Common-Size Balance Sheet: Assets
Paying user area
Try for free
NVIDIA Corp. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Debt to Equity 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:
Based on: 10-K (reporting date: 2025-01-26), 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).
- Cash and Cash Equivalents
- There was a notable decrease from 62.93% in early 2020 to a low of 2.94% in early 2021, followed by a gradual increase peaking at 11.08% in early 2024 before declining again to 7.7% in early 2025. This suggests a shift in liquidity management and allocation of assets over the years.
- Marketable Securities
- This category saw significant growth from a negligible level (0.01%) in early 2020 to 37.21% in early 2021 and further to 43.49% in early 2022. Subsequently, it declined to 24.06% in early 2023, then moderately increased again towards 31.02% by early 2025, indicating active portfolio adjustments in relatively liquid investments.
- Accounts Receivable, Net
- The proportion of accounts receivable initially decreased slightly from 9.57% to 8.44% in early 2021, then fluctuated upward, reaching 20.67% by early 2025. The upward trend since 2022 suggests growing credit sales or slower collection periods, impacting working capital.
- Inventories
- Inventory levels showed moderate fluctuations, starting at 5.65% in early 2020, rising to a peak of 12.53% in early 2023, and settling around 9.03% by early 2025. This increase followed by a partial decline may reflect changing production schedules or inventory management strategies.
- Prepaid Expenses and Other Current Assets
- This item maintained a relatively low proportion under 1% until early 2022; thereafter, it increased substantially to 4.69% in early 2024 before slightly declining to 3.38% in early 2025, indicating an increased prepayment activity or recognition of other current assets in recent years.
- Current Assets
- Overall current assets demonstrated a downward shift from 79.06% in early 2020 to 55.76% in early 2021, followed by fluctuations and a general upward trend, reaching 71.8% in early 2025. This reflects dynamic changes in asset composition between current and long-term assets.
- Property and Equipment, Net
- The share of property and equipment declined from 9.67% in early 2020 to 5.63% in early 2025, with intermediate fluctuations. This decreasing trend may indicate disposals, depreciation outpacing acquisitions, or capital allocation away from fixed assets.
- Operating Lease Assets
- There was a steady decline from 3.57% in early 2020 to 1.61% in early 2025. The consistent reduction suggests a contraction in lease obligations or leasing activity over the period.
- Goodwill
- Goodwill rose sharply from 3.57% in early 2020 to a peak of 14.56% in early 2021, then decreased steadily to 4.65% in early 2025. This pattern may reflect acquisition activity concentrated around 2021, followed by impairments or reclassifications in subsequent years.
- Intangible Assets, Net
- Intangible assets increased significantly from 0.28% in early 2020 to 9.51% in early 2021 and then declined gradually to 0.72% in early 2025, which may correspond with the trends observed in goodwill, suggesting initial recognition followed by amortization or impairments.
- Deferred Income Tax Assets
- This category decreased slightly from 3.16% in early 2020 to 2.77% in early 2022, then increased markedly to 9.84% by early 2025. The latter rise may indicate recognition of deferred tax benefits or accumulated tax assets coinciding with profitability changes or tax strategy adjustments.
- Non-Marketable Equity Securities
- These assets showed a gradual increase from 0.44% in early 2020 to 3.03% in early 2025, reflecting increased investments in equity interests that are less liquid or strategic in nature.
- Prepaid Supply and Capacity Agreements
- Beginning with no recorded values in early 2020 and 2021, this category rose to 7.26% in early 2023 before declining to 1.57% by early 2025. This suggests short-term increased prepayments for supply or capacity, followed by contract completions or reductions.
- Income Tax Receivable
- A new recognition at 0.67% occurred in early 2025, implying a receivable position with tax authorities that was not present or reported previously.
- Prepaid Royalties
- Prepaid royalties increased from 0.01% in early 2020 to 1.53% in early 2021, then steadily decreased to 0.3% by early 2025, indicating diminishing prepaid royalty obligations over time.
- Advanced Consideration for Acquisition
- Recorded only in early 2021 and 2022 (4.71% and 3.07%, respectively), this line item disappeared in later periods, suggesting acquisition-related payments that were either settled or reclassified.
- Other (%) and Other Assets
- The "Other" category remained low throughout the period, exhibiting no significant trend. Other assets increased from 0.68% in early 2020 to 9.28% in early 2023 and then declined to 5.76% by early 2025, signifying fluctuations in miscellaneous or less-defined asset classes.
- Long-Term Assets
- Long-term assets exhibited a rise from 20.94% in early 2020 to 44.24% in early 2021, followed by declines to 28.2% by early 2025. The initial increase corresponds with growth in goodwill, intangible assets, and deferred tax assets, while the subsequent decline indicates rebalancing towards current assets or asset disposals.
- Total Assets
- Remained constant at 100% for all periods, serving as the baseline for relative component analysis.