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Intuit LT-Debt-to-Total-Asset

: 0.03 (As of Apr. 2020)
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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. 2020 was 0.03.

Intuit's long-term debt to total assets ratio declined from Apr. 2019 (0.06) to Apr. 2020 (0.03). It may suggest that Intuit is progressively becoming less dependent on debt to grow their business.


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

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Intuit Annual Data
Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.12 0.11 0.08 0.06

Intuit Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.11 0.10 0.03

Intuit LT-Debt-to-Total-Asset Calculation

Intuit's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2019 is calculated as

LT Debt to Total Assets (A: Jul. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2019 )/Total Assets (A: Jul. 2019 )
=386/6283
=0.06

Intuit's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2020 is calculated as

LT Debt to Total Assets (Q: Apr. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2020 )/Total Assets (Q: Apr. 2020 )
=263/7764
=0.03

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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


Intuit LT-Debt-to-Total-Asset Headlines

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