INTU (Intuit) LT-Debt-to-Total-Asset : 0.18 (As of Apr. 2025)

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What is Intuit LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Intuit's long-term debt to total assests ratio for the quarter that ended in Apr. 2025 was 0.18.

Intuit's long-term debt to total assets ratio declined from Apr. 2024 (0.20) to Apr. 2025 (0.18). It may suggest that Intuit is progressively becoming less dependent on debt to grow their business.

Intuit LT-Debt-to-Total-Asset Historical Data

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

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Intuit LT-Debt-to-Total-Asset Chart

Intuit Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.21

0.16

0.25

0.24

0.19

Intuit Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.19	0.19	0.20	0.18

Intuit LT-Debt-to-Total-Asset Calculation

Intuit's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	5997	/	32132
	=	0.19

Intuit's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2025 is calculated as

LT Debt to Total Assets (Q: Apr. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2025 )	/	Total Assets (Q: Apr. 2025 )
	=	6520	/	36593
	=	0.18

Intuit (NAS:INTU) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Intuit LT-Debt-to-Total-Asset Related Terms

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Intuit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (NAS:INTU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

INTU:Mexico 1INTU:Italy ITUd:UK 0JCT:UK ITU:Germany ITU:Germany ITU:Germany ITU:Germany INTU34:Brazil

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.

Executives

Laura A Fennell	officer: VP, General Counsel, Corp. Sec	C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Mark P. Notarainni	officer: EVP, Consumer Group	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla	officer: EVP and CFO	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Scott D Cook	director, officer: Chairman, Executive Committee	C/O INTUIT INC, 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean	officer: SVP, General Counsel	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel	officer: EVP, Chief Technology Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Eve B Burton	director	770 BROADWAY, NEW YORK NY 10003
Lauren D Hotz	officer: VP, Chief Accounting Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sasan K Goodarzi	officer: Senior Vice President	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Alex G. Balazs	officer: EVP, Chief Technology Officer	C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Raul Vazquez	director	500 STAPLES DR., FRAMINGHAM MA 01702
James Alexander Chriss	officer: EVP and GM SBSEG	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck	officer: EVP and CFO	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky	director	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan	director	C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113