Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).
Debt item | Description | The company |
---|---|---|
Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Intuit Inc. total debt increased from 2021 to 2022 but then slightly decreased from 2022 to 2023. |
Total Debt (Fair Value)
Jul 31, 2023 | |
---|---|
Selected Financial Data (US$ in millions) | |
Senior unsecured notes | 1,309) |
Term loan | 4,200) |
Secured revolving credit facility | 430) |
Unsecured revolving credit facility | —) |
Total debt (fair value) | 5,939) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.97 |
Based on: 10-K (reporting date: 2023-07-31).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt: 2.66%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
1.13% | 500) | 6) | |
1.49% | 500) | 7) | |
1.77% | 500) | 9) | |
6.91% | 300) | 21) | |
6.64% | 130) | 9) | |
Total | 1,930) | 51) | |
2.66% |
Based on: 10-K (reporting date: 2023-07-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 51 ÷ 1,930 = 2.66%