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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