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Cit Group Inc   (CIT)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

Cumulative Cit Group Inc 's Total Debt to Equity for Trailing Twelve Months Period

CIT's Total Debt to Equity for Trailing Twelve Months Period and Total Debt, Equity growth


Select the Comparisons : Select the Ratio:

CIT Total Debt to Equity for Trailing Twelve Months Period

(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Equity Growth 7.12 % 5.17 % -0.77 % -9.72 % -4.47 %
Y / Y Total Debt Growth -41.69 % -44.14 % -40.21 % -9.83 % 13.41 %
Total Debt to Equity for Trailing Twelve Months Period 0.81 0.95 1.11 1.25 1.24
Total Ranking # 2303 # 2508 # 2770 # 2706 # 2664
Seq. Equity Growth 2.3 % 3.78 % 1.62 % -0.71 % 0.43 %
Seq. Total Debt Growth 0.08 % -12.31 % -17.09 % -19.87 % -4.12 %


Total Debt to Equity for Trailing Twelve Months Period Comment for 12 Months ending at Sep 30 2021
On the trailing twelve months basis Despite net new borrowings of 0.08% Cit Group Inc managed to decrease Total Debt to Equity for Trailing Twelve Months Period in III. Quarter to 0.81, a new company low.
Total Debt to Equity for Trailing Twelve Months Period is the average cumulative value over the last four quarters.

Among companies in Commercial Banks industry 72 other companies have achieved lower Total Debt to Equity for Trailing Twelve Months Period than Cit Group Inc . While total ranking remained unchanged compare to previous quarter at no. .

What is Debt to Equity Ratio?
CIT Charts and Quotes
Total Debt to Equity CIT in the most recent quarter
Total Debt to Equity for Trailing Twelve Months Period Company Ranking
Within: No.
Industry # 73
Sector # 502
S&P 500 # 2116


Total Debt to Equity for Trailing Twelve Months Period Statistics
High Average Low
11.12 4.25 0.81
(Sep. 30, 2008)   (Sep 30 2021)




Companies with similar average Total Debt to Equity for Trailing Twelve Months Period for 12 months ending Sep 30 2021, within Commercial Banks Industry Total Debt to Equity for Trailing Twelve Months Period
Santander Holdings Usa Inc   2.03 
Citigroup inc  1.50 
Riverview Financial Corporation  1.36 
Hsbc Usa Inc   1.34 
Wells Fargo and Company  1.29 
Jpmorgan Chase and Co  1.20 
Hawthorn Bancshares Inc   1.14 
First Bancorp Inc  1.10 
Wafd Inc   1.06 
First United Corporation  1.06 
Bank Of America Corporation  1.05 
Us Bancorp De  0.98 
Optimumbank Holdings Inc   0.94 
Cit Group Inc   0.91 
Mufg Americas Holdings Corporation  0.87 
Pnc Financial Services Group Inc  0.86 
First Financial Ban corp   0.85 
Banc Of California Inc   0.84 
Meridian Bancorp Inc   0.81 
Keycorp  0.78 
Meridian Corp  0.74 
First Of Long Island Corp  0.73 
First Midwest Bancorp Inc   0.65 
Truist Financial Corporation  0.65 
Capital one financial corp  0.64 
Simmons First National Corp  0.58 
Fnb Corp  0.56 
Comerica Incorporated  0.54 
Community Ban corp   0.53 
First Merchants Corporation  0.52 




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