Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

NVIDIA Corp., balance sheet: debt

US$ in millions

Microsoft Excel
Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Jan 26, 2020 Jan 27, 2019
Short-term debt 1,250 1,250 999
Long-term debt 8,459 9,703 10,946 5,964 1,991 1,988
Total total debt (carrying amount) 9,709 10,953 10,946 6,963 1,991 1,988

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).

Debt item Description The company
Total total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. NVIDIA Corp. total debt increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.

Total Debt (Fair Value)

Microsoft Excel
Jan 28, 2024
Selected Financial Data (US$ in millions)
2.20% Notes Due 2021
0.309% Notes Due 2023
0.584% Notes Due 2024 1,228
3.20% Notes Due 2026 970
1.55% Notes Due 2028 1,115
2.85% Notes Due 2030 1,367
2.00% Notes Due 2031 1,057
3.50% Notes Due 2040 851
3.50% Notes Due 2050 1,604
3.70% Notes Due 2060 403
Total total debt (fair value) 8,595
Financial Ratio
Debt, fair value to carrying amount ratio 0.89

Based on: 10-K (reporting date: 2024-01-28).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt: 2.63%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
0.66% 1,250 8
3.31% 1,000 33
1.64% 1,250 21
2.93% 1,500 44
2.09% 1,250 26
3.54% 1,000 35
3.54% 2,000 71
3.73% 500 19
Total 9,750 257
2.63%

Based on: 10-K (reporting date: 2024-01-28).

1 US$ in millions

2 Weighted-average interest rate = 100 × 257 ÷ 9,750 = 2.63%