Cintas Total Liab vs Cash And Short Term Investments 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 Total Liab and its Cash And Short Term Investments 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.

Total Liab vs Cash And Short Term Investments

Total Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Corp Total Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cintas Corp's Total Liab and Cash And Short Term Investments is -0.55. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments 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 Total Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Cintas Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., Cintas Corp's Total Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Cintas Corp balance sheet. This account contains Cintas Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cintas Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

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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)

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Cintas Total Liab vs Cash And Short Term Investments Analysis

Total Liab vs Cash And Short Term Investments

Total Liab vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Liab

Cash And Short Term Investments

Cintas Corp fundamental ratios Correlations

Cintas Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cintas Corp fundamental ratios Accounts

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Additional Tools for Cintas Stock Analysis

COMMON DESTINATIONS

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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