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
Intuit (NASDAQ:INTU) Could Easily Take On More Debt
Aug 30
Intuit (NASDAQ:INTU) Has A Rock Solid Balance Sheet
Mar 18Recent updates
Intuit: Mix Of Headwinds Collides With Unsustainable Valuation
Nov 22What To Expect Before Intuit's Earnings
Nov 13Why Investors Shouldn't Be Surprised By Intuit Inc.'s (NASDAQ:INTU) P/E
Nov 10Intuit: The Leader In Automated Accounting Is Worth Investing In
Oct 23Intuit Inc.'s (NASDAQ:INTU) Intrinsic Value Is Potentially 58% Above Its Share Price
Sep 29Intuit: Sell On Oversaturation And Overvaluation (Rating Downgrade)
Sep 20Intuit Inc. (NASDAQ:INTU) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Sep 06Intuit (NASDAQ:INTU) Could Easily Take On More Debt
Aug 30Intuit: A Mini-Microsoft In The Making?
Aug 29Intuit: Expect Strong Growth, But Not Strong Upside, With Upcoming Earnings
Aug 20Intuit: Significant Progress Is Needed To Justify Current Share Price
Jul 26With Intuit Inc. (NASDAQ:INTU) It Looks Like You'll Get What You Pay For
Jul 15Intuit Should Burn Off Its Rally, It Likely Doesn't Deserve Such A High Premium
Jul 05Intuit (NASDAQ:INTU) Will Be Hoping To Turn Its Returns On Capital Around
Jun 05Intuit Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
May 25Intuit Earnings: Let's Look Beyond The Short-Term Noise
May 24Are Investors Undervaluing Intuit Inc. (NASDAQ:INTU) By 23%?
May 23Intuit: Likely Overvalued As AI Bubble Peaks, Offset By Impressive Growth Rate
Apr 16We Ran A Stock Scan For Earnings Growth And Intuit (NASDAQ:INTU) Passed With Ease
Apr 09Investors Still Waiting For A Pull Back In Intuit Inc. (NASDAQ:INTU)
Mar 29Intuit (NASDAQ:INTU) Has A Rock Solid Balance Sheet
Mar 18Intuit: Valuation Is Once Again At Unsustainable Levels (Rating Downgrade)
Mar 08Why Intuit Inc. (NASDAQ:INTU) Could Be Worth Watching
Feb 25Intuit: Accounting Software Leader, Fairly Priced (Rating Downgrade)
Feb 17Intuit's (NASDAQ:INTU) Returns On Capital Not Reflecting Well On The Business
Feb 14Calculating The Intrinsic Value Of Intuit Inc. (NASDAQ:INTU)
Feb 03Intuit: Don't Ignore The Non-GAAP Elephant In The Room
Jan 29Intuit: Rating Upgrade As The Business Is A Lot More Resilient Than I Thought
Jan 11What You Can Learn From Intuit Inc.'s (NASDAQ:INTU) P/E
Dec 22With EPS Growth And More, Intuit (NASDAQ:INTU) Makes An Interesting Case
Dec 11Should You Think About Buying Intuit Inc. (NASDAQ:INTU) Now?
Nov 10Intuit Inc. (NASDAQ:INTU) Shares Could Be 24% Below Their Intrinsic Value Estimate
Oct 30Financial 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).