CiT Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . CiT Inc
CINT Stock  USD 6.73  0.10  1.46%   
CiT financial statements provide useful quarterly and yearly information to potential CiT Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CiT financial statements helps investors assess CiT's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CiT's valuation are summarized below:
Gross Profit
762.5 M
Profit Margin
0.0565
Market Capitalization
920 M
Enterprise Value Revenue
2.606
Revenue
2.1 B
There are currently one hundred twenty fundamental signals for CiT Inc that can be evaluated and compared over time across rivals. All traders should validate CiT's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 5.8 B in 2024. Enterprise Value is likely to gain to about 6 B in 2024

CiT Total Revenue

1.65 Billion

Check CiT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CiT's main balance sheet or income statement drivers, such as Interest Expense of 87.7 M, Other Operating Expenses of 2 B or EBIT of 307.5 M, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0148 or PTB Ratio of 2.4. CiT financial statements analysis is a perfect complement when working with CiT Valuation or Volatility modules.
  
Check out the analysis of CiT Correlation against competitors.

CiT Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities166.1 M282.5 M116.9 M
Slightly volatile
Total Current Liabilities766.4 M729.9 M264.8 M
Slightly volatile
Other Liabilities180.1 M171.6 M37.9 M
Slightly volatile
Retained Earnings372 M354.2 M102.8 M
Slightly volatile
Accounts Payable115.6 M110.1 M27 M
Slightly volatile
Net Receivables650.5 M619.6 M240.5 M
Slightly volatile
Other Current Assets81.7 M77.8 M17.4 M
Slightly volatile
Total Current Assets519.9 M912.1 M378.3 M
Slightly volatile
Common Stock31.6 K33.3 K23.9 M
Pretty Stable
Property Plant Equipment134.6 M128.2 M55.6 M
Slightly volatile
Total Assets2 B2.7 B984.5 M
Slightly volatile
Short and Long Term Debt Total710.6 M1.1 B325.8 M
Slightly volatile
Total Stockholder Equity912.3 M1.4 B403.1 M
Slightly volatile
Property Plant And Equipment Net124.3 M128.2 M108.1 M
Slightly volatile
Current Deferred Revenue22.9 M37 M18.5 M
Slightly volatile
Net Debt545.7 M866.8 M217.2 M
Slightly volatile
Cash164.9 M213.6 M110.5 M
Slightly volatile
Non Current Assets Total1.1 B1.9 B505.5 M
Slightly volatile
Non Currrent Assets Other59.4 M56.6 M14.3 M
Slightly volatile
Long Term Debt470.7 M753.7 M176.8 M
Slightly volatile
Cash And Short Term Investments368.2 M214.8 M183.8 M
Slightly volatile
Good Will764.4 M1.4 B291.3 M
Slightly volatile
Common Stock Shares Outstanding146 M139.1 M133.3 M
Slightly volatile
Short Term Investments105.2 M110.7 M119.5 M
Slightly volatile
Liabilities And Stockholders Equity2 B2.7 B984.5 M
Slightly volatile
Non Current Liabilities Total609.1 M965.1 M267.4 M
Slightly volatile
Capital Lease Obligations57.6 M56.5 M73.9 M
Slightly volatile
Inventory0.951.04.7 M
Pretty Stable
Total Liabilities1.1 B1.3 B581.4 M
Slightly volatile
Net Invested Capital1.5 B2.3 B644.8 M
Slightly volatile
Property Plant And Equipment Gross146 M210.2 M115.1 M
Slightly volatile
Short and Long Term Debt160.7 M236 M73.3 M
Slightly volatile
Accumulated Other Comprehensive Income72.3 M76.1 M83.4 M
Slightly volatile
Capital Stock31.6 K33.3 K50.6 M
Slightly volatile
Non Current Liabilities Other2.6 M4.1 M2.3 M
Slightly volatile
Net Working Capital378.4 M341.4 M156.6 M
Slightly volatile
Short Term Debt154.2 M257.6 M79.3 M
Slightly volatile
Intangible Assets158.8 M277 M61.1 M
Slightly volatile

