NVIDIA Announces Financial Results for Third Quarter Fiscal 2024


NVIDIA CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
       
       
     October 29,  January 29,
      2023   2023
ASSETS    
       
Current assets:    
 Cash, cash equivalents and marketable securities $18,281 $13,296
 Accounts receivable, net  8,309  3,827
 Inventories  4,779  5,159
 Prepaid expenses and other current assets  1,289  791
   Total current assets   32,658   23,073
         
Property and equipment, net     3,844     3,807
Operating lease assets     1,316     1,038
Goodwill     4,430     4,372
Intangible assets, net     1,251     1,676
Deferred income tax assets     5,982     3,396
Other assets     4,667     3,820
    Total assets   $ 54,148   $ 41,182
             
LIABILITIES AND SHAREHOLDERS’ EQUITY
             
Current liabilities:        
  Accounts payable   $ 2,380   $ 1,193
  Accrued and other current liabilities     5,472     4,120
  Short-term debt     1,249     1,250
    Total current liabilities     9,101     6,563
             
Long-term debt     8,457     9,703
Long-term operating lease liabilities     1,091     902
Other long-term liabilities     2,234     1,913
    Total liabilities     20,883     19,081
             
Shareholders’ equity     33,265     22,101
    Total liabilities and shareholders’ equity   $ 54,148   $ 41,182
             

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