NVIDIA Cost of Revenue vs Operating Income Analysis

NVDA Stock  USD 824.23  29.05  3.65%   
NVIDIA financial indicator trend analysis is infinitely more than just investigating NVIDIA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVIDIA is a good investment. Please check the relationship between NVIDIA Cost Of Revenue and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

Cost Of Revenue vs Operating Income

Cost of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVIDIA Cost of Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NVIDIA's Cost of Revenue and Operating Income is 0.91. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of NVIDIA, assuming nothing else is changed. The correlation between historical values of NVIDIA's Cost of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of NVIDIA are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost of Revenue i.e., NVIDIA's Cost of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on NVIDIA income statement and represents the costs associated with goods and services NVIDIA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from NVIDIA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of NVIDIA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from NVIDIA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVIDIA current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.At present, NVIDIA's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 4.3 B, whereas Enterprise Value is forecasted to decline to about 179 M.
 2021 2022 2023 2024 (projected)
Gross Profit17.5B15.4B44.3B46.5B
Total Revenue26.9B27.0B60.9B64.0B

NVIDIA fundamental ratios Correlations

0.940.970.971.00.970.570.920.990.590.980.910.980.980.360.940.950.890.860.990.980.990.630.980.980.91
0.940.880.880.90.950.750.80.890.430.970.980.910.840.360.990.920.710.840.980.870.90.590.960.950.99
0.970.880.990.970.950.50.880.950.60.950.850.920.970.270.880.980.940.880.960.990.970.70.950.970.83
0.970.880.990.970.930.520.890.960.570.950.840.930.970.310.870.950.950.860.950.980.970.770.950.960.82
1.00.90.970.970.950.510.940.990.620.960.870.980.990.350.910.930.920.840.970.991.00.620.960.960.87
0.970.950.950.930.950.560.880.930.620.980.930.930.910.370.960.970.820.830.980.950.950.60.990.980.92
0.570.750.50.520.510.560.350.52-0.270.680.810.50.450.160.730.590.310.630.660.450.50.450.610.650.77
0.920.80.880.890.940.880.350.940.680.860.740.940.930.410.810.820.860.620.870.920.940.550.890.830.76
0.990.890.950.960.990.930.520.940.590.950.860.980.980.360.90.90.910.830.950.970.990.610.940.940.86
0.590.430.60.570.620.62-0.270.680.590.490.320.640.620.30.460.530.60.360.520.650.630.250.560.50.4
0.980.970.950.950.960.980.680.860.950.490.960.930.920.320.970.960.830.870.990.950.950.650.990.990.94
0.910.980.850.840.870.930.810.740.860.320.960.860.810.310.980.90.660.860.950.830.860.530.930.950.98
0.980.910.920.930.980.930.50.940.980.640.930.860.960.420.920.890.860.810.950.950.990.560.940.920.88
0.980.840.970.970.990.910.450.930.980.620.920.810.960.280.850.920.960.840.930.990.990.630.920.930.8
0.360.360.270.310.350.370.160.410.360.30.320.310.420.280.370.330.190.180.360.30.370.250.410.280.36
0.940.990.880.870.910.960.730.810.90.460.970.980.920.850.370.920.710.840.980.870.910.530.960.960.99
0.950.920.980.950.930.970.590.820.90.530.960.90.890.920.330.920.860.870.960.950.930.670.960.980.88
0.890.710.940.950.920.820.310.860.910.60.830.660.860.960.190.710.860.790.830.950.920.680.820.860.64
0.860.840.880.860.840.830.630.620.830.360.870.860.810.840.180.840.870.790.880.840.840.580.830.910.82
0.990.980.960.950.970.980.660.870.950.520.990.950.950.930.360.980.960.830.880.950.960.650.980.990.95
0.980.870.990.980.990.950.450.920.970.650.950.830.950.990.30.870.950.950.840.950.980.660.950.960.82
0.990.90.970.971.00.950.50.940.990.630.950.860.990.990.370.910.930.920.840.960.980.610.950.950.87
0.630.590.70.770.620.60.450.550.610.250.650.530.560.630.250.530.670.680.580.650.660.610.660.650.48
0.980.960.950.950.960.990.610.890.940.560.990.930.940.920.410.960.960.820.830.980.950.950.660.970.92
0.980.950.970.960.960.980.650.830.940.50.990.950.920.930.280.960.980.860.910.990.960.950.650.970.93
0.910.990.830.820.870.920.770.760.860.40.940.980.880.80.360.990.880.640.820.950.820.870.480.920.93
Click cells to compare fundamentals

