Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

NVIDIA Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel LibreOffice Calc
Jan 30, 2022 Jan 31, 2021 Jan 26, 2020 Jan 27, 2019 Jan 28, 2018 Jan 29, 2017
Accounts payable 1,783  1,201  687  511  596  485 
Customer program accruals 1,000  630  462  302  181  197 
Accrued payroll and related expenses 409  297  185  186  172  137 
Deferred revenue 300  288  141  92  53  85 
Excess inventory purchase obligations 196  —  —  —  —  — 
Other 647  510  309  238  136  88 
Accrued and other current liabilities 2,552  1,725  1,097  818  542  507 
Short-term debt —  999  —  —  15  796 
Current liabilities 4,335  3,925  1,784  1,329  1,153  1,788 
Long-term debt 10,946  5,964  1,991  1,988  1,985  1,983 
Long-term operating lease liabilities 741  634  561  —  —  — 
Income tax payable 980  836  528  513  559  96 
Deferred income tax 245  241  29  19  18  141 
Deferred revenue 202  163  60  46  15 
Other 126  135  158  55  40  30 
Other long-term liabilities 1,553  1,375  775  633  632  271 
Capital lease obligations, long-term —  —  —  —  — 
Long-term liabilities 13,240  7,973  3,327  2,621  2,617  2,260 
Total liabilities 17,575  11,898  5,111  3,950  3,770  4,048 
Convertible debt conversion obligation —  —  —  —  —  31 
Preferred stock, $.001 par value; none issued —  —  —  —  —  — 
Common stock, $.001 par value
Additional paid-in capital 10,385  8,721  7,045  6,051  5,351  4,708 
Treasury stock, at cost —  (10,756) (9,814) (9,263) (6,650) (5,039)
Accumulated other comprehensive income (loss) (11) 19  (12) (18) (16)
Retained earnings 16,235  18,908  14,971  12,565  8,787  6,108 
Shareholders’ equity 26,612  16,893  12,204  9,342  7,471  5,762 
Total liabilities and shareholders’ equity 44,187  28,791  17,315  13,292  11,241  9,841 

Based on: 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), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. NVIDIA Corp. current liabilities increased from 2020 to 2021 and from 2021 to 2022.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. NVIDIA Corp. long-term liabilities increased from 2020 to 2021 and from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. NVIDIA Corp. total liabilities increased from 2020 to 2021 and from 2021 to 2022.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. NVIDIA Corp. shareholders’ equity increased from 2020 to 2021 and from 2021 to 2022.