CiT Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses2 B1.9 B561.9 M
Slightly volatile
EBIT307.5 M292.8 M111.5 M
Slightly volatile
Net Income Applicable To Common Shares152 M144.8 M60.5 M
Slightly volatile
Income Tax Expense41.9 M76.7 M30.2 M
Slightly volatile
Tax Provision72.6 M76.7 M44.4 M
Slightly volatile
Interest Income1.3 M1.3 M12 M
Slightly volatile
Depreciation And Amortization64.1 M93.2 M38.8 M
Slightly volatile
Selling General Administrative202.5 M290.5 M123.6 M
Slightly volatile
Selling And Marketing Expenses118.2 M173.6 M70.6 M
Slightly volatile
Total Revenue1.6 B2.2 B1 B
Slightly volatile
Gross Profit572.1 M745.7 M348.4 M
Slightly volatile
Operating Income281 M285.5 M158.9 M
Slightly volatile
Net Income From Continuing Ops125.1 M132.6 M80.2 M
Slightly volatile
Research Development3.1 M2.2 M8.8 M
Slightly volatile
EBITDA306.5 M386 M183.5 M
Slightly volatile
Cost Of Revenue1.1 B1.5 B667.8 M
Slightly volatile
Total Operating Expenses324 M460.2 M202.6 M
Slightly volatile
Reconciled Depreciation64.1 M93.2 M39.1 M
Slightly volatile
Income Before Tax197.7 M209.3 M124.6 M
Slightly volatile
Net Income118.5 M132.6 M77.7 M
Slightly volatile

