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TheStreet Open House

CIT Group Inc (CIT)

NYSE: Financial

Company Cash Flow
Dec 2013 Dec 2012 Dec 2011 Dec 2010
Cash Flow From Operating Activities
Net Income (Loss) 675.70M -592.30M 26.70M 516.80M
Operating Gains/Losses n.a. n.a. n.a. n.a.
Extraordinary Gains / Losses n.a. n.a. n.a. n.a.
(Increase) Decrease In Receivables n.a. n.a. n.a. n.a.
(Increase) Decrease in Inventories n.a. n.a. n.a. n.a.
(Increase) Decrease In Other Current Assets 153.70M -54.90M 584.60M 32.80M
(Decrease) Increase In Payables n.a. n.a. n.a. n.a.
(Decrease) Increase In Other Current Liabilities -18.10M -86.60M -440.80M 252.30M
(Increase) Decrease In Other Working Capital n.a. n.a. n.a. n.a.
Other Non-Cash Items 583.20M 1.61B 629.00M -314.00M
Net Cash From Continuing Operations n.a. n.a. n.a. n.a.
Net Cash From Discontinued Operations n.a. n.a. n.a. n.a.
Cash Provided By Investing Activities
Net Cash From Total Operating Activities 1.45B 908.50M 856.00M 586.50M
Sale of Property, Plant & Equipment n.a. n.a. n.a. n.a.
Cash Used for Investing Activities
Sale of Short-Term Investments 15.08B 16.58B 14.09B 31.13B
Purchases of Property, Plant & Equipment -2.07B -1.78B -2.14B -1.29B
Acquisitions 0.00 0.00 0.00 0.00
Purchases of Short-Term Investments -16.54B -16.32B -14.97B -19.05B
Other Cash from Investing Activities -825.10M 2.01B 7.29B -606.00M
Cash Provided by Financing Activities
Net Cash From Investing Activities -4.35B 490.90M 4.27B 10.19B
Issuance of Debt 2.11B 14.09B 6.68B 3.68B
Cash Used for Financing Activities
Issuance of Capital Stock 0.00 0.00 0.00 0.00
Repayment of Long-Term Debt -2.45B -19.54B -15.62B -13.03B
Repurchase of Capital Stock -193.40M 0.00 0.00 0.00
Payment of Cash Dividends -20.10M 0.00 0.00 0.00
Other Financing Charges, Net 2.89B 3.13B 1.74B -1.18B
Net Cash From Financing Activities 2.34B -2.33B -7.21B -10.53B
Effect of Exchange Rate Changes 0.00 0.00 0.00 0.00
Net Change in Cash & Cash Equivalents -555.10M -929.50M -2.08B 245.00M
CIT News

Analysts Ratings for CIT

Rating Current 1-Mo Ago 2-Mo Ago 3-Mo Ago
Strong Buy 8 8 8 8
Moderate Buy 1 1 1 0
Hold 2 2 3 4
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 0
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