Intuit Retained Earnings vs Net Working Capital Analysis
INTU Stock | USD 638.39 1.84 0.29% |
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 Retained Earnings 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Retained Earnings vs Net Working Capital
Retained Earnings 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 Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intuit's Retained Earnings and Net Working Capital is 0.7. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., Intuit's Retained Earnings and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 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 Profit | 10.3B | 11.2B | 12.9B | 13.6B | Total Revenue | 12.7B | 14.4B | 16.5B | 17.3B |
Intuit fundamental ratios Correlations
Click cells to compare fundamentals
Intuit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intuit fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.9B | 15.5B | 27.7B | 27.8B | 31.9B | 33.5B | |
Other Current Liab | 779M | 825M | 1.2B | 448M | 515.2M | 502.7M | |
Total Current Liabilities | 3.5B | 2.7B | 3.6B | 3.8B | 4.4B | 4.6B | |
Total Stockholder Equity | 5.1B | 9.9B | 16.4B | 17.3B | 19.9B | 20.9B | |
Property Plant And Equipment Net | 960M | 1.2B | 1.4B | 1.4B | 1.7B | 1.7B | |
Net Debt | (2.9B) | (148M) | 4.7B | 3.8B | 4.3B | 4.5B | |
Retained Earnings | 10.9B | 12.3B | 13.6B | 15.1B | 17.3B | 18.2B | |
Accounts Payable | 305M | 623M | 737M | 638M | 733.7M | 770.4M | |
Cash | 6.4B | 2.6B | 2.8B | 2.8B | 3.3B | 3.4B | |
Non Current Assets Total | 3.0B | 10.4B | 22.7B | 22.2B | 25.6B | 26.8B | |
Non Currrent Assets Other | 225M | 283M | 344M | 417M | 479.6M | 503.5M | |
Cash And Short Term Investments | 7.1B | 3.9B | 3.3B | 3.7B | 4.2B | 4.4B | |
Net Receivables | 161M | 514M | 1.0B | 1.1B | 1.3B | 1.4B | |
Liabilities And Stockholders Equity | 10.9B | 15.5B | 27.7B | 27.8B | 31.9B | 33.5B | |
Non Current Liabilities Total | 2.3B | 3.0B | 7.7B | 6.7B | 7.7B | 8.1B | |
Other Current Assets | 1.4B | 2.2B | 718M | 354M | 407.1M | 583.1M | |
Other Stockholder Equity | (5.8B) | (2.4B) | 2.9B | 2.3B | 2.0B | 2.1B | |
Total Liab | 5.8B | 5.6B | 11.3B | 10.5B | 12.1B | 12.7B | |
Total Current Assets | 8.0B | 5.2B | 5.0B | 5.6B | 6.4B | 6.7B | |
Intangible Assets | 28M | 3.3B | 7.1B | 6.4B | 7.4B | 7.8B | |
Short Long Term Debt Total | 3.6B | 2.4B | 7.5B | 6.6B | 7.6B | 8.0B | |
Good Will | 1.7B | 5.6B | 13.7B | 13.8B | 15.8B | 16.6B | |
Property Plant And Equipment Gross | 960M | 1.2B | 1.4B | 1.4B | 1.7B | 1.7B | |
Short Term Investments | 608M | 1.3B | 485M | 814M | 732.6M | 652.7M | |
Other Assets | 290M | 291M | 355M | 481M | 553.2M | 280.6M | |
Long Term Debt | 2.0B | 2.0B | 6.4B | 6.1B | 7.0B | 7.4B | |
Short Term Debt | 1.3B | 66M | 499M | 1.4B | 1.6B | 1.6B | |
Property Plant Equipment | 960M | 1.2B | 1.4B | 969M | 1.1B | 657.9M | |
Current Deferred Revenue | 1.1B | 1.1B | 1.2B | 1.3B | 1.5B | 1.6B | |
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) |
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Try AI Portfolio ArchitectCheck 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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 9.8 | 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.