CIT Group Balance Sheet - Annual (NYSE:CIT)

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$44.74 $0.03 (0.07%) CIT stock closing price Aug 18, 2017 (Closing)

The CIT Group balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. Financial strength can be guaged by performing CIT Group stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Whereas, CIT Group revenue was $3.09B and CIT Group operating cash flow was $2.37B for the same period. View latest and last 10 year balance sheet data to check CIT Group financial performance..

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Fiscal year is Jan - Dec.201620152014201320122011201020092008
Marketable Securities---37.4M8.4M42.9M25.7M44.1M139.4M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
CIT Group Total Current Assets
Property Plant & Equipment7.49B16.62B14.93B13.04B12.41B11.99B11.14B10.91B12.71B
Accumulated Depreciation---------
CIT Group Net Property Plant & Equipment
Investment & Advances4.49B2.95B1.55B2.63B1.07B1.25B---
Other Non-Current Assets13.22B500.5M------44.2M
Deferred Charges---------
Deposits & Other Assets2.22B5.9B3.35B6.08B2.21B3.91B3.58B3.92B4.97B
CIT Group Total Assets
Notes Payable---------
Accounts Payable32.3B32.78B15.85B12.53B9.68B6.19B4.54B5.22B3.06B
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses---------
Income Taxes Payable---------
Other Current Liabilities---86.9M81.9M74.9M126.3M41.9M127.4M
CIT Group Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt14.94B18.54B18.46B21.75B21.96B26.29B33.98B43.26B63.75B
Non-Current Capital Leases---------
Other Long-Term Liabilities6.93B5.2B4.51B3.93B3.94B3.79B3.4B3.1B5.34B
CIT Group Total Liabilities
Minority Interest--------44.8M
Preferred Stock--------2.99B
Common Stock Net2.1M2M2M2M2M2M2M2M3.9M
Capital Surplus8.77B8.72B8.6B8.56B8.5B8.46B8.43B8.4B11.47B
Retained Earnings1.55B2.56B1.62B581M-74.6M532.1M498.3M--5.81B
Treasury Stock178.1M157.3M1.02B226M16.7M12.8M8.8M-315.9M
Other Liabilities-139.7M-141.6M-139.3M-62.4M-73M-89.6M-11.9M1.4M-205.6M
CIT Group Shareholders Equity
CIT Group Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest CIT Group stock price, and CIT Group historical stock prices show the stock price movement over time, and the CIT Group PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: CIT total assets, which was at $64.17B for 2016 is a balance sheet item representing value of what CIT Group owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. CIT stock had total liabilities of $54.17B for year 2016.

CIT Group Balance Sheet - Key Ratios

PB ratio (
price to book ratio