Cintas Non Operating Income Net Other vs Net Income 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 Non Operating Income Net Other and its Net Income 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.

Non Operating Income Net Other vs Net Income

Non Operating Income Net Other vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cintas Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cintas' Non Operating Income Net Other and Net Income is -0.23. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Income in the same time period over historical financial statements of Cintas, assuming nothing else is changed. The correlation between historical values of Cintas' Non Operating Income Net Other and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Cintas are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Non Operating Income Net Other i.e., Cintas' Non Operating Income Net Other and Net Income go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Operating Income Net Other

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cintas financial statement analysis. It represents the amount of money remaining after all of Cintas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Profit	3.6B	4.2B	4.7B	4.9B
Total Revenue	7.9B	8.8B	9.6B	10.1B

Gross Profit Total Revenue

Cintas 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.94	0.79	0.89	0.97	0.99	0.9	0.95	0.07	0.99	0.44	-0.06	0.93	0.68	0.93	0.58	0.42	-0.9	0.98	0.72	0.96	0.2	0.96	0.84	0.71	0.84
Short Long Term Debt Total	0.94		0.59	0.79	0.83	0.93	0.99	0.82	-0.1	0.97	0.23	-0.19	0.82	0.5	0.98	0.65	0.21	-0.78	0.99	0.56	0.83	0.22	0.84	0.69	0.63	0.69
Other Current Liab	0.79	0.59		0.76	0.88	0.78	0.56	0.87	0.09	0.75	0.61	-0.06	0.81	0.77	0.6	0.36	0.58	-0.85	0.68	0.72	0.84	0.01	0.87	0.86	0.75	0.86
Total Current Liabilities	0.89	0.79	0.76		0.89	0.86	0.72	0.91	0.25	0.85	0.6	0.11	0.85	0.83	0.69	0.35	0.54	-0.89	0.84	0.79	0.92	0.12	0.87	0.87	0.72	0.87
Total Stockholder Equity	0.97	0.83	0.88	0.89		0.96	0.77	0.97	0.21	0.93	0.59	0.06	0.94	0.74	0.82	0.45	0.57	-0.92	0.89	0.81	0.98	0.18	0.97	0.88	0.69	0.88
Property Plant And Equipment Net	0.99	0.93	0.78	0.86	0.96		0.89	0.94	0.07	0.98	0.44	-0.05	0.93	0.61	0.92	0.54	0.43	-0.88	0.96	0.74	0.95	0.2	0.94	0.81	0.66	0.81
Net Debt	0.9	0.99	0.56	0.72	0.77	0.89		0.78	-0.26	0.95	0.18	-0.34	0.78	0.46	0.98	0.66	0.13	-0.75	0.97	0.5	0.76	0.2	0.8	0.67	0.64	0.67
Retained Earnings	0.95	0.82	0.87	0.91	0.97	0.94	0.78		0.08	0.91	0.64	-0.07	0.93	0.8	0.81	0.45	0.57	-0.98	0.89	0.83	0.97	0.11	0.98	0.95	0.78	0.95
