NVIDIA Corporation (NVDA)
Current ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 80,126,000 | 44,345,000 | 44,345,000 | 23,073,000 | 23,073,000 |
| Total current liabilities | US$ in thousands | 18,047,000 | 10,631,000 | 10,631,000 | 6,563,000 | 6,563,000 |
| Current ratio | 4.44 | 4.17 | 4.17 | 3.52 | 3.52 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $80,126,000K ÷ $18,047,000K
= 4.44
The current ratio of NVIDIA Corporation has shown a consistent and positive trend over the past few years. As of January 31, 2025, the current ratio stands at 4.44, indicating that the company's current assets are more than sufficient to cover its current liabilities. This suggests that NVIDIA Corporation has a strong liquidity position, which may provide a cushion against any short-term financial obligations. The increasing trend in the current ratio reflects the company's ability to efficiently manage its short-term assets and liabilities, which could indicate a stable financial position and effective working capital management.
Peer comparison
Jan 31, 2025