Cintas Change In Working Capital vs Stock Based Compensation Analysis

0HYJ Stock

225.20 1.63 0.73%

Cintas Corp financial indicator trend analysis is way more than just evaluating Cintas Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cintas Corp is a good investment. Please check the relationship between Cintas Corp Change In Working Capital and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Working Capital vs Stock Based Compensation

Change In Working Capital vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Corp Change In Working Capital account and Stock Based Compensation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cintas Corp's Change In Working Capital and Stock Based Compensation is -0.55. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Cintas Corp, assuming nothing else is changed. The correlation between historical values of Cintas Corp's Change In Working Capital and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Cintas Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change In Working Capital i.e., Cintas Corp's Change In Working Capital and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Cintas Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cintas Corp 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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 164.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2 B in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	7.9B	8.8B	9.6B	7.0B
Depreciation And Amortization	399.7M	409.2M	314.4M	313.4M

Total Revenue Depreciation And Amortization

Cintas Corp 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.92	0.89	0.86	0.94	0.98	0.89	0.94	0.96	-0.4	0.99	0.94	0.71	-0.46	0.97	0.98	0.34	0.1	0.92	-0.58	0.88	-0.87	0.98	0.32	0.71	0.89
Short Long Term Debt Total	0.92		0.72	0.74	0.74	0.92	0.99	0.76	0.8	-0.55	0.95	0.85	0.64	-0.6	0.83	0.96	0.17	0.1	0.97	-0.7	0.81	-0.71	0.98	0.04	0.66	0.98
Other Current Liab	0.89	0.72		0.87	0.9	0.81	0.67	0.94	0.93	-0.19	0.84	0.83	0.54	-0.24	0.94	0.8	0.56	0.15	0.71	-0.42	0.91	-0.91	0.83	0.52	0.63	0.67
Total Current Liabilities	0.86	0.74	0.87		0.83	0.79	0.68	0.85	0.8	-0.1	0.83	0.87	0.71	-0.13	0.84	0.79	0.38	0.23	0.65	-0.49	0.89	-0.81	0.83	0.43	0.86	0.67
Total Stockholder Equity	0.94	0.74	0.9	0.83		0.91	0.69	0.95	0.97	-0.21	0.9	0.87	0.68	-0.28	0.95	0.88	0.44	0.01	0.76	-0.38	0.8	-0.88	0.85	0.52	0.64	0.72
Property Plant And Equipment Net	0.98	0.92	0.81	0.79	0.91		0.91	0.91	0.92	-0.52	0.99	0.94	0.69	-0.57	0.94	0.98	0.31	0.14	0.94	-0.64	0.83	-0.84	0.97	0.19	0.66	0.91
Net Debt	0.89	0.99	0.67	0.68	0.69	0.91		0.74	0.77	-0.66	0.93	0.85	0.57	-0.71	0.82	0.95	0.12	0.16	0.98	-0.75	0.76	-0.69	0.96	-0.07	0.59	0.98
Retained Earnings	0.94	0.76	0.94	0.85	0.95	0.91	0.74		0.97	-0.35	0.91	0.94	0.63	-0.4	0.98	0.86	0.42	0.21	0.79	-0.48	0.86	-0.95	0.88	0.42	0.64	0.72
