CIT Group Inc (CIT) Financials

$0.00

$-- (--%)

As on 19-Jan-2022EDT

Market cap

$5,306 Mln

Revenue (TTM)

$2,388 Mln

P/E Ratio

7.8

P/B Ratio

0.9

Div. Yield

2.6 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Operating Revenue	2,388.10	2,399.20	2,337.70	2,458.10	2,477.90	2,326.00
Cost of Revenue	--	--	--	1,907.90	1,821.60	2,024.80
Gross Profit	2,493.80	1,616.00	2,226.90	2,270.80	2,493.50	2,145.80
Operating Expenses	520.31	1,309.00	2,666.00	2,636.00	3,016.00	3,073.00
Operating Profit (EBIT)	375.62	810.00	623.90	620.70	310.20	46.50
Other Income	--	--	--	--	--	--
Profit before Tax	602.60	-703.40	623.90	637.00	191.60	20.90
Provision for Tax	183.00	-88.10	94.50	164.90	-67.80	203.50
Profit after Tax (Net Income)	419.60	-615.30	529.90	447.10	468.20	-848.00
Minority Interest	--	--	--	--	--	0.40
Consolidated Profit	684.70	-646.40	511.00	428.20	458.40	-848.00

Liabilities ($ Mln)	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Shareholder's Funds	6,174.60	5,722.90	6,339.00	5,946.60	7,320.00	10,002.70
Minority Interest	--	--	--	--	--	0.40
Non-Current Liabilities	8,008.10	9,312.10	4,809.10	4,517.90	5,052.60	10,218.00
Current Liabilities	42,597.00	43,071.60	39,684.70	38,072.90	36,906.10	43,949.50
Total Liabilities	97,017.00	58,106.60	50,832.80	48,537.40	49,278.70	64,170.20

Assets ($ Mln)	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Non-Current Assets	17,220.60	54,119.50	369.00	41,367.30	40,742.70	52,953.50
Current Assets	4,794.30	4,011.00	50,463.80	7,170.10	8,536.00	11,216.70
Total Assets	59,214.30	58,106.60	50,832.80	48,537.40	49,278.70	64,170.20
Total Debt*	4,536.00	6,087.20	6,716.00	8,118.80	10,941.00	31,232.00
Net Current Assets	--	--	--	--	--	--

Cashflow ($ Mln)	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Cash From Operating Activities	--	480.40	927.20	982.50	519.80	2,366.90
Cash Flow from Investing Activities	--	1,189.10	-1,947.20	43.80	7,755.20	-498.90
Cash from Financing Activities	--	-345.70	1,908.10	-942.10	-13,071.80	-2,928.80
Net Cash Inflow / Outflow	--	1,323.80	888.10	84.20	-4,781.20	-1,095.40

Financials Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Adjusted EPS ($)	4.20	-6.28	5.46	3.76	2.85	-4.20
Cash EPS ($)	--	-2.94	8.64	6.37	5.25	-4.20
Adjusted Book Value ($)	--	58.40	65.35	49.97	44.63	49.52
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	4.90	9.56	8.26	3.17	11.72
Free Cash Flow per Share ($)	--	-5.49	1.23	2.75	-1.67	2.48

Profitability Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
ROCE (%)	--	-4.95	3.91	2.77	1.57	-1.92
ROE (%)	7.05	-10.20	8.63	6.74	5.41	-8.08
ROA (%)	0.49	-1.13	1.07	0.91	0.83	-1.29
EBIT Margin (%)	38.37	1.25	67.43	58.06	45.12	0.90
Net Margin (%)	17.57	-25.65	22.67	18.19	18.90	-36.46
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Revenue Growth (%)	1.22	0.03	-0.05	-0.01	0.07	-0.15
EBIT Growth (%)	642.84	-98.10	10.46	27.64	5,249.76	-96.39
Net Profit Growth (%)	185.06	-216.12	18.52	-4.51	155.21	-180.26
EPS Growth (%)	183.49	-2.15	0.45	0.32	1.68	-1.80
Book Value Growth (%)	6.05	--	--	--	--	--

Valuation Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Price / Earnings	7.78	-5.72	8.35	10.19	17.24	-10.17
Price / Book Value	0.86	0.61	0.70	0.77	1.10	0.86
Dividend Yield (%)	2.62	--	--	--	--	--
EV/EBITDA	--	-2.65	3.93	5.95	11.91	--
Close Price ($)	51.95	35.90	45.63	38.27	49.23	42.68
High Price ($)	56.62	48.96	54.02	56.14	51.73	43.96
Low Price ($)	17.67	12.02	37.56	35.50	39.48	25.19
Market Cap ($ Cr)	5,305.58	--	--	--	--	--

Solvency Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Debt to Equity	0.69	1.06	1.06	1.37	1.49	3.12
Short term debt to equity ratio	--	--	--	--	0.19	1.63
Current Ratio	0.11	0.09	1.27	0.19	0.23	0.26
Quick Ratio	0.11	0.09	1.27	0.19	0.23	0.25
Interest Coverage	2.23	--	--	--	--	--

Operating Efficiency Ratios	TTM	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11
Debtors to sales (%)	96.10	106.41	7.79	7.89	18.02	29.63
Asset Turnover	0.03	0.04	0.05	0.05	0.04	0.04
Receivable days	--	208.19	29.38	47.59	83.71	202.39
Inventory Days	--	--	--	8.39	12.76	17.70
Payable days	--	--	--	17.07	26.85	2,971.23
Cash Conversion Cycle	--	--	--	38.90	69.62	-2,751.14

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.