Intuit Retained Earnings vs Net Receivables Analysis

INTU Stock

USD 653.37 1.76 0.27%

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 Receivables 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 Receivables

Retained Earnings vs Net Receivables 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 Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Intuit's Retained Earnings and Net Receivables is 0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Receivables 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 Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Intuit's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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 Receivables

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

Gross Profit Total Revenue

Intuit fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Good Will	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments
Total Assets		0.51	0.9	1.0	0.89	0.86	0.93	0.97	0.59	0.99	0.51	0.64	0.99	0.12	0.99	0.46	0.04	0.77	0.99	0.78	0.98	0.98	0.99	0.9	0.37	0.17
Other Current Liab	0.51		0.65	0.47	0.64	0.25	0.64	0.64	0.64	0.45	0.17	0.62	0.41	0.21	0.52	-0.24	0.56	0.08	0.57	0.63	0.46	0.54	0.43	0.64	0.42	-0.04
Total Current Liabilities	0.9	0.65		0.88	0.96	0.64	0.97	0.89	0.77	0.85	0.43	0.8	0.85	0.24	0.89	0.26	0.19	0.44	0.94	0.89	0.82	0.91	0.85	0.96	0.57	0.04
Total Stockholder Equity	1.0	0.47	0.88		0.87	0.86	0.92	0.96	0.56	0.99	0.53	0.61	0.99	0.11	0.99	0.46	0.04	0.79	0.98	0.76	0.98	0.97	0.99	0.88	0.34	0.21
Property Plant And Equipment Net	0.89	0.64	0.96	0.87		0.72	0.96	0.9	0.58	0.87	0.43	0.62	0.87	0.29	0.88	0.24	0.15	0.45	0.92	0.75	0.84	0.87	0.86	1.0	0.62	0.02
Net Debt	0.86	0.25	0.64	0.86	0.72		0.67	0.79	0.14	0.92	0.39	0.17	0.92	0.01	0.89	0.7	-0.35	0.88	0.84	0.37	0.93	0.84	0.92	0.74	0.15	0.03
Retained Earnings	0.93	0.64	0.97	0.92	0.96	0.67		0.94	0.71	0.89	0.47	0.75	0.89	0.24	0.9	0.2	0.26	0.49	0.94	0.87	0.86	0.9	0.89	0.96	0.57	0.15
Accounts Payable	0.97	0.64	0.89	0.96	0.9	0.79	0.94		0.6	0.95	0.45	0.66	0.94	0.17	0.95	0.27	0.25	0.68	0.96	0.8	0.95	0.93	0.94	0.91	0.41	0.28
Cash	0.59	0.64	0.77	0.56	0.58	0.14	0.71	0.6		0.48	0.31	0.98	0.47	0.11	0.57	-0.05	0.46	0.16	0.64	0.95	0.45	0.65	0.47	0.58	0.35	0.14
Non Current Assets Total	0.99	0.45	0.85	0.99	0.87	0.92	0.89	0.95	0.48		0.5	0.52	1.0	0.09	0.99	0.52	-0.06	0.82	0.97	0.68	1.0	0.97	1.0	0.88	0.32	0.14
Non Currrent Assets Other	0.51	0.17	0.43	0.53	0.43	0.39	0.47	0.45	0.31	0.5		0.34	0.51	0.31	0.48	0.27	0.01	0.44	0.48	0.42	0.48	0.47	0.48	0.43	0.34	0.03
Cash And Short Term Investments	0.64	0.62	0.8	0.61	0.62	0.17	0.75	0.66	0.98	0.52	0.34		0.51	0.18	0.6	-0.06	0.52	0.19	0.67	0.98	0.5	0.67	0.51	0.62	0.42	0.28
Net Receivables	0.99	0.41	0.85	0.99	0.87	0.92	0.89	0.94	0.47	1.0	0.51	0.51		0.11	0.98	0.53	-0.07	0.82	0.97	0.68	0.99	0.96	1.0	0.88	0.33	0.15
Common Stock Shares Outstanding	0.12	0.21	0.24	0.11	0.29	0.01	0.24	0.17	0.11	0.09	0.31	0.18	0.11		0.09	0.01	0.26	-0.11	0.14	0.22	0.04	0.07	0.08	0.26	0.86	0.0
Non Current Liabilities Total	0.99	0.52	0.89	0.99	0.88	0.89	0.9	0.95	0.57	0.99	0.48	0.6	0.98	0.09		0.51	-0.03	0.79	0.99	0.74	0.99	0.99	0.99	0.89	0.32	0.13
Inventory	0.46	-0.24	0.26	0.46	0.24	0.7	0.2	0.27	-0.05	0.52	0.27	-0.06	0.53	0.01	0.51		-0.74	0.7	0.45	0.07	0.5	0.51	0.54	0.26	-0.04	-0.13
Other Current Assets	0.04	0.56	0.19	0.04	0.15	-0.35	0.26	0.25	0.46	-0.06	0.01	0.52	-0.07	0.26	-0.03	-0.74		-0.3	0.04	0.44	-0.05	-0.02	-0.08	0.13	0.31	0.45
Other Stockholder Equity	0.77	0.08	0.44	0.79	0.45	0.88	0.49	0.68	0.16	0.82	0.44	0.19	0.82	-0.11	0.79	0.7	-0.3		0.71	0.35	0.85	0.76	0.82	0.47	-0.11	0.25
Total Liab	0.99	0.57	0.94	0.98	0.92	0.84	0.94	0.96	0.64	0.97	0.48	0.67	0.97	0.14	0.99	0.45	0.04	0.71		0.81	0.96	0.99	0.97	0.93	0.4	0.1
Total Current Assets	0.78	0.63	0.89	0.76	0.75	0.37	0.87	0.8	0.95	0.68	0.42	0.98	0.68	0.22	0.74	0.07	0.44	0.35	0.81		0.66	0.79	0.68	0.75	0.47	0.27
Intangible Assets	0.98	0.46	0.82	0.98	0.84	0.93	0.86	0.95	0.45	1.0	0.48	0.5	0.99	0.04	0.99	0.5	-0.05	0.85	0.96	0.66		0.96	0.99	0.86	0.25	0.19
Short Long Term Debt Total	0.98	0.54	0.91	0.97	0.87	0.84	0.9	0.93	0.65	0.97	0.47	0.67	0.96	0.07	0.99	0.51	-0.02	0.76	0.99	0.79	0.96		0.97	0.88	0.31	0.1
Good Will	0.99	0.43	0.85	0.99	0.86	0.92	0.89	0.94	0.47	1.0	0.48	0.51	1.0	0.08	0.99	0.54	-0.08	0.82	0.97	0.68	0.99	0.97		0.88	0.31	0.13
Property Plant And Equipment Gross	0.9	0.64	0.96	0.88	1.0	0.74	0.96	0.91	0.58	0.88	0.43	0.62	0.88	0.26	0.89	0.26	0.13	0.47	0.93	0.75	0.86	0.88	0.88		0.59	0.02
Common Stock Total Equity	0.37	0.42	0.57	0.34	0.62	0.15	0.57	0.41	0.35	0.32	0.34	0.42	0.33	0.86	0.32	-0.04	0.31	-0.11	0.4	0.47	0.25	0.31	0.31	0.59		-0.06
Short Term Investments	0.17	-0.04	0.04	0.21	0.02	0.03	0.15	0.28	0.14	0.14	0.03	0.28	0.15	0.0	0.13	-0.13	0.45	0.25	0.1	0.27	0.19	0.1	0.13	0.02	-0.06

