Intuit Inc (INTU)

Debt-to-capital ratio

		Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	19,710,000	18,436,000	17,269,000	16,441,000	9,869,000
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00

July 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $19,710,000K)
= 0.00

The analysis of Intuit Inc's debt-to-capital ratio over the specified period reveals a consistent pattern. From July 31, 2021, through July 31, 2025, the debt-to-capital ratio remains at 0.00 each year. This indicates that the company has maintained a capital structure entirely devoid of debt relative to its total capital during this timeframe. Such a stable ratio suggests that Intuit Inc has relied exclusively on equity financing or retained earnings, with no reported short-term or long-term debt obligations. The absence of leverage reflected in the debt-to-capital ratio could imply a conservative financial strategy, potentially aimed at minimizing financial risk, or may indicate that the company's operations are sufficiently internally financed. Overall, the data demonstrates that Intuit Inc's capitalization structure is entirely equity-based throughout the analyzed years.