Intuit Inc (INTU)
Current ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 14,107,000 | 9,678,000 | 5,557,000 | 5,047,000 | 5,157,000 |
| Total current liabilities | US$ in thousands | 10,370,000 | 7,491,000 | 3,790,000 | 3,630,000 | 2,655,000 |
| Current ratio | 1.36 | 1.29 | 1.47 | 1.39 | 1.94 |
July 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $14,107,000K ÷ $10,370,000K
= 1.36
The current ratio of Intuit Inc. over the observed period demonstrates fluctuations indicative of changes in short-term liquidity. As of July 31, 2021, the current ratio stood at 1.94, suggesting a robust capacity to meet short-term liabilities with current assets. However, by July 31, 2022, the ratio declined significantly to 1.39, indicating a decrease in liquidity which may reflect either an increase in current liabilities or a reduction in current assets.
In the subsequent year, the ratio increased slightly to 1.47 by July 31, 2023, signaling a modest improvement in liquidity positions, though it remained below the 2021 peak. The trend of gradual decline continued, with the ratio reaching 1.29 by July 31, 2024, possibly suggesting further tightening of short-term liquidity buffers. Nevertheless, by July 31, 2025, the current ratio rebounded modestly to 1.36, indicating a slight recovery in short-term financial health.
Overall, the data portrays a pattern of decreasing liquidity from 2021 through 2024, with a slight stabilization and marginal improvement into 2025. The ratios remain above 1.0 across all periods, implying that the company generally maintains the ability to meet current obligations, although the downward trend signifies the need for attentiveness to potential liquidity risks in the short term.
Peer comparison
Jul 31, 2025