CGI Inc. (GIB) Balance Sheet
GIB balance sheet, FY2025
September 30, 2025 · Canadian dollarsC$19.52B assets = C$9.24B liabilities + C$10.28B equity
Both columns are drawn to the same scale: what GIB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GIB financial health
Current ratio0.99
Tight · current assets cover current liabilities 0.99×
Debt / equity0.43
Low leverage · C$0.43 of debt for each $1 of equity
Equity / assets52.7%
Equity-funded · of assets funded by shareholders
Cash / debt19.4%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles64.7%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
GIB balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | C$11.69BFY2016 | C$19.52BFY2025 | +5.9%/yr | |
| Total liabilities | C$5.23BFY2016 | C$9.24BFY2025 | +6.5%/yr | |
| Shareholders’ equity | C$6.46BFY2016 | C$10.28BFY2025 | +5.3%/yr | |
| Cash & short-term investments | C$596.5MFY2016 | C$867.9MFY2025 | +4.3%/yr | |
| Total debt | C$1.91BFY2016 | C$4.47BFY2025 | +9.9%/yr | |
| Net cash (debt) | −C$1.31BFY2016 | −C$3.60BFY2025 | −C$2.3B | |
| Working capital | C$425.0MFY2016 | −C$49.0MFY2025 | −C$474.0M | |
| Current ratio | 1.15FY2016 | 0.99FY2025 | −0.16 | |
| Debt / equity | 0.30FY2016 | 0.43FY2025 | +0.14 | |
| Shares outstanding | 312.8MFY2016 | 225.5MFY2025 | −3.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GIB assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
GIB liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
GIB debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GIB balance sheet in Canadian dollars
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | C$867.9M | C$1.46B | C$1.58B | C$1.00B | C$1.72B | C$1.28B | C$253.8M | C$184.1M | C$165.9M | C$596.5M |
| Cash & equivalents | C$864.2M | C$1.46B | C$1.57B | C$966.5M | C$1.70B | C$1.28B | C$213.8M | C$184.1M | C$165.9M | C$596.5M |
| Short-term investments | C$3.7M | C$3.3M | C$7.3M | C$33.9M | C$19.0M | C$1.1M | C$39.9M | C$184.4M | C$8.2M | C$22.2M |
| Receivables | C$3.01B | C$1.42B | C$1.43B | C$1.37B | C$1.24B | C$1.74B | C$1.37B | C$1.49B | C$1.29B | C$1.11B |
| Inventory | C$1.37B | C$1.21B | C$1 | C$1.19B | C$1.05B | C$1.08B | C$1.10B | C$942.8M | C$922.6M | C$935.5M |
| Other current assets | C$0 | C$723.1M | C$1.93B | C$788.2M | C$765.5M | C$0 | C$540.3M | C$491.5M | C$482.1M | C$562.1M |
| Total current assets | C$5.05B | C$4.82B | C$4.93B | C$4.35B | C$4.77B | C$3.70B | C$3.26B | C$3.10B | C$2.86B | C$3.20B |
| Property, plant & equipment (net) | C$919.9M | C$832.9M | C$871.6M | C$904.7M | C$938.3M | C$778.4M | C$397.7M | C$388.1M | C$396.6M | C$439.3M |
| Goodwill & intangible assets | C$12.63B | C$10.19B | C$9.35B | C$9.10B | C$8.65B | C$6.66B | C$8.29B | C$7.82B | C$7.55B | C$7.44B |
| Long-term investments | C$27.7M | C$24.2M | C$17.1M | C$16.8M | C$19.4M | C$22.6M | C$24.6M | C$30.1M | C$23.0M | C$27.2M |
| Other non-current assets | C$888.3M | C$822.1M | C$629.5M | C$807.4M | C$651.7M | C$481.4M | C$656.3M | C$575.4M | C$563.1M | C$580.0M |
