Cintas Financial Health
Financial Health criteria checks 4/6
Cintas has a total shareholder equity of $3.6B and total debt of $2.7B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are $8.5B and $4.8B respectively. Cintas's EBIT is $1.7B making its interest coverage ratio 16.1. It has cash and short-term investments of $88.6M.
Key information
75.3%
Debt to equity ratio
US$2.74b
Debt
| Interest coverage ratio | 16.1x |
| Cash | US$88.56m |
| Equity | US$3.63b |
| Total liabilities | US$4.83b |
| Total assets | US$8.47b |
Recent financial health updates
Does Cintas (NASDAQ:CTAS) Have A Healthy Balance Sheet?
Mar 16
These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Safely
Oct 14Cintas (NASDAQ:CTAS) Could Easily Take On More Debt
Jul 04Does Cintas (NASDAQ:CTAS) Have A Healthy Balance Sheet?
Mar 29We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Dec 23These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Reasonably Well
Jun 02Recent updates
With EPS Growth And More, Cintas (NASDAQ:CTAS) Makes An Interesting Case
May 05Why The 25% Return On Capital At Cintas (NASDAQ:CTAS) Should Have Your Attention
Apr 09Is It Time To Consider Buying Cintas Corporation (NASDAQ:CTAS)?
Mar 28Does Cintas (NASDAQ:CTAS) Have A Healthy Balance Sheet?
Mar 16Here's Why Cintas (NASDAQ:CTAS) Has Caught The Eye Of Investors
Jan 27Calculating The Fair Value Of Cintas Corporation (NASDAQ:CTAS)
Jan 04Cintas (NASDAQ:CTAS) Is Very Good At Capital Allocation
Dec 24Is Now The Time To Look At Buying Cintas Corporation (NASDAQ:CTAS)?
Dec 13These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Safely
Oct 14Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention?
Oct 03Cintas Q1 2023 Earnings Preview
Sep 27Investors Should Be Encouraged By Cintas' (NASDAQ:CTAS) Returns On Capital
Sep 21What Does Cintas Corporation's (NASDAQ:CTAS) Share Price Indicate?
Sep 10A Look At The Intrinsic Value Of Cintas Corporation (NASDAQ:CTAS)
Aug 30Cintas (NASDAQ:CTAS) Is Increasing Its Dividend To $1.15
Aug 08Cintas: No, Not Yet, It's Still A 'Hold'
Jul 21Cintas Q4 2022 Earnings Preview
Jul 13Cintas (NASDAQ:CTAS) Could Easily Take On More Debt
Jul 04Investors Shouldn't Overlook The Favourable Returns On Capital At Cintas (NASDAQ:CTAS)
Jun 21With EPS Growth And More, Cintas (NASDAQ:CTAS) Is Interesting
Jun 10What Is Cintas Corporation's (NASDAQ:CTAS) Share Price Doing?
May 30Cintas Corporation (NASDAQ:CTAS) Shares Could Be 23% Below Their Intrinsic Value Estimate
May 19Cintas' Fiery Valuation Overshadows Growth Expectations
May 03Does Cintas (NASDAQ:CTAS) Have A Healthy Balance Sheet?
Mar 29Cintas: Steady Compounder, Strong Cash Flows, And Buybacks
Mar 28Cintas: More Appealing Here, But Still A Bit Too Expensive
Mar 09Capital Investments At Cintas (NASDAQ:CTAS) Point To A Promising Future
Mar 05Cintas Corporation's (NASDAQ:CTAS) Intrinsic Value Is Potentially 20% Below Its Share Price
Jan 30Is There Now An Opportunity In Cintas Corporation (NASDAQ:CTAS)?
Jan 18Cintas: There Is No Justification For This Valuation
Dec 28We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Dec 23Investors Shouldn't Overlook The Favourable Returns On Capital At Cintas (NASDAQ:CTAS)
Nov 06I Ran A Stock Scan For Earnings Growth And Cintas (NASDAQ:CTAS) Passed With Ease
Oct 24When Should You Buy Cintas Corporation (NASDAQ:CTAS)?
Oct 12Cintas: M&A And More Rental Services May Lead To 29% Upside Potential
Oct 06Calculating The Intrinsic Value Of Cintas Corporation (NASDAQ:CTAS)
Aug 31Cintas Corporation: Quality At A High Price
Aug 13Capital Investments At Cintas (NASDAQ:CTAS) Point To A Promising Future
Jul 29With EPS Growth And More, Cintas (NASDAQ:CTAS) Is Interesting
Jul 19Should You Think About Buying Cintas Corporation (NASDAQ:CTAS) Now?
Jun 14These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Reasonably Well
Jun 02Cintas: A Top Stock To Buy In The Event Of A Bear Market
May 28A Look At The Intrinsic Value Of Cintas Corporation (NASDAQ:CTAS)
Apr 30Cintas (NASDAQ:CTAS) May Have Issues Allocating Its Capital
Apr 19Cintas Corporation (NASDAQ:CTAS) Has Got What It Takes To Be An Attractive Dividend Stock
Mar 29Financial Position Analysis
Short Term Liabilities: CTAS's short term assets ($2.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: CTAS's short term assets ($2.9B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CTAS's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: CTAS's debt to equity ratio has reduced from 94.1% to 75.3% over the past 5 years.
Debt Coverage: CTAS's debt is well covered by operating cash flow (58.3%).
Interest Coverage: CTAS's interest payments on its debt are well covered by EBIT (16.1x coverage).