Intuit Total Assets vs Current Deferred Revenue Analysis

INTU Stock

USD 640.12 38.58 5.68%

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 Assets and its Current Deferred Revenue 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 Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.

The correlation between Intuit's Total Assets and Current Deferred Revenue is 0.23. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue 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 Assets and Current Deferred Revenue 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 Assets of Intuit Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Intuit's Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Intuit assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Intuit Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Profit	10.3B	11.2B	12.3B	13.0B
Total Revenue	12.7B	14.4B	16.3B	17.1B

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		0.83	0.9	1.0	0.86	0.81	0.93	0.96	0.63	0.99	0.56	0.62	0.98	0.21	0.97	-0.11	0.71	0.75	0.99	0.86	0.96	0.97	0.98	0.89	0.37	0.06
Other Current Liab	0.83		0.94	0.8	0.68	0.58	0.8	0.8	0.52	0.78	0.49	0.5	0.83	0.05	0.72	-0.45	0.94	0.53	0.86	0.84	0.73	0.7	0.77	0.95	0.3	-0.04
Total Current Liabilities	0.9	0.94		0.86	0.81	0.59	0.91	0.84	0.68	0.83	0.52	0.65	0.88	0.18	0.8	-0.35	0.91	0.49	0.94	0.93	0.76	0.82	0.83	0.99	0.45	-0.09
Total Stockholder Equity	1.0	0.8	0.86		0.83	0.82	0.92	0.97	0.6	0.99	0.57	0.6	0.98	0.21	0.97	-0.09	0.68	0.78	0.97	0.83	0.97	0.96	0.99	0.86	0.35	0.11
Property Plant And Equipment Net	0.86	0.68	0.81	0.83		0.65	0.94	0.89	0.6	0.84	0.43	0.61	0.81	0.41	0.85	-0.22	0.55	0.38	0.88	0.75	0.8	0.83	0.83	0.84	0.65	-0.07
Net Debt	0.81	0.58	0.59	0.82	0.65		0.6	0.74	0.11	0.89	0.38	0.09	0.87	0.11	0.86	0.32	0.39	0.87	0.78	0.41	0.9	0.81	0.89	0.65	0.12	-0.05
Retained Earnings	0.93	0.8	0.91	0.92	0.94	0.6		0.94	0.74	0.88	0.51	0.75	0.87	0.33	0.88	-0.33	0.71	0.46	0.94	0.9	0.84	0.88	0.88	0.9	0.57	0.04
Accounts Payable	0.96	0.8	0.84	0.97	0.89	0.74	0.94		0.63	0.95	0.48	0.65	0.92	0.25	0.95	-0.22	0.63	0.67	0.95	0.83	0.95	0.92	0.94	0.84	0.41	0.18
Cash	0.63	0.52	0.68	0.6	0.6	0.11	0.74	0.63		0.51	0.35	0.98	0.5	0.14	0.59	-0.35	0.53	0.17	0.66	0.87	0.47	0.66	0.5	0.57	0.35	0.07
Non Current Assets Total	0.99	0.78	0.83	0.99	0.84	0.89	0.88	0.95	0.51		0.53	0.5	0.99	0.2	0.98	0.0	0.63	0.81	0.96	0.76	0.99	0.96	1.0	0.85	0.32	0.04
Non Currrent Assets Other	0.56	0.49	0.52	0.57	0.43	0.38	0.51	0.48	0.35	0.53		0.35	0.55	0.34	0.5	-0.08	0.47	0.46	0.53	0.52	0.49	0.5	0.51	0.52	0.35	-0.04
Cash And Short Term Investments	0.62	0.5	0.65	0.6	0.61	0.09	0.75	0.65	0.98	0.5	0.35		0.48	0.23	0.59	-0.36	0.49	0.16	0.65	0.87	0.47	0.65	0.5	0.54	0.42	0.22
Net Receivables	0.98	0.83	0.88	0.98	0.81	0.87	0.87	0.92	0.5	0.99	0.55	0.48		0.19	0.95	-0.02	0.72	0.8	0.97	0.79	0.96	0.94	0.99	0.89	0.33	-0.01
Common Stock Shares Outstanding	0.21	0.05	0.18	0.21	0.41	0.11	0.33	0.25	0.14	0.2	0.34	0.23	0.19		0.19	0.07	0.06	-0.04	0.2	0.21	0.14	0.19	0.19	0.19	0.91	-0.01
Non Current Liabilities Total	0.97	0.72	0.8	0.97	0.85	0.86	0.88	0.95	0.59	0.98	0.5	0.59	0.95	0.19		0.04	0.56	0.78	0.96	0.77	0.98	0.99	0.98	0.8	0.31	0.04
Inventory	-0.11	-0.45	-0.35	-0.09	-0.22	0.32	-0.33	-0.22	-0.35	0.0	-0.08	-0.36	-0.02	0.07	0.04		-0.47	0.32	-0.14	-0.4	0.03	0.07	0.01	-0.35	-0.22	-0.11
Other Current Assets	0.71	0.94	0.91	0.68	0.55	0.39	0.71	0.63	0.53	0.63	0.47	0.49	0.72	0.06	0.56	-0.47		0.38	0.75	0.84	0.54	0.57	0.63	0.9	0.31	-0.09
Other Stockholder Equity	0.75	0.53	0.49	0.78	0.38	0.87	0.46	0.67	0.17	0.81	0.46	0.16	0.8	-0.04	0.78	0.32	0.38		0.68	0.43	0.84	0.76	0.81	0.5	-0.13	0.18
Total Liab	0.99	0.86	0.94	0.97	0.88	0.78	0.94	0.95	0.66	0.96	0.53	0.65	0.97	0.2	0.96	-0.14	0.75	0.68		0.88	0.93	0.96	0.96	0.93	0.39	-0.02
Total Current Assets	0.86	0.84	0.93	0.83	0.75	0.41	0.9	0.83	0.87	0.76	0.52	0.87	0.79	0.21	0.77	-0.4	0.84	0.43	0.88		0.7	0.81	0.76	0.87	0.44	0.1
Intangible Assets	0.96	0.73	0.76	0.97	0.8	0.9	0.84	0.95	0.47	0.99	0.49	0.47	0.96	0.14	0.98	0.03	0.54	0.84	0.93	0.7		0.95	0.99	0.78	0.24	0.11
Short Long Term Debt Total	0.97	0.7	0.82	0.96	0.83	0.81	0.88	0.92	0.66	0.96	0.5	0.65	0.94	0.19	0.99	0.07	0.57	0.76	0.96	0.81	0.95		0.96	0.8	0.31	0.03
Good Will	0.98	0.77	0.83	0.99	0.83	0.89	0.88	0.94	0.5	1.0	0.51	0.5	0.99	0.19	0.98	0.01	0.63	0.81	0.96	0.76	0.99	0.96		0.85	0.31	0.03
Property Plant And Equipment Gross	0.89	0.95	0.99	0.86	0.84	0.65	0.9	0.84	0.57	0.85	0.52	0.54	0.89	0.19	0.8	-0.35	0.9	0.5	0.93	0.87	0.78	0.8	0.85		0.46	-0.11
Common Stock Total Equity	0.37	0.3	0.45	0.35	0.65	0.12	0.57	0.41	0.35	0.32	0.35	0.42	0.33	0.91	0.31	-0.22	0.31	-0.13	0.39	0.44	0.24	0.31	0.31	0.46		-0.12
Short Term Investments	0.06	-0.04	-0.09	0.11	-0.07	-0.05	0.04	0.18	0.07	0.04	-0.04	0.22	-0.01	-0.01	0.04	-0.11	-0.09	0.18	-0.02	0.1	0.11	0.03	0.03	-0.11	-0.12

