Stock Analysis on Net
Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

NVIDIA Corp., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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
Current ratio 3.92 6.09 10.29 7.67 8.42 8.65 8.98 7.94 7.08 7.41 8.54 8.03 8.26 7.82 8.26 4.77 4.07 2.56 2.44 2.57 6.82 5.99 6.60 6.38 5.72 6.19 5.87
Quick ratio 3.46 5.42 9.60 7.04 7.61 7.62 7.64 6.66 6.10 6.57 7.70 7.26 7.29 6.87 7.31 4.26 3.68 2.29 2.22 2.36 6.16 5.36 5.94 5.69 5.14 5.59 5.28
Cash ratio 2.76 4.56 8.59 6.11 6.62 6.44 6.60 5.58 4.72 5.43 6.60 6.16 6.15 5.69 6.31 3.80 3.27 2.03 2.00 2.14 5.53 4.81 5.43 5.16 4.54 5.05 4.84

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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. NVIDIA Corp.’s current ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. NVIDIA Corp.’s quick ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. NVIDIA Corp.’s cash ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Current Ratio

NVIDIA Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Current assets 14,393  14,681  19,584  13,690  12,420  11,391  10,629  10,557  11,386  10,831  9,448  9,255  8,479  8,070  8,116  8,536  8,307  6,156  5,790  6,053  5,834  5,608  5,832  5,713  5,341  5,378  5,274 
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 
Liquidity Ratio
Current ratio1 3.92 6.09 10.29 7.67 8.42 8.65 8.98 7.94 7.08 7.41 8.54 8.03 8.26 7.82 8.26 4.77 4.07 2.56 2.44 2.57 6.82 5.99 6.60 6.38 5.72 6.19 5.87
Benchmarks
Current Ratio, Competitors2
Advanced Micro Devices Inc. 2.28 2.10 2.21 1.95 2.10 2.08 2.08 1.78 1.76 1.66 1.62 1.76 1.70 1.73 1.82 1.88 1.92 1.59 1.68 1.65 1.70 1.75 1.93
Analog Devices Inc. 1.84 1.47 1.30 1.08 1.32 1.35 1.52 2.34 1.50 1.58 1.53 1.76 1.47 1.99 1.38 8.91 6.35 6.97 6.76 7.82 3.66 3.92 3.79 6.01
Apple Inc. 1.36 1.47 1.50 1.60 1.54 1.50 1.32 1.30 1.12 1.31 1.46 1.24 1.28 1.39 1.39 1.23 1.35 1.31 1.28 1.00 1.11 1.09 1.16 1.13
Applied Materials Inc. 3.00 2.86 2.67 2.36 2.30 2.65 2.79 2.72 2.64 2.52 2.60 2.96 3.14 2.91 2.93 2.39 2.30 2.50 2.58 3.00 2.44 2.33 2.76 2.75
Broadcom Inc. 1.87 2.04 2.15 1.56 1.44 1.32 1.26 1.27 3.90 3.98 5.87 5.70 6.26 4.48 4.13 3.46 2.31 2.22 2.52 4.61 3.37 3.33 4.50 4.85
Cisco Systems Inc. 1.59 1.72 1.59 1.81 1.70 1.51 1.69 1.80 2.11 2.29 2.34 2.43 2.87 3.03 3.52 3.67 3.58 3.16 3.27 3.29 3.35 3.23 2.98 3.39 3.31
Intel Corp. 1.91 1.66 1.97 1.74 1.40 1.20 1.48 1.54 1.73 1.51 1.57 1.58 1.69 1.60 2.16 1.69 1.75 1.80 1.67 1.56
Lam Research Corp. 3.31 3.43 4.47 3.30 3.59 3.61 3.37 3.39 2.66 2.90 2.64 2.47 3.31 3.10 3.22 3.20 3.86 3.81 2.96 3.00 2.86 2.38 3.49 2.88 2.93
Micron Technology Inc. 2.91 2.71 2.89 2.74 2.56 2.58 2.79 2.25 2.90 2.79 2.63 2.58 2.39 2.34 2.14 1.91 1.71 1.96 2.25 2.00 2.11 2.20 2.19 2.41 2.19
Qualcomm Inc. 2.14 1.97 1.57 1.76 1.88 1.77 1.55 1.54 1.55 2.73 3.60 3.41 4.00 2.95 1.67 1.97 3.14 3.07 2.87 3.13 3.62 4.26 3.36 3.55
Texas Instruments Inc. 4.24 3.92 3.49 4.13 4.34 3.01 3.68 3.27 3.97 6.54 4.62 3.87 3.89 4.00 4.39 3.29 3.31 3.36 2.75 2.77 2.92 2.52 3.36

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).

