Cintas (MEX:CTAS) Interest Expense : MXN-1,966 Mil (TTM As of Feb. 2025)

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What is Cintas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cintas's interest expense for the three months ended in Feb. 2025 was MXN -508 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 was MXN-1,966 Mil.

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 Operating Income for the three months ended in Feb. 2025 was MXN 12,517 Mil. Cintas's Interest Expense for the three months ended in Feb. 2025 was MXN -508 Mil. Cintas's Interest Coverage for the quarter that ended in Feb. 2025 was 24.63. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cintas Interest Expense Historical Data

The historical data trend for Cintas's Interest Expense 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.

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Cintas Interest Expense Chart

Cintas Annual Data

Trend

May15

May16

May17

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May20

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May24

Interest Expense

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-2,336.56

-1,957.33

-1,748.45

-1,974.24

-1,711.98

Cintas Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial															-435.49	-409.15	-505.35	-543.45	-508.29

Cintas Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,966 Mil.

Cintas (MEX:CTAS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cintas's Interest Expense for the three months ended in Feb. 2025 was MXN-508 Mil. Its Operating Income for the three months ended in Feb. 2025 was MXN12,517 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was MXN45,015 Mil.

Cintas's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2025 )	/	Interest Expense (Q: Feb. 2025 )
	=	-1	*	12517.477	/	-508.291
	=	24.63

The higher the ratio, the stronger the company's financial strength is.

Cintas Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CTAS:USA 0HYJ:UK CIT:Germany CIT:Germany C1TA34:Brazil CTAS:Austria

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.