NVIDIA Corporation (NVDA)
Debt-to-capital ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 8,459,000 | — | 9,703,000 |
| Total stockholders’ equity | US$ in thousands | 79,327,000 | 42,978,000 | 42,978,000 | 22,101,000 | 22,101,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.16 | 0.00 | 0.31 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $79,327,000K)
= 0.00
The debt-to-capital ratio of NVIDIA Corporation has shown fluctuations over the years based on the provided data. As of January 29, 2023, the ratio was 0.31, indicating that approximately 31% of the company's capital structure was funded by debt. Subsequently, the ratio dropped to 0.00 by January 31, 2023, implying that there was no debt in the capital structure at that point in time.
Throughout the following years, the debt-to-capital ratio remained at 0.00 as of January 31, 2024, and January 31, 2025. This suggests that NVIDIA Corporation did not have any debt in relation to its capital structure during those periods.
Overall, the company's debt-to-capital ratio has displayed variability, with a mix of debt and equity financing in the past, but recently showing a shift towards a debt-free capital structure.
Peer comparison
Jan 31, 2025