Debt to EBITDA ratio Analysis of Cintas Corporation - Deep Dive
Debt to EBITDA of CTAS
May-231.14Very Good Debt to EBITDA | May-221.43Very Good Debt to EBITDA | Growth-20.00% |
Debt to EBITDA Analysis of Cintas Corporation
Debt to EBITDA Ratio 1.14 of Cintas Corporation shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of CTAS has fallen by -20.00 % Compared to previous Financial Year. |
Debt to EBITDA Ratio with value of 1.82 was highest in Year May-19 in last Five Years. |
Debt to EBITDA Ratio of CTAS trending down for at least three Years. |
Latest Debt to EBITDA Ratio with value of 1.14 is lower than Average Debt to EBITDA of 1.50 in last five years. |
Other Debt to EBITDA Related Info of CTAS that may interest you.
Cintas Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CTAS | 707.44 | 695.69 | 1.69 % | Specialty Business Services |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..![Debt to EBITDA Formula Debt to EBITDA Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEBITDA.jpg)
Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Mild Stability |
FY - Historical Debt to EBITDA of Cintas Corporation
Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 1.14 | 1.43 | 1.46 | 1.67 | 1.82 | 3.93 | 3.15 |
Change | -20.00 % | -1.98 % | -12.95 % | -7.95 % | -53.75 % | 24.75 % | 188.49 % |
FY Chart of Debt to EBITDA of Cintas Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)