Intuit Good Will vs Property Plant And Equipment Net Analysis

INTU Stock  USD 670.56  23.49  3.63%   
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 Good Will and its Property Plant And Equipment Net 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.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Intuit's Good Will and Property Plant And Equipment Net is 0.83. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net 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 Good Will and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Intuit Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Intuit's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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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

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