CI Financial Financials

CIX Stock  CAD 23.95  0.09  0.38%   
Financial data analysis helps to double-check if markets are at this moment mispricing CI Financial Corp. We have analyzed and interpolated thirty-six available financial indicators for CI Financial, which can be compared to its peers in the sector. The stock experiences a normal upward fluctuation. Check odds of CI Financial to be traded at C$25.15 in 90 days. Key indicators impacting CI Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.00150.0016
Notably Down
Slightly volatile
Return On Assets5.0E-45.0E-4
Notably Down
Slightly volatile
Return On Equity0.00460.0049
Notably Down
Slightly volatile
Debt Equity Ratio5.14.8548
Sufficiently Up
Slightly volatile
Operating Income534.4 M561.7 M
Notably Down
Slightly volatile
Current Ratio0.320.3344
Sufficiently Down
Slightly volatile
  
Understanding current and past CI Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CI Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in CI Financial's assets may result in an increase in income on the income statement.

CI Financial Stock Summary

CI Financial competes with IGM Financial, IA Financial, Canadian Western, Great West, and Laurentian Bank. CI Financial Corp. is a publicly owned asset management holding company. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada Calgary, Canada and Montreal, Canada. CI FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 1793 people.
Foreign Associate
  USA
Specialization
Financial Services, Financial Services
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA1254911003
Business Address15 York Street,,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.cifinancial.com
Phone416 364 1145
CurrencyCAD - Canadian Dollar
You should never invest in CI Financial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CIX Stock, because this is throwing your money away. Analyzing the key information contained in CI Financial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

CI Financial Key Financial Ratios

CI Financial's financial ratios allow both analysts and investors to convert raw data from CI Financial's financial statements into concise, actionable information that can be used to evaluate the performance of CI Financial over time and compare it to other companies across industries.

CI Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.4B6.4B8.7B9.7B10.0B10.5B
Retained Earnings(474.0M)(287.6M)(226.7M)(160.6M)(454.4M)(431.7M)
Other Current Assets(841.9M)(1.9B)(100K)(1.9B)(1.7B)(1.6B)
Total Liab2.9B4.7B7.0B8.1B8.9B9.4B
Total Current Assets817.7M1.8B1.8B1.8B1.7B1.8B
Short Term Debt460.9M218.7M317.7M344.0M1.9B2.0B
Intangible Assets1.9B2.2B2.9B3.2B3.2B3.4B
Other Current Liab94.5M354.2M565.5M1.3B3.0B3.2B
Net Receivables196.0M248.5M276.6M332.8M472.9M496.6M
Common Stock1.9B1.9B1.8B1.7B1.4B1.6B
Net Debt1.6B2.0B3.7B4.2B4.1B4.3B
Accounts Payable613.6M1.3B1.6B1.6B1.5B1.5B
Cash118.4M483.6M230.8M153.6M1.2B1.3B
Good Will1.5B2.1B3.3B4.1B4.4B4.6B
Other Assets43.0M68.4M200K142.2M128.0M196.3M
Other Liab483.3M578.6M860.4M751.1M863.7M595.1M
Net Tangible Assets(1.9B)(2.7B)(4.6B)(5.6B)(5.1B)(4.8B)
Long Term Debt1.2B2.3B3.5B3.9B3.1B1.8B
Long Term Debt Total1.2B2.3B3.6B4.0B4.7B4.9B
Capital Surpluse23.4M22.8M28.4M30.2M34.8M25.3M

CI Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense55.4M65.4M109.7M152.1M177.0M185.8M
Total Revenue2.1B2.1B2.7B2.4B3.2B3.4B
Gross Profit1.1B1.0B1.7B2.0B2.1B1.1B
Operating Income782.2M708.2M695.9M798.6M561.7M534.4M
Ebit(523.8M)(588.5M)(1.0B)(1.2B)(1.9B)(1.8B)
Ebitda815.1M751.7M792.7M953.7M767.3M622.8M
Income Before Tax726.8M642.7M586.2M476.2M149.7M142.2M
Net Income538.4M476.0M409.3M299.8M5.0M4.8M
Income Tax Expense189.3M167.2M173.8M174.4M143.6M127.8M
Cost Of Revenue1.0B1.0B981.9M406.0M1.1B935.6M
Minority Interest5.4M35.3M(3.1M)(2.1M)(1.1M)(1.0M)
Tax Provision189.3M167.2M173.8M174.4M143.6M153.3M
Interest Income56.7M67.5M109.7M232.2M267.1M280.4M
Net Interest Income(56.7M)(67.5M)(109.7M)(154.0M)(179.6M)(170.6M)
Research Development0.340.310.210.170.050.0475

CI Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(18.8M)365.2M(252.8M)(77.2M)(249.8M)(237.3M)
Free Cash Flow541.2M512.8M645.7M448.8M384.8M479.6M
Depreciation32.9M43.5M96.8M155.1M205.6M215.9M
Other Non Cash Items(4.3M)(4.6M)161.4M90.0M356.3M374.1M
Dividends Paid170.8M155.3M146.4M137.4M125.5M222.2M
Capital Expenditures16.8M29.1M20.2M30.1M64.6M67.9M
Net Income537.5M475.5M412.4M299.8M5.0M4.8M
End Period Cash Flow118.4M483.6M230.8M153.6M1.2B1.3B
Investments(46.3M)(598.1M)10.3M(508.5M)(676.9M)(643.0M)
Net Borrowings88.4M833.9M997.0M239.5M275.5M336.9M
Change To Netincome9.9M3.9M144.1M109.7M126.1M132.4M

CIX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CI Financial's current stock value. Our valuation model uses many indicators to compare CI Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Financial competition to find correlations between indicators driving CI Financial's intrinsic value. More Info.
CI Financial Corp is rated below average in return on equity category among its peers. It is number one stock in return on asset category among its peers . At this time, CI Financial's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Financial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

CI Financial Corp Systematic Risk

CI Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CI Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CI Financial Corp correlated with the market. If Beta is less than 0 CI Financial generally moves in the opposite direction as compared to the market. If CI Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CI Financial Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CI Financial is generally in the same direction as the market. If Beta > 1 CI Financial moves generally in the same direction as, but more than the movement of the benchmark.

CI Financial Corp Total Assets Over Time

CI Financial Thematic Clasifications

CI Financial Corp is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
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Today, most investors in CI Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CI Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CI Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.89)

At this time, CI Financial's Price Earnings To Growth Ratio is very stable compared to the past year.

CI Financial November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CI Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CI Financial Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of CI Financial Corp based on widely used predictive technical indicators. In general, we focus on analyzing CIX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CI Financial's daily price indicators and compare them against related drivers.

Other Information on Investing in CIX Stock

CI Financial financial ratios help investors to determine whether CIX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIX with respect to the benefits of owning CI Financial security.