Cintas Cost Of Revenue vs Non Operating Income Net Other Analysis

CTAS Stock  USD 224.05  2.42  1.07%   
Cintas financial indicator trend analysis is way more than just evaluating Cintas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cintas is a good investment. Please check the relationship between Cintas Cost Of Revenue and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Cost Of Revenue vs Non Operating Income Net Other

Cost Of Revenue vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Cost Of Revenue account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cintas' Cost Of Revenue and Non Operating Income Net Other is -0.11. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Cintas, assuming nothing else is changed. The correlation between historical values of Cintas' Cost Of Revenue and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Cintas are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Cost Of Revenue i.e., Cintas' Cost Of Revenue and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Cintas income statement and represents the costs associated with goods and services Cintas provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Non Operating Income Net Other

Most indicators from Cintas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cintas 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.Selling General Administrative is likely to gain to about 2.7 B in 2024, despite the fact that Discontinued Operations is likely to grow to (276.2 K).
 2021 2022 2023 2024 (projected)
Gross Profit3.6B4.2B4.7B4.9B
Total Revenue7.9B8.8B9.6B10.1B

Cintas fundamental ratios Correlations

0.940.80.890.970.990.90.960.080.990.4-0.060.930.680.920.560.45-0.910.980.740.970.20.960.850.720.86
0.940.590.790.830.930.990.82-0.10.970.13-0.190.820.50.980.650.21-0.780.980.560.830.220.840.690.630.69
0.80.590.760.880.780.560.870.090.760.65-0.060.810.770.60.360.58-0.850.70.720.840.010.870.860.750.86
0.890.790.760.890.860.720.910.250.860.540.110.850.830.690.350.54-0.890.860.790.920.120.870.870.720.87
0.970.830.880.890.960.770.970.210.940.530.060.940.740.820.450.57-0.920.910.810.980.180.970.880.690.88
0.990.930.780.860.960.890.940.070.980.36-0.050.930.610.920.540.43-0.880.970.740.950.20.940.810.660.81
0.90.990.560.720.770.890.78-0.260.940.1-0.340.780.460.980.660.13-0.750.960.50.760.20.80.670.640.67
0.960.820.870.910.970.940.780.080.930.6-0.070.930.80.810.450.57-0.980.910.830.970.110.980.950.780.95
0.08-0.10.090.250.210.07-0.260.08-0.010.150.950.090.18-0.17-0.170.430.0-0.030.220.260.080.060.02-0.190.01
0.990.970.760.860.940.980.940.93-0.010.35-0.140.910.630.950.570.39-0.880.990.710.930.220.940.820.710.82
0.40.130.650.540.530.360.10.60.150.35-0.050.490.720.13-0.290.8-0.650.290.790.51-0.160.590.770.580.77
-0.06-0.19-0.060.110.06-0.05-0.34-0.070.95-0.14-0.05-0.060.03-0.26-0.10.220.14-0.140.010.120.06-0.1-0.16-0.31-0.16
0.930.820.810.850.940.930.780.930.090.910.49-0.060.70.80.370.48-0.880.880.780.930.120.910.840.650.84
0.680.50.770.830.740.610.460.80.180.630.720.030.70.440.270.52-0.850.620.650.77-0.010.750.90.710.9
0.920.980.60.690.820.920.980.81-0.170.950.13-0.260.80.440.680.19-0.770.960.530.810.210.850.680.620.68
0.560.650.360.350.450.540.660.45-0.170.57-0.29-0.10.370.270.68-0.33-0.440.61-0.10.490.120.430.310.470.32
0.450.210.580.540.570.430.130.570.430.390.80.220.480.520.19-0.33-0.540.330.870.55-0.10.60.620.290.61
-0.91-0.78-0.85-0.89-0.92-0.88-0.75-0.980.0-0.88-0.650.14-0.88-0.85-0.77-0.44-0.54-0.87-0.8-0.93-0.05-0.95-0.98-0.82-0.98
0.980.980.70.860.910.970.960.91-0.030.990.29-0.140.880.620.960.610.33-0.870.670.910.20.920.80.70.8
0.740.560.720.790.810.740.50.830.220.710.790.010.780.650.53-0.10.87-0.80.670.790.10.840.830.530.83
0.970.830.840.920.980.950.760.970.260.930.510.120.930.770.810.490.55-0.930.910.790.140.960.880.70.89
0.20.220.010.120.180.20.20.110.080.22-0.160.060.12-0.010.210.12-0.1-0.050.20.10.140.140.02-0.190.02
0.960.840.870.870.970.940.80.980.060.940.59-0.10.910.750.850.430.6-0.950.920.840.960.140.930.740.93
0.850.690.860.870.880.810.670.950.020.820.77-0.160.840.90.680.310.62-0.980.80.830.880.020.930.821.0
0.720.630.750.720.690.660.640.78-0.190.710.58-0.310.650.710.620.470.29-0.820.70.530.7-0.190.740.820.83
0.860.690.860.870.880.810.670.950.010.820.77-0.160.840.90.680.320.61-0.980.80.830.890.020.931.00.83
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Cintas Account Relationship Matchups