Cash	0.07	-0.1	0.09	0.25	0.21	0.07	-0.26	0.08		-0.02	0.22	0.95	0.09	0.18	-0.17	-0.17	0.43	0.0	-0.05	0.22	0.26	0.08	0.06	0.02	-0.19	0.01
Non Current Assets Total	0.99	0.97	0.75	0.85	0.93	0.98	0.95	0.91	-0.02		0.37	-0.14	0.9	0.62	0.96	0.61	0.34	-0.87	0.99	0.67	0.92	0.22	0.93	0.8	0.7	0.8
Non Currrent Assets Other	0.44	0.23	0.61	0.6	0.59	0.44	0.18	0.64	0.22	0.37		0.0	0.55	0.65	0.2	-0.36	0.9	-0.65	0.31	0.91	0.56	-0.05	0.64	0.75	0.47	0.75
Cash And Short Term Investments	-0.06	-0.19	-0.06	0.11	0.06	-0.05	-0.34	-0.07	0.95	-0.14	0.0		-0.06	0.03	-0.26	-0.1	0.22	0.14	-0.15	0.01	0.12	0.06	-0.1	-0.16	-0.31	-0.16
Net Receivables	0.93	0.82	0.81	0.85	0.94	0.93	0.78	0.93	0.09	0.9	0.55	-0.06		0.7	0.8	0.37	0.48	-0.88	0.87	0.78	0.93	0.12	0.91	0.84	0.65	0.84
Common Stock Shares Outstanding	0.68	0.5	0.77	0.83	0.74	0.61	0.46	0.8	0.18	0.62	0.65	0.03	0.7		0.44	0.27	0.52	-0.85	0.59	0.65	0.77	-0.01	0.75	0.9	0.71	0.9
Non Current Liabilities Total	0.93	0.98	0.6	0.69	0.82	0.92	0.98	0.81	-0.17	0.96	0.2	-0.26	0.8	0.44		0.68	0.19	-0.77	0.97	0.53	0.81	0.21	0.85	0.68	0.62	0.68
Inventory	0.58	0.65	0.36	0.35	0.45	0.54	0.66	0.45	-0.17	0.61	-0.36	-0.1	0.37	0.27	0.68		-0.33	-0.44	0.66	-0.1	0.49	0.12	0.43	0.31	0.47	0.32
Other Current Assets	0.42	0.21	0.58	0.54	0.57	0.43	0.13	0.57	0.43	0.34	0.9	0.22	0.48	0.52	0.19	-0.33		-0.54	0.28	0.87	0.55	-0.1	0.6	0.62	0.29	0.61
Other Stockholder Equity	-0.9	-0.78	-0.85	-0.89	-0.92	-0.88	-0.75	-0.98	0.0	-0.87	-0.65	0.14	-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
Total Liab	0.98	0.99	0.68	0.84	0.89	0.96	0.97	0.89	-0.05	0.99	0.31	-0.15	0.87	0.59	0.97	0.66	0.28	-0.85		0.62	0.9	0.2	0.9	0.77	0.7	0.77
Property Plant And Equipment Gross	0.72	0.56	0.72	0.79	0.81	0.74	0.5	0.83	0.22	0.67	0.91	0.01	0.78	0.65	0.53	-0.1	0.87	-0.8	0.62		0.79	0.1	0.84	0.83	0.53	0.83
Total Current Assets	0.96	0.83	0.84	0.92	0.98	0.95	0.76	0.97	0.26	0.92	0.56	0.12	0.93	0.77	0.81	0.49	0.55	-0.93	0.9	0.79		0.14	0.96	0.88	0.7	0.89
Short Term Debt	0.2	0.22	0.01	0.12	0.18	0.2	0.2	0.11	0.08	0.22	-0.05	0.06	0.12	-0.01	0.21	0.12	-0.1	-0.05	0.2	0.1	0.14		0.14	0.02	-0.19	0.02
Accounts Payable	0.96	0.84	0.87	0.87	0.97	0.94	0.8	0.98	0.06	0.93	0.64	-0.1	0.91	0.75	0.85	0.43	0.6	-0.95	0.9	0.84	0.96	0.14		0.93	0.74	0.93
Common Stock Total Equity	0.84	0.69	0.86	0.87	0.88	0.81	0.67	0.95	0.02	0.8	0.75	-0.16	0.84	0.9	0.68	0.31	0.62	-0.98	0.77	0.83	0.88	0.02	0.93		0.82	1.0
Short Term Investments	0.71	0.63	0.75	0.72	0.69	0.66	0.64	0.78	-0.19	0.7	0.47	-0.31	0.65	0.71	0.62	0.47	0.29	-0.82	0.7	0.53	0.7	-0.19	0.74	0.82		0.83
Common Stock	0.84	0.69	0.86	0.87	0.88	0.81	0.67	0.95	0.01	0.8	0.75	-0.16	0.84	0.9	0.68	0.32	0.61	-0.98	0.77	0.83	0.89	0.02	0.93	1.0	0.83

