Cintas Corporation (CTAS) Debt to Assets Ratio: 0.27%
The debt to assets ratio for Cintas Corporation (CTAS) is 0.27% as of Wednesday, June 17, 2026.
CTAS Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.27%
CTAS Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Cintas Corporation (CTAS) | $67.88B | 0.27% |
| Comfort Systems USA, Inc. (FIX)vs › | $68.00B | 0.12% |
| Norfolk Southern Corporation (NSC)vs › | $67.50B | 0.38% |
| PACCAR Inc (PCAR)vs › | $63.41B | 0.00% |
| Rocket Lab USA, Inc. (RKLB)vs › | $60.57B | 0.11% |
| Illinois Tool Works Inc. (ITW)vs › | $77.30B | 0.56% |
| L3Harris Technologies, Inc. (LHX)vs › | $57.84B | 0.27% |
| Delta Air Lines, Inc. (DAL)vs › | $54.62B | 0.26% |
| AMETEK, Inc. (AME)vs › | $53.15B | 0.15% |
| Fastenal Company (FAST)vs › | $52.83B | 0.09% |
Leverage Ratios Comparison
Debt/Assets
0.3%
Debt/Equity
0.57
Current Ratio
2.09
Interest Coverage
23.3x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Cintas Corporation Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cintas Corporation Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Cintas Corporation (CTAS)?
- The debt to assets ratio for CTAS stock is 0.27%.
About Cintas Corporation
Cintas Corporation specializes in supplying professional uniforms and a range of essential business services primarily across the United States, Canada, and Latin America. The company's operations are divided into three main divisions: Uniform Rental and Facility Services, First Aid and Safety Services, and an 'All Other' segment. Within its Uniform Rental and Facility Services division, Cintas offers rental and maintenance for various workwear, including flame-resistant apparel, alongside floor mats, mops, and industrial towels. This segment also manages restroom sanitation solutions, providing both cleaning services and supplies, and directly sells new uniforms. Additionally, its First Aid and Safety Services segment delivers comprehensive first aid programs, safety solutions, and fire suppression products and services. Cintas reaches its diverse clientele, ranging from small service and manufacturing businesses to large corporate entities, through an extensive distribution network, dedicated local delivery routes, and direct representatives. Established in 1968, Cintas Corporation maintains its headquarters in Cincinnati, Ohio.
- Sector
- Industrials
- Industry
- Specialty Business Services
- CEO
- Todd Schneider