Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
NVIDIA Corp. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to NVIDIA Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
NVIDIA Corp., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2025-04-27), 10-K (reporting date: 2025-01-26), 10-Q (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28).
- Cash and Cash Equivalents
- The proportion of cash and cash equivalents as a percentage of total assets exhibited significant fluctuations. Initially, it increased markedly from 19.77% in April 2019 to a peak of 66.63% by April 2020, followed by a sharp decline to below 10% by January 2021. Thereafter, it stabilized generally around 7% to 12% through to April 2025, showing moderate volatility.
- Marketable Securities
- Marketable securities as a share of total assets showed an inverse trend relative to cash equivalents in the early periods, starting high at 35.87% and dropping to nearly 0% by October 2019. This was followed by an increase to approximately 37% in early 2021. Thereafter, the percentage gradually declined to the mid-20% range by late 2022 but showed a recovery trend reaching over 30% toward April 2025.
- Accounts Receivable, Net
- Accounts receivable relative to total assets generally increased over the period. While the ratio oscillated around 8% to 10% until early 2021, a noticeable upward trend occurred subsequently, peaking at 20.67% in October 2024 before slightly retreating to 17.67% in April 2025.
- Inventories
- The inventory percentage initially declined from 10.17% in April 2019 to a low near 4.85% in April 2020 but rose steadily thereafter, reaching 12.53% by January 2023. From that point, a gradual decline ensued, settling just above 9% in April 2025.
- Prepaid Expenses and Other Current Assets
- This component remained relatively stable at low levels (~0.8% to 1.4%) through 2019 to mid-2021, after which it showed a marked increase to a peak of 5.27% in May 2023. A gradual reduction followed, ending at 2.22% by April 2025, indicating increased short-term prepaid commitments during the mid period.
- Current Assets
- Current assets as a percentage of total assets mostly fluctuated between about 55% and 70% across the entire timeframe. It peaked multiple times, notably at 84.22% in April 2020 and later maintained a steady level above 60% from May 2021 onwards, indicating a consistent emphasis on liquidity and current asset holdings.
- Property and Equipment, Net
- This category declined significantly from 10.51% in April 2019 to 5.2% in May 2023, followed by a slight uptick to around 5.7% by April 2025. The overall trend suggests a gradual reduction in physical asset intensity relative to total assets.
- Operating Lease Assets
- Operating lease assets showed a continuous declining trend from 3.82% in April 2019 to 1.45% by April 2025, indicating a reduced reliance on leased assets or possible changes in accounting standards related to leases.
- Goodwill
- Goodwill as a percentage of total assets decreased from 4.41% in April 2019 to 2.7% by April 2020, then surged sharply to 16.65% by July 2020. Subsequent periods show a steady downward trend, falling to 4.39% by April 2025. This pattern likely reflects a significant acquisition around mid-2020 followed by amortization or impairment adjustments.
- Intangible Assets, Net
- Intangible assets mirrored goodwill’s movement: starting near 0.39% in April 2019, rising dramatically to about 11.33% in July 2020, then declining consistently to a low of 0.61% by April 2025. This reinforces the inference of a major acquisition event followed by systematic amortization.
- Deferred Income Tax Assets
- Deferred income tax assets showed a generally increasing trend from 4.29% in April 2019 to a peak of 11.24% in July 2024. Minor fluctuations were observed but the overall rise indicates growing deferred tax benefits, possibly linked to timing differences or recognition of tax assets from losses or credits.
- Other Assets
- The ratio for other assets remained modest until a jump from 0.62% in July 2020 to 7.54% in October 2020. Following a peak at 9.46% in April 2023, a decline ensued to about 5.42% in April 2025, suggesting non-current or miscellaneous assets increased temporarily post-acquisition and later normalized.
- Long-term Assets
- The share of long-term assets decreased from 24.19% in April 2019 to a low near 15.78% in April 2020 before rising sharply to over 46% by October 2020. It then showed a persistent downward trend to approximately 28.2% by April 2025. This trajectory is consistent with the effects of an acquisition that initially boosted long-term assets substantially, followed by gradual asset rebalancing.
- Overall Asset Composition
- The data reveals a notable structural shift in asset composition around mid-2020, likely resulting from a major strategic transaction that increased goodwill, intangible assets, other long-term assets, and marketable securities. Subsequent years show a correction with decreases in intangible and goodwill assets, a slight increase in accounts receivable, and a more stable current assets proportion. The trends suggest an initial asset base expansion through acquisition, followed by integration and normalization of asset balances over time.