Stock Analysis on Net
Stock Analysis on Net

Cintas Corp. (NASDAQ:CTAS)

Common-Size Balance Sheet: Assets

Cintas Corp., common-size consolidated balance sheet: assets

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May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
Cash and cash equivalents 3.73 1.45 1.11 5.99 1.90 1.30
Accounts receivable, principally trade, less allowance 13.57 13.49 12.35 10.95 11.35 12.24
Inventories, net 4.47 5.93 5.80 5.85 5.33 4.50
Uniforms and other rental items in service 11.34 11.84 11.25 9.84 10.04 10.54
Income taxes, current 0.00 0.00 0.27 0.27 0.00 0.10
Prepaid expenses and other current assets 1.62 1.67 1.53 1.62 1.49 1.39
Current assets 34.74% 34.38% 32.31% 34.52% 30.11% 30.07%
Property and equipment, net 16.73 16.34 16.25 16.01 18.29 19.24
Investments 3.30 2.89 2.98 3.33 2.80 2.59
Goodwill 35.04 35.76 37.35 35.37 37.42 38.22
Service contracts, net 3.51 4.06 4.81 4.96 5.89 6.65
Operating lease right-of-use assets, net 2.05 2.09 2.09 2.05 2.09 0.00
Other assets, net 4.63 4.48 4.22 3.77 3.40 3.23
Noncurrent assets 65.26% 65.62% 67.69% 65.48% 69.89% 69.93%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Cintas Corp. current assets as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Cintas Corp. property and equipment, net as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Cintas Corp. noncurrent assets as a percentage of total assets decreased from 2022 to 2023 and from 2023 to 2024.