CGI Historical Income Statement
GIB-A Stock | CAD 158.48 0.82 0.52% |
Historical analysis of CGI income statement accounts such as Other Operating Expenses of 37.5 B or Ebit of 2.4 B can show how well CGI Inc performed in making a profits. Evaluating CGI income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CGI's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CGI Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CGI Inc is a good buy for the upcoming year.
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About CGI Income Statement Analysis
CGI Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CGI shareholders. The income statement also shows CGI investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CGI Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts CGI Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CGI Inc. It is also known as CGI overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CGI Inc financial statement analysis. It represents the amount of money remaining after all of CGI Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from CGI's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Income Tax Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1.8 B in 2024, despite the fact that Operating Income is likely to grow to (20 B).
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 |
CGI income statement Correlations
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CGI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CGI income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 565.7M | 510.6M | 474.6M | 519.6M | 506.4M | 271.2M | |
Total Revenue | 12.2B | 12.1B | 12.9B | 14.3B | 14.7B | 15.4B | |
Gross Profit | 2.7B | 2.7B | 2.8B | 2.3B | (21.1B) | (20.0B) | |
Other Operating Expenses | 10.3B | 10.2B | 10.8B | 12.0B | 35.8B | 37.5B | |
Operating Income | 1.9B | 1.9B | 2.1B | 2.3B | (21.1B) | (20.0B) | |
Ebit | 1.9B | 1.9B | 2.1B | 2.3B | 2.2B | 2.4B | |
Research Development | 13.0M | 13.9M | 14.7M | 13.4M | 15.4M | 10.0M | |
Ebitda | 2.4B | 2.5B | 2.5B | 2.8B | 2.7B | 2.9B | |
Cost Of Revenue | 9.4B | 9.4B | 10.0B | 12.0B | 35.8B | 37.5B | |
Total Operating Expenses | 881.7M | 768.2M | 723.6M | (9.0M) | (10.3M) | (9.8M) | |
Income Before Tax | 1.5B | 1.8B | 2.0B | 2.2B | 2.2B | 2.3B | |
Total Other Income Expense Net | (363.7M) | (646.0M) | (123.7M) | (116.0M) | 23.2B | 24.4B | |
Net Income | 1.1B | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | |
Income Tax Expense | 398.4M | 468.9M | 500.8M | 566.7M | 463.3M | 486.5M | |
Interest Expense | 110.6M | 103.1M | 86.8M | 87.8M | 83.4M | 76.1M | |
Selling General Administrative | 259.3M | 216.5M | 214.4M | 1.5B | 1.7B | 1.8B | |
Net Income From Continuing Ops | 1.1B | 1.4B | 1.5B | 1.6B | 1.9B | 1.3B | |
Net Income Applicable To Common Shares | 1.1B | 1.4B | 1.5B | 1.6B | 1.9B | 1.3B | |
Tax Provision | 398.4M | 468.9M | 500.8M | 566.7M | 651.7M | 476.3M | |
Net Interest Income | (114.5M) | (106.8M) | (92.0M) | (52.5M) | (47.2M) | (49.6M) | |
Interest Income | 5.1M | 3.1M | 3.2M | 41.5M | 47.7M | 50.1M | |
Reconciled Depreciation | 565.7M | 510.6M | 474.6M | 519.6M | 597.6M | 508.0M |
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.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.