Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

$24.99

Current Ratio
since 2005

Microsoft Excel

Calculation

NVIDIA Corp., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-25), 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), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).

1 US$ in millions


The current ratio, a liquidity metric, exhibits considerable fluctuation over the observed period. Initially, the ratio demonstrates a generally healthy level, fluctuating between 3.10 and 3.53 from 2005 to 2006, before decreasing to 3.18 in 2007. A slight recovery to 2.99 is noted in 2008, followed by a decline to 2.78 in 2009.

2010-2014: Increasing Liquidity
From 2010 through 2014, the current ratio shows a marked improvement, increasing from 3.16 to a peak of 6.38. This suggests a strengthening of the short-term liquidity position during this period. The increase is particularly pronounced between 2012 and 2014, indicating a substantial increase in current assets relative to current liabilities.

A significant decrease is observed in 2015, with the current ratio falling to 2.57. This is followed by a substantial rebound, with the ratio reaching 4.77 in 2017 and peaking at 8.03 in 2018. The ratio remains relatively high in 2019 at 7.94, before beginning a downward trend.

2020-2024: Recent Fluctuations
The period from 2020 to 2024 demonstrates increased volatility. The ratio declines to 4.09 in 2020, then increases to 6.65 in 2022, before decreasing again to 4.17 in 2023 and 3.91 in 2024. This suggests a less stable liquidity position in recent years, potentially reflecting changes in working capital management or business cycles. The most recent value, 3.91, indicates a return to levels observed earlier in the period, but remains below the peak values seen in the mid-2010s.

Overall, the current ratio has experienced substantial variation. While generally above 1.0, indicating sufficient current assets to cover current liabilities, the fluctuations suggest potential shifts in the company’s operational and financial strategies. The recent downward trend warrants further investigation to determine the underlying causes and potential implications for short-term financial health.


Comparison to Competitors

NVIDIA Corp., current ratio, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-25), 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), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

NVIDIA Corp., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-25), 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), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).


Comparison to Industry (Information Technology)