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Cintas Account Relationship Matchups

Cintas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	8.2B	8.1B	8.5B	8.9B	9.3B
Short Long Term Debt Total	2.7B	2.7B	3.0B	2.7B	2.7B	2.8B
Other Current Liab	611.2M	738.1M	760.4M	871.6M	929.7M	976.2M
Total Current Liabilities	885.2M	1.9B	1.4B	1.2B	1.8B	1.9B
Total Stockholder Equity	3.2B	3.7B	3.3B	3.9B	4.3B	4.5B
Property Plant And Equipment Net	1.6B	1.5B	1.5B	1.6B	1.7B	1.8B
Net Debt	2.6B	2.2B	2.9B	2.5B	2.3B	2.4B
Retained Earnings	7.3B	7.9B	8.7B	9.6B	10.6B	11.1B
Cash	145.4M	493.6M	90.5M	124.1M	342.0M	359.1M
Non Current Assets Total	5.4B	5.4B	5.5B	5.6B	5.7B	6.0B
Non Currrent Assets Other	(127.8M)	(76.2M)	(129.7M)	100.5M	1.4B	1.5B
Cash And Short Term Investments	145.4M	493.6M	90.5M	124.1M	342.0M	186.6M
Net Receivables	870.4M	924.0M	1.0B	1.2B	1.2B	1.3B
Common Stock Shares Outstanding	107.0M	430.8M	422.1M	413.5M	413.5M	434.1M
Liabilities And Stockholders Equity	7.7B	8.2B	8.1B	8.5B	9.5B	10.0B
Non Current Liabilities Total	3.5B	2.6B	3.4B	3.5B	3.0B	3.2B
Inventory	1.2B	1.3B	1.4B	1.5B	410.2M	426.8M
Other Current Assets	114.6M	133.8M	124.7M	142.8M	1.2B	1.2B
Other Stockholder Equity	(5.0B)	(5.7B)	(7.3B)	(7.8B)	(8.7B)	(8.3B)
Total Liab	4.4B	4.5B	4.8B	4.7B	4.6B	4.8B
Property Plant And Equipment Gross	1.6B	1.5B	1.5B	1.6B	4.3B	4.5B
Total Current Assets	2.3B	2.8B	2.6B	2.9B	3.2B	3.3B
Accumulated Other Comprehensive Income	(153.4M)	30.9M	107.9M	77.8M	91.2M	95.8M
Short Term Debt	43.0M	942.9M	399.3M	43.7M	541.0M	568.1M
Accounts Payable	231.0M	230.8M	251.5M	302.3M	339.2M	356.1M
Common Stock Total Equity	1.1B	1.4B	1.8B	2.0B	2.3B	2.5B
Common Stock	1.1B	1.4B	1.8B	2.0B	2.3B	2.4B
Other Assets	450.9M	560.3M	344.1M	(1.7B)	(1.5B)	(1.5B)
Long Term Debt	2.5B	1.6B	2.5B	2.5B	2.0B	1.5B
Property Plant Equipment	1.4B	1.4B	1.5B	1.4B	1.6B	1.1B
Good Will	2.9B	2.9B	3.0B	3.1B	3.2B	2.0B
Intangible Assets	451.5M	408.4M	391.6M	346.6M	321.9M	273.3M
Treasury Stock	(4.7B)	(5.2B)	(5.7B)	(7.3B)	(6.6B)	(6.2B)
Other Liab	732.3M	721.4M	779.7M	793.2M	912.2M	957.8M
Net Tangible Assets	(86.3M)	279.4M	(126.4M)	461.2M	415.1M	435.8M
Retained Earnings Total Equity	7.3B	7.9B	8.7B	9.6B	11.0B	5.9B
Long Term Debt Total	2.5B	1.6B	2.5B	2.5B	2.9B	2.1B
Capital Surpluse	245.2M	227.9M	171.5M	98.9M	113.7M	177.7M

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