CiT Debt Ratio from 2010 to 2024

CINT Stock  USD 6.80  0.07  1.04%   
CiT Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 0.15 in 2024. From the period from 2010 to 2024, CiT Debt Ratio quarterly data regression had r-value of  0.51 and coefficient of variation of  48.67. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.26775568
Current Value
0.15
Quarterly Volatility
0.08255388
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest CiT's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of CiT Inc over the last few years. It is CiT's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CiT's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

CiT Debt Ratio Regression Statistics

Arithmetic Mean0.17
Geometric Mean0.15
Coefficient Of Variation48.67
Mean Deviation0.07
Median0.15
Standard Deviation0.08
Sample Variance0.01
Range0.2655
R-Value0.51
Mean Square Error0.01
R-Squared0.26
Significance0.05
Slope0.01
Total Sum of Squares0.1

CiT Debt Ratio History

2023 0.27
2021 0.33
2020 0.15
2019 0.0683
2018 0.14
2016 0.23

Other Fundumenentals of CiT Inc

CiT Debt Ratio component correlations

-0.74-0.49-0.64-0.20.5-0.33-0.59-0.59-0.89-0.57-0.57-0.740.4-0.58-0.58-0.620.56-0.03-0.46-0.75
-0.740.90.950.66-0.50.790.850.860.760.830.840.870.150.830.850.89-0.870.560.860.86
-0.490.90.870.73-0.570.80.820.850.60.840.840.770.460.790.840.84-0.90.770.930.74
-0.640.950.870.84-0.510.880.950.950.730.930.940.930.350.950.950.96-0.950.720.880.93
-0.20.660.730.84-0.460.820.90.90.470.90.90.80.750.90.90.88-0.880.920.850.79
0.5-0.5-0.57-0.51-0.46-0.13-0.65-0.65-0.59-0.68-0.67-0.64-0.33-0.64-0.65-0.580.69-0.53-0.54-0.63
-0.330.790.80.880.82-0.130.790.790.450.770.780.720.470.780.80.83-0.810.740.830.71
-0.590.850.820.950.9-0.650.791.00.770.991.00.970.471.01.00.99-0.980.790.90.97
-0.590.860.850.950.9-0.650.791.00.791.01.00.970.460.981.00.99-0.980.790.930.96
-0.890.760.60.730.47-0.590.450.770.790.770.770.89-0.120.740.770.78-0.70.270.680.89
-0.570.830.840.930.9-0.680.770.991.00.771.00.960.50.981.00.98-0.980.810.920.95
-0.570.840.840.940.9-0.670.781.01.00.771.00.970.490.991.00.98-0.980.810.920.96
-0.740.870.770.930.8-0.640.720.970.970.890.960.970.260.960.970.97-0.930.630.871.0
0.40.150.460.350.75-0.330.470.470.46-0.120.50.490.260.470.480.4-0.520.890.510.23
-0.580.830.790.950.9-0.640.781.00.980.740.980.990.960.470.990.98-0.970.790.860.96
-0.580.850.840.950.9-0.650.81.01.00.771.01.00.970.480.990.99-0.980.80.920.96
-0.620.890.840.960.88-0.580.830.990.990.780.980.980.970.40.980.99-0.960.750.930.97
0.56-0.87-0.9-0.95-0.880.69-0.81-0.98-0.98-0.7-0.98-0.98-0.93-0.52-0.97-0.98-0.96-0.84-0.91-0.91
-0.030.560.770.720.92-0.530.740.790.790.270.810.810.630.890.790.80.75-0.840.80.61
-0.460.860.930.880.85-0.540.830.90.930.680.920.920.870.510.860.920.93-0.910.80.84
-0.750.860.740.930.79-0.630.710.970.960.890.950.961.00.230.960.960.97-0.910.610.84
Click cells to compare fundamentals

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as Debt Ratio, 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
Debt Ratio 0.27  0.15 
Cash Flow To Debt Ratio 0.41  0.39 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CiT Stock Analysis

When running CiT's price analysis, check to measure CiT'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 CiT is operating at the current time. Most of CiT's value examination focuses on studying past and present price action to predict the probability of CiT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CiT's price. Additionally, you may evaluate how the addition of CiT to your portfolios can decrease your overall portfolio volatility.