Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Common-Size Balance Sheet: Assets 

Intuit Inc., common-size consolidated balance sheet: assets

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Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018 Jul 31, 2017 Jul 31, 2016
Cash and cash equivalents 16.51 58.93 33.68 28.27 13.00 15.01
Investments 8.43 5.56 9.93 4.87 6.10 10.40
Accounts receivable, net of allowance for doubtful accounts 2.52 1.36 1.38 1.89 2.53 2.54
Income taxes receivable 0.79 0.11 1.03 0.75 1.55 0.47
Prepaid expenses and other current assets 2.04 2.87 4.23 3.55 2.46 2.40
Current assets before funds held for customers 30.29% 68.84% 50.26% 39.34% 25.64% 30.82%
Funds held for customers 2.95 4.16 6.94 7.09 9.14 7.15
Current assets 33.24% 73.00% 57.20% 46.43% 34.78% 37.98%
Long-term investments 0.28 0.17 0.21 0.25 0.76 0.66
Property and equipment, net 5.03 6.71 12.41 15.68 25.32 24.26
Operating lease right-of-use assets 2.45 2.07 0.00 0.00 0.00 0.00
Goodwill 36.18 15.13 26.34 31.11 31.83 30.16
Acquired intangible assets, net 20.96 0.26 0.86 1.18 0.54 1.04
Long-term deferred income taxes 0.05 0.59 0.02 1.68 3.24 3.27
Other assets 1.82 2.06 2.96 3.67 3.52 2.64
Long-term assets 66.76% 27.00% 42.80% 53.57% 65.22% 62.02%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2017-07-31), 10-K (reporting date: 2016-07-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Intuit Inc. current assets as a percentage of total assets increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Intuit Inc. property and equipment, net as a percentage of total assets decreased from 2019 to 2020 and from 2020 to 2021.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Intuit Inc. long-term assets as a percentage of total assets decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.