Intuit Balance Sheet Health
Financial Health criteria checks 5/6
Intuit has a total shareholder equity of $18.1B and total debt of $6.1B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are $33.2B and $15.1B respectively. Intuit's EBIT is $3.8B making its interest coverage ratio 46.7. It has cash and short-term investments of $3.4B.
Key information
33.8%
Debt to equity ratio
US$6.12b
Debt
| Interest coverage ratio | 46.7x |
| Cash | US$3.36b |
| Equity | US$18.14b |
| Total liabilities | US$15.06b |
| Total assets | US$33.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INTU *'s short term assets ($10.7B) exceed its short term liabilities ($8.6B).
Long Term Liabilities: INTU *'s short term assets ($10.7B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: INTU *'s net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: INTU *'s debt to equity ratio has increased from 11.6% to 33.8% over the past 5 years.
Debt Coverage: INTU *'s debt is well covered by operating cash flow (87.2%).
Interest Coverage: INTU *'s interest payments on its debt are well covered by EBIT (46.7x coverage).