CiT Historical Income Statement

CINT Stock

USD 6.77 0.06 0.88%

Historical analysis of CiT income statement accounts such as Other Operating Expenses of 2 B, EBIT of 307.5 M or Net Income Applicable To Common Shares of 152 M can show how well CiT Inc performed in making a profits. Evaluating CiT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CiT's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

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.

Net Income Gross Profit

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.

About CiT Income Statement Analysis

CiT Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CiT shareholders. The income statement also shows CiT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CiT Income Statement Chart

At this time, CiT's Interest Expense is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 2 B in 2024, despite the fact that Net Interest Income is likely to grow to (83.8 M).

Other Operating Expenses Income Tax Expense Tax Provision Selling General Administrative Research Development Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CiT Inc. It is also known as CiT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from CiT's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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.

	2021	2022	2023	2024 (projected)
EBIT	240.1M	274.1M	292.8M	307.5M
Other Operating Expenses	1.2B	1.9B	1.9B	2.0B

Ebit Other Operating Expenses

CiT income statement Correlations

	Other Operating Expenses	Ebit	Income Tax Expense	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income
Other Operating Expenses		0.96	0.83	0.91	-0.95	0.47	0.92	0.91	0.94	0.95	0.95	0.92	0.91	-0.89	0.96	0.94	0.91	0.92	0.91	-0.97	0.84
Ebit	0.96		0.92	0.95	-0.88	0.39	0.85	0.82	0.87	0.9	0.91	0.89	0.95	-0.94	0.95	0.89	0.83	0.85	0.95	-0.9	0.91
Income Tax Expense	0.83	0.92		0.93	-0.69	0.4	0.76	0.73	0.79	0.82	0.84	0.84	0.92	-0.94	0.89	0.81	0.74	0.76	0.93	-0.75	0.9
Tax Provision	0.91	0.95	0.93		-0.82	0.38	0.81	0.79	0.85	0.89	0.9	0.89	0.99	-1.0	0.95	0.88	0.79	0.81	0.99	-0.85	0.96
Net Interest Income	-0.95	-0.88	-0.69	-0.82		-0.45	-0.95	-0.95	-0.96	-0.96	-0.95	-0.87	-0.81	0.79	-0.93	-0.96	-0.95	-0.95	-0.81	0.99	-0.74
Interest Income	0.47	0.39	0.4	0.38	-0.45		0.62	0.66	0.58	0.57	0.58	0.73	0.37	-0.4	0.5	0.56	0.65	0.62	0.37	-0.52	0.16
Depreciation And Amortization	0.92	0.85	0.76	0.81	-0.95	0.62		1.0	1.0	0.99	0.98	0.93	0.81	-0.8	0.95	0.99	1.0	1.0	0.81	-0.97	0.71
Selling General Administrative	0.91	0.82	0.73	0.79	-0.95	0.66	1.0		0.99	0.98	0.97	0.92	0.77	-0.77	0.93	0.98	1.0	1.0	0.78	-0.96	0.66
Selling And Marketing Expenses	0.94	0.87	0.79	0.85	-0.96	0.58	1.0	0.99		1.0	0.99	0.93	0.84	-0.83	0.97	1.0	0.99	1.0	0.85	-0.97	0.76
Total Revenue	0.95	0.9	0.82	0.89	-0.96	0.57	0.99	0.98	1.0		1.0	0.94	0.87	-0.87	0.98	1.0	0.98	0.99	0.88	-0.98	0.79
Gross Profit	0.95	0.91	0.84	0.9	-0.95	0.58	0.98	0.97	0.99	1.0		0.96	0.89	-0.89	0.99	1.0	0.98	0.98	0.9	-0.97	0.81
Operating Income	0.92	0.89	0.84	0.89	-0.87	0.73	0.93	0.92	0.93	0.94	0.96		0.89	-0.89	0.95	0.93	0.92	0.92	0.89	-0.92	0.77
Net Income From Continuing Ops	0.91	0.95	0.92	0.99	-0.81	0.37	0.81	0.77	0.84	0.87	0.89	0.89		-0.99	0.95	0.86	0.78	0.8	1.0	-0.85	0.98
Research Development	-0.89	-0.94	-0.94	-1.0	0.79	-0.4	-0.8	-0.77	-0.83	-0.87	-0.89	-0.89	-0.99		-0.95	-0.86	-0.78	-0.8	-0.99	0.83	-0.96
Ebitda	0.96	0.95	0.89	0.95	-0.93	0.5	0.95	0.93	0.97	0.98	0.99	0.95	0.95	-0.95		0.98	0.93	0.95	0.96	-0.95	0.89
Cost Of Revenue	0.94	0.89	0.81	0.88	-0.96	0.56	0.99	0.98	1.0	1.0	1.0	0.93	0.86	-0.86	0.98		0.99	0.99	0.87	-0.98	0.78
Total Operating Expenses	0.91	0.83	0.74	0.79	-0.95	0.65	1.0	1.0	0.99	0.98	0.98	0.92	0.78	-0.78	0.93	0.99		1.0	0.79	-0.96	0.67
Reconciled Depreciation	0.92	0.85	0.76	0.81	-0.95	0.62	1.0	1.0	1.0	0.99	0.98	0.92	0.8	-0.8	0.95	0.99	1.0		0.81	-0.97	0.71
Income Before Tax	0.91	0.95	0.93	0.99	-0.81	0.37	0.81	0.78	0.85	0.88	0.9	0.89	1.0	-0.99	0.96	0.87	0.79	0.81		-0.86	0.97
Total Other Income Expense Net	-0.97	-0.9	-0.75	-0.85	0.99	-0.52	-0.97	-0.96	-0.97	-0.98	-0.97	-0.92	-0.85	0.83	-0.95	-0.98	-0.96	-0.97	-0.86		-0.77
Net Income	0.84	0.91	0.9	0.96	-0.74	0.16	0.71	0.66	0.76	0.79	0.81	0.77	0.98	-0.96	0.89	0.78	0.67	0.71	0.97	-0.77

Click cells to compare fundamentals

CiT Account Relationship Matchups

CiT income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	8.1M	10.3M	29.7M	246.6M	83.5M	87.7M
Other Operating Expenses	587.1M	748.1M	1.2B	1.9B	1.9B	2.0B
Ebit	91.7M	203.1M	240.1M	274.1M	292.8M	307.5M
Net Income Applicable To Common Shares	56.5M	127.7M	126.0M	125.9M	144.8M	152.0M
Income Tax Expense	29.2M	65.1M	84.4M	74.4M	76.7M	41.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CiT Historical Income Statement

About CiT Income Statement Analysis

CiT Income Statement Chart

Other Operating Expenses

Tax Provision

CiT income statement Correlations

CiT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CiT income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for CiT Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Selling General Administrative	+ 1.0	Depreciation And Amortization
Selling And Marketing Expenses	+ 1.0	Depreciation And Amortization
Total Operating Expenses	+ 1.0	Depreciation And Amortization
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Total Operating Expenses	+ 1.0	Selling General Administrative
Reconciled Depreciation	+ 1.0	Selling General Administrative

Research Development	- 1.0	Tax Provision
Income Before Tax	- 0.99	Research Development
Research Development	- 0.99	Net Income From Continuing Ops
Total Other Income Expense Net	- 0.98	Cost Of Revenue
Total Other Income Expense Net	- 0.98	Total Revenue
Total Other Income Expense Net	- 0.97	Reconciled Depreciation