Intuit Total Current Liabilities vs Other Current Liab Analysis

INTU Stock

USD 613.84 13.42 2.24%

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 Total Current Liabilities and its Other Current Liab 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Intuit's Total Current Liabilities and Other Current Liab is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Intuit Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Intuit's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Intuit balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Intuit Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

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 2025, whereas Tax Provision is likely to drop slightly above 466.6 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	11.2B	12.8B	14.7B	15.5B
Total Revenue	14.4B	16.3B	18.7B	19.7B

Gross Profit Total Revenue

Intuit fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Good Will	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments
Total Assets		0.88	0.93	1.0	0.89	0.83	0.95	0.97	0.69	0.99	0.65	0.68	0.99	0.13	0.98	-0.19	0.8	0.75	0.99	0.9	0.97	0.97	0.99	0.92	0.35	-0.04
Other Current Liab	0.88		0.96	0.86	0.77	0.65	0.86	0.85	0.61	0.84	0.61	0.58	0.88	-0.02	0.79	-0.46	0.96	0.57	0.91	0.9	0.79	0.77	0.84	0.97	0.28	-0.13
Total Current Liabilities	0.93	0.96		0.9	0.86	0.66	0.93	0.88	0.72	0.87	0.63	0.69	0.92	0.09	0.84	-0.38	0.95	0.54	0.96	0.95	0.81	0.85	0.88	0.99	0.4	-0.17
Total Stockholder Equity	1.0	0.86	0.9		0.87	0.84	0.94	0.98	0.67	0.99	0.65	0.66	0.98	0.14	0.98	-0.17	0.77	0.78	0.98	0.88	0.98	0.97	0.99	0.9	0.34	0.01
Property Plant And Equipment Net	0.89	0.77	0.86	0.87		0.71	0.95	0.91	0.67	0.88	0.54	0.67	0.86	0.32	0.88	-0.28	0.68	0.45	0.91	0.81	0.85	0.87	0.87	0.87	0.62	-0.13
Net Debt	0.83	0.65	0.66	0.84	0.71		0.67	0.79	0.23	0.9	0.48	0.21	0.88	0.07	0.88	0.22	0.5	0.88	0.81	0.52	0.92	0.84	0.9	0.7	0.14	-0.11
Retained Earnings	0.95	0.86	0.93	0.94	0.95	0.67		0.96	0.78	0.91	0.61	0.78	0.91	0.23	0.9	-0.38	0.81	0.52	0.96	0.93	0.87	0.9	0.91	0.93	0.53	-0.05
Accounts Payable	0.97	0.85	0.88	0.98	0.91	0.79	0.96		0.69	0.96	0.59	0.71	0.94	0.17	0.96	-0.28	0.74	0.69	0.96	0.87	0.96	0.94	0.96	0.88	0.4	0.08
Cash	0.69	0.61	0.72	0.67	0.67	0.23	0.78	0.69		0.59	0.45	0.99	0.59	0.1	0.66	-0.39	0.63	0.25	0.72	0.88	0.56	0.72	0.59	0.64	0.36	0.01
Non Current Assets Total	0.99	0.84	0.87	0.99	0.88	0.9	0.91	0.96	0.59		0.63	0.58	0.99	0.13	0.99	-0.1	0.73	0.81	0.97	0.82	0.99	0.97	1.0	0.88	0.32	-0.04
Non Currrent Assets Other	0.65	0.61	0.63	0.65	0.54	0.48	0.61	0.59	0.45	0.63		0.44	0.65	0.27	0.59	-0.15	0.59	0.52	0.63	0.62	0.58	0.59	0.61	0.62	0.35	-0.1
Cash And Short Term Investments	0.68	0.58	0.69	0.66	0.67	0.21	0.78	0.71	0.99	0.58	0.44		0.57	0.18	0.65	-0.4	0.6	0.25	0.7	0.87	0.55	0.7	0.58	0.62	0.42	0.15
Net Receivables	0.99	0.88	0.92	0.98	0.86	0.88	0.91	0.94	0.59	0.99	0.65	0.57		0.11	0.96	-0.12	0.81	0.79	0.98	0.85	0.96	0.95	0.99	0.93	0.32	-0.1
Common Stock Shares Outstanding	0.13	-0.02	0.09	0.14	0.32	0.07	0.23	0.17	0.1	0.13	0.27	0.18	0.11		0.13	0.08	0.0	-0.06	0.12	0.12	0.09	0.13	0.12	0.09	0.86	0.01
Non Current Liabilities Total	0.98	0.79	0.84	0.98	0.88	0.88	0.9	0.96	0.66	0.99	0.59	0.65	0.96	0.13		-0.05	0.67	0.79	0.96	0.82	0.98	0.99	0.98	0.84	0.32	-0.04
Inventory	-0.19	-0.46	-0.38	-0.17	-0.28	0.22	-0.38	-0.28	-0.39	-0.1	-0.15	-0.4	-0.12	0.08	-0.05		-0.49	0.26	-0.21	-0.43	-0.05	-0.02	-0.08	-0.39	-0.21	-0.06
Other Current Assets	0.8	0.96	0.95	0.77	0.68	0.5	0.81	0.74	0.63	0.73	0.59	0.6	0.81	0.0	0.67	-0.49		0.44	0.84	0.9	0.65	0.68	0.74	0.94	0.31	-0.17
Other Stockholder Equity	0.75	0.57	0.54	0.78	0.45	0.88	0.52	0.69	0.25	0.81	0.52	0.25	0.79	-0.06	0.79	0.26	0.44		0.7	0.5	0.85	0.77	0.81	0.55	-0.11	0.11
Total Liab	0.99	0.91	0.96	0.98	0.91	0.81	0.96	0.96	0.72	0.97	0.63	0.7	0.98	0.12	0.96	-0.21	0.84	0.7		0.92	0.94	0.96	0.97	0.95	0.37	-0.1
Total Current Assets	0.9	0.9	0.95	0.88	0.81	0.52	0.93	0.87	0.88	0.82	0.62	0.87	0.85	0.12	0.82	-0.43	0.9	0.5	0.92		0.77	0.85	0.82	0.91	0.41	-0.01
Intangible Assets	0.97	0.79	0.81	0.98	0.85	0.92	0.87	0.96	0.56	0.99	0.58	0.55	0.96	0.09	0.98	-0.05	0.65	0.85	0.94	0.77		0.96	0.99	0.82	0.25	0.02
Short Long Term Debt Total	0.97	0.77	0.85	0.97	0.87	0.84	0.9	0.94	0.72	0.97	0.59	0.7	0.95	0.13	0.99	-0.02	0.68	0.77	0.96	0.85	0.96		0.97	0.84	0.31	-0.05
Good Will	0.99	0.84	0.88	0.99	0.87	0.9	0.91	0.96	0.59	1.0	0.61	0.58	0.99	0.12	0.98	-0.08	0.74	0.81	0.97	0.82	0.99	0.97		0.88	0.31	-0.06
Property Plant And Equipment Gross	0.92	0.97	0.99	0.9	0.87	0.7	0.93	0.88	0.64	0.88	0.62	0.62	0.93	0.09	0.84	-0.39	0.94	0.55	0.95	0.91	0.82	0.84	0.88		0.41	-0.18
Common Stock Total Equity	0.35	0.28	0.4	0.34	0.62	0.14	0.53	0.4	0.36	0.32	0.35	0.42	0.32	0.86	0.32	-0.21	0.31	-0.11	0.37	0.41	0.25	0.31	0.31	0.41		-0.13
Short Term Investments	-0.04	-0.13	-0.17	0.01	-0.13	-0.11	-0.05	0.08	0.01	-0.04	-0.1	0.15	-0.1	0.01	-0.04	-0.06	-0.17	0.11	-0.1	-0.01	0.02	-0.05	-0.06	-0.18	-0.13

