Intuit Inventory vs Non Current Liabilities Total Analysis

INTU Stock  USD 632.43  8.72  1.36%   
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 Inventory and its Non Current Liabilities 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Intuit's Inventory and Non Current Liabilities Total is 0.51. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities 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 Inventory and Non Current Liabilities 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 Inventory of Intuit Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Intuit's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Non Current Liabilities 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 tightly coupled 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 446.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.3B11.2B12.9B13.6B
Total Revenue12.7B14.4B16.5B17.3B

Intuit fundamental ratios Correlations

0.510.91.00.890.860.930.970.590.990.510.640.990.120.990.460.040.770.990.780.980.980.990.90.370.17
0.510.650.470.640.250.640.640.640.450.170.620.410.210.52-0.240.560.080.570.630.460.540.430.640.42-0.04
0.90.650.880.960.640.970.890.770.850.430.80.850.240.890.260.190.440.940.890.820.910.850.960.570.04
1.00.470.880.870.860.920.960.560.990.530.610.990.110.990.460.040.790.980.760.980.970.990.880.340.21
0.890.640.960.870.720.960.90.580.870.430.620.870.290.880.240.150.450.920.750.840.870.861.00.620.02
0.860.250.640.860.720.670.790.140.920.390.170.920.010.890.7-0.350.880.840.370.930.840.920.740.150.03
0.930.640.970.920.960.670.940.710.890.470.750.890.240.90.20.260.490.940.870.860.90.890.960.570.15
0.970.640.890.960.90.790.940.60.950.450.660.940.170.950.270.250.680.960.80.950.930.940.910.410.28
0.590.640.770.560.580.140.710.60.480.310.980.470.110.57-0.050.460.160.640.950.450.650.470.580.350.14
0.990.450.850.990.870.920.890.950.480.50.521.00.090.990.52-0.060.820.970.681.00.971.00.880.320.14
0.510.170.430.530.430.390.470.450.310.50.340.510.310.480.270.010.440.480.420.480.470.480.430.340.03
0.640.620.80.610.620.170.750.660.980.520.340.510.180.6-0.060.520.190.670.980.50.670.510.620.420.28
0.990.410.850.990.870.920.890.940.471.00.510.510.110.980.53-0.070.820.970.680.990.961.00.880.330.15
0.120.210.240.110.290.010.240.170.110.090.310.180.110.090.010.26-0.110.140.220.040.070.080.260.860.0
0.990.520.890.990.880.890.90.950.570.990.480.60.980.090.51-0.030.790.990.740.990.990.990.890.320.13
0.46-0.240.260.460.240.70.20.27-0.050.520.27-0.060.530.010.51-0.740.70.450.070.50.510.540.26-0.04-0.13
0.040.560.190.040.15-0.350.260.250.46-0.060.010.52-0.070.26-0.03-0.74-0.30.040.44-0.05-0.02-0.080.130.310.45
0.770.080.440.790.450.880.490.680.160.820.440.190.82-0.110.790.7-0.30.710.350.850.760.820.47-0.110.25
0.990.570.940.980.920.840.940.960.640.970.480.670.970.140.990.450.040.710.810.960.990.970.930.40.1
0.780.630.890.760.750.370.870.80.950.680.420.980.680.220.740.070.440.350.810.660.790.680.750.470.27
0.980.460.820.980.840.930.860.950.451.00.480.50.990.040.990.5-0.050.850.960.660.960.990.860.250.19
0.980.540.910.970.870.840.90.930.650.970.470.670.960.070.990.51-0.020.760.990.790.960.970.880.310.1
0.990.430.850.990.860.920.890.940.471.00.480.511.00.080.990.54-0.080.820.970.680.990.970.880.310.13
0.90.640.960.881.00.740.960.910.580.880.430.620.880.260.890.260.130.470.930.750.860.880.880.590.02
0.370.420.570.340.620.150.570.410.350.320.340.420.330.860.32-0.040.31-0.110.40.470.250.310.310.59-0.06
0.17-0.040.040.210.020.030.150.280.140.140.030.280.150.00.13-0.130.450.250.10.270.190.10.130.02-0.06
Click cells to compare fundamentals

Intuit Account Relationship Matchups

Intuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9B15.5B27.7B27.8B31.9B33.5B
Other Current Liab779M825M1.2B448M515.2M502.7M
Total Current Liabilities3.5B2.7B3.6B3.8B4.4B4.6B
Total Stockholder Equity5.1B9.9B16.4B17.3B19.9B20.9B
Property Plant And Equipment Net960M1.2B1.4B1.4B1.7B1.7B
Net Debt(2.9B)(148M)4.7B3.8B4.3B4.5B
Retained Earnings10.9B12.3B13.6B15.1B17.3B18.2B
Accounts Payable305M623M737M638M733.7M770.4M
Cash6.4B2.6B2.8B2.8B3.3B3.4B
Non Current Assets Total3.0B10.4B22.7B22.2B25.6B26.8B
Non Currrent Assets Other225M283M344M417M479.6M503.5M
Cash And Short Term Investments7.1B3.9B3.3B3.7B4.2B4.4B
Net Receivables161M514M1.0B1.1B1.3B1.4B
Liabilities And Stockholders Equity10.9B15.5B27.7B27.8B31.9B33.5B
Non Current Liabilities Total2.3B3.0B7.7B6.7B7.7B8.1B
Other Current Assets1.4B2.2B718M354M407.1M583.1M
Other Stockholder Equity(5.8B)(2.4B)2.9B2.3B2.0B2.1B
Total Liab5.8B5.6B11.3B10.5B12.1B12.7B
Total Current Assets8.0B5.2B5.0B5.6B6.4B6.7B
Intangible Assets28M3.3B7.1B6.4B7.4B7.8B
Short Long Term Debt Total3.6B2.4B7.5B6.6B7.6B8.0B
Good Will1.7B5.6B13.7B13.8B15.8B16.6B
Property Plant And Equipment Gross960M1.2B1.4B1.4B1.7B1.7B
Short Term Investments608M1.3B485M814M732.6M652.7M
Other Assets290M291M355M481M553.2M280.6M
Long Term Debt2.0B2.0B6.4B6.1B7.0B7.4B
Short Term Debt1.3B66M499M1.4B1.6B1.6B
Property Plant Equipment960M1.2B1.4B969M1.1B657.9M
Current Deferred Revenue1.1B1.1B1.2B1.3B1.5B1.6B
Other Liab44M578M706M121M139.2M218.2M
Net Tangible Assets3.4B1.0B(4.4B)(2.9B)(2.6B)(2.5B)

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When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
3.36
Earnings Share
9.77
Revenue Per Share
53.811
Quarterly Revenue Growth
0.41
The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.