Balance Sheet Quality
Below are latest “mrq” balance sheet snapshots from Yahoo Finance. Values are as reported by Yahoo Finance key statistics pages. TSM figures are in NTD. Others are in USD.
| Ticker | Total Cash (mrq) | Total Debt (mrq) | Debt/Equity (mrq) | Current Ratio (mrq) | Notes |
|---|---|---|---|---|---|
| NVDA | $56.79B | $10.60B | 10.58% | 4.21 | Strong net cash position and high liquidity. Yahoo Finance |
| TSM | NTD 2.75T | NTD 956.66B | 19.00% | 2.69 | Conservative leverage, large cash balance. Yahoo Finance |
| ASML | $5.13B | $2.70B | 14.24% | 1.31 | Low leverage for scale and backlog. Yahoo Finance |
| MU | $10.31B | $15.35B | 28.34% | 2.52 | Moderate leverage, improving with HBM cycle. Yahoo Finance |
| AVGO | $11.11B | $40.46B | 166.03% | 1.50 | Higher leverage, backed by strong cash flow. Yahoo Finance |
| SMCI | $5.18B | $5.06B | 80.28% | 5.25 | Near neutral net cash, very solid liquidity. Yahoo Finance |
| ANET | $8.84B | — | — | 3.33 | No reported debt, large cash reserve. Yahoo Finance |
| VRT | $1.77B | $3.18B | 101.76% | 1.74 | Leverage near equity level, still manageable. Yahoo Finance |
| ETN | $584M | $9.82B | 62.39% | — | Modest leverage for an industrial peer. Yahoo Finance+1 |
Takeaways
- Balance sheet strength leaders: NVIDIA and Arista hold large net cash and ample liquidity, which supports R&D and cushions volatility. Yahoo Finance+1
- Moderate leverage with improving cash flow: Micron and TSMC maintain conservative profiles relative to their growth outlooks. Yahoo Finance+1
- Higher leverage cohort: Broadcom and Vertiv use more debt, but both are supported by durable demand tied to AI infrastructure. Yahoo Finance+1
- Liquidity standouts: Super Micro shows strong current ratio after scaling inventory and working capital for AI server demand. Yahoo Finance
Updated on Oct 17, 2025