Cit Group Inc (CIT)
N/A x N/A N/A x N/A
Post-market by (Cboe BZX)
53.50 +2.16 (+4.21%) 01/03/22 [NYSE]
N/A x N/A N/A x N/A
Post-market 53.50 unch (unch) -
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2020 | 12-2019 | 12-2018 | 12-2017 | 12-2016 | |
| Cash Flows From Operating Activities | |||||
| Net Income | -615,300 | 529,900 | 447,100 | 468,200 | -848,000 |
| Depreciation Amortization | 846,600 | 353,400 | 350,000 | 597,000 | 1,010,500 |
| Income taxes - deferred | -95,800 | 115,100 | 118,300 | -39,700 | 978,500 |
| Other Working Capital | -298,700 | -223,000 | -143,600 | -636,400 | 827,200 |
| Other Operating Activity | 643,600 | 151,800 | 210,700 | 145,100 | 438,100 |
| Operating Cash Flow | $480,400 | $927,200 | $982,500 | $534,200 | $2,406,300 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -330,300 | 201,600 | 893,000 | 114,300 | -112,100 |
| Net Acquisitions | -720,100 | N/A | N/A | 10,026,000 | N/A |
| Purchase Of Investment | -5,851,300 | -13,153,800 | -3,020,900 | -7,803,800 | -4,940,900 |
| Sale Of Investment | 7,645,200 | 12,543,200 | 2,882,300 | 4,752,500 | 3,611,000 |
| Net Loans | 478,200 | -1,598,300 | -1,883,700 | -195,600 | 657,100 |
| Other Investing Activity | -32,600 | 60,100 | 1,173,100 | 170,900 | 276,800 |
| Investing Cash Flow | $1,189,100 | $-1,947,200 | $43,800 | $7,064,300 | $-508,100 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | N/A | N/A | N/A | 2,465,300 | N/A |
| Debt Issued | 2,207,500 | 2,694,300 | 4,608,900 | N/A | 2,426,600 |
| Debt Repayment | -3,129,100 | -4,365,100 | -5,395,900 | -9,601,900 | -4,977,800 |
| Common Stock Repurchased | 0 | -340,900 | -1,626,700 | -3,431,900 | N/A |
| Dividend Paid | -171,500 | -146,700 | -115,900 | -113,700 | -123,000 |
| Other Financing Activity | -199,800 | 168,400 | -92,100 | 328,200 | 162,100 |
| Financing Cash Flow | $-345,700 | $1,908,100 | $-942,100 | $-13,083,100 | $-2,971,200 |
| Exchange Rate Effect | 2,300 | 1,900 | -15,000 | 15,600 | -34,600 |
| Beginning Cash Position | 2,685,600 | 1,795,600 | 1,726,400 | 7,195,400 | 8,303,000 |
| End Cash Position | 4,011,700 | 2,685,600 | 1,795,600 | 1,726,400 | 7,195,400 |
| Net Cash Flow | $1,326,100 | $890,000 | $69,200 | $-5,469,000 | $-1,107,600 |
| Free Cash Flow | |||||
| Operating Cash Flow | 480,400 | 927,200 | 982,500 | 534,200 | 2,406,300 |
| Capital Expenditure | -1,018,600 | -807,900 | -655,600 | -793,300 | -1,866,800 |
| Free Cash Flow | -538,200 | 119,300 | 326,900 | -259,100 | 539,500 |