CiT Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities310 M295.2 M76.1 M
Slightly volatile
Net Income74.8 M132.6 M54.5 M
Slightly volatile
End Period Cash Flow146.1 M211.6 M107.7 M
Slightly volatile
Begin Period Cash Flow131.6 M185.7 M97.7 M
Slightly volatile
Depreciation53 M93.2 M36.7 M
Slightly volatile
Stock Based Compensation29.5 M28.1 M6.6 M
Slightly volatile
Free Cash Flow284.7 M271.1 M97.7 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.521.594816.982
Slightly volatile
Dividend Yield0.01480.01410.007
Slightly volatile
PTB Ratio2.42.52496.4741
Slightly volatile
Days Sales Outstanding72.2910186.4955
Slightly volatile
Book Value Per Share10.6210.11283.0735
Slightly volatile
Free Cash Flow Yield0.07990.07610.0139
Slightly volatile
Operating Cash Flow Per Share2.222.11570.5767
Slightly volatile
Stock Based Compensation To Revenue0.01320.01260.0052
Slightly volatile
Capex To Depreciation0.250.25860.6576
Slightly volatile
PB Ratio2.42.52496.4741
Slightly volatile
EV To Sales1.881.982917.0644
Slightly volatile
Free Cash Flow Per Share2.041.94290.5045
Slightly volatile
ROIC0.07150.07530.2042
Pretty Stable
Inventory Turnover39.5241.6183
Very volatile
Net Income Per Share1.00.950.4339
Slightly volatile
Payables Turnover12.8313.509938.3898
Slightly volatile
Sales General And Administrative To Revenue0.0880.13010.1087
Very volatile
Average Inventory14.6 M13.9 M6 M
Slightly volatile
Research And Ddevelopement To Revenue9.0E-40.0010.0213
Slightly volatile
Capex To Revenue0.02060.01080.0252
Slightly volatile
Cash Per Share1.222.0211.2346
Slightly volatile
POCF Ratio11.4612.0646587
Slightly volatile
Interest Coverage3.253.417210.0411
Slightly volatile
Payout Ratio0.520.90.7167
Very volatile
Capex To Operating Cash Flow0.07760.08170.2274
Very volatile
PFCF Ratio12.4813.1374607
Slightly volatile
Days Payables Outstanding28.3727.017112.6943
Slightly volatile
Income Quality2.342.2271.198
Slightly volatile
ROE0.08920.09390.2701
Very volatile
EV To Operating Cash Flow14.2515.0007588
Slightly volatile
PE Ratio25.5226.8681559
Slightly volatile
Return On Tangible Assets0.10.12660.1206
Slightly volatile
EV To Free Cash Flow15.5216.3345611
Slightly volatile
Earnings Yield0.03910.03720.0101
Slightly volatile
Intangibles To Total Assets0.650.61460.1919
Slightly volatile
Current Ratio1.751.24971.5772
Very volatile
Receivables Turnover4.593.60494.316
Slightly volatile
Graham Number15.4414.70245.1187
Slightly volatile
Shareholders Equity Per Share10.6210.11283.0691
Slightly volatile
Debt To Equity0.40.70130.441
Slightly volatile
Capex Per Share0.140.17280.1598
Slightly volatile
Revenue Per Share16.816.00476.386
Slightly volatile
Interest Debt Per Share8.087.69112.1671
Slightly volatile
Debt To Assets0.380.36430.1914
Slightly volatile
Short Term Coverage Ratios2.341.25092.2626
Slightly volatile
Price Earnings Ratio25.5226.8681559
Slightly volatile
Operating Cycle73.4610187.6427
Slightly volatile
Price Book Value Ratio2.42.52496.4741
Slightly volatile
Days Of Payables Outstanding28.3727.017112.6943
Slightly volatile
Dividend Payout Ratio0.520.90.7167
Very volatile
Price To Operating Cash Flows Ratio11.4612.0646587
Slightly volatile
Price To Free Cash Flows Ratio12.4813.1374607
Slightly volatile
Pretax Profit Margin0.080.09370.0927
Slightly volatile
Ebt Per Ebit1.010.73310.9481
Slightly volatile
Operating Profit Margin0.0960.12780.1056
Slightly volatile
Effective Tax Rate0.260.36660.314
Slightly volatile
Company Equity Multiplier2.891.92522.6309
Very volatile
Long Term Debt To Capitalization0.190.34810.2188
Pretty Stable
Total Debt To Capitalization0.260.41220.2922
Slightly volatile
Return On Capital Employed0.270.14370.3142
Pretty Stable
Debt Equity Ratio0.40.70130.441
Slightly volatile
Ebit Per Revenue0.0960.12780.1056
Slightly volatile
Quick Ratio1.741.24971.5709
Very volatile
Dividend Paid And Capex Coverage Ratio12.8612.24612.9795
Slightly volatile
Net Income Per E B T0.720.63340.6766
Slightly volatile
Cash Ratio0.470.25450.43
Slightly volatile
Cash Conversion Cycle63.7474.235176.1918
Slightly volatile
Operating Cash Flow Sales Ratio0.140.13220.0736
Slightly volatile
Days Of Sales Outstanding72.2910186.4955
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.80.91830.7644
Pretty Stable
Cash Flow Coverage Ratios0.280.29830.8574
Very volatile
Price To Book Ratio2.42.52496.4741
Slightly volatile
Fixed Asset Turnover21.2520.039520.0056
Slightly volatile
Capital Expenditure Coverage Ratio12.8612.24615.4499
Slightly volatile
Price Cash Flow Ratio11.4612.0646587
Slightly volatile
Debt Ratio0.380.36430.1914
Slightly volatile
Cash Flow To Debt Ratio0.280.29830.8574
Very volatile
Price Sales Ratio1.521.594816.982
Slightly volatile
Return On Assets0.04640.04880.1012
Very volatile
Asset Turnover0.780.82211.755
Slightly volatile
Net Profit Margin0.05410.05940.061
Slightly volatile
Gross Profit Margin0.240.33390.2836
Slightly volatile
Price Fair Value2.42.52496.4741
Slightly volatile
Return On Equity0.08920.09390.2701
Very volatile

CiT Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.8 B3.6 B6.9 B
Pretty Stable
Enterprise Value6 B4.4 B7.1 B
Pretty Stable

CiT Fundamental Market Drivers

Forward Price Earnings6.4809
Cash And Short Term Investments214.8 M

CiT Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
17th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although CiT investors may analyze each financial statement separately, they are all interrelated. The changes in CiT's assets and liabilities, for example, are also reflected in the revenues and expenses on on CiT's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue37 M22.9 M
Total Revenue2.2 B1.6 B
Cost Of Revenue1.5 B1.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.09 
Capex To Revenue 0.01  0.02 
Revenue Per Share 16.00  16.80 
Ebit Per Revenue 0.13  0.10 

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