CiT Tax Provision from 2010 to 2024

CINT Stock  USD 6.77  0.06  0.88%   
CiT Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 72.6 M in 2024. Tax Provision is the amount set aside by CiT Inc to cover any estimated taxes for the current period. It reflects CiT's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
76.7 M
Current Value
72.6 M
Quarterly Volatility
22.5 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of CiT Inc over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. CiT's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

CiT Tax Provision Regression Statistics

Arithmetic Mean44,359,281
Geometric Mean39,895,677
Coefficient Of Variation50.66
Mean Deviation20,187,042
Median29,219,000
Standard Deviation22,474,513
Sample Variance505.1T
Range55.2M
R-Value0.81
Mean Square Error185.2T
R-Squared0.66
Significance0.0002
Slope4,081,023
Total Sum of Squares7071.5T

CiT Tax Provision History

202472.6 M
202376.7 M
202274.4 M
202184.4 M
202065.1 M

About CiT Financial Statements

CiT shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax Provision76.7 M72.6 M

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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.