Click cells to compare fundamentals

Intuit Account Relationship Matchups

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)

Pair Trading with Intuit

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intuit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intuit will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intuit Stock

0.62	U	Unity Software	Pair Corr
0.79	AI	C3 Ai Inc Financial Report 29th of May 2024	Pair Corr
0.64	DT	Dynatrace Holdings LLC	Pair Corr

Moving against Intuit Stock

0.49	ML	MoneyLion	Pair Corr
0.41	DOCU	DocuSign Financial Report 13th of June 2024	Pair Corr

The ability to find closely correlated positions to Intuit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intuit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intuit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intuit Inc to buy it.

The correlation of Intuit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intuit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intuit Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Intuit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Intuit

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Is Intuit Stock a good investment?

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What is Intuit's Net Worth?

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Largest Software - Application Companies

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.

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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.

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Intuit Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

Intuit fundamental ratios Correlations

Intuit Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Intuit fundamental ratios Accounts

Pair Trading with Intuit

Moving together with Intuit Stock

Moving against Intuit Stock

Complementary Tools for Intuit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Non Current Assets Total
Intangible Assets	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Net Receivables

Other Current Assets	- 0.74	Inventory
Other Current Assets	- 0.35	Net Debt
Other Stockholder Equity	- 0.3	Other Current Assets
Inventory	- 0.24	Other Current Liab
Short Term Investments	- 0.13	Inventory
Common Stock Total Equity	- 0.11	Other Stockholder Equity