standard Deviation6.84
Sample Variance46.81
Range20.9302
R-Value(0.21)
Mean Square Error48.12
R-Squared0.05
Significance0.45
Slope(0.33)
Total Sum of Squares655.29

CGI Fixed Asset Turnover History

2024 23.93
2023 17.62
2022 16.4
2021 14.22
2020 12.92
2019 11.7
2018 30.46

About CGI Financial Statements

CGI stakeholders use historical fundamental indicators, such as CGI's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although CGI investors may analyze each financial statement separately, they are all interrelated. For example, changes in CGI's assets and liabilities are reflected in the revenues and expenses on CGI's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CGI Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 17.62  23.93 

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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 the analysis of CGI Correlation against competitors.
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Is IT Consulting & Other Services space 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
0.088
Earnings Share
5.01
Revenue Per Share
64.348
Quarterly Revenue Growth
0.044
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.