NVIDIA Historical Balance Sheet
| NVDA Stock | 33.23 1.06 3.09% |
Trend analysis of NVIDIA CDR balance sheet accounts such as Total Stockholder Equity of 29.9 B provides information on NVIDIA CDR's total assets, liabilities, and equity, which is the actual value of NVIDIA CDR to its prevalent stockholders. By breaking down trends over time using NVIDIA CDR balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About NVIDIA Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NVIDIA CDR at a specified time, usually calculated after every quarter, six months, or one year. NVIDIA CDR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NVIDIA CDR and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NVIDIA currently owns. An asset can also be divided into two categories, current and non-current.
NVIDIA CDR Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NVIDIA CDR assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NVIDIA CDR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on NVIDIA CDR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NVIDIA CDR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from NVIDIA CDR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NVIDIA CDR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, NVIDIA CDR's Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Good Will is expected to grow to about 4.8 B, whereas Total Current Liabilities is forecasted to decline to about 7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 371M | 69M | 199M | 229.8M | Total Assets | 44.2B | 41.2B | 65.7B | 49.5B |
NVIDIA CDR balance sheet Correlations
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NVIDIA CDR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with NVIDIA CDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NVIDIA CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NVIDIA CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with NVIDIA Stock
Moving against NVIDIA Stock
The ability to find closely correlated positions to NVIDIA CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NVIDIA CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NVIDIA CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NVIDIA CDR to buy it.
The correlation of NVIDIA CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NVIDIA CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NVIDIA CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NVIDIA CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NVIDIA Stock
Balance Sheet is a snapshot of the financial position of NVIDIA CDR at a specified time, usually calculated after every quarter, six months, or one year. NVIDIA CDR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NVIDIA CDR and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NVIDIA currently owns. An asset can also be divided into two categories, current and non-current.