Intuit Balance Sheet Health
Financial Health criteria checks 5/6
Intuit has a total shareholder equity of $16.9B and total debt of $6.0B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $29.7B and $12.8B respectively. Intuit's EBIT is $3.5B making its interest coverage ratio 27.8. It has cash and short-term investments of $1.5B.
Key information
35.2%
Debt to equity ratio
US$5.95b
Debt
| Interest coverage ratio | 27.8x |
| Cash | US$1.49b |
| Equity | US$16.91b |
| Total liabilities | US$12.78b |
| Total assets | US$29.69b |
Recent financial health updates
Intuit (NASDAQ:INTU) Has A Rock Solid Balance Sheet
Mar 18
Is Intuit (NASDAQ:INTU) A Risky Investment?
Aug 21These 4 Measures Indicate That Intuit (NASDAQ:INTU) Is Using Debt Reasonably Well
May 15Is Intuit (NASDAQ:INTU) A Risky Investment?
Feb 07Recent updates
Intuit: 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 30Intuit (NASDAQ:INTU) Will Want To Turn Around Its Return Trends
Sep 27Here's Why We Think Intuit (NASDAQ:INTU) Might Deserve Your Attention Today
Sep 03Is Intuit (NASDAQ:INTU) A Risky Investment?
Aug 21Is Intuit Inc. (NASDAQ:INTU) Potentially Undervalued?
Aug 09Estimating The Fair Value Of Intuit Inc. (NASDAQ:INTU)
Jul 28Some Investors May Be Worried About Intuit's (NASDAQ:INTU) Returns On Capital
Jun 22These 4 Measures Indicate That Intuit (NASDAQ:INTU) Is Using Debt Reasonably Well
May 15Should You Think About Buying Intuit Inc. (NASDAQ:INTU) Now?
May 01A Look At The Intrinsic Value Of Intuit Inc. (NASDAQ:INTU)
Apr 16Is Intuit (NASDAQ:INTU) A Risky Investment?
Feb 07What Is Intuit Inc.'s (NASDAQ:INTU) Share Price Doing?
Jan 24A Look At The Intrinsic Value Of Intuit Inc. (NASDAQ:INTU)
Jan 11Financial Position Analysis
Short Term Liabilities: INTU's short term assets ($7.3B) exceed its short term liabilities ($6.2B).
Long Term Liabilities: INTU's short term assets ($7.3B) exceed its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: INTU's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: INTU's debt to equity ratio has increased from 14.8% to 35.2% over the past 5 years.
Debt Coverage: INTU's debt is well covered by operating cash flow (83.2%).
Interest Coverage: INTU's interest payments on its debt are well covered by EBIT (27.8x coverage).