Cintas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.2B8.1B8.5B9.2B9.6B
Short Long Term Debt Total2.7B2.7B3.0B2.7B2.7B2.8B
Other Current Liab611.2M738.1M760.4M871.6M929.7M976.2M
Total Current Liabilities885.2M1.9B1.4B1.2B1.8B1.9B
Total Stockholder Equity3.2B3.7B3.3B3.9B4.3B4.5B
Property Plant And Equipment Net1.6B1.5B1.5B1.6B1.7B1.8B
Net Debt2.6B2.2B2.9B2.5B2.3B2.4B
Retained Earnings7.3B7.9B8.7B9.6B10.6B11.1B
Cash145.4M493.6M90.5M124.1M342.0M359.1M
Non Current Assets Total5.4B5.4B5.5B5.6B6.0B6.3B
Non Currrent Assets Other(127.8M)(76.2M)(129.7M)100.5M425.0M446.2M
Cash And Short Term Investments145.4M493.6M90.5M124.1M342.0M186.6M
Net Receivables870.4M924.0M1.0B1.2B1.2B1.3B
Common Stock Shares Outstanding107.0M430.8M422.1M413.5M413.5M434.1M
Liabilities And Stockholders Equity7.7B8.2B8.1B8.5B9.2B9.6B
Non Current Liabilities Total3.5B2.6B3.4B3.5B3.0B3.2B
Inventory1.2B1.3B1.4B1.5B410.2M426.8M
Other Current Assets114.6M133.8M124.7M142.8M1.2B1.2B
Other Stockholder Equity(5.0B)(5.7B)(7.3B)(7.8B)(8.7B)(8.3B)
Total Liab4.4B4.5B4.8B4.7B4.9B5.1B
Property Plant And Equipment Gross1.6B1.5B1.5B1.6B4.3B4.5B
Total Current Assets2.3B2.8B2.6B2.9B3.2B3.3B
Accumulated Other Comprehensive Income(153.4M)30.9M107.9M77.8M91.2M95.8M
Short Term Debt43.0M942.9M399.3M43.7M541.0M568.1M
Accounts Payable231.0M230.8M251.5M302.3M339.2M356.1M
Common Stock Total Equity1.1B1.4B1.8B2.0B2.3B2.5B
Common Stock1.1B1.4B1.8B2.0B2.3B2.4B
Other Assets450.9M560.3M344.1M(1.7B)(1.5B)(1.5B)
Long Term Debt2.5B1.6B2.5B2.5B2.0B1.5B
Property Plant Equipment1.4B1.4B1.5B1.4B1.6B1.1B
Good Will2.9B2.9B3.0B3.1B3.2B2.0B
Intangible Assets451.5M408.4M391.6M346.6M321.9M273.3M
Treasury Stock(4.7B)(5.2B)(5.7B)(7.3B)(6.6B)(6.2B)
Other Liab732.3M721.4M779.7M793.2M912.2M957.8M
Net Tangible Assets(86.3M)279.4M(126.4M)461.2M415.1M435.8M
Retained Earnings Total Equity7.3B7.9B8.7B9.6B11.0B5.9B
Long Term Debt Total2.5B1.6B2.5B2.5B2.9B2.1B
Capital Surpluse245.2M227.9M171.5M98.9M113.7M177.7M

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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.