ITT Historical Balance Sheet

ITT Stock  USD 158.71  0.91  0.57%   
Trend analysis of ITT Inc balance sheet accounts such as Other Current Liabilities of 217.8 M or Total Current Liabilities of 1.6 B provides information on ITT's total assets, liabilities, and equity, which is the actual value of ITT Inc to its prevalent stockholders. By breaking down trends over time using ITT balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining ITT Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ITT Inc is a good buy for the upcoming year.

ITT Inventory

457.98 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT 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 estimate.

About ITT Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ITT Inc at a specified time, usually calculated after every quarter, six months, or one year. ITT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ITT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ITT currently owns. An asset can also be divided into two categories, current and non-current.

ITT Balance Sheet Chart

At this time, ITT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 B in 2024.

Total Assets

Total assets refers to the total amount of ITT assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ITT Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on ITT balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ITT Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from ITT's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ITT Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT 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 estimate.
At this time, ITT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total207.5M517.6M285.2M270.9M
Total Assets3.6B3.8B3.9B7.1B

ITT balance sheet Correlations

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ITT Account Relationship Matchups

ITT balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.3B3.6B3.8B3.9B7.1B
Short Long Term Debt Total99.4M119.8M207.5M517.6M285.2M270.9M
Other Current Liab356.2M383.7M288.2M195.1M229.3M217.8M
Total Current Liabilities849.7M871M928.3M1.2B1.0B1.6B
Total Stockholder Equity2.1B2.1B2.2B2.2B2.5B2.2B
Property Plant And Equipment Net531.5M525.1M509.1M526.8M648.4M803.8M
Net Debt(525.6M)(753M)(449.9M)(43.6M)(204M)(193.8M)
Retained Earnings2.4B2.3B2.5B2.5B2.8B2.5B
Cash561.2M612.1M859.8M647.5M489.2M619.4M
Non Current Assets Total2.4B2.4B1.8B1.9B2.1B3.3B
Non Currrent Assets Other626.3M614M246.3M241.5M163.1M154.9M
Cash And Short Term Investments561.2M612.1M859.8M647.5M489.2M620.8M
Net Receivables578.4M507.5M555.1M655.1M701M1.2B
Common Stock Total Equity87.8M86.5M85.5M82.7M74.4M89.7M
Common Stock Shares Outstanding88.6M87.3M86.5M83.7M82.7M76.4M
Liabilities And Stockholders Equity4.1B4.3B3.6B3.8B3.9B7.1B
Non Current Liabilities Total1.2B1.3B406.4M337.4M355.7M337.9M
Inventory392.9M360.5M430.9M533.9M575.4M458.0M
Other Current Assets153.4M189.5M88.6M86.6M92.1M87.5M
Other Stockholder Equity2.6M1.1M88M(344.3M)82.1M78.0M
Total Liab2.0B2.1B1.3B1.5B1.4B1.3B
Property Plant And Equipment Gross623.2M612.4M1.7B1.8B1.9B2.0B
Total Current Assets1.7B1.9B1.7B1.8B1.9B1.8B
Accumulated Other Comprehensive Income(385.3M)(279.4M)(321.3M)(344.3M)(331.9M)(348.5M)
Common Stock87.8M86.5M85.5M82.7M82.1M88.8M
Accounts Payable332.4M306.8M373.4M401.1M437M477.3M
Short Term Debt86.5M106.8M197.6M470M207.2M404.7M
Intangible Assets138M106.4M85.7M112.8M124.5M118.3M
Other Liab1.1B1.3B406.4M270.8M243.7M231.5M
Other Assets642.6M785M324.2M339.1M1.00.95
Long Term Debt12.9M13M9.9M7.7M5.7M5.4M
Good Will927.2M944.8M924.3M964.8M1.0B1.3B
Property Plant Equipment531.5M525.1M509.1M526.8M474.1M552.5M
Current Deferred Revenue74.6M73.7M69.1M92.2M133.6M126.9M
Net Tangible Assets1.0B1.1B1.2B1.2B1.3B1.4B
Noncontrolling Interest In Consolidated Entity2.9M1.5M4.9M9.3M10.7M11.2M
Retained Earnings Total Equity2.4B2.3B2.5B2.5B2.3B1.8B
Long Term Debt Total12.9M13M9.9M7.7M6.9M6.6M
Non Current Liabilities Other1.2B1.3B206.5M200.2M24M22.8M

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