GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (MEX:INTU) » Definitions » Cash-to-Debt

Intuit (MEX:INTU) Cash-to-Debt : 0.50 (As of Oct. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Intuit Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Intuit's cash to debt ratio for the quarter that ended in Oct. 2024 was 0.50.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Intuit couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

The historical rank and industry rank for Intuit's Cash-to-Debt or its related term are showing as below:

MEX:INTU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2   Med: 1.19   Max: 7.47
Current: 0.5

During the past 13 years, Intuit's highest Cash to Debt Ratio was 7.47. The lowest was 0.20. And the median was 1.19.

MEX:INTU's Cash-to-Debt is ranked worse than
74.65% of 2797 companies
in the Software industry
Industry Median: 2.33 vs MEX:INTU: 0.50

Intuit Cash-to-Debt Historical Data

The historical data trend for Intuit's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Intuit Cash-to-Debt Chart

Intuit Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.56 0.44 0.55 0.63

Intuit Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.23 0.72 0.63 0.50

Competitive Comparison of Intuit's Cash-to-Debt

For the Software - Application subindustry, Intuit's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuit's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Intuit's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Intuit's Cash-to-Debt falls into.



Intuit Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Intuit's Cash to Debt Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Intuit's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intuit  (MEX:INTU) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Intuit Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Intuit's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuit Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of US market share for small-business accounting and do-it-yourself tax-filing software.