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NVIDIA (NVIDIA) Interest Expense : $-257 Mil (TTM As of Jan. 2024)


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What is NVIDIA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NVIDIA's interest expense for the three months ended in Jan. 2024 was $ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-257 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. NVIDIA's Operating Income for the three months ended in Jan. 2024 was $ 13,614 Mil. NVIDIA's Interest Expense for the three months ended in Jan. 2024 was $ -63 Mil. NVIDIA's Interest Coverage for the quarter that ended in Jan. 2024 was 216.10. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


NVIDIA Interest Expense Historical Data

The historical data trend for NVIDIA's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NVIDIA Interest Expense Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.00 -184.00 -236.00 -262.00 -257.00

NVIDIA Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -64.00 -66.00 -65.00 -63.00 -63.00

NVIDIA Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NVIDIA  (NAS:NVDA) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NVIDIA's Interest Expense for the three months ended in Jan. 2024 was $-63 Mil. Its Operating Income for the three months ended in Jan. 2024 was $13,614 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $9,578 Mil.

NVIDIA's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*13614/-63
=216.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. NVIDIA Corp has enough cash to cover all of its debt. Its financial situation is stable.


NVIDIA (NVIDIA) Business Description

Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
Executives
Mark A Stevens director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Debora Shoquist officer: EVP, Operations C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Robertson Donald F Jr officer: Principal Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
John Dabiri director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Jen Hsun Huang director, officer: President and CEO 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Kress Colette officer: Chief Financial Officer & EVP C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
A Brooke Seawell director 2788 SAN TOMAS EXPRESSWAY, C/O NVIDIA CORPORATION, SANTA CLARA CA 94063
Harvey C Jones director 300 RIDGEVIEW DRIVE, PALM BEACH FL 33480
Persis Drell director 943 LATHROP PLACE, STANFORD CA 94305
Mark L Perry director 176 WEST BLITHEDALE AVE, MILL VALLEY CA 94941
Robert K Burgess director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Michael G Mccaffery director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051

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