CiT Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

CINT Stock

USD 7.07 0.19 2.76%

CiT financial indicator trend analysis is way more than just evaluating CiT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CiT Inc is a good investment. Please check the relationship between CiT Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CiT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CiT Inc Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between CiT's Common Stock Shares Outstanding and Other Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of CiT Inc, assuming nothing else is changed. The correlation between historical values of CiT's Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CiT Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., CiT's Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from CiT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CiT Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CiT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to gain to about 6 B in 2025, whereas Tax Provision is likely to drop slightly above 72.6 M in 2025.

	2022	2023	2024	2025 (projected)
EBIT	274.1M	292.8M	336.8M	353.6M
Other Operating Expenses	1.9B	1.9B	2.2B	2.4B

Ebit Other Operating Expenses

CiT fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding
Other Current Liab		0.96	0.67	-0.47	0.61	0.68	0.08	0.81	0.55	0.68	0.79	-0.28	0.8	0.81	0.85	0.77	0.09	0.42	0.84	0.73	0.78	0.6	0.77	0.52	0.7	0.25
Total Current Liabilities	0.96		0.75	-0.48	0.72	0.82	-0.1	0.88	0.68	0.8	0.9	-0.4	0.86	0.91	0.93	0.89	-0.01	0.52	0.92	0.83	0.87	0.67	0.89	0.64	0.78	0.35
Other Liab	0.67	0.75		-0.87	0.97	0.53	-0.63	0.95	0.94	0.96	0.8	-0.65	0.74	0.91	0.87	0.91	-0.56	0.95	0.84	0.89	0.93	0.99	0.9	0.37	0.99	0.76
Net Tangible Assets	-0.47	-0.48	-0.87		-0.79	-0.11	0.61	-0.7	-0.73	-0.72	-0.42	0.56	-0.4	-0.67	-0.6	-0.68	0.73	-0.88	-0.57	-0.7	-0.79	-0.9	-0.67	0.09	-0.83	-0.74
Retained Earnings	0.61	0.72	0.97	-0.79		0.54	-0.71	0.95	0.98	0.93	0.8	-0.55	0.79	0.86	0.82	0.88	-0.6	0.95	0.78	0.91	0.88	0.97	0.86	0.39	0.96	0.79
Accounts Payable	0.68	0.82	0.53	-0.11	0.54		-0.13	0.72	0.57	0.73	0.91	-0.5	0.76	0.8	0.84	0.79	0.2	0.35	0.86	0.64	0.67	0.44	0.81	0.93	0.61	0.16
Other Assets	0.08	-0.1	-0.63	0.61	-0.71	-0.13		-0.47	-0.76	-0.57	-0.31	0.42	-0.33	-0.42	-0.31	-0.48	0.87	-0.82	-0.26	-0.56	-0.48	-0.7	-0.46	-0.01	-0.6	-0.77
Net Receivables	0.81	0.88	0.95	-0.7	0.95	0.72	-0.47		0.92	0.96	0.93	-0.56	0.88	0.95	0.94	0.94	-0.34	0.84	0.92	0.91	0.93	0.92	0.93	0.57	0.97	0.63
Other Current Assets	0.55	0.68	0.94	-0.73	0.98	0.57	-0.76	0.92		0.92	0.81	-0.53	0.81	0.85	0.8	0.87	-0.6	0.94	0.75	0.91	0.85	0.95	0.85	0.44	0.94	0.78