1 Q3 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 14,393 ÷ 3,669 = 3.92

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. NVIDIA Corp.’s current ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Quick Ratio

NVIDIA Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Cash and cash equivalents 2,251  3,274  15,494  10,896  9,765  7,105  2,772  782  721  718  765  4,002  2,802  1,988  1,989  1,766  1,940  426  547  596  471  435  464  497  395  515  509 
Marketable securities 7,888  7,707  860  1,370  5,030  6,640  6,870  7,225  6,535  3,106  3,518  3,889  4,217  5,032  4,731  4,453  4,207  4,441  4,257  4,070  4,328  4,127  3,846  3,871  3,839 
Accounts receivable, net 2,546  2,084  1,907  1,657  1,455  1,561  1,242  1,424  2,219  1,662  1,220  1,265  1,167  1,213  976  826  833  644  523  505  536  514  455  474  563  470  396 
Total quick assets 12,685  13,065  18,261  12,554  11,224  10,036  9,044  8,846  9,810  9,605  8,520  8,373  7,487  7,090  7,182  7,624  7,504  5,523  5,277  5,542  5,264  5,019  5,247  5,097  4,804  4,856  4,744 
 
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 
Liquidity Ratio
Quick ratio1 3.46 5.42 9.60 7.04 7.61 7.62 7.64 6.66 6.10 6.57 7.70 7.26 7.29 6.87 7.31 4.26 3.68 2.29 2.22 2.36 6.16 5.36 5.94 5.69 5.14 5.59 5.28
Benchmarks
Quick Ratio, Competitors2
Advanced Micro Devices Inc. 1.62 1.46 1.55 1.43 1.40 1.36 1.38 1.21 1.21 1.12 1.05 1.07 1.04 1.01 1.05 1.17 1.29 1.03 0.92 0.94 0.97 1.08 1.30
Analog Devices Inc. 1.31 1.05 0.87 0.70 0.85 0.88 1.03 1.55 1.04 1.11 1.09 1.24 1.09 1.45 1.25 8.37 5.79 6.27 6.07 7.01 3.14 3.36 3.26 5.18
Apple Inc. 1.22 1.31 1.30 1.44 1.38 1.35 1.13 1.14 0.99 1.10 1.24 1.11 1.09 1.22 1.20 1.05 1.22 1.13 1.10 0.82 0.89 0.84 0.87 0.85
Applied Materials Inc. 1.95 1.76 1.75 1.45 1.38 1.57 1.63 1.63 1.62 1.59 1.75 2.19 2.34 2.17 2.23 1.71 1.66 1.73 1.74 2.06 1.77 1.57 1.86 1.85
Broadcom Inc. 1.56 1.72 1.88 1.30 1.21 1.09 1.04 1.05 3.26 3.27 5.15 4.84 5.40 3.55 3.18 2.58 1.71 1.52 1.47 3.75 2.54 2.27 3.60 3.89
Cisco Systems Inc. 1.45 1.58 1.46 1.64 1.54 1.39 1.56 1.67 1.97 2.11 2.22 2.33 2.76 2.92 3.40 3.56 3.46 3.05 3.01 3.03 3.09 2.97 2.73 3.08 3.03
Intel Corp. 1.24 1.15 1.48 1.22 0.93 0.75 0.92 1.00 1.11 0.95 0.96 1.06 1.13 1.13 1.67 1.04 1.07 1.13 1.18 1.10
Lam Research Corp. 2.63 2.78 3.60 2.62 2.94 2.90 2.73 2.54 1.93 2.26 2.17 2.04 2.77 2.62 2.73 2.73 3.42 3.34 2.47 2.50 2.38 1.96 2.88 2.24 2.35
Micron Technology Inc. 1.89 1.82 1.98 1.81 1.74 1.74 1.84 1.62 2.12 2.13 2.04 2.03 1.80 1.72 1.52 1.30 1.19 1.34 1.57 1.36 1.46 1.54 1.62 1.76 1.56
Qualcomm Inc. 1.75 1.57 1.33 1.54 1.65 1.54 1.33 1.30 1.33 2.41 3.40 3.20 3.75 2.66 1.40 1.61 2.85 2.78 2.58 2.75 3.16 3.83 2.86 3.13
Texas Instruments Inc. 3.16 2.84 2.54 3.04 3.19 2.13 2.56 2.20 2.81 4.56 2.97 2.55 2.44 2.37 2.74 2.10 2.11 1.95 1.68 1.72 1.69 1.48 2.06

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).

