Stock Analysis on Net

Cintas Corp. (NASDAQ:CTAS)

$22.49

This company has been moved to the archive! The financial data has not been updated since January 8, 2025.

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Cintas Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
Accounts payable
Accrued compensation and related liabilities
Insurance reserve
Employee benefit related liabilities
Dividends
Estimated legal reserves
Accrued interest
Other
Accrued liabilities
Income taxes, current
Operating lease liabilities, current
Debt due within one year
Current liabilities
Debt due after one year
Deferred income taxes
Operating lease liabilities, long-term
Accrued liabilities
Long-term liabilities
Total liabilities
Preferred stock, no par value, none outstanding
Common stock, no par value, and paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive income (loss)
Shareholders’ equity
Total liabilities and shareholders’ equity

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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Cintas Corp. current liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Cintas Corp. long-term liabilities increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Cintas Corp. total liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Cintas Corp. shareholders’ equity increased from 2022 to 2023 and from 2023 to 2024.