Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Intuit Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018
Short-term debt 499 501 501 499 499 325 325 1,338 350 38 50 50 50 50 50
Accounts payable 721 886 789 630 638 921 811 670 737 900 883 531 623 601 486 256 305 384 455 272 274 383 400 209
Accrued compensation and related liabilities 921 689 547 439 665 625 502 401 576 543 413 316 530 476 326 233 482 348 261 201 385 311 221 174
Deferred revenue 872 843 887 763 921 829 852 698 808 741 822 600 684 650 752 574 652 632 671 554 619 572 639 513
Income taxes payable 8 437 1 133 698 653
Other current liabilities 549 586 602 506 448 498 820 589 579 868 475 385 361 637 362 280 297 610 318 267 202 592 257 202
Current liabilities before funds payable and amounts due to customers 3,570 3,441 2,826 2,471 3,370 4,027 3,486 2,857 3,199 3,052 2,593 1,832 2,198 2,364 2,251 1,668 3,074 2,324 1,743 1,344 1,530 1,908 1,567 1,148
Funds payable and amounts due to customers 3,921 2,722 3,390 2,525 420 388 376 468 431 539 375 306 457 348 426 484 455 389 461 413 436 383 434 438
Current liabilities 7,491 6,163 6,216 4,996 3,790 4,415 3,862 3,325 3,630 3,591 2,968 2,138 2,655 2,712 2,677 2,152 3,529 2,713 2,204 1,757 1,966 2,291 2,001 1,586
Long-term debt 5,539 5,952 5,950 5,879 6,120 6,109 6,576 6,486 6,415 6,853 6,732 2,037 2,034 2,033 2,033 2,032 2,031 48 373 373 386 398 363 375
Operating lease liabilities, excluding current portion 458 468 473 474 480 499 514 530 542 415 429 403 380 365 391 228 221 215 286 297
Other long-term obligations 208 220 141 147 121 306 408 677 706 694 579 559 578 693 629 50 44 48 111 123 182 158 175 185
Long-term liabilities 6,205 6,640 6,564 6,500 6,721 6,914 7,498 7,693 7,663 7,962 7,740 2,999 2,992 3,091 3,053 2,310 2,296 311 770 793 568 556 538 560
Total liabilities 13,696 12,803 12,780 11,496 10,511 11,329 11,360 11,018 11,293 11,553 10,708 5,137 5,647 5,803 5,730 4,462 5,825 3,024 2,974 2,550 2,534 2,847 2,539 2,146
Preferred stock
Common stock and additional paid-in capital 20,251 20,040 19,739 19,398 19,029 18,760 18,392 18,082 17,725 17,479 17,202 10,718 10,548 10,382 10,212 6,283 6,182 6,132 6,014 5,881 5,775 5,782 5,623 5,501
Treasury stock, at cost (18,750) (18,495) (17,911) (17,375) (16,772) (16,307) (15,824) (15,324) (14,805) (14,297) (13,808) (13,289) (12,951) (12,484) (12,104) (11,929) (11,929) (11,929) (11,889) (11,750) (11,611) (11,463) (11,328) (11,151)
Accumulated other comprehensive loss (54) (58) (60) (78) (55) (61) (63) (87) (60) (53) (34) (29) (24) (24) (23) (35) (32) (44) (35) (35) (36) (38) (36) (40)
Retained earnings 16,989 17,270 15,140 15,047 15,067 15,200 13,337 13,396 13,581 13,832 12,235 12,333 12,296 12,081 10,783 10,926 10,885 10,581 9,637 9,537 9,621 9,789 8,537 8,472
Stockholders’ equity 18,436 18,757 16,908 16,992 17,269 17,592 15,842 16,067 16,441 16,961 15,595 9,733 9,869 9,955 8,868 5,245 5,106 4,740 3,727 3,633 3,749 4,070 2,796 2,782
Total liabilities and stockholders’ equity 32,132 31,560 29,688 28,488 27,780 28,921 27,202 27,085 27,734 28,514 26,303 14,870 15,516 15,758 14,598 9,707 10,931 7,764 6,701 6,183 6,283 6,917 5,335 4,928

Based on: 10-K (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Intuit Inc. current liabilities decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Intuit Inc. long-term liabilities increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Intuit Inc. total liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Intuit Inc. stockholders’ equity increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.