Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

NVIDIA Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Jan 26, 2020 Jan 27, 2019
Cash and cash equivalents 7,280 3,389 1,990 847 10,896 782
Marketable securities 18,704 9,907 19,218 10,714 1 6,640
Accounts receivable, net 9,999 3,827 4,650 2,429 1,657 1,424
Inventories 5,282 5,159 2,605 1,826 979 1,575
Prepaid expenses and other current assets 3,080 791 366 239 157 136
Current assets 44,345 23,073 28,829 16,055 13,690 10,557
Property and equipment, net 3,914 3,807 2,778 2,149 1,674 1,404
Operating lease assets 1,346 1,038 829 707 618
Goodwill 4,430 4,372 4,349 4,193 618 618
Intangible assets, net 1,112 1,676 2,339 2,737 49 45
Deferred income tax assets 6,081 3,396 1,222 806 548 560
Prepaid supply and capacity agreements 2,458 2,989 1,747
Investment in non-affiliated entities 1,546 299 266 144 77
Prepaid royalties 364 387 409 440 1
Advanced consideration for acquisition 1,357 1,357
Other 132 145 62 203 40 108
Other assets 4,500 3,820 3,841 2,144 118 108
Long-term assets 21,383 18,109 15,358 12,736 3,625 2,735
Total assets 65,728 41,182 44,187 28,791 17,315 13,292

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. NVIDIA Corp. current assets decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. NVIDIA Corp. property and equipment, net increased from 2022 to 2023 and from 2023 to 2024.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. NVIDIA Corp. long-term assets increased from 2022 to 2023 and from 2023 to 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. NVIDIA Corp. total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. NVIDIA Corp. cash and cash equivalents increased from 2022 to 2023 and from 2023 to 2024.
Marketable securities Amount of investment in marketable security, classified as current. NVIDIA Corp. marketable securities decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. NVIDIA Corp. accounts receivable, net decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. NVIDIA Corp. inventories increased from 2022 to 2023 and from 2023 to 2024.