CiT Ev To Free Cash Flow vs Free Cash Flow Analysis

CINT Stock  USD 6.82  0.02  0.29%   
CiT financial indicator trend analysis is way more than just evaluating CiT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CiT Inc is a good investment. Please check the relationship between CiT Ev To Free Cash Flow and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CiT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ev To Free Cash Flow vs Free Cash Flow

Ev To Free Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CiT Inc Ev To Free Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CiT's Ev To Free Cash Flow and Free Cash Flow is -0.31. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of CiT Inc, assuming nothing else is changed. The correlation between historical values of CiT's Ev To Free Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of CiT Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Ev To Free Cash Flow i.e., CiT's Ev To Free Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from CiT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CiT Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CiT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to gain to about 6 B in 2024, whereas Tax Provision is likely to drop slightly above 72.6 M in 2024.
 2021 2022 2023 2024 (projected)
EBIT240.1M274.1M292.8M307.5M
Other Operating Expenses1.2B1.9B1.9B2.0B

CiT fundamental ratios Correlations

0.970.65-0.440.630.660.20.840.560.70.82-0.240.780.830.850.80.260.470.840.760.810.620.80.520.80.15
0.970.7-0.390.710.810.080.90.660.790.93-0.340.840.910.930.890.250.540.910.830.870.650.890.660.860.13
0.650.7-0.850.970.5-0.560.920.930.940.63-0.610.720.880.840.89-0.430.860.810.860.920.990.870.370.920.75
-0.44-0.39-0.85-0.74-0.010.5-0.63-0.66-0.64-0.20.5-0.33-0.59-0.52-0.590.66-0.85-0.49-0.61-0.74-0.89-0.570.14-0.74-0.83
0.630.710.97-0.740.54-0.60.930.970.90.66-0.50.790.850.80.86-0.410.80.760.90.870.960.840.410.870.74
0.660.810.5-0.010.54-0.030.730.580.750.96-0.470.750.810.840.810.420.340.850.640.670.40.820.940.66-0.12
0.20.08-0.560.5-0.6-0.03-0.31-0.68-0.440.00.34-0.26-0.24-0.15-0.310.82-0.58-0.11-0.4-0.29-0.59-0.280.01-0.31-0.77
0.840.90.92-0.630.930.73-0.310.90.950.85-0.50.880.960.940.95-0.10.710.920.920.930.890.940.610.930.51
0.560.660.93-0.660.970.58-0.680.90.890.65-0.470.830.820.780.85-0.410.750.730.910.820.920.830.480.820.72
0.70.790.94-0.640.90.75-0.440.950.890.82-0.720.770.960.950.96-0.150.750.940.830.930.890.960.660.930.52
0.820.930.63-0.20.660.960.00.850.650.82-0.460.820.90.930.90.340.460.930.760.80.550.90.860.80.0
-0.24-0.34-0.610.5-0.5-0.470.34-0.5-0.47-0.72-0.46-0.13-0.65-0.65-0.650.09-0.56-0.67-0.37-0.64-0.57-0.67-0.46-0.64-0.29
0.780.840.72-0.330.790.75-0.260.880.830.770.82-0.130.790.790.790.010.480.750.850.720.680.780.650.720.35
0.830.910.88-0.590.850.81-0.240.960.820.960.9-0.650.790.991.00.00.740.980.880.970.831.00.670.970.35
0.850.930.84-0.520.80.84-0.150.940.780.950.93-0.650.790.990.980.110.661.00.840.940.780.980.730.940.28
0.80.890.89-0.590.860.81-0.310.950.850.960.9-0.650.791.00.98-0.050.780.960.890.970.841.00.660.970.37
0.260.25-0.430.66-0.410.420.82-0.1-0.41-0.150.340.090.010.00.11-0.05-0.590.16-0.2-0.16-0.51-0.020.53-0.18-0.82
0.470.540.86-0.850.80.34-0.580.710.750.750.46-0.560.480.740.660.78-0.590.630.730.860.870.760.090.870.62
0.840.910.81-0.490.760.85-0.110.920.730.940.93-0.670.750.981.00.960.160.630.790.930.740.980.750.920.23
0.760.830.86-0.610.90.64-0.40.920.910.830.76-0.370.850.880.840.89-0.20.730.790.880.850.860.470.880.51
0.810.870.92-0.740.870.67-0.290.930.820.930.8-0.640.720.970.940.97-0.160.860.930.880.890.970.481.00.46
0.620.650.99-0.890.960.4-0.590.890.920.890.55-0.570.680.830.780.84-0.510.870.740.850.890.820.270.890.81
0.80.890.87-0.570.840.82-0.280.940.830.960.9-0.670.781.00.981.0-0.020.760.980.860.970.820.680.970.34
0.520.660.370.140.410.940.010.610.480.660.86-0.460.650.670.730.660.530.090.750.470.480.270.680.48-0.16
0.80.860.92-0.740.870.66-0.310.930.820.930.8-0.640.720.970.940.97-0.180.870.920.881.00.890.970.480.46
0.150.130.75-0.830.74-0.12-0.770.510.720.520.0-0.290.350.350.280.37-0.820.620.230.510.460.810.34-0.160.46
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CiT Account Relationship Matchups

CiT fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab165.4M186.4M248.4M523.2M194.0M156.3M
Total Current Liabilities227.4M311.0M549.0M755.2M455.3M292.8M
Other Liab2.3M1.1M39.1M149.2M171.6M180.1M
Net Tangible Assets91.2M180.3M350.5M(412.7M)(371.4M)(352.9M)
Retained Earnings32.8M109.3M126.0M251.9M354.2M372.0M
Accounts Payable8.6M15.3M82.5M35.1M40.3M21.9M
Other Assets31.8M23.8M41.1M83.8M(126.9M)(120.6M)
Net Receivables167.1M250.0M485.5M718.9M619.6M650.5M
Other Current Assets5.7M24.8M30.9M36.7M77.8M81.7M
Other Stockholder Equity(32.8M)(109.3M)790.0M907.8M980.9M1.0B
Total Current Assets255.2M434.6M1.5B1.1B912.1M519.9M
Property Plant Equipment101.8M108.5M131.5M111.5M128.2M134.6M

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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.