CIT Group Balance Sheet - Quarterly (NYSE:CIT)

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

The financial analysis of a company like CIT Group involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our CIT Group stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results are typically accompanied with the company releasing financial statements. CIT Group revenue was $814M and CIT Group operating cash flow was $222.3M for 2017-Q2. The balance sheet shows total liabilities of $43.13B and shareholders equity of $7.35B. View CIT Group quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Cash5.34B6.16B6.43B7.43B8.1B8.14B8.3B8.36B6.22B6.76B
Marketable Securities----------
Receivables28.81B29.45B29.5B30.06B30.63B31.56B31.85B32.6B19.84B19.61B
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
CIT Group Total Current Assets
34.15B35.61B35.93B37.49B38.73B39.7B40.15B40.96B26.05B26.37B
Property Plant & Equipment--7.49B---16.62B---
Accumulated Depreciation----------
CIT Group Net Property Plant & Equipment
6.74B7.52B7.49B16.95B16.86B16.67B16.62B15.54B15.11B14.89B
Investment & Advances5.53B4.48B4.49B3.59B3.23B2.9B2.95B3.62B1.69B1.35B
Other Non-Current Assets630.9M12.72B13.22B452.9M469.1M489.5M500.5M513.8M--
Deferred Charges----------
Intangibles750.9M820.4M826.1M1.33B1.34B1.37B1.37B1.34B565.9M563.6M
Deposits & Other Assets2.68B1.95B2.22B6.14B6.07B5.98B5.9B6.16B3.24B3.25B
CIT Group Total Assets
50.48B63.09B64.17B65.97B66.7B67.1B67.5B68.13B46.66B46.42B
Notes Payable----------
Accounts Payable30.93B32.34B32.3B32.85B32.88B32.89B32.78B32.33B17.27B16.76B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
CIT Group Total Current Liabilities
30.93B32.34B32.3B32.85B32.88B32.89B32.78B32.33B17.27B16.76B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt8.62B14.74B14.94B16.55B17.51B18.01B18.54B19.32B16.44B16.66B
Non-Current Capital Leases----------
Other Long-Term Liabilities3.58B5.86B6.93B5.33B5.19B5.07B5.2B5.68B4.14B4.24B
CIT Group Total Liabilities
43.13B52.93B54.17B54.73B55.58B55.97B56.52B57.33B37.85B37.66B
Minority Interest----------
Preferred Stock325M---------
Common Stock Net2.1M2.1M2.1M2.1M2.1M2.1M2M2M2M2M
Capital Surplus8.71B8.78B8.77B8.76B8.75B8.74B8.72B8.68B8.62B8.6B
Retained Earnings1.83B1.7B1.55B2.76B2.66B2.67B2.56B2.44B1.78B1.69B
Treasury Stock3.43B196.9M178.1M178M177M172M157.3M155.9M1.43B1.37B
Other Liabilities-88.1M-123.4M-139.7M-103.7M-107.2M-116.9M-141.6M-173.8M-158.3M-162.6M
CIT Group Shareholders Equity
7.35B10.17B10B11.24B11.12B11.13B10.98B10.8B8.81B8.76B
CIT Group Total Liabilities & Shareholders Equity
50.48B63.09B64.17B65.97B66.7B67.1B67.5B68.13B46.66B46.42B
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: Anything that the CIT Group company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. CIT Group had total assets of $50.48B.
  • Liabilities: This item on the balance sheet implies the firm's, in this case CIT Group's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for CIT stock stand at $43.13B.
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CIT Group Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
0.8180