Cintas Gross Profit Margin vs Net Debt Analysis

CTAS Stock

USD 658.34 7.49 1.12%

Cintas financial indicator trend analysis is way more than just evaluating Cintas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cintas is a good investment. Please check the relationship between Cintas Gross Profit Margin and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Gross Profit Margin vs Net Debt

Gross Profit Margin vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Gross Profit Margin account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cintas' Gross Profit Margin and Net Debt is 0.71. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Debt in the same time period over historical financial statements of Cintas, assuming nothing else is changed. The correlation between historical values of Cintas' Gross Profit Margin and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Cintas are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Gross Profit Margin i.e., Cintas' Gross Profit Margin and Net Debt go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit Margin

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Cintas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cintas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.Selling General Administrative is likely to gain to about 2.9 B in 2024, despite the fact that Discontinued Operations is likely to grow to (276.2 K).

	2021	2022	2023	2024 (projected)
Gross Profit	3.6B	4.2B	4.8B	5.0B
Total Revenue	7.9B	8.8B	10.1B	10.6B

Gross Profit Total Revenue

Cintas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.95	0.77	0.88	0.98	0.99	0.93	0.96	-0.17	0.99	0.3	-0.17	0.94	-0.63	0.96	0.95	0.03	-0.91	0.99	0.99	0.97	0.04	0.97	0.88	0.71	0.88
Short Long Term Debt Total	0.95		0.58	0.84	0.87	0.94	0.99	0.86	-0.26	0.98	0.09	-0.26	0.86	-0.65	0.98	0.87	-0.09	-0.84	0.99	0.94	0.87	0.1	0.89	0.76	0.65	0.76
Other Current Liab	0.77	0.58		0.64	0.86	0.76	0.57	0.83	-0.1	0.73	0.62	-0.1	0.78	-0.47	0.65	0.79	0.24	-0.73	0.68	0.76	0.81	-0.14	0.84	0.8	0.66	0.8
Total Current Liabilities	0.88	0.84	0.64		0.85	0.84	0.8	0.85	0.02	0.86	0.26	0.03	0.81	-0.58	0.76	0.83	-0.04	-0.85	0.87	0.84	0.88	0.02	0.81	0.79	0.72	0.79
Total Stockholder Equity	0.98	0.87	0.86	0.85		0.97	0.84	0.97	-0.07	0.95	0.41	-0.07	0.95	-0.55	0.9	0.95	0.12	-0.89	0.93	0.97	0.99	0.02	0.97	0.89	0.69	0.89
Property Plant And Equipment Net	0.99	0.94	0.76	0.84	0.97		0.92	0.95	-0.17	0.98	0.23	-0.16	0.94	-0.59	0.96	0.93	0.02	-0.88	0.97	1.0	0.95	0.05	0.95	0.83	0.67	0.83
Net Debt	0.93	0.99	0.57	0.8	0.84	0.92		0.85	-0.4	0.96	0.12	-0.4	0.84	-0.7	0.98	0.85	-0.16	-0.84	0.97	0.92	0.83	0.08	0.88	0.77	0.68	0.77
Retained Earnings	0.96	0.86	0.83	0.85	0.97	0.95	0.85		-0.22	0.94	0.49	-0.21	0.93	-0.68	0.9	0.98	0.03	-0.96	0.93	0.95	0.98	-0.07	0.98	0.96	0.77	0.96
