Cintas Corporation Announces Fiscal 2010 First Quarter Results
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Farmer continued, "While we gain some solace in the recent moderation of job loss, market conditions remain difficult and will continue to impact our businesses. However, we continue to be a market leader in our businesses, with state-of-the-art technology, extremely efficient operations and very dedicated employee-partners. In addition, our balance sheet and cash flow both continue to be strong, with our total cash and marketable securities increasing to over $350 million and our total debt to total capitalization ratio improving to 24.5 percent. The leadership position in our businesses combined with this strong financial condition will provide us enhanced opportunities when economic conditions improve."
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