| Total assets | C$19.52B | C$16.69B | C$15.80B | C$15.18B | C$15.02B | C$11.64B | C$12.62B | C$11.92B | C$11.40B | C$11.69B |
| Liabilities | ||||||||||
| Accounts payable | C$1.01B | C$999.8M | C$924.7M | C$1.02B | C$891.4M | C$768.1M | C$1.11B | C$1.13B | C$1.00B | C$1.11B |
| Short-term debt | C$1.02B | C$151.3M | C$1.36B | C$251.4M | C$560.5M | C$366.4M | C$113.5M | C$348.6M | C$122.5M | C$192.0M |
| Deferred revenue | — | C$536.8M | C$488.8M | C$453.6M | C$445.7M | C$319.2M | C$397.4M | C$399.5M | C$409.3M | C$390.4M |
| Total current liabilities | C$5.10B | C$3.55B | C$4.65B | C$3.65B | C$3.80B | C$2.74B | C$2.88B | C$3.12B | C$2.70B | C$2.78B |
| Long-term debt | C$3.31B | C$3.16B | C$2.38B | C$3.72B | C$3.62B | C$3.97B | C$2.22B | C$1.45B | C$1.74B | C$1.72B |
| Lease obligations | C$693.5M | C$620.1M | C$642.0M | C$709.2M | C$776.9M | C$876.4M | C$0 | C$0 | C$0 | C$0 |
| Other long-term liabilities | C$824.3M | C$551.2M | C$458.9M | C$528.5M | C$613.3M | C$0 | C$635.8M | C$662.3M | C$752.5M | C$731.1M |
| Total liabilities | C$9.24B | C$7.26B | C$7.49B | C$7.90B | C$8.03B | C$6.20B | C$5.74B | C$5.23B | C$5.19B | C$5.23B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | C$1.50B | C$1.47B | C$1.48B | C$1.49B | C$1.63B | C$1.32B | C$1.90B | C$2.02B | C$2.05B | C$2.19B |
| Retained earnings (deficit) | C$7.43B | C$7.13B | C$6.33B | C$5.43B | C$4.73B | C$3.52B | C$4.56B | C$4.25B | C$3.79B | C$3.78B |
| Treasury stock | — | — | — | — | — | — | C$0 | C$0 | C$0 | C$0 |
| Accumulated other comprehensive income | C$1.00B | C$451.3M | C$159.0M | C$39.7M | C$331.6M | C$408.5M | C$176.7M | C$201.6M | C$159.4M | C$304.1M |
| Minority interest | — | — | — | — | — | — | C$0 | C$0 | C$0 | C$0 |
| Total shareholders' equity | C$10.28B | C$9.43B | C$8.31B | C$7.27B | C$6.99B | C$5.44B | C$6.88B | C$6.68B | C$6.20B | C$6.46B |
| Key figures | ||||||||||
| Total debt | C$4.47B | C$3.31B | C$3.74B | C$3.98B | C$4.18B | C$3.34B | C$2.33B | C$1.80B | C$1.86B | C$1.91B |
| Net cash (debt) | −C$3.60B | −C$1.84B | −C$2.17B | −C$2.98B | −C$2.46B | −C$2.06B | −C$2.08B | −C$1.62B | −C$1.70B | −C$1.31B |
| Working capital | −C$49.0M | C$1.27B | C$287.9M | C$699.7M | C$961.7M | C$958.4M | C$373.3M | −C$15.2M | C$161.5M | C$425.0M |
| Tangible book value | −C$2.35B | −C$761.0M | −C$1.04B | −C$1.82B | −C$1.66B | −C$1.23B | −C$1.40B | −C$1.14B | −C$1.35B | −C$978.5M |
| Shares outstanding | 225.5M | 231.7M | 237.7M | 242.9M | 253.1M | 266.1M | 277.8M | 288.9M | 303.3M | 312.8M |
| Current ratio | 0.99 | 1.36 | 1.06 | 1.19 | 1.25 | 1.35 | 1.13 | 1.00 | 1.06 | 1.15 |
| Quick ratio | 0.76 | 0.81 | 0.65 | 0.65 | 0.78 | 1.10 | 0.56 | 0.54 | 0.54 | 0.61 |
| Debt / equity | 0.43 | 0.35 | 0.45 | 0.55 | 0.60 | 0.61 | 0.34 | 0.27 | 0.30 | 0.30 |
| Equity / assets | 52.7% | 56.5% | 52.6% | 47.9% | 46.5% | 46.7% | 54.5% | 56.1% | 54.4% | 55.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | C$633.4M | C$717.9M | C$840.4M | C$867.9M | C$1.10B | C$1.80B | C$1.46B | C$1.16B | C$1.27B | C$1.14B | C$1.16B |
