Stock Analysis on Net
Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s 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 (quarterly data)

US$ in millions

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Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014
Accounts payable 1,097  893  761  687  591  437  368  511  902  800  623  596  511  431  348  485  523  423  320  296  295  277  222  293  328  262  309 
Accrued and other current liabilities 1,574  1,517  1,142  1,097  884  880  815  818  703  648  469  542  493  517  420  507  507  556  636  642  560  659  661  603  606  607  589 
Short-term debt 998  —  —  —  —  —  —  —  14  14  15  23  84  215  796  1,011  1,428  1,421  1,413  —  —  —  —  —  —  — 
Current liabilities 3,669  2,410  1,903  1,784  1,475  1,317  1,183  1,329  1,608  1,462  1,106  1,153  1,027  1,032  983  1,788  2,041  2,407  2,377  2,351  855  936  883  896  934  869  898 
Long-term debt 5,963  6,960  6,959  1,991  1,990  1,989  1,988  1,988  1,987  1,987  1,986  1,985  1,985  1,984  1,984  1,983  1,982  —  —  —  1,406  1,399  1,391  1,384  1,377  1,370  1,363 
Long-term operating lease liabilities 604  611  519  561  469  483  486  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Other long-term liabilities 1,311  1,285  774  775  662  650  660  633  587  638  651  632  464  408  300  271  213  494  447  453  437  447  448  489  355  374  420 
Capital lease obligations, long-term —  —  —  —  —  —  —  —  —  —  —  —  10  11  12  13  14  15  16  17 
Long-term liabilities 7,878  8,856  8,252  3,327  3,121  3,122  3,134  2,621  2,574  2,625  2,637  2,617  2,450  2,395  2,288  2,260  2,202  502  456  463  1,854  1,858  1,852  1,887  1,747  1,760  1,800 
Total liabilities 11,547  11,266  10,155  5,111  4,596  4,439  4,317  3,950  4,182  4,087  3,743  3,770  3,477  3,427  3,271  4,048  4,243  2,909  2,833  2,814  2,709  2,794  2,735  2,783  2,681  2,629  2,698 
Convertible debt conversion obligation —  —  —  —  —  —  —  —  —  —  —  —  31  45  72  79  87  —  —  —  —  —  —  — 
Preferred stock —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Common stock
Additional paid-in capital 8,301  7,828  7,354  7,045  6,824  6,543  6,317  6,051  5,891  5,681  5,546  5,351  5,219  5,048  4,936  4,708  4,581  4,408  4,218  4,170  4,170  3,938  3,986  3,855  3,783  3,683  3,492 
Treasury stock, at cost (10,530) (10,232) (10,036) (9,814) (9,726) (9,524) (9,474) (9,263) (8,489) (7,821) (7,755) (6,650) (6,614) (6,070) (5,297) (5,039) (4,783) (4,608) (4,508) (4,048) (3,912) (3,765) (3,476) (3,395) (3,391) (3,058) (2,927)
Accumulated other comprehensive income (loss) 12  (10) (3) (1) (2) (12) (24) (23) (23) (18) (14) (12) (14) (16) (4) (4) 10 
Retained earnings 17,550  16,313  15,790  14,971  14,118  13,317  12,862  12,565  12,096  10,957  9,948  8,787  7,760  7,006  6,506  6,108  5,529  4,675  4,484  4,350  4,204  4,010  4,037  3,949  3,802  3,675  3,595 
Shareholders’ equity 15,334  13,914  13,099  12,204  11,214  10,336  9,704  9,342  9,475  8,795  7,717  7,471  6,352  5,973  6,132  5,762  5,324  4,480  4,196  4,469  4,465  4,185  4,556  4,418  4,205  4,305  4,167 
Total liabilities, convertible debt conversion obligation and shareholders’ equity 26,881  25,180  23,254  17,315  15,810  14,775  14,021  13,292  13,657  12,882  11,460  11,241  9,830  9,402  9,410  9,841  9,612  7,461  7,108  7,370  7,174  6,979  7,291  7,201  6,886  6,934  6,865 

Based on: 10-Q (filing date: 2020-11-18), 10-Q (filing date: 2020-08-19), 10-Q (filing date: 2020-05-21), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-14), 10-Q (filing date: 2019-08-15), 10-Q (filing date: 2019-05-16), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-11-15), 10-Q (filing date: 2018-08-16), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-23), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-01), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-17), 10-Q (filing date: 2015-11-18), 10-Q (filing date: 2015-08-19), 10-Q (filing date: 2015-05-20), 10-K (filing date: 2015-03-12), 10-Q (filing date: 2014-11-19), 10-Q (filing date: 2014-08-20), 10-Q (filing date: 2014-05-21).

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.’s current liabilities increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. NVIDIA Corp.’s long-term liabilities increased from Q1 2021 to Q2 2021 but then decreased significantly from Q2 2021 to Q3 2021.
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.’s total liabilities increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
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’s 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.’s shareholders’ equity increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.