Cintas Capital Lease Obligations from 2010 to 2025
| CTAS Stock | USD 203.22 3.03 1.47% |
Capital Lease Obligations | First Reported 2019-08-31 | Previous Quarter 195.9 M | Current Value 188.9 M | Quarterly Volatility 10.5 M |
Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 534.2 M, Interest Expense of 121.6 M or Selling General Administrative of 3.2 B, as well as many indicators such as Price To Sales Ratio of 6.79, Dividend Yield of 0.0073 or PTB Ratio of 15.09. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
Cintas | Capital Lease Obligations |
Latest Cintas' Capital Lease Obligations Growth Pattern
Below is the plot of the Capital Lease Obligations of Cintas over the last few years. Cintas capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cintas asset purchases. For example, Cintas can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cintas control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Cintas' Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cintas' overall financial position and show how it may be relating to other accounts over time.
| Capital Lease Obligations | 10 Years Trend |
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Capital Lease Obligations |
| Timeline |
Cintas Capital Lease Obligations Regression Statistics
| Arithmetic Mean | 174,757,134 | |
| Geometric Mean | 174,142,541 | |
| Coefficient Of Variation | 9.10 | |
| Mean Deviation | 11,533,202 | |
| Median | 165,726,000 | |
| Standard Deviation | 15,894,329 | |
| Sample Variance | 252.6T | |
| Range | 55.7M | |
| R-Value | 0.75 | |
| Mean Square Error | 118.1T | |
| R-Squared | 0.56 | |
| Significance | 0.0008 | |
| Slope | 2,506,654 | |
| Total Sum of Squares | 3789.4T |
Cintas Capital Lease Obligations History
About Cintas Financial Statements
Cintas shareholders use historical fundamental indicators, such as Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Cintas investors may analyze each financial statement separately, they are all interrelated. The changes in Cintas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cintas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Capital Lease Obligations | 221.4 M | 195.3 M |
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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.