The company's liquidity position has deteriorated significantly, with the current ratio falling from 1.46 in 2025Q3 to 0.76 in 2026Q3, while goodwill remains a substantial 46% of total assets.
| Total Current Assets | 275.74M | 455.88M | 455.88M | 243.03M | 254.84M | 147.39M | 84.4M | 67.5M |
| Cash & Short-Term Investments | 146.82M | 313.11M | 313.11M | 131.19M | 130.38M | 50.78M | 42.05M | 21.5M |
| Cash Only | 146.82M | 313.11M | 313.11M | 131.19M | 130.38M | 50.78M | 42.05M | 21.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 92.44M | 115M | 115M | 104.51M | 104.51M | 76.91M | 32.73M | 37.97M |
| Days Sales Outstanding | 70.74 | 83.26 | 97.49 | 108.72 | 140.21 | 130.79 | 63.93 | 96.77 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 36.48M | 15.8M | 15.8M | 0 | 12.62M | 13.71M | 5.94M | 4.81M |
| Total Non-Current Assets | 433.4M | 438.28M | 438.28M | 385.88M | 374.07M | 347.02M | 292.62M | 298.74M |
| Property, Plant & Equipment | 42.67M | 41.3M | 41.3M | 33.55M | 33.55M | 12.28M | 8.17M | 4.45M |
| Fixed Asset Turnover | 13.07x | 12.21x | 10.43x | 10.46x | 8.11x | 17.47x | 22.86x | 32.22x |
| Goodwill | 326.1M | 326.26M | 326.26M | 278.89M | 278.89M | 269.1M | 227.99M | 227.93M |
| Intangible Assets | 32.19M | 40.7M | 40.7M | 43.26M | 43.26M | 48.43M | 46.81M | 58.15M |
| Long-Term Investments | 10.07M | 0 | 0 | 104K | 0 | 0 | 0 | 1.49M |
| Other Non-Current Assets | 32.44M | 30.03M | 30.03M | 30.08M | 18.38M | 17.21M | 9.65M | -14.92M |
| Total Assets | 709.14M | 894.16M | 894.16M | 628.91M | 628.91M | 494.41M | 377.01M | 366.24M |
| Asset Turnover | 0.69x | 0.56x | 0.48x | 0.56x | 0.43x | 0.43x | 0.50x | 0.39x |
| Asset Growth % | -2.62% | 0% | 42.18% | 0% | 27.2% | 31.14% | 2.94% | - |
| Total Current Liabilities | 360.54M | 349.86M | 349.86M | 259.35M | 259.35M | 223.52M | 116.81M | 92.39M |
| Accounts Payable | 17.8M | 16.5M | 16.5M | 6.02M | 6.02M | 4.22M | 4.13M | 8.1M |
| Days Payables Outstanding | 46.48 | 45.91 | 48.69 | 19.71 | 22.17 | 20.71 | 21.14 | 65.87 |
| Short-Term Debt | 0 | 0 | 0 | 4.7M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1.06B | 256.99M | 256.99M | 191.04M | 191.04M | 142.77M | 79.72M | 61.71M |
| Other Current Liabilities | 64.33M | 63.72M | 63.72M | 17.83M | 50.66M | 67.76M | 29.37M | 8.55M |
| Current Ratio | 0.76x | 1.30x | 1.30x | 0.94x | 0.98x | 0.66x | 0.72x | 0.73x |
| Quick Ratio | 0.76x | 1.30x | 1.30x | 0.94x | 0.98x | 0.66x | 0.72x | 0.73x |
| Cash Conversion Cycle | 24.26 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 28.4M | 24.54M | 24.54M | 28.35M | 28.35M | 15.01M | 286.72M | 272.8M |
| Long-Term Debt | 13.93M | 0 | 0 | 0 | 0 | 0 | 279.46M | 268.32M |
| Capital Lease Obligations | 47.06M | 16.11M | 16.11M | 16.2M | 16.2M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 5.9M | 1.72M | 1.72M | 1.42M | 1.42M | 2.1M | 2.62M | 2.91M |
| Other Non-Current Liabilities | 13.26M | 4.71M | 4.71M | 9.38M | 9.38M | 10.2M | 3.81M | 690K |
| Total Liabilities | 388.94M | 374.4M | 374.4M | 287.7M | 287.7M | 238.53M | 403.53M | 365.19M |
| Total Debt | 13.93M | 16.11M | 16.11M | 20.89M | 16.2M | 0 | 279.46M | 268.32M |
| Net Debt | -132.89M | -297M | -297M | -110.29M | -114.18M | -50.78M | 237.41M | 246.82M |
| Debt / Equity | 0.04x | 0.03x | 0.03x | 0.06x | 0.05x | - | - | 256.77x |
| Debt / EBITDA | -0.46x | - | - | - | - | - | - | 54.20x |
| Net Debt / EBITDA | 4.40x | - | - | - | - | - | - | 49.85x |
| Interest Coverage | -23.77x | - | - | -433.72x | -362.98x | -0.88x | -0.64x | -0.25x |
| Total Equity | 320.2M | 519.76M | 519.76M | 341.21M | 341.21M | 255.88M | -26.52M | 1.04M |
