Intuit Inc (INTU)
Cash ratio
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,884,000 | 5,443,000 | 2,435,000 | 2,872,000 | 3,609,000 | 4,215,000 | 1,474,000 | 1,734,000 | 2,848,000 | 3,745,000 | 1,547,000 | 2,125,000 | 2,796,000 | 3,531,000 | 1,257,000 | 2,864,000 | 2,562,000 | 3,164,000 | 1,952,000 | 5,174,000 |
| Short-term investments | US$ in thousands | 1,668,000 | 731,000 | 24,000 | 486,000 | 465,000 | 463,000 | 15,000 | 537,000 | 814,000 | 523,000 | 524,000 | 599,000 | 485,000 | 373,000 | 157,000 | 386,000 | 1,308,000 | 952,000 | 786,000 | 619,000 |
| Total current liabilities | US$ in thousands | 10,370,000 | 9,654,000 | 7,179,000 | 8,619,000 | 7,491,000 | 6,163,000 | 6,216,000 | 4,996,000 | 3,790,000 | 4,415,000 | 3,862,000 | 3,325,000 | 3,630,000 | 3,591,000 | 2,968,000 | 2,138,000 | 2,655,000 | 2,712,000 | 2,677,000 | 2,152,000 |
| Cash ratio | 0.44 | 0.64 | 0.34 | 0.39 | 0.54 | 0.76 | 0.24 | 0.45 | 0.97 | 0.97 | 0.54 | 0.82 | 0.90 | 1.09 | 0.48 | 1.52 | 1.46 | 1.52 | 1.02 | 2.69 |
July 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,884,000K
+ $1,668,000K)
÷ $10,370,000K
= 0.44
The cash ratio of Intuit Inc. demonstrates notable variations over the analyzed period from October 2020 to July 2025. In October 2020, the ratio stood at 2.69, indicating that the company's cash holdings were more than double its current liabilities, reflecting a robust liquidity position. However, by January 2021, the ratio markedly declined to 1.02, suggesting a reduction in cash reserves relative to current liabilities, though still maintaining a liquidity buffer.
Throughout 2021, the cash ratio experienced fluctuations, reaching 1.52 in April and October, which illustrates periods where the company's cash reserves again covered current liabilities more than once but then decreased to 0.48 by January 2022. This decline signifies a significant deterioration in cash holdings relative to liabilities during that period. The ratio then partially recovered to 1.09 in April 2022 and hovered around 0.90 to 0.97 through mid-2022 to early 2023, indicating moderate liquidity levels.
From late 2023 onwards, the ratio shows a downward trend, reaching as low as 0.24 in January 2024, implying that cash holdings became substantially less sufficient to cover current liabilities. Although there was a slight improvement to 0.76 in April 2024, the ratio decreased again to 0.39 by October 2024. This declining trend continues into early 2025, with the ratio dropping to 0.34 in January 2025, before increasing somewhat to 0.64 in April 2025 and settling around 0.44 in July 2025.
Overall, the cash ratio of Intuit Inc. experienced considerable volatility over the analyzed period, with relatively high levels in late 2020 followed by a general decline through 2022 and into 2025. By the end of the period, the ratio remains below 1, suggesting that cash alone is not sufficient to cover all current liabilities, which could point to a reliance on other liquid assets or short-term working capital management strategies to meet short-term obligations.
Peer comparison
Jul 31, 2025