Intuit (BSP:INTU34) Long-Term Capital Lease Obligation : R$3,555 Mil (As of Apr. 2025)

View and export this data going back to 2019. Start your Free Trial

What is Intuit Long-Term Capital Lease Obligation?

Intuit's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2025 was R$3,555 Mil.

Intuit's quarterly Long-Term Capital Lease Obligation increased from Oct. 2024 (R$3,332 Mil) to Jan. 2025 (R$3,444 Mil) and increased from Jan. 2025 (R$3,444 Mil) to Apr. 2025 (R$3,555 Mil).

Intuit's annual Long-Term Capital Lease Obligation declined from Jul. 2022 (R$2,910 Mil) to Jul. 2023 (R$2,304 Mil) but then increased from Jul. 2023 (R$2,304 Mil) to Jul. 2024 (R$2,539 Mil).

Intuit Long-Term Capital Lease Obligation Historical Data

The historical data trend for Intuit's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

Intuit Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,165.44

1,961.22

2,909.56

2,304.24

2,539.06

Intuit Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,400.84	2,539.06	3,331.66	3,444.25	3,555.37

Intuit (BSP:INTU34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Intuit Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Intuit's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Intuit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (BSP:INTU34) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

INTU:USA INTU:Mexico 1INTU:Italy ITUd:UK 0JCT:UK ITU:Germany ITU:Germany ITU:Germany ITU:Germany

Address

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

Website

https://www.intuit.com

Intuit serves small and midsize businesses with accounting software QuickBooks and online marketing platform Mailchimp. The company also operates retail tax filing tool TurboTax, personal finance platform Credit Karma, and a suite of professional tax offerings for accountants. Founded in the mid-1980s, Intuit enjoys a dominant market share for small business accounting and do-it-yourself tax filing in the US.

Intuit Headlines

No Headlines