NVIDIA Corporation Working Capital to Net Assets Ratio
NVIDIA Corporation working capital to net assets ratio. NVIDIA Corporation (NVDA) has a Working Capital to Net Assets ratio of 59.4% as of January 2026. Working capital of $93.44 Billion (current assets of $125.61 Billion minus current liabilities of $32.16 Billion) is measured against net assets of $157.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NVIDIA Corporation (NVDA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NVIDIA Corporation (1999–2026)
Working capital to net assets ratio of NVIDIA Corporation from 1999 to 2026. This chart shows how NVIDIA Corporation's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1999 to 2026. As of January 2026, the ratio stands at 59.4%, reflecting working capital of $93.44 Billion against net assets of $157.29 Billion USD. See how many days can NVIDIA Corporation fund operations to measure how many days the company can operate on defensive assets alone.
NVIDIA Corporation Working Capital to Net Assets Ratio by Year (1999–2026)
NVIDIA Corporation working capital to net assets ratio by year from 1999 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for NVIDIA Corporation from 1999 to 2026, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NVIDIA Corporation balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 59.4% | $93.44 Billion | $157.29 Billion | $125.61 Billion | $32.16 Billion | ▼ -18.9 pp |
| 2025 | 78.3% | $62.08 Billion | $79.33 Billion | $80.13 Billion | $18.05 Billion | ▼ -0.2 pp |
| 2024 | 78.4% | $33.71 Billion | $42.98 Billion | $44.34 Billion | $10.63 Billion | ▲ +3.7 pp |
| 2023 | 74.7% | $16.51 Billion | $22.10 Billion | $23.07 Billion | $6.56 Billion | ▼ -17.3 pp |
| 2022 | 92.0% | $24.49 Billion | $26.61 Billion | $28.83 Billion | $4.33 Billion | ▲ +20.2 pp |
| 2021 | 71.8% | $12.13 Billion | $16.89 Billion | $16.05 Billion | $3.92 Billion | ▼ -25.8 pp |
| 2020 | 97.6% | $11.91 Billion | $12.20 Billion | $13.69 Billion | $1.78 Billion | ▼ -1.2 pp |
| 2019 | 98.8% | $9.23 Billion | $9.34 Billion | $10.56 Billion | $1.33 Billion | ▼ -9.7 pp |
| 2018 | 108.4% | $8.10 Billion | $7.47 Billion | $9.26 Billion | $1.15 Billion | ▼ -8.1 pp |
| 2017 | 116.6% | $6.72 Billion | $5.76 Billion | $8.54 Billion | $1.82 Billion | ▲ +35.7 pp |
| 2016 | 80.9% | $3.62 Billion | $4.47 Billion | $6.05 Billion | $2.44 Billion | ▼ -28.1 pp |
| 2015 | 109.0% | $4.82 Billion | $4.42 Billion | $5.71 Billion | $896.03 Million | ▲ +4.0 pp |
| 2014 | 105.0% | $4.68 Billion | $4.46 Billion | $5.62 Billion | $945.50 Million | ▲ +26.3 pp |
| 2013 | 78.7% | $3.80 Billion | $4.83 Billion | $4.78 Billion | $976.22 Million | ▲ +6.9 pp |
| 2012 | 71.8% | $2.98 Billion | $4.15 Billion | $3.91 Billion | $929.96 Million | ▼ 0.0 pp |
| 2011 | 71.8% | $2.28 Billion | $3.18 Billion | $3.23 Billion | $942.68 Million | ▲ +8.1 pp |
| 2010 | 63.7% | $1.70 Billion | $2.67 Billion | $2.48 Billion | $784.38 Million | ▲ +5.6 pp |
| 2009 | 58.0% | $1.39 Billion | $2.39 Billion | $2.17 Billion | $778.59 Million | ▼ -15.4 pp |
| 2008 | 73.4% | $1.92 Billion | $2.62 Billion | $2.89 Billion | $967.16 Million | ▲ +4.0 pp |
| 2007 | 69.4% | $1.39 Billion | $2.01 Billion | $2.03 Billion | $638.81 Million | ▼ -6.8 pp |
| 2006 | 76.2% | $1.11 Billion | $1.46 Billion | $1.55 Billion | $438.66 Million | ▲ +1.2 pp |
| 2005 | 75.0% | $883.77 Million | $1.18 Billion | $1.30 Billion | $421.16 Million | ▲ +6.6 pp |
| 2004 | 68.4% | $718.60 Million | $1.05 Billion | $1.05 Billion | $334.11 Million | ▼ -35.9 pp |
| 2003 | 104.2% | $972.15 Million | $932.69 Million | $1.35 Billion | $379.45 Million | ▼ -0.6 pp |
| 2002 | 104.8% | $800.62 Million | $763.82 Million | $1.23 Billion | $433.49 Million | ▼ -97.3 pp |
| 2001 | 202.1% | $820.07 Million | $405.71 Million | $930.41 Million | $110.33 Million | ▲ +124.3 pp |
| 2000 | 77.8% | $97.00 Million | $124.60 Million | $173.20 Million | $76.20 Million | ▼ -6.3 pp |
| 1999 | 84.1% | $54.00 Million | $64.20 Million | $101.10 Million | $47.10 Million | — |