Cash	-0.17	-0.26	-0.1	0.02	-0.07	-0.17	-0.4	-0.22		-0.23	-0.24	0.99	-0.19	0.55	-0.32	-0.19	0.48	0.29	-0.24	-0.17	-0.03	0.12	-0.24	-0.32	-0.37	-0.32
Non Current Assets Total	0.99	0.98	0.73	0.86	0.95	0.98	0.96	0.94	-0.23		0.25	-0.24	0.92	-0.65	0.98	0.93	-0.02	-0.89	0.99	0.98	0.94	0.07	0.96	0.85	0.71	0.85
Non Currrent Assets Other	0.3	0.09	0.62	0.26	0.41	0.23	0.12	0.49	-0.24	0.25		-0.25	0.38	-0.38	0.18	0.43	0.07	-0.48	0.21	0.23	0.4	-0.42	0.46	0.68	0.63	0.68
Cash And Short Term Investments	-0.17	-0.26	-0.1	0.03	-0.07	-0.16	-0.4	-0.21	0.99	-0.24	-0.25		-0.19	0.55	-0.33	-0.18	0.46	0.29	-0.24	-0.16	-0.02	0.11	-0.25	-0.32	-0.39	-0.32
Net Receivables	0.94	0.86	0.78	0.81	0.95	0.94	0.84	0.93	-0.19	0.92	0.38	-0.19		-0.5	0.87	0.86	-0.05	-0.85	0.9	0.94	0.93	-0.05	0.92	0.86	0.65	0.86
Common Stock Shares Outstanding	-0.63	-0.65	-0.47	-0.58	-0.55	-0.59	-0.7	-0.68	0.55	-0.65	-0.38	0.55	-0.5		-0.67	-0.71	0.29	0.75	-0.68	-0.59	-0.57	-0.01	-0.68	-0.72	-0.69	-0.72
Non Current Liabilities Total	0.96	0.98	0.65	0.76	0.9	0.96	0.98	0.9	-0.32	0.98	0.18	-0.33	0.87	-0.67		0.9	-0.04	-0.85	0.98	0.96	0.88	0.06	0.93	0.8	0.66	0.8
Inventory	0.95	0.87	0.79	0.83	0.95	0.93	0.85	0.98	-0.19	0.93	0.43	-0.18	0.86	-0.71	0.9		0.12	-0.94	0.93	0.93	0.96	-0.04	0.97	0.93	0.75	0.93
Other Current Assets	0.03	-0.09	0.24	-0.04	0.12	0.02	-0.16	0.03	0.48	-0.02	0.07	0.46	-0.05	0.29	-0.04	0.12		0.05	-0.04	0.02	0.13	-0.36	0.09	-0.01	-0.1	-0.01
Other Stockholder Equity	-0.91	-0.84	-0.73	-0.85	-0.89	-0.88	-0.84	-0.96	0.29	-0.89	-0.48	0.29	-0.85	0.75	-0.85	-0.94	0.05		-0.9	-0.88	-0.91	0.07	-0.92	-0.94	-0.84	-0.94
Total Liab	0.99	0.99	0.68	0.87	0.93	0.97	0.97	0.93	-0.24	0.99	0.21	-0.24	0.9	-0.68	0.98	0.93	-0.04	-0.9		0.97	0.93	0.05	0.94	0.84	0.71	0.84
Property Plant And Equipment Gross	0.99	0.94	0.76	0.84	0.97	1.0	0.92	0.95	-0.17	0.98	0.23	-0.16	0.94	-0.59	0.96	0.93	0.02	-0.88	0.97		0.95	0.05	0.95	0.83	0.67	0.83
Total Current Assets	0.97	0.87	0.81	0.88	0.99	0.95	0.83	0.98	-0.03	0.94	0.4	-0.02	0.93	-0.57	0.88	0.96	0.13	-0.91	0.93	0.95		-0.03	0.96	0.9	0.69	0.9
Short Term Debt	0.04	0.1	-0.14	0.02	0.02	0.05	0.08	-0.07	0.12	0.07	-0.42	0.11	-0.05	-0.01	0.06	-0.04	-0.36	0.07	0.05	0.05	-0.03		-0.04	-0.16	-0.29	-0.16
Accounts Payable	0.97	0.89	0.84	0.81	0.97	0.95	0.88	0.98	-0.24	0.96	0.46	-0.25	0.92	-0.68	0.93	0.97	0.09	-0.92	0.94	0.95	0.96	-0.04		0.93	0.74	0.93
Common Stock Total Equity	0.88	0.76	0.8	0.79	0.89	0.83	0.77	0.96	-0.32	0.85	0.68	-0.32	0.86	-0.72	0.8	0.93	-0.01	-0.94	0.84	0.83	0.9	-0.16	0.93		0.82	1.0
Short Term Investments	0.71	0.65	0.66	0.72	0.69	0.67	0.68	0.77	-0.37	0.71	0.63	-0.39	0.65	-0.69	0.66	0.75	-0.1	-0.84	0.71	0.67	0.69	-0.29	0.74	0.82		0.82
Common Stock	0.88	0.76	0.8	0.79	0.89	0.83	0.77	0.96	-0.32	0.85	0.68	-0.32	0.86	-0.72	0.8	0.93	-0.01	-0.94	0.84	0.83	0.9	-0.16	0.93	1.0	0.82

