NVIDIA (BSP:NVDC34) LT-Debt-to-Total-Asset

: 0.15 (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. NVIDIA's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.15.

NVIDIA's long-term debt to total assets ratio declined from Jan. 2023 (0.26) to Jan. 2024 (0.15). It may suggest that NVIDIA is progressively becoming less dependent on debt to grow their business.

NVIDIA LT-Debt-to-Total-Asset Historical Data

The historical data trend for NVIDIA's LT-Debt-to-Total-Asset 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.

* Premium members only.

NVIDIA Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.23

0.26

0.15

NVIDIA Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.24	0.19	0.18	0.15

NVIDIA LT-Debt-to-Total-Asset Calculation

NVIDIA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	47106.52	/	323263.45
	=	0.15

NVIDIA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	47106.52	/	323263.45
	=	0.15

NVIDIA (BSP:NVDC34) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

NVIDIA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of NVIDIA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

NVIDIA (BSP:NVDC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (BSP:NVDC34) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NVDA:USA NVDA:Peru NVDA:Mexico NVDA_KZ:Kazakhstan NVDA:Italy NVDd:UK 0R1I:UK NVD:Germany NVDA:Canada 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.

NVIDIA (BSP:NVDC34) Headlines

No Headlines