NVIDIA (NVIDIA) Cash-to-Debt

: 2.35 (As of Jan. 2024)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NVIDIA's cash to debt ratio for the quarter that ended in Jan. 2024 was 2.35.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, NVIDIA could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for NVIDIA's Cash-to-Debt or its related term are showing as below:

NVDA' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 2.86 Max: 4.12
Current: 2.35

During the past 13 years, NVIDIA's highest Cash to Debt Ratio was 4.12. The lowest was 1.11. And the median was 2.86.

NVDA's Cash-to-Debt is ranked better than
55.23% of 994 companies
in the Semiconductors industry
Industry Median: 1.815 vs NVDA: 2.35

NVIDIA Cash-to-Debt Historical Data

The historical data trend for NVIDIA's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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NVIDIA Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

4.12

1.52

1.79

1.11

2.35

NVIDIA Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt																1.11	1.27	1.46	1.66	2.35

Competitive Comparison

For the Semiconductors subindustry, NVIDIA's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NVIDIA Cash-to-Debt Distribution

For the Semiconductors industry and Technology sector, NVIDIA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NVIDIA's Cash-to-Debt falls into.

NVIDIA Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NVIDIA's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25984	/	(1478	+	9578)
	=	2.35

NVIDIA's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25984	/	(1478	+	9578)
	=	2.35

NVIDIA (NAS:NVDA) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

NVIDIA Cash-to-Debt Related Terms

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NVIDIA (NVIDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (NAS:NVDA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NVDA:Peru NVDA:Mexico NVDA_KZ:Kazakhstan NVDA:Italy NVDd:UK 0R1I:UK NVDG:Germany NVD:Germany NVD:Germany NVD:Germany NVD:Germany NVDA:Canada NVDC34:Brazil NVDA:Austria NVDA:Argentina

Address

2788 San Tomas Expressway, Santa Clara, CA, USA, 95051

Website

https://www.nvidia.com

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Executives

Mark A Stevens	director	2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Debora Shoquist	officer: EVP, Operations	C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Robertson Donald F Jr	officer: Principal Accounting Officer	C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Dawn E Hudson	director	2530 ZANKER ROAD, SAN JOSE CA 95131
John Dabiri	director	2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Jen Hsun Huang	director, officer: President and CEO	2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Kress Colette	officer: Chief Financial Officer & EVP	C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Melissa Lora	director	C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Tench Coxe	director	755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
A Brooke Seawell	director	2788 SAN TOMAS EXPRESSWAY, C/O NVIDIA CORPORATION, SANTA CLARA CA 94063
Harvey C Jones	director	300 RIDGEVIEW DRIVE, PALM BEACH FL 33480
Persis Drell	director	943 LATHROP PLACE, STANFORD CA 94305
Mark L Perry	director	176 WEST BLITHEDALE AVE, MILL VALLEY CA 94941
Robert K Burgess	director	MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Michael G Mccaffery	director	2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051