NVIDIA Corporation (NVDA)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 8,589,000 | 9,107,000 | 8,563,000 | 7,587,000 | 7,280,000 | 7,280,000 | 5,519,000 | 5,519,000 | 5,783,000 | 5,783,000 | 5,079,000 | 3,389,000 | 3,389,000 | 2,800,000 | 2,800,000 | 3,013,000 | 3,887,000 | 3,887,000 | 1,990,000 | 1,990,000 |
| Short-term investments | US$ in thousands | 34,621,000 | 29,380,000 | 26,237,000 | 23,851,000 | 18,704,000 | 18,704,000 | 12,762,000 | 12,762,000 | 10,240,000 | 10,240,000 | 10,241,000 | 9,907,000 | 9,907,000 | 10,343,000 | 10,343,000 | 14,024,000 | 16,451,000 | 16,451,000 | 19,218,000 | 19,218,000 |
| Total current liabilities | US$ in thousands | 18,047,000 | 16,479,000 | 13,969,000 | 15,223,000 | 10,631,000 | 10,631,000 | 9,101,000 | 9,101,000 | 10,334,000 | 10,334,000 | 7,260,000 | 6,563,000 | 6,563,000 | 6,855,000 | 6,855,000 | 7,573,000 | 5,562,000 | 5,562,000 | 4,335,000 | 4,335,000 |
| Cash ratio | 2.39 | 2.34 | 2.49 | 2.07 | 2.44 | 2.44 | 2.01 | 2.01 | 1.55 | 1.55 | 2.11 | 2.03 | 2.03 | 1.92 | 1.92 | 2.25 | 3.66 | 3.66 | 4.89 | 4.89 |
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 of NVIDIA Corporation has shown fluctuations over the analyzed period. The cash ratio, which measures the company's ability to cover its short-term liabilities with its cash and cash equivalents, was relatively stable around 4.89 in January 2022 and April 2022. However, there was a decrease to 2.25 in July 2022, indicating a lower level of cash reserves compared to its short-term obligations.
Subsequently, the cash ratio further declined to 1.92 in October 2022, but then slightly improved to 2.03 in January 2023 and continued to fluctuate around this level until July 2023. The ratio increased to 2.44 in January 2024 and reached a peak of 2.49 in July 2024, suggesting a stronger liquidity position during these periods.
However, there was a slight decrease to 2.34 in October 2024, followed by another increase to 2.39 in January 2025. Overall, the cash ratio of NVIDIA Corporation has exhibited variability, with periods of higher and lower liquidity levels, reflecting changes in the company's cash position relative to its short-term liabilities.
Peer comparison
Jan 31, 2025