CiT Fixed Asset Turnover from 2010 to 2024

CINT Stock  USD 6.77  0.06  0.88%   
CiT Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 22.10 in 2024. From the period from 2010 to 2024, CiT Fixed Asset Turnover quarterly data regression had r-value of (0.21) and coefficient of variation of  35.74. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
28.53212228
Current Value
22.1
Quarterly Volatility
7.37225454
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of CiT Inc over the last few years. It is CiT's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

CiT Fixed Asset Turnover Regression Statistics

Arithmetic Mean20.63
Geometric Mean19.03
Coefficient Of Variation35.74
Mean Deviation5.55
Median20.20
Standard Deviation7.37
Sample Variance54.35
Range24.1767
R-Value(0.21)
Mean Square Error56.01
R-Squared0.04
Significance0.46
Slope(0.34)
Total Sum of Squares760.90

CiT Fixed Asset Turnover History

2024 22.1
2023 28.53
2022 19.63
2021 10.98
2020 8.81
2019 6.65
2018 29.89

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as Fixed Asset Turnover, 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
Fixed Asset Turnover 28.53  22.10 

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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.