NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2020



NVIDIA CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
       
       
  January 26,   January 27,
  2020   2019
ASSETS      
       
Current assets:      
Cash, cash equivalents and marketable securities $ 10,897   $ 7,422
Accounts receivable, net   1,657     1,424
Inventories   979     1,575
Prepaid expenses and other current assets   157     136
Total current assets   13,690     10,557
       
Property and equipment, net   1,674     1,404
Operating lease assets   618     -
Goodwill   618     618
Intangible assets, net   49     45
Deferred income tax assets   548     560
Other assets   118     108
Total assets $ 17,315   $ 13,292
       
LIABILITIES AND SHAREHOLDERS' EQUITY
       
Current liabilities:      
Accounts payable $ 687   $ 511
Accrued and other current liabilities   1,097     818
Total current liabilities   1,784     1,329
       
Long-term debt   1,991     1,988
Long-term operating lease liabilities   561     -
Other long-term liabilities   775     633
Total liabilities   5,111     3,950
       
Shareholders' equity   12,204     9,342
Total liabilities and shareholders' equity $ 17,315   $ 13,292
       

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