NVIDIA Gross Profit vs Extraordinary Items Analysis

NVDA Stock  USD 130.39  1.61  1.22%   
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 Gross Profit and its Extraordinary Items 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 closely tied 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.

Gross Profit vs Extraordinary Items

Gross Profit vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVIDIA Gross Profit account and Extraordinary Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between NVIDIA's Gross Profit and Extraordinary Items is 0.74. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of NVIDIA, assuming nothing else is changed. The correlation between historical values of NVIDIA's Gross Profit and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of NVIDIA are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Gross Profit i.e., NVIDIA's Gross Profit and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NVIDIA minus its cost of goods sold. It is profit before NVIDIA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Extraordinary Items

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 closely tied 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 Sales General And Administrative To Revenue is forecasted to decline to 0.11.
 2021 2022 2023 2024 (projected)
Gross Profit17.5B15.4B44.3B46.5B
Total Revenue26.9B27.0B60.9B64.0B

NVIDIA fundamental ratios Correlations

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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
0.941.00.880.870.910.960.730.810.90.460.970.980.920.850.370.920.710.840.980.870.910.530.960.960.99
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
0.860.850.880.860.840.830.630.620.830.360.870.860.810.840.180.840.870.790.880.840.840.580.830.910.82
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
0.980.960.970.960.960.980.650.830.940.50.990.950.920.930.280.960.980.860.910.990.960.950.650.970.93
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 Outstanding24.7B25.1B25.4B25.1B24.9B24.9B
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 closely tied 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.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Semiconductors & Semiconductor Equipment space 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
1.68
Earnings Share
2.53
Revenue Per Share
3.91
Quarterly Revenue Growth
1.224
Return On Assets
0.5526
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.