NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2024
NVIDIA CORPORATION
|
CONDENSED CONSOLIDATED BALANCE SHEETS
| | (In millions) | | (Unaudited) | | | | | | | | | | | | | | | | | | | | | | |
January 28,
| |
January 29,
| | | | |
2024
| |
2023 | |
ASSETS | | | | | | | | | | | | | | | | Current assets: | | | | | | | | Cash, cash equivalents and marketable securities | $ | 25,984 | | | $ | 13,296 | | | | Accounts receivable, net | | 9,999 | | | | 3,827 | | | | Inventories | | 5,282 | | | | 5,159 | | | | Prepaid expenses and other current assets | | 3,080 | | | | 791 | | | | |
Total current assets | |
44,345 | | | |
23,073 | | | | | | | | | | | | Property and equipment, net | | 3,914 | | | | 3,807 | | | Operating lease assets | | 1,346 | | | | 1,038 | | | Goodwill | | 4,430 | | | | 4,372 | | | Intangible assets, net | | 1,112 | | | | 1,676 | | | Deferred income tax assets | | 6,081 | | | | 3,396 | | | Other assets | | 4,500 | | | | 3,820 | | | | |
Total assets |
$ |
65,728 | | |
$ |
41,182 | | | | | | | | | | | |
LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | | | Current liabilities: | | | | | | | | Accounts payable | $ | 2,699 | | | $ | 1,193 | | | | Accrued and other current liabilities | | 6,682 | | | | 4,120 | | | | Short-term debt | | 1,250 | | | | 1,250 | | | | |
Total current liabilities | |
10,631 | | | |
6,563 | | | | | | | | | | | | Long-term debt | | 8,459 | | | | 9,703 | | | Long-term operating lease liabilities | | 1,119 | | | | 902 | | | Other long-term liabilities | | 2,541 | | | | 1,913 | | | | |
Total liabilities | |
22,750 | | | |
19,081 | | | | | | | | | | | | Shareholders' equity | | 42,978 | | | | 22,101 | | | | |
Total liabilities and shareholders' equity |
$ |
65,728 | | |
$ |
41,182 | |
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