Click cells to compare fundamentals

Intuit Account Relationship Matchups

Intuit fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.5B	27.7B	27.8B	32.1B	37.0B	38.8B
Other Current Liab	2.0B	2.3B	448M	5.3B	6.1B	6.4B
Total Current Liabilities	2.7B	3.6B	3.8B	7.5B	8.6B	9.0B
Total Stockholder Equity	9.9B	16.4B	17.3B	18.4B	21.2B	22.3B
Property Plant And Equipment Net	1.2B	1.4B	1.4B	1.4B	1.6B	1.7B
Net Debt	(148M)	4.7B	3.8B	3.0B	3.4B	3.6B
Retained Earnings	12.3B	13.6B	15.1B	17.0B	19.5B	20.5B
Accounts Payable	623M	737M	638M	721M	829.2M	870.6M
Cash	2.6B	2.8B	2.8B	3.6B	4.2B	4.4B
Non Current Assets Total	10.4B	22.7B	22.2B	22.5B	25.8B	27.1B
Non Currrent Assets Other	283M	344M	417M	541M	622.2M	653.3M
Cash And Short Term Investments	3.9B	3.3B	3.7B	4.1B	4.7B	4.9B
Net Receivables	391M	1.0B	1.1B	1.3B	1.5B	1.6B
Liabilities And Stockholders Equity	15.5B	27.7B	27.8B	32.1B	37.0B	38.8B
Non Current Liabilities Total	3.0B	7.7B	6.7B	6.2B	7.1B	7.5B
Inventory	(620M)	(1.4B)	420M	(857M)	(771.3M)	(732.7M)
Other Current Assets	896M	718M	354M	4.3B	4.9B	5.2B
Other Stockholder Equity	(2.4B)	2.9B	2.3B	1.5B	1.3B	1.4B
Total Liab	5.6B	11.3B	10.5B	13.7B	15.8B	16.5B
Total Current Assets	5.2B	5.0B	5.6B	9.7B	11.1B	11.7B
Intangible Assets	3.3B	7.1B	6.4B	5.8B	6.7B	7.0B
Short Long Term Debt Total	2.4B	7.5B	7.5B	6.6B	7.6B	7.9B
Good Will	5.6B	13.7B	13.8B	13.8B	15.9B	16.7B
Property Plant And Equipment Gross	1.2B	1.4B	1.4B	2.8B	3.2B	3.4B
Accumulated Other Comprehensive Income	(24M)	(60M)	(55M)	(54M)	(48.6M)	(46.2M)
Short Term Investments	1.3B	485M	814M	465M	418.5M	641.9M
Other Assets	290M	291M	355M	481M	553.2M	280.6M
Long Term Debt	2.0B	6.4B	6.1B	5.5B	6.4B	6.7B
Short Term Debt	66M	583M	1.4B	570M	655.5M	340.2M
Property Plant Equipment	960M	1.2B	1.4B	969M	1.1B	657.9M
Current Deferred Revenue	1.1B	1.2B	1.3B	872M	1.0B	772.6M
Other Liab	44M	578M	706M	121M	139.2M	218.2M
Net Tangible Assets	3.4B	1.0B	(4.4B)	(2.9B)	(2.6B)	(2.5B)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC