Cintas has the Financial Strength Rank of 7.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Cintas's Interest Coverage for the quarter that ended in Feb. 2024 was 20.40.
Cintas's debt to revenue ratio for the quarter that ended in Feb. 2024 was 0.28.
As of today, Cintas's Altman Z-Score is 12.15.
Competitive Comparison
For the Specialty Business Services subindustry, Cintas's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution
For the Business Services industry and Industrials sector, Cintas's Financial Strength distribution charts can be found below:
* The bar in red indicates where Cintas's Financial Strength falls into.
Cintas Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Cintas's Interest Expense for the
months ended in Feb. 2024 was $-26 Mil. Its Operating Income for the
months ended in Feb. 2024 was $521 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $2,621 Mil.
Cintas's Interest Coverage for the quarter that ended in Feb. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Cintas's Debt to Revenue Ratio for the quarter that ended in Feb. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Cintas has a Z-score of 12.15, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 12.15 is strong.
* 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 |
Cintas (Cintas) Headlines
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