NVIDIA Account Relationship Matchups

NVIDIA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3B28.8B44.2B41.2B65.7B69.0B
Short Long Term Debt Total2.6B7.6B11.7B11.9B11.1B11.6B
Other Current Liab865M1.4B2.1B3.8B5.7B6.0B
Total Current Liabilities1.8B3.9B4.3B6.6B10.6B11.2B
Total Stockholder Equity12.2B16.9B26.6B22.1B43.0B45.1B
Property Plant And Equipment Net2.3B2.9B3.6B4.8B5.3B5.5B
Net Debt(8.3B)6.8B9.7B8.5B3.8B4.0B
Retained Earnings15.0B18.9B16.2B10.2B29.8B31.3B
Accounts Payable687M1.2B1.8B1.2B2.7B2.8B
Cash10.9B847M2.0B3.4B7.3B7.6B
Non Current Assets Total3.6B12.7B15.4B18.1B21.4B22.5B
Non Currrent Assets Other41M2B3.6B3.5B3.0B3.1B
Cash And Short Term Investments10.9B11.6B21.2B13.3B26.0B27.3B
Net Receivables1.7B2.4B4.7B3.8B10.0B10.5B
Common Stock Shares Outstanding2.5B2.5B2.5B2.5B2.5B2.5B
Liabilities And Stockholders Equity17.3B28.8B44.2B41.2B65.7B69.0B
Non Current Liabilities Total3.3B8.0B13.2B12.5B12.1B12.7B
Inventory979M1.8B2.6B5.2B5.3B5.5B
Other Current Assets157M239M366M791M3.1B3.2B
Other Stockholder Equity(2.8B)(2.0B)10.4B12.0B13.1B13.8B
Total Liab5.1B11.9B17.6B19.1B22.8B23.9B
Property Plant And Equipment Gross2.3B2.9B3.6B4.8B8.8B9.2B
Total Current Assets13.7B16.1B28.8B23.1B44.3B46.6B
Accumulated Other Comprehensive Income1M19M(11M)(43M)27M28.4M
Other Liab775M1.4B1.6B1.9B2.2B2.3B
Other Assets666M3.0B5.1B6.9B8.0B8.4B
Long Term Debt2.0B6.0B10.9B9.7B8.5B8.9B
Property Plant Equipment1.7B2.1B3.6B3.8B4.4B4.6B
Short Term Investments1M10.7B19.2B9.9B18.7B19.6B
Current Deferred Revenue141M288M300M354M764M802.2M
Intangible Assets49M2.7B2.3B1.7B1.1B1.2B
Treasury Stock(6.7B)(9.3B)(9.8B)(10.8B)(9.7B)(9.2B)
Net Tangible Assets11.5B10.0B19.9B16.1B18.5B19.4B
Retained Earnings Total Equity15.0B18.9B16.2B10.2B11.7B8.6B
Long Term Debt Total2.0B6.0B10.9B9.7B11.2B11.7B
Capital Surpluse7.0B8.7B10.4B12.0B13.8B14.5B

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running NVIDIA's price analysis, check to measure NVIDIA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVIDIA is operating at the current time. Most of NVIDIA's value examination focuses on studying past and present price action to predict the probability of NVIDIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVIDIA's price. Additionally, you may evaluate how the addition of NVIDIA to your portfolios can decrease your overall portfolio volatility.
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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.