Cintas Corporation

NASDAQ CTAS

Data sourced from

and

Download Data

Cintas Corporation Liabilities to Equity Ratio 1 year YoY Change (%) for the year ending May 31, 2023: -17.16%

Cintas Corporation Liabilities to Equity Ratio 1 year YoY Change (%) is -17.16% for the year ending May 31, 2023, a -192.31% change year over year. The liabilities to equity ratio, also known as the leverage ratio, measures the proportion of a company's total liabilities to its shareholders' equity. It is calculated by dividing the total liabilities by the shareholders' equity. This ratio provides insights into the extent to which a company relies on debt financing compared to equity financing. A higher ratio indicates higher financial leverage, which can amplify both returns and risks for the company's shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Cintas Corporation Liabilities to Equity Ratio for the year ending May 31, 2022 was 1.46, a 18.58% change year over year.
Cintas Corporation Liabilities to Equity Ratio for the year ending May 31, 2021 was 1.23, a -10.01% change year over year.
Cintas Corporation Liabilities to Equity Ratio for the year ending May 31, 2020 was 1.37, a -7.17% change year over year.
Cintas Corporation Liabilities to Equity Ratio for the year ending May 31, 2019 was 1.48, a 13.01% change year over year.

NASDAQ: CTAS

Cintas Corporation

CEO	Mr. Scott D. Farmer
IPO Date	Aug. 19, 1983
Location	United States
Headquarters	6800 Cintas Boulevard, Cincinnati, OH, United States, 45262-5737
Employees	44,500
Sector	Industrials
Industry	Specialty business services

Description

Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

Key trends