NVIDIA Corporation (NVDA)
Cash ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 8,589,000 | 7,280,000 | 7,280,000 | 3,389,000 | 3,389,000 |
| Short-term investments | US$ in thousands | 34,621,000 | 18,704,000 | 18,704,000 | 9,907,000 | 9,907,000 |
| Total current liabilities | US$ in thousands | 18,047,000 | 10,631,000 | 10,631,000 | 6,563,000 | 6,563,000 |
| Cash ratio | 2.39 | 2.44 | 2.44 | 2.03 | 2.03 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($8,589,000K
+ $34,621,000K)
÷ $18,047,000K
= 2.39
The cash ratio for NVIDIA Corporation has been consistent and healthy over the years, ranging from 2.03 to 2.44. This indicates that the company has a strong ability to cover its short-term liabilities with cash and cash equivalents. A higher cash ratio suggests that NVIDIA has sufficient liquid resources to meet its current obligations without relying heavily on external financing. Overall, the stability and adequacy of NVIDIA's cash ratio reflect a sound financial position and effective liquidity management.
Peer comparison
Jan 31, 2025