Intuit Intangible Assets vs Long Term Debt Total Analysis

INTU Stock  USD 647.07  0.49  0.08%   
Intuit financial indicator trend analysis is infinitely more than just investigating Intuit Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuit Inc is a good investment. Please check the relationship between Intuit Intangible Assets and its Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Intangible Assets vs Long Term Debt Total

Intangible Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Intangible Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intuit's Intangible Assets and Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Intuit Inc, assuming nothing else is changed. The correlation between historical values of Intuit's Intangible Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Intuit Inc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Intuit's Intangible Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Long Term Debt Total

Most indicators from Intuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intuit Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Intuit's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 208.9 M in 2024, whereas Tax Provision is likely to drop slightly above 466.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.3B11.2B12.8B13.5B
Total Revenue12.7B14.4B16.3B17.1B

Intuit fundamental ratios Correlations

0.830.91.00.860.810.930.960.630.990.560.620.980.210.97-0.110.710.750.990.860.960.970.980.890.370.06
0.830.940.80.680.580.80.80.520.780.490.50.830.050.72-0.450.940.530.860.840.730.70.770.950.3-0.04
0.90.940.860.810.590.910.840.680.830.520.650.880.180.8-0.350.910.490.940.930.760.820.830.990.45-0.09
1.00.80.860.830.820.920.970.60.990.570.60.980.210.97-0.090.670.780.970.830.970.960.990.860.350.11
0.860.680.810.830.650.940.890.60.840.430.610.810.410.85-0.220.550.380.880.750.80.830.830.840.65-0.07
0.810.580.590.820.650.60.740.110.890.380.090.870.110.860.320.360.870.780.410.90.810.890.650.12-0.05
0.930.80.910.920.940.60.940.740.880.510.750.870.330.88-0.330.720.460.940.90.840.880.880.90.570.04
0.960.80.840.970.890.740.940.630.950.480.650.910.250.95-0.220.640.670.950.830.950.920.940.840.410.18
0.630.520.680.60.60.110.740.630.510.350.980.50.140.59-0.350.560.170.660.870.470.660.50.570.350.07
0.990.780.830.990.840.890.880.950.510.530.50.990.20.980.00.620.810.960.760.990.961.00.850.320.04
0.560.490.520.570.430.380.510.480.350.530.350.550.340.5-0.080.460.460.530.520.490.50.510.520.35-0.04
0.620.50.650.60.610.090.750.650.980.50.350.480.230.59-0.360.520.160.650.870.470.650.50.540.420.22
0.980.830.880.980.810.870.870.910.50.990.550.480.190.95-0.020.710.80.970.790.960.940.990.890.33-0.01
0.210.050.180.210.410.110.330.250.140.20.340.230.190.190.070.07-0.040.20.210.140.190.190.190.91-0.01
0.970.720.80.970.850.860.880.950.590.980.50.590.950.190.040.560.780.960.770.980.990.980.80.310.04
-0.11-0.45-0.35-0.09-0.220.32-0.33-0.22-0.350.0-0.08-0.36-0.020.070.04-0.490.32-0.14-0.40.030.070.01-0.35-0.22-0.11
0.710.940.910.670.550.360.720.640.560.620.460.520.710.070.56-0.490.360.750.850.530.570.620.890.33-0.08
0.750.530.490.780.380.870.460.670.170.810.460.160.8-0.040.780.320.360.680.430.840.760.810.5-0.130.18
0.990.860.940.970.880.780.940.950.660.960.530.650.970.20.96-0.140.750.680.880.930.960.960.930.39-0.02
0.860.840.930.830.750.410.90.830.870.760.520.870.790.210.77-0.40.850.430.880.70.810.760.870.440.1
0.960.730.760.970.80.90.840.950.470.990.490.470.960.140.980.030.530.840.930.70.950.990.780.240.11
0.970.70.820.960.830.810.880.920.660.960.50.650.940.190.990.070.570.760.960.810.950.960.80.310.03
0.980.770.830.990.830.890.880.940.51.00.510.50.990.190.980.010.620.810.960.760.990.960.850.310.03
0.890.950.990.860.840.650.90.840.570.850.520.540.890.190.8-0.350.890.50.930.870.780.80.850.46-0.11
0.370.30.450.350.650.120.570.410.350.320.350.420.330.910.31-0.220.33-0.130.390.440.240.310.310.46-0.12
0.06-0.04-0.090.11-0.07-0.050.040.180.070.04-0.040.22-0.01-0.010.04-0.11-0.080.18-0.020.10.110.030.03-0.11-0.12
Click cells to compare fundamentals

Intuit Account Relationship Matchups

Intuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9B15.5B27.7B27.8B32.1B33.7B
Other Current Liab779M2.0B2.3B448M5.3B5.6B
Total Current Liabilities3.5B2.7B3.6B3.8B7.5B7.9B
Total Stockholder Equity5.1B9.9B16.4B17.3B18.4B19.4B
Property Plant And Equipment Net960M1.2B1.4B1.4B1.4B1.5B
Net Debt(2.9B)(148M)4.7B3.8B3.0B3.1B
Retained Earnings10.9B12.3B13.6B15.1B17.0B17.8B
Accounts Payable305M623M737M638M721M757.1M
Cash6.4B2.6B2.8B2.8B3.6B3.8B
Non Current Assets Total3.0B10.4B22.7B22.2B22.5B23.6B
Non Currrent Assets Other225M283M344M417M541M568.1M
Cash And Short Term Investments7.1B3.9B3.3B3.7B4.1B4.3B
Net Receivables161M391M1.0B1.1B1.3B1.4B
Liabilities And Stockholders Equity10.9B15.5B27.7B27.8B32.1B33.7B
Non Current Liabilities Total2.3B3.0B7.7B6.7B6.2B6.5B
Other Current Assets1.4B896M718M354M4.3B4.5B
Other Stockholder Equity(5.8B)(2.4B)2.9B2.3B1.5B1.6B
Total Liab5.8B5.6B11.3B10.5B13.7B14.4B
Total Current Assets8.0B5.2B5.0B5.6B9.7B10.2B
Intangible Assets28M3.3B7.1B6.4B5.8B6.1B
Short Long Term Debt Total3.6B2.4B7.5B7.5B6.6B6.9B
Good Will1.7B5.6B13.7B13.8B13.8B14.5B
Property Plant And Equipment Gross960M1.2B1.4B1.4B2.8B2.9B
Short Term Investments608M1.3B485M814M465M641.9M
Other Assets290M291M355M481M553.2M280.6M
Long Term Debt2.0B2.0B6.4B6.1B5.5B5.8B
Short Term Debt1.3B66M583M1.4B570M340.2M
Property Plant Equipment960M1.2B1.4B969M1.1B657.9M
Current Deferred Revenue1.1B1.1B1.2B1.3B872M772.6M
Other Liab44M578M706M121M139.2M218.2M
Net Tangible Assets3.4B1.0B(4.4B)(2.9B)(2.6B)(2.5B)

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Additional Tools for Intuit Stock Analysis

When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.