Other Stockholder Equity	0.68	0.8	0.96	-0.72	0.93	0.73	-0.57	0.96	0.92		0.91	-0.74	0.78	0.95	0.94	0.95	-0.39	0.88	0.93	0.86	0.93	0.92	0.95	0.61	0.98	0.65
Total Current Assets	0.79	0.9	0.8	-0.42	0.8	0.91	-0.31	0.93	0.81	0.91		-0.56	0.89	0.92	0.95	0.9	-0.05	0.64	0.94	0.81	0.83	0.73	0.91	0.83	0.85	0.4
Common Stock	-0.28	-0.4	-0.65	0.56	-0.55	-0.5	0.42	-0.56	-0.53	-0.74	-0.56		-0.19	-0.68	-0.68	-0.67	0.23	-0.61	-0.7	-0.45	-0.66	-0.6	-0.69	-0.46	-0.68	-0.38
Property Plant Equipment	0.8	0.86	0.74	-0.4	0.79	0.76	-0.33	0.88	0.81	0.78	0.89	-0.19		0.8	0.81	0.79	-0.15	0.61	0.78	0.83	0.73	0.7	0.79	0.65	0.77	0.45
Total Assets	0.81	0.91	0.91	-0.67	0.86	0.8	-0.42	0.95	0.85	0.95	0.92	-0.68	0.8		0.99	1.0	-0.28	0.77	0.97	0.91	0.98	0.85	1.0	0.62	0.94	0.58
Short Long Term Debt Total	0.85	0.93	0.87	-0.6	0.82	0.84	-0.31	0.94	0.8	0.94	0.95	-0.68	0.81	0.99		0.97	-0.15	0.7	1.0	0.86	0.95	0.8	0.98	0.69	0.91	0.48
Total Stockholder Equity	0.77	0.89	0.91	-0.68	0.88	0.79	-0.48	0.94	0.87	0.95	0.9	-0.67	0.79	1.0	0.97		-0.35	0.79	0.95	0.92	0.98	0.86	1.0	0.59	0.93	0.62
Property Plant And Equipment Net	0.09	-0.01	-0.56	0.73	-0.6	0.2	0.87	-0.34	-0.6	-0.39	-0.05	0.23	-0.15	-0.28	-0.15	-0.35		-0.76	-0.09	-0.47	-0.43	-0.65	-0.31	0.39	-0.49	-0.85
Current Deferred Revenue	0.42	0.52	0.95	-0.88	0.95	0.35	-0.82	0.84	0.94	0.88	0.64	-0.61	0.61	0.77	0.7	0.79	-0.76		0.66	0.8	0.82	0.97	0.77	0.2	0.93	0.86
Net Debt	0.84	0.92	0.84	-0.57	0.78	0.86	-0.26	0.92	0.75	0.93	0.94	-0.7	0.78	0.97	1.0	0.95	-0.09	0.66		0.81	0.92	0.76	0.97	0.72	0.88	0.42
Cash	0.73	0.83	0.89	-0.7	0.91	0.64	-0.56	0.91	0.91	0.86	0.81	-0.45	0.83	0.91	0.86	0.92	-0.47	0.8	0.81		0.92	0.88	0.9	0.42	0.89	0.71
Non Current Assets Total	0.78	0.87	0.93	-0.79	0.88	0.67	-0.48	0.93	0.85	0.93	0.83	-0.66	0.73	0.98	0.95	0.98	-0.43	0.82	0.92	0.92		0.9	0.98	0.44	0.94	0.66
Non Currrent Assets Other	0.6	0.67	0.99	-0.9	0.97	0.44	-0.7	0.92	0.95	0.92	0.73	-0.6	0.7	0.85	0.8	0.86	-0.65	0.97	0.76	0.88	0.9		0.85	0.27	0.98	0.81
Long Term Debt	0.77	0.89	0.9	-0.67	0.86	0.81	-0.46	0.93	0.85	0.95	0.91	-0.69	0.79	1.0	0.98	1.0	-0.31	0.77	0.97	0.9	0.98	0.85		0.62	0.93	0.59
Cash And Short Term Investments	0.52	0.64	0.37	0.09	0.39	0.93	-0.01	0.57	0.44	0.61	0.83	-0.46	0.65	0.62	0.69	0.59	0.39	0.2	0.72	0.42	0.44	0.27	0.62		0.46	-0.03
Good Will	0.7	0.78	0.99	-0.83	0.96	0.61	-0.6	0.97	0.94	0.98	0.85	-0.68	0.77	0.94	0.91	0.93	-0.49	0.93	0.88	0.89	0.94	0.98	0.93	0.46		0.72
Common Stock Shares Outstanding	0.25	0.35	0.76	-0.74	0.79	0.16	-0.77	0.63	0.78	0.65	0.4	-0.38	0.45	0.58	0.48	0.62	-0.85	0.86	0.42	0.71	0.66	0.81	0.59	-0.03	0.72