Accounts Payable	0.96	0.8	0.93	0.8	0.97	0.92	0.77	0.97		-0.34	0.93	0.89	0.61	-0.41	0.99	0.91	0.43	0.08	0.84	-0.47	0.83	-0.89	0.9	0.42	0.56	0.79
Cash	-0.4	-0.55	-0.19	-0.1	-0.21	-0.52	-0.66	-0.35	-0.34		-0.5	-0.49	-0.01	0.99	-0.42	-0.5	0.06	-0.42	-0.63	0.72	-0.23	0.36	-0.5	0.6	-0.02	-0.59
Non Current Assets Total	0.99	0.95	0.84	0.83	0.9	0.99	0.93	0.91	0.93	-0.5		0.95	0.68	-0.56	0.95	0.99	0.28	0.17	0.95	-0.67	0.86	-0.84	0.99	0.19	0.7	0.93
Non Currrent Assets Other	0.94	0.85	0.83	0.87	0.87	0.94	0.85	0.94	0.89	-0.49	0.95		0.71	-0.52	0.93	0.89	0.26	0.36	0.85	-0.68	0.83	-0.87	0.93	0.17	0.75	0.81
Other Assets	0.71	0.64	0.54	0.71	0.68	0.69	0.57	0.63	0.61	-0.01	0.68	0.71		-0.06	0.62	0.65	0.14	-0.06	0.6	-0.23	0.62	-0.56	0.69	0.41	0.72	0.54
Cash And Short Term Investments	-0.46	-0.6	-0.24	-0.13	-0.28	-0.57	-0.71	-0.4	-0.41	0.99	-0.56	-0.52	-0.06		-0.47	-0.57	0.05	-0.32	-0.68	0.69	-0.25	0.4	-0.55	0.54	-0.03	-0.64
Net Receivables	0.97	0.83	0.94	0.84	0.95	0.94	0.82	0.98	0.99	-0.42	0.95	0.93	0.62	-0.47		0.92	0.4	0.15	0.86	-0.54	0.86	-0.92	0.93	0.36	0.61	0.81
Good Will	0.98	0.96	0.8	0.79	0.88	0.98	0.95	0.86	0.91	-0.5	0.99	0.89	0.65	-0.57	0.92		0.26	0.05	0.96	-0.64	0.82	-0.78	0.98	0.17	0.66	0.96
Common Stock Shares Outstanding	0.34	0.17	0.56	0.38	0.44	0.31	0.12	0.42	0.43	0.06	0.28	0.26	0.14	0.05	0.4	0.26		0.14	0.16	-0.17	0.44	-0.6	0.26	0.44	0.2	0.15
Short Term Investments	0.1	0.1	0.15	0.23	0.01	0.14	0.16	0.21	0.08	-0.42	0.17	0.36	-0.06	-0.32	0.15	0.05	0.14		0.09	-0.68	0.23	-0.29	0.15	-0.46	0.3	0.09
Non Current Liabilities Total	0.92	0.97	0.71	0.65	0.76	0.94	0.98	0.79	0.84	-0.63	0.95	0.85	0.6	-0.68	0.86	0.96	0.16	0.09		-0.67	0.76	-0.73	0.96	0.03	0.56	0.96
Inventory	-0.58	-0.7	-0.42	-0.49	-0.38	-0.64	-0.75	-0.48	-0.47	0.72	-0.67	-0.68	-0.23	0.69	-0.54	-0.64	-0.17	-0.68	-0.67		-0.57	0.48	-0.67	0.49	-0.53	-0.74
Other Current Assets	0.88	0.81	0.91	0.89	0.8	0.83	0.76	0.86	0.83	-0.23	0.86	0.83	0.62	-0.25	0.86	0.82	0.44	0.23	0.76	-0.57		-0.81	0.87	0.34	0.76	0.75
Other Stockholder Equity	-0.87	-0.71	-0.91	-0.81	-0.88	-0.84	-0.69	-0.95	-0.89	0.36	-0.84	-0.87	-0.56	0.4	-0.92	-0.78	-0.6	-0.29	-0.73	0.48	-0.81		-0.82	-0.43	-0.59	-0.64
Total Liab	0.98	0.98	0.83	0.83	0.85	0.97	0.96	0.88	0.9	-0.5	0.99	0.93	0.69	-0.55	0.93	0.98	0.26	0.15	0.96	-0.67	0.87	-0.82		0.17	0.71	0.94
Total Current Assets	0.32	0.04	0.52	0.43	0.52	0.19	-0.07	0.42	0.42	0.6	0.19	0.17	0.41	0.54	0.36	0.17	0.44	-0.46	0.03	0.49	0.34	-0.43	0.17		0.24	-0.04
Short Term Debt	0.71	0.66	0.63	0.86	0.64	0.66	0.59	0.64	0.56	-0.02	0.7	0.75	0.72	-0.03	0.61	0.66	0.2	0.3	0.56	-0.53	0.76	-0.59	0.71	0.24		0.61
Intangible Assets	0.89	0.98	0.67	0.67	0.72	0.91	0.98	0.72	0.79	-0.59	0.93	0.81	0.54	-0.64	0.81	0.96	0.15	0.09	0.96	-0.74	0.75	-0.64	0.94	-0.04	0.61