| Cash & equivalents | C$625.6M | C$710.3M | C$835.7M | C$864.2M | C$1.10B | C$1.80B | C$1.46B | C$1.16B | C$1.27B | C$1.13B | C$1.15B |
| Short-term investments | C$7.8M | C$7.6M | C$4.7M | C$3.7M | C$1.8M | C$1.8M | C$3.3M | C$3.3M | C$6.1M | C$8.4M | C$5.4M |
| Receivables | C$1.59B | C$2.98B | C$2.75B | C$3.01B | C$1.52B | C$1.47B | C$1.42B | C$1.49B | C$1.43B | C$1.55B | C$1.90B |
| Inventory | C$1.46B | C$1.38B | C$1.18B | C$1.37B | C$1.30B | C$1.15B | C$1.21B | C$1.19B | C$1.22B | C$1.02B | C$1.14B |
| Other current assets | C$1.32B | C$0 | C$0 | C$0 | C$791.7M | C$1.15B | C$723.1M | C$800.2M | C$758.7M | C$817.3M | C$0 |
| Total current assets | C$5.00B | C$4.97B | C$4.57B | C$5.05B | C$4.71B | C$5.57B | C$4.82B | C$4.64B | C$4.69B | C$4.54B | C$3.63B |
| Property, plant & equipment (net) | C$878.2M | C$891.9M | C$919.5M | C$919.9M | C$890.4M | C$834.8M | C$832.9M | C$827.9M | C$828.7M | C$841.4M | C$641.6M |
| Goodwill & intangible assets | C$12.75B | C$12.59B | C$12.53B | C$12.63B | C$12.28B | C$10.64B | C$10.19B | C$9.55B | C$9.48B | C$9.45B | C$6.88B |
| Long-term investments | C$176.4M | C$151.6M | C$163.9M | C$27.7M | C$39.2M | C$179.1M | C$24.2M | C$171.9M | C$154.2M | C$147.5M | C$17.1M |
| Other non-current assets | C$778.4M | C$745.9M | C$716.7M | C$888.3M | C$803.3M | C$702.0M | C$822.1M | C$608.9M | C$587.5M | C$538.2M | C$458.9M |
| Total assets | C$19.58B | C$19.35B | C$18.90B | C$19.52B | C$18.72B | C$17.92B | C$16.69B | C$15.79B | C$15.74B | C$15.51B | C$11.63B |
| Liabilities | |||||||||||
| Accounts payable | C$1.12B | C$1.02B | C$1.00B | C$1.01B | C$1.04B | C$1.26B | C$999.8M | C$881.7M | C$900.8M | C$910.4M | C$680.6M |
| Short-term debt | C$1.03B | C$1.02B | C$998.0M | C$1.02B | C$164.9M | C$150.5M | C$151.3M | C$657.5M | C$667.9M | C$687.7M | C$999.5M |
| Deferred revenue | C$621.3M | C$694.8M | C$638.7M | — | C$643.0M | C$559.2M | C$536.8M | C$577.0M | C$626.1M | C$477.4M | C$359.8M |
| Total current liabilities | C$5.35B | C$5.26B | C$4.86B | C$5.10B | C$3.71B | C$4.24B | C$3.55B | C$4.01B | C$4.01B | C$4.09B | C$3.42B |
| Long-term debt | C$2.82B | C$2.80B | C$3.29B | C$3.31B | C$4.20B | C$3.25B | C$3.16B | C$1.96B | C$1.94B | C$1.91B | C$2.38B |
| Lease obligations | C$660.2M | C$668.6M | C$697.8M | C$693.5M | C$669.8M | C$622.7M | C$620.1M | C$608.1M | C$611.7M | C$624.0M | C$642.0M |
| Other long-term liabilities | C$1.26B | C$1.27B | C$803.3M | C$824.3M | C$633.7M | C$573.0M | C$551.2M | C$928.4M | C$933.1M | C$906.4M | C$0 |
| Total liabilities | C$9.44B | C$9.33B | C$8.96B | C$9.24B | C$8.55B | C$8.07B | C$7.26B | C$6.90B | C$6.89B | C$6.91B | C$5.51B |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | C$1.38B | C$1.48B | C$1.49B | C$1.50B | C$1.52B | C$1.50B | C$1.47B | C$1.45B | C$1.47B | C$1.45B | C$1.09B |
| Retained earnings (deficit) | C$7.39B | C$7.36B | C$7.29B | C$7.43B | C$7.44B | C$7.38B | C$7.13B | C$6.74B | C$6.77B | C$6.61B | C$4.66B |
