Cintas Short Term Coverage Ratios from 2010 to 2024

CTAS Stock  USD 221.76  0.27  0.12%   
Cintas Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios will likely drop to 3.59 in 2024. From the period from 2010 to 2024, Cintas Short Term Coverage Ratios quarterly data regression had r-value of (0.26) and coefficient of variation of  353.82. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
3.78
Current Value
3.59
Quarterly Volatility
310.53927255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 464.5 M, Interest Expense of 105.8 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 7.54, Dividend Yield of 0.0073 or PTB Ratio of 16.76. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
  
Check out the analysis of Cintas Correlation against competitors.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Latest Cintas' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Cintas over the last few years. It is Cintas' Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cintas' overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Pretty Stable
   Short Term Coverage Ratios   
       Timeline  

Cintas Short Term Coverage Ratios Regression Statistics

Arithmetic Mean87.77
Geometric Mean5.20
Coefficient Of Variation353.82
Mean Deviation149.46
Median3.42
Standard Deviation310.54
Sample Variance96,435
Range1.2K
R-Value(0.26)
Mean Square Error96,579
R-Squared0.07
Significance0.34
Slope(18.38)
Total Sum of Squares1.4M

Cintas Short Term Coverage Ratios History

2024 3.59
2023 3.78
2022 4.2
2021 4.33
2019 1.51
2017 3.42
2016 2.1

About Cintas Financial Statements

Cintas shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Cintas investors may analyze each financial statement separately, they are all interrelated. The changes in Cintas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cintas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 3.78  3.59 

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Additional 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.