Cintas Ebitda vs Ebit Analysis

CTAS Stock  USD 221.76  0.27  0.12%   
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 Ebitda and its Ebit 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 signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Ebitda vs Ebit

Ebitda vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Ebitda account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Cintas' Ebitda and Ebit is 1.0. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit in the same time period over historical financial statements of Cintas, assuming nothing else is changed. The correlation between historical values of Cintas' Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Cintas are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., Cintas' Ebitda and Ebit go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Ebit

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 signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.At this time, Cintas' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 29.64 in 2024, whereas Tax Provision is likely to drop slightly above 260.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.6B4.2B4.7B4.9B
Total Revenue7.9B8.8B9.6B10.1B

Cintas fundamental ratios Correlations

0.940.790.890.970.990.90.950.070.990.44-0.060.930.680.930.580.42-0.90.980.720.960.20.960.840.710.84
0.940.590.790.830.930.990.82-0.10.970.23-0.190.820.50.980.650.21-0.780.990.560.830.220.840.690.630.69
0.790.590.760.880.780.560.870.090.750.61-0.060.810.770.60.360.58-0.850.680.720.840.010.870.860.750.86
0.890.790.760.890.860.720.910.250.850.60.110.850.830.690.350.54-0.890.840.790.920.120.870.870.720.87
0.970.830.880.890.960.770.970.210.930.590.060.940.740.820.450.57-0.920.890.810.980.180.970.880.690.88
0.990.930.780.860.960.890.940.070.980.44-0.050.930.610.920.540.43-0.880.960.740.950.20.940.810.660.81
0.90.990.560.720.770.890.78-0.260.950.18-0.340.780.460.980.660.13-0.750.970.50.760.20.80.670.640.67
0.950.820.870.910.970.940.780.080.910.64-0.070.930.80.810.450.57-0.980.890.830.970.110.980.950.780.95
0.07-0.10.090.250.210.07-0.260.08-0.020.220.950.090.18-0.17-0.170.430.0-0.050.220.260.080.060.02-0.190.01
0.990.970.750.850.930.980.950.91-0.020.37-0.140.90.620.960.610.34-0.870.990.670.920.220.930.80.70.8
0.440.230.610.60.590.440.180.640.220.370.00.550.650.2-0.360.9-0.650.310.910.56-0.050.640.750.470.75
-0.06-0.19-0.060.110.06-0.05-0.34-0.070.95-0.140.0-0.060.03-0.26-0.10.220.14-0.150.010.120.06-0.1-0.16-0.31-0.16
0.930.820.810.850.940.930.780.930.090.90.55-0.060.70.80.370.48-0.880.870.780.930.120.910.840.650.84
0.680.50.770.830.740.610.460.80.180.620.650.030.70.440.270.52-0.850.590.650.77-0.010.750.90.710.9
0.930.980.60.690.820.920.980.81-0.170.960.2-0.260.80.440.680.19-0.770.970.530.810.210.850.680.620.68
0.580.650.360.350.450.540.660.45-0.170.61-0.36-0.10.370.270.68-0.33-0.440.66-0.10.490.120.430.310.470.32
0.420.210.580.540.570.430.130.570.430.340.90.220.480.520.19-0.33-0.540.280.870.55-0.10.60.620.290.61
-0.9-0.78-0.85-0.89-0.92-0.88-0.75-0.980.0-0.87-0.650.14-0.88-0.85-0.77-0.44-0.54-0.85-0.8-0.93-0.05-0.95-0.98-0.82-0.98
0.980.990.680.840.890.960.970.89-0.050.990.31-0.150.870.590.970.660.28-0.850.620.90.20.90.770.70.77
0.720.560.720.790.810.740.50.830.220.670.910.010.780.650.53-0.10.87-0.80.620.790.10.840.830.530.83
0.960.830.840.920.980.950.760.970.260.920.560.120.930.770.810.490.55-0.930.90.790.140.960.880.70.89
0.20.220.010.120.180.20.20.110.080.22-0.050.060.12-0.010.210.12-0.1-0.050.20.10.140.140.02-0.190.02
0.960.840.870.870.970.940.80.980.060.930.64-0.10.910.750.850.430.6-0.950.90.840.960.140.930.740.93
0.840.690.860.870.880.810.670.950.020.80.75-0.160.840.90.680.310.62-0.980.770.830.880.020.930.821.0
0.710.630.750.720.690.660.640.78-0.190.70.47-0.310.650.710.620.470.29-0.820.70.530.7-0.190.740.820.83
0.840.690.860.870.880.810.670.950.010.80.75-0.160.840.90.680.320.61-0.980.770.830.890.020.931.00.83
Click cells to compare fundamentals

Cintas Account Relationship Matchups

Cintas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.2B8.1B8.5B8.9B9.3B
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 Total5.4B5.4B5.5B5.6B5.7B6.0B
Non Currrent Assets Other(127.8M)(76.2M)(129.7M)100.5M1.4B1.5B
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 Equity7.7B8.2B8.1B8.5B9.5B10.0B
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 Liab4.4B4.5B4.8B4.7B4.6B4.8B
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.