Cintas Corp (CTAS)
665.26
+1.13
(+0.17%)
USD |
NASDAQ |
Apr 25, 16:00
665.26
0.00 (0.00%)
After-Hours: 20:00
Cintas Debt to Equity Ratio: 0.5845 for Feb. 29, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| February 29, 2024 | 0.5845 |
| November 30, 2023 | 0.672 |
| August 31, 2023 | 0.6075 |
| May 31, 2023 | 0.6435 |
| February 28, 2023 | 0.7528 |
| November 30, 2022 | 0.8514 |
| August 31, 2022 | 0.9264 |
| May 31, 2022 | 0.845 |
| February 28, 2022 | 0.866 |
| November 30, 2021 | 0.6904 |
| August 31, 2021 | 0.7912 |
| May 31, 2021 | 0.6893 |
| February 28, 2021 | 0.6659 |
| November 30, 2020 | 0.7062 |
| August 31, 2020 | 0.7047 |
| May 31, 2020 | 0.785 |
| February 29, 2020 | 0.8239 |
| November 30, 2019 | 0.8819 |
| August 31, 2019 | 0.943 |
| May 31, 2019 | 0.9491 |
| February 28, 2019 | 0.8663 |
| November 30, 2018 | 0.8952 |
| August 31, 2018 | 0.7579 |
| May 31, 2018 | 0.8405 |
| February 28, 2018 | 0.9407 |
| Date | Value |
|---|---|
| November 30, 2017 | 1.110 |
| August 31, 2017 | 1.107 |
| May 31, 2017 | 1.361 |
| February 28, 2017 | 0.5254 |
| November 30, 2016 | 0.5484 |
| August 31, 2016 | 0.608 |
| May 31, 2016 | 0.7025 |
| February 29, 2016 | 0.6666 |
| November 30, 2015 | 0.6755 |
| August 31, 2015 | 0.7032 |
| May 31, 2015 | 0.6727 |
| February 28, 2015 | 0.6349 |
| November 30, 2014 | 0.59 |
| August 31, 2014 | 0.5722 |
| May 31, 2014 | 0.5933 |
| February 28, 2014 | 0.5798 |
| November 30, 2013 | 0.6058 |
| August 31, 2013 | 0.5961 |
| May 31, 2013 | 0.5947 |
| February 28, 2013 | 0.6146 |
| November 30, 2012 | 0.6294 |
| August 31, 2012 | 0.6079 |
| May 31, 2012 | 0.6006 |
| February 29, 2012 | 0.5849 |
| November 30, 2011 | 0.6112 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5845
Minimum
Feb 2024
0.9491
Maximum
May 2019
0.769
Average
0.7689
Median
Debt to Equity Ratio Benchmarks
| Paychex Inc | 0.2181 |
| Automatic Data Processing Inc | 0.6922 |
| Cass Information Systems Inc | 0.00 |
| Resources Connection Inc | 0.00 |
| SPAR Group Inc | 0.632 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.979B |
| Total Liabilities (Quarterly) | 4.745B |
| Shareholders Equity (Quarterly) | 4.234B |
| Current Ratio | 2.379 |
| Net Debt Paydown Yield | 0.14% |