What is the level of liabilities of Cintas this year?
Cintas has a debt balance of 4.68 B USD this year.
Cintas Liabilities 2024
Cintas Liabilities
4.68 B USD
Cintas Dividend yield
0.75 %
Ticker
CTAS
ISIN
US1729081059
WKN
880205
In 2024, Cintas's total liabilities amounted to 4.68 B USD, a -3.24% difference from the 4.84 B USD total liabilities 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.
Liabilities Details
Assessing Cintas's Liabilities
Cintas's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Cintas's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Cintas's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Cintas's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Cintas’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Cintas Stock
What were the liabilities of Cintas compared to the previous year?
The liabilities of Cintas have increased by -3.24% dropped compared to the previous year.
What are the consequences of high debt for investors of Cintas?
High liabilities can pose a risk for investors of Cintas, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Cintas?
Low liabilities mean that Cintas has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Cintas affect the company?
An increase in liabilities of Cintas can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Cintas affect the company?
A decrease in the liabilities of Cintas can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Cintas?
Some factors that can influence the liabilities of Cintas include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Cintas so important for investors?
The liabilities of Cintas are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Cintas take to modify the liabilities?
To change its liabilities, Cintas can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 6.21 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 6.21 USD are expected. This corresponds to a dividend yield of 0.93 %.
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.
