CGI Historical Income Statement

GIB-A Stock  CAD 161.79  0.42  0.26%   
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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

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

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).

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.
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 Revenue12.9B14.3B14.7B15.4B
Depreciation And Amortization474.6M519.6M506.4M271.2M

CGI income statement Correlations

0.780.10.220.080.730.60.770.20.440.65-0.040.630.720.870.150.490.530.37-0.210.130.5
0.78-0.350.68-0.370.970.70.980.660.10.930.430.930.920.670.580.690.590.540.240.570.6
0.1-0.35-0.931.0-0.37-0.3-0.35-0.930.66-0.39-0.99-0.43-0.230.07-0.82-0.51-0.14-0.61-0.63-0.81-0.54
0.220.68-0.93-0.930.670.50.661.0-0.460.670.960.710.540.210.870.650.320.670.580.860.65
0.08-0.371.0-0.93-0.38-0.3-0.36-0.940.63-0.4-1.0-0.44-0.240.05-0.81-0.51-0.14-0.6-0.61-0.8-0.54
0.730.97-0.370.67-0.380.81.00.660.00.990.450.980.970.60.590.790.670.630.20.610.7
0.60.7-0.30.5-0.30.80.780.5-0.160.790.340.780.780.370.420.880.860.73-0.010.520.85
0.770.98-0.350.66-0.361.00.780.650.040.970.430.970.960.650.580.760.650.60.170.590.7
0.20.66-0.931.0-0.940.660.50.65-0.490.670.960.70.530.190.880.660.320.680.590.870.65
0.440.10.66-0.460.630.0-0.160.04-0.49-0.07-0.61-0.10.020.49-0.7-0.41-0.04-0.59-0.65-0.73-0.38
0.650.93-0.390.67-0.40.990.790.970.67-0.070.471.00.980.480.610.820.680.650.260.640.67
-0.040.43-0.990.96-1.00.450.340.430.96-0.610.470.510.31-0.020.840.540.170.620.620.830.56
0.630.93-0.430.71-0.440.980.780.970.7-0.11.00.510.960.470.640.830.670.660.290.660.68
0.720.92-0.230.54-0.240.970.780.960.530.020.980.310.960.510.50.780.680.60.160.530.63
0.870.670.070.210.050.60.370.650.190.490.48-0.020.470.510.110.230.210.19-0.310.050.41
0.150.58-0.820.87-0.810.590.420.580.88-0.70.610.840.640.50.110.670.250.750.780.980.6
0.490.69-0.510.65-0.510.790.880.760.66-0.410.820.540.830.780.230.670.750.920.370.740.8
0.530.59-0.140.32-0.140.670.860.650.32-0.040.680.170.670.680.210.250.750.530.010.360.64
0.370.54-0.610.67-0.60.630.730.60.68-0.590.650.620.660.60.190.750.920.530.450.80.8
-0.210.24-0.630.58-0.610.2-0.010.170.59-0.650.260.620.290.16-0.310.780.370.010.450.740.04
0.130.57-0.810.86-0.80.610.520.590.87-0.730.640.830.660.530.050.980.740.360.80.740.67
0.50.6-0.540.65-0.540.70.850.70.65-0.380.670.560.680.630.410.60.80.640.80.040.67
Click cells to compare fundamentals

CGI Account Relationship Matchups

CGI income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization565.7M510.6M474.6M519.6M506.4M271.2M
Total Revenue12.2B12.1B12.9B14.3B14.7B15.4B
Gross Profit2.7B2.7B2.8B2.3B(21.1B)(20.0B)
Other Operating Expenses10.3B10.2B10.8B12.0B35.8B37.5B
Operating Income1.9B1.9B2.1B2.3B(21.1B)(20.0B)
Ebit1.9B1.9B2.1B2.3B2.2B2.4B
Research Development13.0M13.9M14.7M13.4M15.4M10.0M
Ebitda2.4B2.5B2.5B2.8B2.7B2.9B
Cost Of Revenue9.4B9.4B10.0B12.0B35.8B37.5B
Total Operating Expenses881.7M768.2M723.6M(9.0M)(10.3M)(9.8M)
Income Before Tax1.5B1.8B2.0B2.2B2.2B2.3B
Total Other Income Expense Net(363.7M)(646.0M)(123.7M)(116.0M)23.2B24.4B
Net Income1.1B1.4B1.5B1.6B1.7B1.8B
Income Tax Expense398.4M468.9M500.8M566.7M463.3M486.5M
Interest Expense110.6M103.1M86.8M87.8M83.4M76.1M
Selling General Administrative259.3M216.5M214.4M1.5B1.7B1.8B
Net Income From Continuing Ops1.1B1.4B1.5B1.6B1.9B1.3B
Net Income Applicable To Common Shares1.1B1.4B1.5B1.6B1.9B1.3B
Tax Provision398.4M468.9M500.8M566.7M651.7M476.3M
Net Interest Income(114.5M)(106.8M)(92.0M)(52.5M)(47.2M)(49.6M)
Interest Income5.1M3.1M3.2M41.5M47.7M50.1M
Reconciled Depreciation565.7M510.6M474.6M519.6M597.6M508.0M

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.
Pair CorrelationCorrelation Matching

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.