Balance sheet analysis
Nvidia’ s $65.7 billion and $41.2 billion as of January 28, 2024 and January 29, 2023, respectively.
Current assets were $44.3 billion as of January 28, 2024.
Current liabilities were $10.6 billion as of January 28, 2024.
The current ratio was 4.18 times for fiscal 2024.
Total liabilities were $22.8 billion as of January 28, 2024.
The debt ratio was 34.7% for fiscal 2024.
Nvidia’ s balance sheet was very healthy.
Profitability analysis
Nvidia’ s revenue was $61 billion, $27 billion and $27 billion in the year ended January 28, 2024,the year ended January 29, 2023 and January 30, 2022, respectively.
Revenue in fiscal 2024 was up 126% year-on-year.
Gross profit was $44.3 billion, $15.3 billion and $17.5 billion in fiscal 2024, fiscal 2023 and fiscal 2022, respectively.
Gross profit margin was 72.6%, 56.7% and 64.8% in fiscal 2024, fiscal 2023 and fiscal 2022, respectively.
Net income was $29.76 billion, $4.37 billion and $9.75 billion for fiscal 2024, fiscal 2023 and fiscal 2022, respectively.
Net cash provided by operating activities was $28 billion, $5.6 billion and $9.1 billion for fiscal 2024, fiscal 2023 and fiscal 2022, respectively.
Conclusion
The company ‘s balance sheet was very healthy.
Nvidia ‘s gross profit margin surged to 72% as the amount of revenues soared.
The Cash flow was very strong.
Nvidia is a very great company.
It is hard to estimate Nvidia’ s valuation because of the huge fluctuations in revenues.
Disclaimer: The content is for reference only and does not constitute investment advice.
Introduction
NVIDIA pioneered accelerated computing to help solve the most challenging computational problems. NVIDIA is now a full-stack computing infrastructure company with data-center-scale offerings that are reshaping industry.
We report our business results in two segments.
The Compute & Networking segment is comprised of our Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet; our NVIDIA DRIVE automated-driving platform and automotive development agreements; Jetson robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud software and services.
The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU, or vGPU, software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse Enterprise software for building and operating metaverse and 3D internet applications.
