Cintas (CTAS)

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56.97 +0.63  +1.12% NASDAQ Apr 16, 5:00PM BATS Real time Currency in USD

Cintas Net PP&E (Quarterly):

981.20M for Feb. 28, 2014

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Cintas Net PP&E (Quarterly) Chart

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Cintas Historical Net PP&E (Quarterly) Data

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Data for this Date Range  
Feb. 28, 2014 981.20M
Nov. 30, 2013 988.90M
Aug. 31, 2013 991.33M
May 31, 2013 986.70M
Feb. 28, 2013 976.84M
Nov. 30, 2012 967.26M
Aug. 31, 2012 953.76M
May 31, 2012 952.59M
Feb. 29, 2012 944.03M
Nov. 30, 2011 938.66M
Aug. 31, 2011 946.47M
May 31, 2011 946.22M
Feb. 28, 2011 941.77M
Nov. 30, 2010 923.54M
Aug. 31, 2010 915.36M
May 31, 2010 894.52M
Feb. 28, 2010 894.58M
Nov. 30, 2009 888.00M
Aug. 31, 2009 901.29M
May 31, 2009 914.63M
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About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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CTAS Net PP&E (Quarterly) Benchmarks

Companies
G & K Services 193.79M
Higher One Holdings 49.89M
Huron Consulting Group 38.74M

CTAS Net PP&E (Quarterly) Range, Past 5 Years

Minimum 888.00M Nov 2009
Maximum 991.33M Aug 2013
Average 942.38M
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