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INTU (Intuit) Debt-to-EBITDA : 12.73 (As of Jul. 2024)


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What is Intuit Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Intuit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $570 Mil. Intuit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $5,997 Mil. Intuit's annualized EBITDA for the quarter that ended in Jul. 2024 was $516 Mil. Intuit's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 was 12.73.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Intuit's Debt-to-EBITDA or its related term are showing as below:

INTU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.76   Max: 2.24
Current: 1.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Intuit was 2.24. The lowest was 0.21. And the median was 0.76.

INTU's Debt-to-EBITDA is ranked worse than
57.06% of 1642 companies
in the Software industry
Industry Median: 1.04 vs INTU: 1.43

Intuit Debt-to-EBITDA Historical Data

The historical data trend for Intuit's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intuit Debt-to-EBITDA Chart

Intuit Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 0.84 2.24 1.65 1.43

Intuit Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.17 3.10 2.70 0.49 12.73

Competitive Comparison of Intuit's Debt-to-EBITDA

For the Software - Application subindustry, Intuit's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuit's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Intuit's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Intuit's Debt-to-EBITDA falls into.



Intuit Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Intuit's Debt-to-EBITDA for the fiscal year that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(570 + 5997) / 4590
=1.43

Intuit's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(570 + 5997) / 516
=12.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jul. 2024) EBITDA data.


Intuit  (NAS:INTU) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Intuit Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Intuit's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuit Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of US market share for small-business accounting and do-it-yourself tax-filing software.
Executives
Laura A Fennell officer: VP, General Counsel, Corp. Sec C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Eve B Burton director 770 BROADWAY, NEW YORK NY 10003
Scott D Cook director, officer: Chairman, Executive Committee C/O INTUIT INC, 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Alex G. Balazs officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Sandeep Aujla officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean officer: SVP, General Counsel C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni officer: EVP, Consumer Group C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz officer: VP, Chief Accounting Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi officer: Senior Vice President C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss officer: EVP and GM SBSEG C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113