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Cintas (Cintas) Scaled Net Operating Assets : 0.77 (As of Feb. 2024)


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What is Cintas Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cintas's operating assets for the quarter that ended in Feb. 2024 was $8,850 Mil. Cintas's operating liabilities for the quarter that ended in Feb. 2024 was $2,079 Mil. Cintas's Total Assets for the quarter that ended in Nov. 2023 was $8,814 Mil. Therefore, Cintas's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.77.


Cintas Scaled Net Operating Assets Historical Data

The historical data trend for Cintas's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cintas Scaled Net Operating Assets Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.78 0.77 0.75 0.79

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.76 0.78 0.78 0.77

Competitive Comparison of Cintas's Scaled Net Operating Assets

For the Specialty Business Services subindustry, Cintas's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cintas's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cintas's Scaled Net Operating Assets falls into.



Cintas Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cintas's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2023 )
=(Operating Assets (A: May. 2023 )-Operating Liabilities (A: May. 2023 ))/Total Assets (A: May. 2022 )
=(8422.207-2013.977)/8147.256
=0.79

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8546.356 - 124.149
=8422.207

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4682.37 - 2624.683 - 43.71
=2013.977

Cintas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(8850.392-2079.394)/8813.869
=0.77

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8978.875 - 128.483
=8850.392

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4744.792 - 2620.968 - 44.43
=2079.394

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cintas Scaled Net Operating Assets Related Terms

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Cintas (Cintas) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
J. Michael Hansen officer: VP & CFO 6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
Ronald W Tysoe director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Robert E. Coletti director, officer: Assistant Secretary P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262
Melanie W. Barstad director P.O. BOX 625737, MASON OH 45040
David Brock Denton officer: Sr VP, Secretary & Gen Counsel P.O. BOX 625737, CINCINNATI OH 45262
John F Barrett director
Michael Lawrence Thompson officer: Executive Vice President & CAO 6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Todd M. Schneider director, officer: CEO and Director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Gerald S Adolph director 101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178
Jim Rozakis officer: Executive Vice President & COO 6800 CINTAS BLVD, CINCINNATI OH 45262
Martin Mucci director 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Thomas E Frooman officer: VP, Secretary & Gen. Counsel
James J Johnson director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James Phillip Holloman officer: President and COO P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262

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