Click cells to compare fundamentals

Cintas Corp Account Relationship Matchups

Cintas Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0B	8.6B	8.4B	8.8B	9.5B	7.5B
Short Long Term Debt Total	2.7B	2.7B	3.0B	2.7B	2.7B	2.5B
Other Current Liab	557.0M	681.2M	728.4M	741.6M	956.8M	667.2M
Total Current Liabilities	885.2M	1.9B	1.4B	1.2B	1.8B	1.2B
Total Stockholder Equity	3.2B	3.7B	3.3B	3.9B	4.3B	3.2B
Property Plant And Equipment Net	1.6B	1.5B	1.5B	1.6B	1.6B	1.4B
Net Debt	2.6B	2.2B	2.9B	2.5B	2.3B	2.2B
Retained Earnings	7.3B	7.9B	8.7B	9.6B	10.6B	7.2B
Accounts Payable	231.0M	230.8M	251.5M	302.3M	339.2M	225.9M
Cash	145.4M	493.6M	90.5M	124.1M	342.0M	201.5M
Non Current Assets Total	6.5B	6.6B	6.8B	7.0B	7.4B	5.8B
Non Currrent Assets Other	1.2B	1.3B	1.4B	1.2B	1.4B	913.2M
Other Assets	450.9M	560.2M	232.2M	252.0M	312.5M	247.9M
Cash And Short Term Investments	145.4M	493.6M	90.5M	124.1M	342.0M	209.1M
Net Receivables	870.4M	924.0M	1.0B	1.2B	1.2B	892.4M
Good Will	2.9B	2.9B	3.0B	3.1B	3.2B	2.6B
Common Stock Shares Outstanding	107.0M	107.7M	105.5M	103.4M	413.5M	434.1M
Liabilities And Stockholders Equity	8.0B	8.6B	8.4B	8.8B	9.2B	7.5B
Non Current Liabilities Total	3.9B	2.9B	3.7B	3.7B	3.3B	3.2B
Inventory	408.9M	481.8M	472.2M	506.6M	410.2M	378.5M
Other Current Assets	76.8M	108.8M	82.1M	100.6M	148.7M	81.9M
Other Stockholder Equity	(5.0B)	(5.7B)	(7.3B)	(7.8B)	(8.7B)	(8.3B)
Total Liab	4.7B	4.9B	5.1B	5.0B	5.2B	4.3B
Total Current Assets	1.5B	2.0B	1.6B	1.8B	2.1B	1.8B
Accumulated Other Comprehensive Income	(153.4M)	30.9M	107.9M	77.8M	91.2M	95.8M
Short Term Debt	337.7M	942.9M	355.4M	234.5M	495.3M	363.0M
Intangible Assets	595.4M	540.4M	619.8M	584.0M	591.2M	486.4M
Common Stock	1.1B	1.4B	1.8B	2.0B	2.3B	2.4B
Long Term Debt	2.5B	2.5B	2.5B	1.6B	1.5B	1.9B
Capital Surpluse	245.2M	227.9M	171.5M	98.9M	89.0M	154.8M
Treasury Stock	(3.7B)	(4.7B)	(5.2B)	(5.7B)	(5.2B)	(5.4B)
Property Plant Equipment	1.3B	1.4B	1.4B	1.4B	1.6B	1.5B
Other Liab	732.3M	721.4M	779.7M	731.6M	841.3M	791.0M
Net Tangible Assets	(485.4M)	(230.2M)	234.4M	(249.6M)	(287.0M)	(301.4M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Cintas Stock Analysis

When running Cintas Corp's price analysis, check to measure Cintas Corp's 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 Corp is operating at the current time. Most of Cintas Corp's value examination focuses on studying past and present price action to predict the probability of Cintas Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas Corp's price. Additionally, you may evaluate how the addition of Cintas Corp to your portfolios can decrease your overall portfolio volatility.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cintas Change In Working Capital vs Stock Based Compensation Analysis

Change In Working Capital vs Stock Based Compensation

Change In Working Capital vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change In Working Capital

Stock Based Compensation

Cintas Corp fundamental ratios Correlations

Cintas Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cintas Corp fundamental ratios Accounts

Also Currently Popular

Additional Tools for Cintas Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Accounts Payable
Cash And Short Term Investments	+ 0.99	Cash
Good Will	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.92	Net Receivables
Other Stockholder Equity	- 0.91	Other Current Liab
Other Stockholder Equity	- 0.89	Accounts Payable
Other Stockholder Equity	- 0.88	Total Stockholder Equity
Other Stockholder Equity	- 0.87	Non Currrent Assets Other