Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Cintas's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.05.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Cintas couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.
The historical rank and industry rank for Cintas's Cash-to-Debt or its related term are showing as below:
CTAS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.64
Current: 0.05
During the past 13 years, Cintas's highest Cash to Debt Ratio was 0.64. The lowest was 0.02. And the median was 0.07.
Cintas Cash-to-Debt Historical Data
The historical data trend for Cintas's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
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Cintas Annual Data
|
|
Trend |
May14 |
May15 |
May16 |
May17 |
May18 |
May19 |
May20 |
May21 |
May22 |
May23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.03 |
0.05 |
0.18 |
0.03 |
0.05 |
|
Cintas Quarterly Data
|
|
May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.03 |
0.05 |
0.03 |
0.03 |
0.05 |
Competitive Comparison
For the Specialty Business Services subindustry, Cintas's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cintas Cash-to-Debt Distribution
For the Business Services industry and Industrials sector, Cintas's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Cintas's Cash-to-Debt falls into.
Cintas Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Cintas's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:
Cintas's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cintas (Cintas) Business Description
Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
| J. Michael Hansen |
officer: VP & CFO |
6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737 |
| Ronald W Tysoe |
director |
C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202 |
| Robert E. Coletti |
director, officer: Assistant Secretary |
P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262 |
| Melanie W. Barstad |
director |
P.O. BOX 625737, MASON OH 45040 |
| David Brock Denton |
officer: Sr VP, Secretary & Gen Counsel |
P.O. BOX 625737, CINCINNATI OH 45262 |
| John F Barrett |
director |
|
| Michael Lawrence Thompson |
officer: Executive Vice President & CAO |
6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262 |
| Todd M. Schneider |
director, officer: CEO and Director |
P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262 |
| Joseph Scaminace |
director |
C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115 |
| Gerald S Adolph |
director |
101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178 |
| Jim Rozakis |
officer: Executive Vice President & COO |
6800 CINTAS BLVD, CINCINNATI OH 45262 |
| Martin Mucci |
director |
911 PANORAMA TRAIL S, ROCHESTER NY 14625 |
| Thomas E Frooman |
officer: VP, Secretary & Gen. Counsel |
|
| James J Johnson |
director |
C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202 |
| James Phillip Holloman |
officer: President and COO |
P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262 |
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