| Equity Growth % | -37.36% | 0% | 52.33% | 0% | 33.35% | 1065.01% | -2637.42% | - |
| Book Value per Share | 4.06 | 6.60 | 7.27 | 4.77 | 5.57 | 4.22 | -0.44 | 0.02 |
| Total Shareholders' Equity | 320.2M | 519.76M | 519.76M | 341.21M | 341.21M | 255.88M | -26.52M | 1.04M |
| Common Stock | 77K | 82K | 82K | 69K | 69K | 63K | 24K | 24K |
| Retained Earnings | -792.24M | -505.4M | -505.4M | -455.16M | -455.16M | -385.74M | -238.2M | -189.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -630K | -630K | -1.34M | -1.34M | -1.67M | -1.67M | -1.34M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Persistent GAAP Operating Losses
According to reported financial statements, Intapp's total assets have declined from $894.2 million in 2024Q4 to $709.1 million by 2026Q3, a trend that appears to reflect the ongoing erosion of retained earnings and the aggressive utilization of cash for share repurchases during a period of decelerating growth.
The reduction in total assets suggests that the company is shrinking its capital base rather than reinvesting for expansion. Investors should monitor whether this contraction is a strategic optimization of the balance sheet or a symptom of limited high-return internal investment opportunities.
As indicated by recent quarterly filings, the current ratio has deteriorated from 1.46 in 2025Q3 to 0.76 in 2026Q3, signaling a tightening liquidity position that warrants further investigation into the company's ability to meet short-term obligations without relying on external financing or further cash depletion.
A current ratio falling below unity suggests that current liabilities are beginning to outpace liquid assets, which may limit operational flexibility. This shift appears to be driven by the combination of declining cash balances and the persistent need to fund ongoing operating deficits.
Based on the provided balance sheet data, retained earnings have plummeted to a deficit of $792.2 million as of 2026Q3, illustrating that the company's equity base is being sustained primarily by historical capital raises rather than the accumulation of profitable operating results over time.
The deepening deficit in retained earnings highlights the structural challenge of achieving GAAP profitability. This trend suggests that shareholder value is currently dependent on future growth expectations rather than the current strength of the underlying equity foundation.
Financial disclosures reveal that goodwill remains a significant component of the asset base at $326.1 million, representing nearly 46% of total assets as of 2026Q3, which may indicate that the balance sheet is sensitive to potential impairment charges if acquisition-related synergies fail to materialize.
The high proportion of intangible assets relative to total assets suggests that the company's book value is heavily reliant on the success of past M&A activity. If the growth trajectory of acquired segments continues to moderate, the risk of a non-cash goodwill write-down may increase, potentially impacting future equity levels.
Quick answers to the most common questions about buying INTA stock.
As of 2025, Intapp, Inc. (INTA) had total assets of $894.2M including $455.9M in current assets.
Intapp, Inc. (INTA) carries total debt of $16.1M, offset by $313.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Intapp, Inc. (INTA) has total shareholders' equity (book value) of $519.8M ($6.60 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Intapp, Inc. (INTA) reported a current ratio of 1.30x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.