CiT Interest Expense from 2010 to 2024

CINT Stock  USD 6.80  0.07  1.04%   
CiT Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
83.5 M
Current Value
87.7 M
Quarterly Volatility
66.6 M
 
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of CiT Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. CiT's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

CiT Interest Expense Regression Statistics

Arithmetic Mean31,067,470
Geometric Mean0.00
Coefficient Of Variation214.35
Mean Deviation43,293,152
Median0.00
Standard Deviation66,592,215
Sample Variance4434.5T
Range246.6M
R-Value0.60
Mean Square Error3038.7T
R-Squared0.36
Significance0.02
Slope8,980,291
Total Sum of Squares62083.3T

CiT Interest Expense History

202487.7 M
202383.5 M
2022246.6 M
202129.7 M
202010.3 M
20198.1 M

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense83.5 M87.7 M

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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.