1 Q3 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,685 ÷ 3,669 = 3.46

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. NVIDIA Corp.’s quick ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Cash Ratio

NVIDIA Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Cash and cash equivalents 2,251  3,274  15,494  10,896  9,765  7,105  2,772  782  721  718  765  4,002  2,802  1,988  1,989  1,766  1,940  426  547  596  471  435  464  497  395  515  509 
Marketable securities 7,888  7,707  860  1,370  5,030  6,640  6,870  7,225  6,535  3,106  3,518  3,889  4,217  5,032  4,731  4,453  4,207  4,441  4,257  4,070  4,328  4,127  3,846  3,871  3,839 
Total cash assets 10,139  10,981  16,354  10,897  9,769  8,475  7,802  7,422  7,591  7,943  7,300  7,108  6,320  5,877  6,206  6,798  6,671  4,879  4,754  5,037  4,728  4,505  4,792  4,623  4,241  4,386  4,348 
 
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 
Liquidity Ratio
Cash ratio1 2.76 4.56 8.59 6.11 6.62 6.44 6.60 5.58 4.72 5.43 6.60 6.16 6.15 5.69 6.31 3.80 3.27 2.03 2.00 2.14 5.53 4.81 5.43 5.16 4.54 5.05 4.84
Benchmarks
Cash Ratio, Competitors2
Advanced Micro Devices Inc. 0.73 0.73 0.70 0.64 0.65 0.63 0.68 0.58 0.56 0.53 0.62 0.80 0.55 0.58 0.69 0.94 0.85 0.61 0.54 0.56 0.52 0.59 0.70
Analog Devices Inc. 0.77 0.65 0.50 0.37 0.43 0.41 0.52 0.71 0.58 0.58 0.56 0.67 0.66 0.83 1.14 7.78 5.18 5.60 5.48 6.38 2.72 2.93 2.88 4.54
Apple Inc. 0.86 0.98 0.98 1.05 0.95 1.05 0.85 0.80 0.57 0.80 0.98 0.67 0.74 0.94 0.91 0.72 0.85 0.86 0.81 0.50 0.52 0.53 0.56 0.44
Applied Materials Inc. 1.29 1.11 1.20 0.87 0.81 0.94 1.00 0.98 0.99 0.92 1.17 1.69 1.77 1.65 1.65 1.09 1.03 1.10 1.01 1.35 1.31 0.91 1.20 1.22
Broadcom Inc. 1.20 1.32 1.39 0.83 0.73 0.66 0.63 0.61 1.84 1.89 3.85 3.59 4.43 2.46 2.17 1.67 1.01 0.72 0.77 2.52 1.63 1.42 2.77 3.04
Cisco Systems Inc. 1.11 1.16 1.10 1.23 1.14 1.05 1.24 1.37 1.61 1.72 1.90 2.08 2.44 2.56 2.99 3.16 3.06 2.64 2.65 2.65 2.67 2.56 2.34 2.65 2.60
Intel Corp. 0.97 0.83 1.15 0.87 0.59 0.48 0.61 0.64 0.70 0.67 0.70 0.81 0.80 0.85 1.38 0.81 0.84 0.88 0.95 0.86
Lam Research Corp. 1.95 2.12 2.56 1.83 2.27 2.29 2.19 1.68 1.28 1.57 1.64 1.46 2.22 2.05 2.13 2.19 2.90 2.82 1.94 2.01 1.90 1.55 2.28 1.69 1.81
Micron Technology Inc. 1.24 1.23 1.40 1.28 1.20 1.24 1.24 1.02 1.07 1.18 1.20 1.31 1.11 1.02 0.84 0.75 0.75 0.91 1.11 0.91 0.90 0.90 1.06 1.09 0.96
Qualcomm Inc. 1.29 1.34 1.02 1.24 1.37 1.32 0.98 0.98 1.08 2.22 3.13 2.94 3.42 2.28 0.98 1.35 2.55 2.50 2.33 2.54 2.84 3.51 2.52 2.78
Texas Instruments Inc. 2.53 2.29 1.99 2.54 2.52 1.59 1.89 1.71 2.15 3.50 2.19 1.98 1.68 1.59 1.90 1.54 1.45 1.28 1.16 1.26 1.09 1.04 1.45

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).

1 Q3 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 10,139 ÷ 3,669 = 2.76

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. NVIDIA Corp.’s cash ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.