What is the equity of Cintas this year?
Cintas has equity of 3.86 B USD this year.
Cintas Equity 2024
Cintas Equity
3.86 B USD
Cintas Dividend yield
0.75 %
Ticker
CTAS
ISIN
US1729081059
WKN
880205
In 2024, Cintas's equity was 3.86 B USD, a 16.8% increase from the 3.31 B USD equity in the previous year.
Cintas Aktienanalyse
What does Cintas do?
Cintas Corp is a leading supplier of products and services in the field of workplace safety and occupational clothing. The company, based in Cincinnati, Ohio, was founded in 1929 by Richard T. Farmer, who specialized in selling used aprons and towels at the time. Over the years, the company expanded its range of products and services and developed into a diversified provider with a diverse product portfolio. Today, Cintas offers a wide range of products and services, including occupational clothing, hygiene products, protective clothing, disposable items, mats and towels, as well as fire extinguishing products and services. Cintas operates several business segments, including Document Management, First Aid and Safety, Facility Services, and Uniforms and Apparel. In the Document Management division, Cintas provides solutions for data backup and document archiving. The First Aid and Safety division offers first aid kits, safety training, and protective clothing. Facility Services include services such as carpet cleaning, disinfection, and pest control, while the Uniforms and Apparel segment offers occupational clothing for various industries, including hospitality, retail, and healthcare. Cintas has always focused on customer service and operates a network of sales representatives who work closely with customers to develop customized solutions for their needs. In recent years, the company has also invested in the development of new technologies, including RFID tracking systems for occupational clothing and service ware that allow customers to manage their products and services online. Cintas Corp has been listed on NASDAQ since 1983 and generated revenue of $7.1 billion in the fiscal year 2020. The company is popular among investors due to its consistent performance and growth potential and is known for its internal corporate culture, which is characterized by teamwork and a customer-service orientation. Overall, Cintas offers a wide range of products and services for customers in various industries and has established itself as one of the market leaders in the field of workplace safety and occupational clothing over the past decades. The company is expected to continue playing an important role in the world of work and will continue to focus on innovation and customer service. Cintas ist eines der beliebtesten Unternehmen auf Eulerpool.com.Cintas revenue by segment
In the annual report of the Cintas share (US1729081059, 880205, CTAS), it breaks down its revenues into 3 segments: 1. Uniform Rental & Facility Services, 2. All Other, 3. First Aid 6 Safety Services. The Cintas stock (WKN: 880205, ISIN: US1729081059, Ticker Symbol: CTAS) is a leading investment for investors interested in participating in the Industrials sector.
Equity Details
Analyzing Cintas's Equity
Cintas's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Cintas's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Cintas's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Cintas's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Cintas’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Cintas Stock
What was the equity of Cintas compared to the previous year?
The equity of Cintas has increased/decreased by 16.8% increased compared to the previous year.
What impact does a high equity have on investors of Cintas?
A high equity is advantageous for investors of Cintas as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Cintas?
A low equity can be a risk for investors of Cintas, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Cintas affect the company?
An increase in equity of Cintas can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Cintas affect the company?
A reduction in equity of Cintas can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Cintas?
Some factors that can affect the equity of Cintas include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Cintas so important for investors?
The equity of Cintas is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Cintas take to change the equity?
To change equity, Cintas can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Cintas pay?
Over the past 12 months, Cintas paid a dividend of 5 USD . This corresponds to a dividend yield of about 0.75 %. For the coming 12 months, Cintas is expected to pay a dividend of 6.28 USD.
What is the dividend yield of Cintas?
The current dividend yield of Cintas is 0.75 %.
When does Cintas pay dividends?
Cintas pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Cintas?
Cintas paid dividends every year for the past 42 years.
What is the dividend of Cintas?
For the upcoming 12 months, dividends amounting to 6.28 USD are expected. This corresponds to a dividend yield of 0.95 %.
In which sector is Cintas located?
Cintas is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cintas kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cintas from 6/14/2024 amounting to 1.35 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.
When did Cintas pay the last dividend?
The last dividend was paid out on 6/14/2024.
What was the dividend of Cintas in the year 2023?
In the year 2023, Cintas distributed 4.2 USD as dividends.
In which currency does Cintas pay out the dividend?
The dividends of Cintas are distributed in USD.
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Andere Kennzahlen von Cintas
Our stock analysis for Cintas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cintas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
