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CIT Group Inc (NYSE:CIT)
Net Issuance of Debt
$-338 Mil (TTM As of Dec. 2013)

Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive. CIT Group Inc's net issuance of debt for the three months ended in Dec. 2013 was $393 Mil. Its net issuance of debt for the trailing twelve months (TTM) ended in Dec. 2013 was $-338 Mil.


Definition

This is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

CIT Group Inc Net Issuance of Debt for the trailing twelve months (TTM) ended in Dec. 2013 was -329.9 (Mar. 2013 ) + -781.5 (Jun. 2013 ) + 380.4 (Sep. 2013 ) + 392.8 (Dec. 2013 ) = $-338 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Cash from Financing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

CIT Group Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Debt 3,8515,12011,28110,682-3,183-6,757-10,006-8,391-6,018-338

CIT Group Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Debt -3,959-1,104-1,757-1,946-1,127-1,189-330-782380393
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