Cintas Corporation (CTAS)
Debt-to-assets ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,825,240 | 9,611,140 | 9,366,530 | 9,068,710 | 9,481,300 | 8,978,880 | 8,813,870 | 8,719,680 | 8,546,360 | 8,466,000 | 8,427,010 | 8,261,030 | 8,147,260 | 8,168,600 | 8,017,410 | 7,857,750 | 8,236,820 | 8,347,500 | 8,454,750 | 8,043,380 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,825,240K
= 0.00
The data indicates that Cintas Corporation's debt-to-assets ratio has consistently remained at 0.00 throughout the analyzed period, spanning from August 31, 2020, through May 31, 2025. This consistent zero value suggests that the company's reported total liabilities are negligible or potentially non-existent relative to its total assets during these periods. As a result, the firm demonstrates an extremely low or possibly non-existent leverage risk, implying that its assets are financed entirely through equity or internal funds. Such a financial structure indicates a conservative approach to debt utilization or possibly a data reporting anomaly, but based solely on the provided figures, the company exhibits no measurable debt obligations in relation to its assets throughout the specified timeline.
Peer comparison
May 31, 2025