CiT Financials

CINT Stock  USD 6.80  0.07  1.04%   
Based on the key indicators related to CiT's liquidity, profitability, solvency, and operating efficiency, CiT Inc may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, CiT's Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 368.2 M in 2024, despite the fact that Other Assets are likely to grow to (120.6 M). Key indicators impacting CiT's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.05410.0594
Significantly Down
Slightly volatile
Return On Assets0.04640.0488
Notably Down
Very volatile
Return On Equity0.08920.0939
Notably Down
Very volatile
Debt Equity Ratio0.40.7013
Way Down
Slightly volatile
Operating Income281 M285.5 M
Fairly Down
Slightly volatile
Current Ratio1.751.2497
Significantly Up
Very volatile
Investors should never underestimate CiT's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CiT's cash flow, debt, and profitability to make informed and accurate decisions about investing in CiT Inc.

Net Income

118.45 Million

  
Understanding current and past CiT Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CiT's financial statements are interrelated, with each one affecting the others. For example, an increase in CiT's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CiT's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CiT Inc. Check CiT's Beneish M Score to see the likelihood of CiT's management manipulating its earnings.

CiT Stock Summary

CiT competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, and AuthID. CIT Inc., together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises worldwide. The company was founded in 1995 and is headquartered in Campinas, Brazil. CIT Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 6768 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINKYG213071064
CUSIPG21307106
LocationCayman Islands
Business AddressEstrada Giuseppina Vianelli
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websiteciandt.com
Phone55 19 2102 4500
CurrencyUSD - US Dollar

CiT Key Financial Ratios

CiT Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab165.4M186.4M248.4M523.2M282.5M166.1M
Other Liab2.3M1.1M39.1M149.2M171.6M180.1M
Net Tangible Assets91.2M180.3M350.5M(412.7M)(371.4M)(352.9M)
Retained Earnings32.8M109.3M126.0M251.9M354.2M372.0M
Accounts Payable8.6M15.3M82.5M35.1M110.1M115.6M
Other Assets31.8M23.8M41.1M83.8M(126.9M)(120.6M)
Net Receivables167.1M250.0M485.5M718.9M660.6M693.7M
Other Current Assets5.7M24.8M30.9M36.7M36.7M38.5M
Total Current Assets255.2M434.6M1.5B1.1B912.1M519.9M

CiT Key Income Statement Accounts

The reason investors look at the income statement is to determine what CiT's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense8.1M10.3M29.7M246.6M83.5M87.7M
Ebit91.7M203.1M240.1M274.1M292.8M307.5M
Income Tax Expense29.2M65.1M84.4M74.4M76.7M41.9M

CiT Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.4M83.3M(27.1M)50M25.9M19.8M
Net Income56.6M127.7M126.0M125.9M132.6M74.8M
Change To Netincome24.3M17.4M87.3M19.5M22.4M20.1M
End Period Cash Flow79.5M162.8M135.7M185.7M211.6M146.1M
Depreciation25.6M29.9M48.4M94.6M93.2M53.0M

CiT Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CiT's current stock value. Our valuation model uses many indicators to compare CiT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CiT competition to find correlations between indicators driving CiT's intrinsic value. More Info.
CiT Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CiT Inc is roughly  1.51 . At this time, CiT's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CiT by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CiT Inc Systematic Risk

CiT's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CiT volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CiT Inc correlated with the market. If Beta is less than 0 CiT generally moves in the opposite direction as compared to the market. If CiT Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CiT Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CiT is generally in the same direction as the market. If Beta > 1 CiT moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CiT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CiT's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CiT growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(6.73)

At this time, CiT's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

CiT November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CiT help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CiT Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of CiT Inc based on widely used predictive technical indicators. In general, we focus on analyzing CiT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CiT's daily price indicators and compare them against related drivers.

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.