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Cintas Corp (NAS:CTAS)
Total Equity
\$1,843 Mil (As of May. 2016)

Cintas Corp's total equity for the quarter that ended in May. 2016 was \$1,843 Mil.

Total equity is used to calculate book value per share. Cintas Corp's book value per share for the quarter that ended in May. 2016 was \$17.68. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Cintas Corp's debt to equity ratio for the quarter that ended in May. 2016 was 0.71.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Cintas Corp's Total Equity for the fiscal year that ended in May. 2015 is calculated as

 Total Equity = Total Assets(Q: May. 2016 ) - Total Liabilities(Q: May. 2016 ) = 4192.46 - 2260.005 = 1,932

Cintas Corp's Total Equity for the quarter that ended in May. 2016 is calculated as

 Total Equity = Total Assets(Q: May. 2016 ) - Total Liabilities(Q: May. 2016 ) = 4104.393 - 2261.734 = 1,843

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

Explanation

1. Total equity is used to calculate book value per share.

Cintas Corp's Book Value Per Share for the quarter that ended in May. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (1842.659 - 0) / 104.21 = 17.68

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Cintas Corp's Debt to Equity Ratio for the quarter that ended in May. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (250 + 1050) / 1842.659 = 0.71

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

Related Terms

Historical Data

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

Cintas Corp Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 Total Equity 2,168 2,254 2,367 2,534 2,303 2,139 2,201 2,193 1,932 1,843

Cintas Corp Quarterly Data

 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Total Equity 2,193 2,272 2,203 2,048 1,932 1,849 1,925 1,950 1,843 1,987
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