Cintas Balance Sheet Health
Financial Health criteria checks 5/6
Cintas has a total shareholder equity of $4.6B and total debt of $2.5B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are $9.6B and $5.0B respectively. Cintas's EBIT is $2.3B making its interest coverage ratio 24.6. It has cash and short-term investments of $243.4M.
Key information
53.95%
Debt to equity ratio
US$2.48b
Debt
| Interest coverage ratio | 24.6x |
| Cash | US$243.43m |
| Equity | US$4.59b |
| Total liabilities | US$5.02b |
| Total assets | US$9.61b |
Recent financial health updates
These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Safely
Feb 24
We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Nov 07Is Cintas (NASDAQ:CTAS) Using Too Much Debt?
Jun 27Recent updates
Is Cintas Corporation (NASDAQ:CTAS) Potentially Undervalued?
Apr 29Cintas: Still Bullish On This Powerhouse
Mar 26Cintas Corporation's (NASDAQ:CTAS) Price Is Out Of Tune With Earnings
Mar 10Cintas: Bumps Along The Consolidation Ride
Feb 27These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Safely
Feb 24Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention?
Feb 10Cintas Corporation (NASDAQ:CTAS) Shares Could Be 28% Above Their Intrinsic Value Estimate
Jan 02Cintas: Share Price Upside Is Still Not Attractive Enough
Dec 31Cintas: Massive Pullback Opens Up Long-Term Opportunity
Dec 19Cintas (NASDAQ:CTAS) Is Achieving High Returns On Its Capital
Dec 18Cintas: U.S. Trade Policy Impacts Are Uncertain, While Stock Appears Fully Valued
Nov 27What Does Cintas Corporation's (NASDAQ:CTAS) Share Price Indicate?
Nov 20We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Nov 07Investor Optimism Abounds Cintas Corporation (NASDAQ:CTAS) But Growth Is Lacking
Oct 24If EPS Growth Is Important To You, Cintas (NASDAQ:CTAS) Presents An Opportunity
Oct 09Cintas: It Just Keeps Growing
Sep 25Cintas: Own It, Don't Trade It, Or Chase It
Sep 17Returns On Capital Are A Standout For Cintas (NASDAQ:CTAS)
Sep 02Is Cintas Corporation (NASDAQ:CTAS) Potentially Undervalued?
Aug 22Cintas (NASDAQ:CTAS) Is Increasing Its Dividend To $1.56
Aug 01Is Cintas (NASDAQ:CTAS) Using Too Much Debt?
Jun 27Cintas Corporation (NASDAQ:CTAS) Shares Could Be 31% Above Their Intrinsic Value Estimate
Jun 14Cintas: Economic Profit Is Underappreciated, Not As Pricey As It Appears
Jun 13Cintas: More Dangerous Overvaluation
Jun 07Should You Be Adding Cintas (NASDAQ:CTAS) To Your Watchlist Today?
Jun 02We Think Cintas (NASDAQ:CTAS) Might Have The DNA Of A Multi-Bagger
May 21Cintas Corporation: Shares Have Risen Too High (Rating Downgrade)
Mar 28Cintas Corporation: I Am Still Positive
Jan 13Financial Position Analysis
Short Term Liabilities: CTAS's short term assets ($3.3B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: CTAS's short term assets ($3.3B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: CTAS's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: CTAS's debt to equity ratio has reduced from 85.9% to 53.9% over the past 5 years.
Debt Coverage: CTAS's debt is well covered by operating cash flow (89.7%).
Interest Coverage: CTAS's interest payments on its debt are well covered by EBIT (24.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 10:47 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cintas Corporation is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Gary Bisbee | Barclays |
| Manav Patnaik | Barclays |