Cit Inc Stock Gross Profit

CINT Stock  USD 6.82  0.02  0.29%   
CiT Inc fundamentals help investors to digest information that contributes to CiT's financial success or failures. It also enables traders to predict the movement of CiT Stock. The fundamental analysis module provides a way to measure CiT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CiT stock.
Last ReportedProjected for Next Year
Gross Profit745.7 M572.1 M
Gross Profit Margin 0.33  0.24 
Gross Profit is likely to drop to about 572.1 M in 2024. Gross Profit Margin is likely to drop to 0.24 in 2024.
  
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CiT Inc Company Gross Profit Analysis

CiT's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current CiT Gross Profit

    
  762.49 M  
Most of CiT's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CiT Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CiT Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for CiT is extremely important. It helps to project a fair market value of CiT Stock properly, considering its historical fundamentals such as Gross Profit. Since CiT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CiT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CiT's interrelated accounts and indicators.
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CiT Gross Profit Historical Pattern

Today, most investors in CiT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CiT's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CiT gross profit as a starting point in their analysis.
   CiT Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, CiT Inc reported 762.49 M of gross profit. This is 99.22% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The gross profit for all United States stocks is 97.21% higher than that of the company.

CiT Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CiT's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CiT could also be used in its relative valuation, which is a method of valuing CiT by comparing valuation metrics of similar companies.
CiT is currently under evaluation in gross profit category among its peers.

CiT Current Valuation Drivers

We derive many important indicators used in calculating different scores of CiT from analyzing CiT's financial statements. These drivers represent accounts that assess CiT's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CiT's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.6B12.4B8.1B4.6B3.6B5.8B
Enterprise Value9.7B12.4B8.8B5.4B4.1B6.0B

CiT ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CiT's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CiT's managers, analysts, and investors.
Environmental
Governance
Social

CiT Fundamentals

About CiT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CiT Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CiT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CiT Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.