| Accumulated other comprehensive income | C$1.05B | C$876.6M | C$842.1M | C$1.00B | C$881.4M | C$623.7M | C$451.3M | C$347.7M | C$257.5M | C$207.3M | C$117.0M |
| Total shareholders' equity | C$10.15B | C$10.03B | C$9.94B | C$10.28B | C$10.17B | C$9.86B | C$9.43B | C$8.90B | C$8.85B | C$8.60B | C$6.12B |
| Key figures | |||||||||||
| Total debt | C$4.34B | C$4.31B | C$4.81B | C$4.47B | C$4.37B | C$3.40B | C$3.31B | C$3.05B | C$3.03B | C$3.00B | C$2.75B |
| Net cash (debt) | −C$3.70B | −C$3.60B | −C$3.97B | −C$3.60B | −C$3.27B | −C$1.60B | −C$1.84B | −C$1.89B | −C$1.76B | −C$1.86B | −C$1.59B |
| Working capital | −C$349.0M | −C$287.5M | −C$293.5M | −C$49.0M | C$999.6M | C$1.33B | C$1.27B | C$627.4M | C$671.8M | C$442.1M | C$211.9M |
| Tangible book value | −C$2.60B | −C$2.57B | −C$2.59B | −C$2.35B | −C$2.10B | −C$777.3M | −C$761.0M | −C$649.7M | −C$633.0M | −C$846.2M | −C$763.5M |
| Shares outstanding | 208.9M | 213.1M | 217.7M | 221.9M | 228.2M | 228.2M | 230.0M | 230.5M | 233.3M | 233.9M | 235.7M |
| Current ratio | 0.93 | 0.95 | 0.94 | 0.99 | 1.27 | 1.31 | 1.36 | 1.16 | 1.17 | 1.11 | 1.06 |
| Quick ratio | 0.42 | 0.70 | 0.74 | 0.76 | 0.70 | 0.77 | 0.81 | 0.66 | 0.67 | 0.66 | 0.89 |
| Debt / equity | 0.43 | 0.43 | 0.48 | 0.43 | 0.43 | 0.34 | 0.35 | 0.34 | 0.34 | 0.35 | 0.45 |
| Equity / assets | 51.8% | 51.8% | 52.6% | 52.7% | 54.3% | 55.0% | 56.5% | 56.3% | 56.2% | 55.5% | 52.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed December 17, 2025); data from EODHD.
GIB financial position
At the end of fiscal 2025 (September 30, 2025), CGI had total assets of C$19.5 billion (up 17.0% from a year earlier), total liabilities of C$9.2 billion and shareholders' equity of C$10.3 billion. It held C$867.9 million in cash and short-term investments against C$4.5 billion of debt, net debt of C$3.6 billion. Its current ratio was 0.99. In the latest quarter (ended June 30, 2026) total assets were C$19.6 billion and equity C$10.1 billion.
Related: GIB income statement, GIB cash flow statement, GIB key metrics. See the GIB stock overview for the latest quote and news.
GIB balance sheet FAQ
What are CGI's total assets?
CGI reported total assets of C$19.5 billion at the end of fiscal 2025 (September 30, 2025), compared with C$16.7 billion a year earlier.
How much debt does CGI have?
CGI had C$4.5 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.43.
How much cash does CGI have?
CGI held C$867.9 million in cash and short-term investments at the end of fiscal 2025; with C$4.5 billion of debt that is net debt of C$3.6 billion.
What is CGI's book value?
CGI's shareholders' equity (book value) was C$10.3 billion at the end of fiscal 2025.
What is CGI's current ratio?
CGI had current assets of C$5.1 billion and current liabilities of C$5.1 billion, a current ratio of 0.99 (current liabilities exceed current assets).
How much goodwill does CGI have?
CGI carried C$12.6 billion of goodwill and intangible assets, 64.7% of total assets, at the end of fiscal 2025.