NVIDIA Quick Ratio from 2010 to 2024

NVDA Stock  USD 874.15  14.14  1.64%   
NVIDIA's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Quick Ratio is expected to go to 3.56 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
3.38472392
Current Value
3.56433121
Quarterly Volatility
1.72217091
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NVIDIA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVIDIA main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 269.9 M or Selling General Administrative of 2.8 B, as well as many exotic indicators such as Price To Sales Ratio of 19.59, Dividend Yield of 0.0012 or PTB Ratio of 19.34. NVIDIA financial statements analysis is a perfect complement when working with NVIDIA Valuation or Volatility modules.
  
This module can also supplement various NVIDIA Technical models . Check out the analysis of NVIDIA Correlation against competitors.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

Latest NVIDIA's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of NVIDIA over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. NVIDIA's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVIDIA's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

NVIDIA Quick Ratio Regression Statistics

Arithmetic Mean5.16
Geometric Mean4.87
Coefficient Of Variation33.36
Mean Deviation1.53
Median5.69
Standard Deviation1.72
Sample Variance2.97
Range4.6406
R-Value(0.31)
Mean Square Error2.89
R-Squared0.1
Significance0.26
Slope(0.12)
Total Sum of Squares41.52

NVIDIA Quick Ratio History

2024 3.56
2020 3.38
2015 7.04
2011 5.69
2010 2.4

About NVIDIA Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NVIDIA income statement, its balance sheet, and the statement of cash flows. NVIDIA investors use historical funamental indicators, such as NVIDIA's Quick Ratio, to determine how well the company is positioned to perform in the future. Although NVIDIA investors may use each financial statement separately, they are all related. The changes in NVIDIA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NVIDIA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NVIDIA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NVIDIA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.38  3.56 

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When determining whether NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:
Check out the analysis of NVIDIA Correlation against competitors.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.
Note that the NVIDIA information on this page should be used as a complementary analysis to other NVIDIA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is NVIDIA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVIDIA. If investors know NVIDIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVIDIA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.613
Dividend Share
0.16
Earnings Share
11.95
Revenue Per Share
24.675
Quarterly Revenue Growth
2.653
The market value of NVIDIA is measured differently than its book value, which is the value of NVIDIA that is recorded on the company's balance sheet. Investors also form their own opinion of NVIDIA's value that differs from its market value or its book value, called intrinsic value, which is NVIDIA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVIDIA's market value can be influenced by many factors that don't directly affect NVIDIA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVIDIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVIDIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVIDIA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.