INTU Stock | | | USD 678.70 0.00 0.00% |
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 Stockholder Equity and its Net Working Capital 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 Stockholder Equity vs Net Working Capital
Total Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intuit Inc Total Stockholder Equity account and
Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Intuit's Total Stockholder Equity and Net Working Capital is 0.57. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital 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 Stockholder Equity and Net Working Capital 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 Stockholder Equity of Intuit Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Intuit's Total Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Working Capital
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.
Intuit fundamental ratios Correlations
Click cells to compare fundamentals
Intuit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intuit fundamental ratios Accounts
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.
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.