Intuit (BSP:INTU34) Debt-to-Asset : 0.22 (As of Jan. 2024)

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What is Intuit Debt-to-Asset?

Intuit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$398 Mil. Intuit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$31,590 Mil. Intuit's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was R$146,012 Mil. Intuit's debt to asset for the quarter that ended in Jan. 2024 was 0.22.

Intuit Debt-to-Asset Historical Data

The historical data trend for Intuit's Debt-to-Asset 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.

* Premium members only.

Intuit Debt-to-Asset Chart

Intuit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Asset

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0.07

0.33

0.16

0.27

0.24

Intuit Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial															0.28	0.25	0.24	0.23	0.22

Competitive Comparison of Intuit's Debt-to-Asset

For the Software - Application subindustry, Intuit's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset Distribution in the Software Industry

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

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

Intuit Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Intuit's Debt-to-Asset for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(427.245	+	31683.3)	/	133357.89
	=	0.24

Intuit's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(398.374	+	31589.599)	/	146011.522
	=	0.22

Intuit (BSP:INTU34) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Intuit Debt-to-Asset Related Terms

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Intuit (BSP:INTU34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (BSP:INTU34) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

INTU:USA INTU:Mexico 1INTU:Italy ITUd:UK ITU:Germany INTU:Austria

Address

2700 Coast Avenue, Mountain View, CA, USA, 94043

Website

https://www.intuit.com

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 U.S. market share for small-business accounting and DIY tax-filing software.

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