CiT Historical Balance Sheet
CINT Stock | USD 6.96 0.06 0.87% |
Trend analysis of CiT Inc balance sheet accounts such as Total Current Liabilities of 292.8 M, Other Liabilities of 180.1 M or Retained Earnings of 427.7 M provides information on CiT's total assets, liabilities, and equity, which is the actual value of CiT Inc to its prevalent stockholders. By breaking down trends over time using CiT balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining CiT Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CiT Inc is a good buy for the upcoming year.
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About CiT Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of CiT Inc at a specified time, usually calculated after every quarter, six months, or one year. CiT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CiT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CiT currently owns. An asset can also be divided into two categories, current and non-current.
CiT Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on CiT balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CiT Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most accounts from CiT's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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. At this time, CiT's Current Deferred Revenue is comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 68.4 M in 2025, despite the fact that Net Tangible Assets are likely to grow to (352.9 M).
2022 | 2023 | 2024 | 2025 (projected) | Total Current Liabilities | 755.2M | 455.3M | 523.6M | 292.8M | Other Current Liabilities | 523.2M | 194.0M | 223.1M | 156.3M |
CiT balance sheet Correlations
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CiT balance sheet 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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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.