CiT Return On Tangible Assets from 2010 to 2024

CINT Stock  USD 6.68  0.02  0.30%   
CiT Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.10 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.12661863
Current Value
0.1
Quarterly Volatility
0.06720511
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of CiT Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. CiT's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

CiT Return On Tangible Assets Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.10
Coefficient Of Variation55.71
Mean Deviation0.06
Median0.10
Standard Deviation0.07
Sample Variance0
Range0.1842
R-Value0.29
Mean Square Error0
R-Squared0.08
Significance0.29
Slope0
Total Sum of Squares0.06

CiT Return On Tangible Assets History

2023 0.13
2022 0.075
2021 0.0776
2020 0.23
2018 0.22
2017 0.15
2016 0.1

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as Return On Tangible Assets, 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
Return On Tangible Assets 0.13  0.10 

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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.