Click cells to compare fundamentals

Intuit Account Relationship Matchups

Intuit fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.9B	15.5B	27.7B	27.8B	32.1B	33.7B
Other Current Liab	779M	2.0B	2.3B	448M	5.3B	5.6B
Total Current Liabilities	3.5B	2.7B	3.6B	3.8B	7.5B	7.9B
Total Stockholder Equity	5.1B	9.9B	16.4B	17.3B	18.4B	19.4B
Property Plant And Equipment Net	960M	1.2B	1.4B	1.4B	1.4B	1.5B
Net Debt	(2.9B)	(148M)	4.7B	3.8B	3.0B	3.1B
Retained Earnings	10.9B	12.3B	13.6B	15.1B	17.0B	17.8B
Accounts Payable	305M	623M	737M	638M	721M	757.1M
Cash	6.4B	2.6B	2.8B	2.8B	3.6B	3.8B
Non Current Assets Total	3.0B	10.4B	22.7B	22.2B	22.5B	23.6B
Non Currrent Assets Other	225M	283M	344M	417M	541M	568.1M
Cash And Short Term Investments	7.1B	3.9B	3.3B	3.7B	4.1B	4.3B
Net Receivables	161M	391M	1.0B	1.1B	1.3B	1.4B
Liabilities And Stockholders Equity	10.9B	15.5B	27.7B	27.8B	32.1B	33.7B
Non Current Liabilities Total	2.3B	3.0B	7.7B	6.7B	6.2B	6.5B
Other Current Assets	1.4B	896M	718M	354M	5.1B	5.4B
Other Stockholder Equity	(5.8B)	(2.4B)	2.9B	2.3B	1.5B	1.6B
Total Liab	5.8B	5.6B	11.3B	10.5B	13.7B	14.4B
Total Current Assets	8.0B	5.2B	5.0B	5.6B	9.7B	10.2B
Intangible Assets	28M	3.3B	7.1B	6.4B	5.8B	6.1B
Short Long Term Debt Total	3.6B	2.4B	7.5B	7.5B	6.6B	6.9B
Good Will	1.7B	5.6B	13.7B	13.8B	13.8B	14.5B
Property Plant And Equipment Gross	960M	1.2B	1.4B	1.4B	2.8B	2.9B
Short Term Investments	608M	1.3B	485M	814M	465M	641.9M
Other Assets	290M	291M	355M	481M	553.2M	280.6M
Long Term Debt	2.0B	2.0B	6.4B	6.1B	5.5B	5.8B
Short Term Debt	1.3B	66M	583M	1.4B	570M	340.2M
Property Plant Equipment	960M	1.2B	1.4B	969M	1.1B	657.9M
Current Deferred Revenue	1.1B	1.1B	1.2B	1.3B	872M	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