Click cells to compare fundamentals

Cintas Account Relationship Matchups

Cintas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	8.2B	8.1B	8.5B	9.8B	10.3B
Short Long Term Debt Total	2.7B	2.7B	3.0B	2.7B	3.1B	3.2B
Other Current Liab	611.2M	760.4M	352.2M	884.1M	1.0B	1.1B
Total Current Liabilities	885.2M	1.9B	1.4B	1.2B	1.4B	1.5B
Total Stockholder Equity	3.2B	3.7B	3.3B	3.9B	4.4B	4.7B
Property Plant And Equipment Net	1.6B	1.5B	1.5B	1.6B	1.8B	1.9B
Net Debt	2.6B	2.2B	2.9B	2.5B	2.9B	3.1B
Retained Earnings	7.3B	7.9B	8.7B	9.6B	11.0B	11.6B
Cash	145.4M	493.6M	90.5M	124.1M	142.8M	135.5M
Non Current Assets Total	5.4B	5.4B	5.5B	5.6B	6.4B	6.8B
Non Currrent Assets Other	(127.8M)	(76.2M)	(129.7M)	100.5M	90.4M	94.9M
Cash And Short Term Investments	145.4M	493.6M	90.5M	124.1M	142.8M	181.6M
Net Receivables	870.4M	924.0M	1.0B	1.2B	1.3B	1.4B
Common Stock Shares Outstanding	107.0M	107.7M	105.5M	103.4M	93.0M	110.4M
Liabilities And Stockholders Equity	7.7B	8.2B	8.1B	8.5B	9.8B	10.3B
Non Current Liabilities Total	3.5B	2.6B	3.4B	3.5B	4.0B	4.2B
Inventory	1.2B	1.3B	1.4B	1.5B	1.7B	1.8B
Other Current Assets	114.6M	133.8M	124.7M	142.8M	164.2M	183.4M
Other Stockholder Equity	(5.0B)	(5.6B)	(7.3B)	(7.8B)	(7.1B)	(6.7B)
Total Liab	4.4B	4.5B	4.8B	4.7B	5.4B	5.7B
Property Plant And Equipment Gross	1.6B	1.5B	1.5B	1.6B	1.8B	1.9B
Total Current Assets	2.3B	2.8B	2.6B	2.9B	3.4B	3.5B
Accumulated Other Comprehensive Income	(153.4M)	30.9M	107.9M	77.8M	89.4M	93.9M
Short Term Debt	43.0M	942.9M	355.4M	43.7M	50.3M	47.8M
Accounts Payable	231.0M	230.8M	251.5M	302.3M	347.6M	365.0M
Common Stock Total Equity	1.1B	1.4B	1.8B	2.0B	2.3B	2.5B
Common Stock	1.1B	1.4B	1.8B	2.0B	2.3B	2.5B
Other Assets	409.1M	450.9M	560.3M	344.1M	395.7M	226.6M
Long Term Debt	2.5B	1.6B	2.5B	2.5B	2.9B	3.0B
Property Plant Equipment	1.4B	1.4B	1.5B	1.4B	1.6B	1.1B
Good Will	2.9B	2.9B	3.0B	3.1B	3.5B	1.9B
Intangible Assets	451.5M	408.4M	391.6M	346.6M	311.9M	274.0M
Treasury Stock	(4.7B)	(5.2B)	(5.7B)	(7.3B)	(6.6B)	(6.2B)
Other Liab	732.3M	721.4M	779.7M	793.2M	912.2M	957.8M
Net Tangible Assets	(86.3M)	279.4M	(126.4M)	461.2M	415.1M	435.8M
Retained Earnings Total Equity	7.3B	7.9B	8.7B	9.6B	11.0B	5.9B
Long Term Debt Total	2.5B	1.6B	2.5B	2.5B	2.9B	2.1B
Capital Surpluse	245.2M	227.9M	171.5M	98.9M	113.7M	177.7M

Pair Trading with Cintas

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cintas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cintas will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cintas Stock

0.86	BV	BrightView Holdings Earnings Call Tomorrow	Pair Corr
0.89	NL	NL Industries	Pair Corr
0.84	ABM	ABM Industries rporated Financial Report 4th of June 2024	Pair Corr

Moving against Cintas Stock

0.87	AZ	A2Z Smart Technologies	Pair Corr
0.83	AP	Ampco Pittsburgh	Pair Corr
0.77	OMEX	Odyssey Marine Explo	Pair Corr
0.76	BA	Boeing Financial Report 24th of July 2024	Pair Corr
0.71	HDSN	Hudson Technologies	Pair Corr

The ability to find closely correlated positions to Cintas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cintas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cintas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cintas to buy it.

The correlation of Cintas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cintas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cintas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cintas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cintas is a strong investment it is important to analyze Cintas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cintas' future performance. For an informed investment choice regarding Cintas Stock, refer to the following important reports:

How To Invest In Cintas

Details

Is Cintas Stock a good investment?

Details

What is Cintas' Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Note that the Cintas information on this page should be used as a complementary analysis to other Cintas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Cintas Stock analysis

When running Cintas' price analysis, check to measure Cintas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.

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Is Cintas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cintas. If investors know Cintas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cintas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.223

Dividend Share

5.2

Earnings Share

14.52

Revenue Per Share

92.516

Quarterly Revenue Growth

0.099

The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cintas' market value can be influenced by many factors that don't directly affect Cintas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cintas Gross Profit Margin vs Net Debt Analysis

Gross Profit Margin vs Net Debt

Gross Profit Margin vs Net Debt Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Net Debt

Cintas fundamental ratios Correlations

Cintas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cintas fundamental ratios Accounts

Pair Trading with Cintas

Moving together with Cintas Stock

Moving against Cintas Stock

Complementary Tools for Cintas Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Common Stock	- 0.94	Other Stockholder Equity
Common Stock Total Equity	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Inventory
Accounts Payable	- 0.92	Other Stockholder Equity
Total Current Assets	- 0.91	Other Stockholder Equity