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CiT Account Relationship Matchups

CiT fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	186.4M	248.4M	523.2M	194.0M	223.1M	156.3M
Total Current Liabilities	311.0M	549.0M	755.2M	455.3M	523.6M	292.8M
Other Liab	2.3M	1.1M	39.1M	149.2M	171.6M	180.1M
Net Tangible Assets	91.2M	180.3M	350.5M	(412.7M)	(371.4M)	(352.9M)
Retained Earnings	109.3M	126.0M	251.9M	354.2M	407.4M	427.7M
Accounts Payable	8.6M	15.3M	82.5M	35.1M	40.3M	21.9M
Other Assets	23.8M	41.1M	83.8M	(126.9M)	(114.2M)	(108.5M)
Net Receivables	250.0M	485.5M	718.9M	619.6M	712.5M	748.1M
Other Current Assets	24.8M	30.9M	36.7M	77.8M	89.4M	93.9M
Other Stockholder Equity	(109.3M)	790.0M	907.8M	980.9M	1.1B	1.2B
Total Current Assets	434.6M	1.5B	1.1B	912.1M	1.0B	1.1B
Property Plant Equipment	101.8M	108.5M	131.5M	111.5M	128.2M	134.6M
Total Assets	585.1M	2.4B	3.0B	2.7B	3.1B	2.0B
Short Long Term Debt Total	164.5M	870.6M	1.0B	772.4M	888.2M	648.9M
Total Stockholder Equity	198.5M	1.1B	1.3B	1.4B	1.6B	912.3M
Property Plant And Equipment Net	108.5M	131.5M	111.5M	78.3M	70.5M	85.1M
Current Deferred Revenue	10.0M	13.7M	32.1M	48.1M	55.3M	58.1M
Net Debt	1.6M	734.9M	851.3M	560.7M	644.8M	478.3M
Cash	162.8M	135.7M	185.7M	211.6M	243.4M	170.6M
Non Current Assets Total	150.5M	911.4M	1.9B	1.8B	2.1B	1.1B
Non Currrent Assets Other	5.6M	6.1M	48.6M	56.6M	65.1M	68.4M
Long Term Debt	13.9M	624.3M	742.9M	753.7M	866.8M	470.7M
Cash And Short Term Investments	162.8M	934.5M	282.0M	214.8M	247.0M	368.2M
Short Term Investments	103.2M	798.8M	96.3M	3.2M	2.8M	2.7M
Liabilities And Stockholders Equity	585.1M	2.4B	3.0B	2.7B	3.1B	2.0B
Non Current Liabilities Total	75.6M	724.1M	933.4M	850.4M	977.9M	583.8M
Inventory	8.8M	896K	30.8M	1.0	1.15	1.09
Total Liab	386.6M	1.3B	1.7B	1.3B	1.5B	1.1B
Net Invested Capital	287.7M	1.9B	2.3B	2.3B	2.6B	1.5B
Property Plant And Equipment Gross	108.5M	131.5M	111.5M	210.2M	241.7M	146.0M
Short Long Term Debt	75.4M	164.4M	231.3M	236.0M	271.4M	160.7M
Accumulated Other Comprehensive Income	129.5M	173.3M	392.0M	76.1M	87.5M	83.1M
Net Working Capital	123.6M	901.9M	325.4M	341.4M	392.6M	378.4M

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