Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Not a Bargaining Chip: Beijing Is Dismantling Nvidia’s China Playbook

It's Official, OpenAI Is Becoming A Multi-Trillion Dollar Hyperscaler

What Are the Arguments in Favor and Against an AI Bubble?

Nvidia’s $Billion China Gamble: Downgraded Chips, Government Cuts, & Geopolitics!

Networking Powers Nvidia's Quarter, but Core Growth Under Scrutiny

Nvidia’s Tightrope in China Narrows, AMD Watches From the Sidelines

AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Equity Bottom-Up

<ul>
<li>Nvidia's operating cash fell to $15.4B from $27.4B last quarter, even as net income climbed to $26.4B.</li>
<li>Receivables jumped to $5.7B with Days Sales Outstanding at 54 days, while accrued liabilities flipped to a $4B drag.</li>
<li>The balance sheet shows a company pushing more product out than cash is coming in; the predicament arising from Nvidia's revenue booking model.</li>
</ul>


Nvidia's operating cash fell to $15.4B from $27.4B last quarter, even as net income climbed to $26.4B.
Receivables jumped to $5.7B with Days Sales Outstanding at 54 days, while accrued liabilities flipped to a $4B drag.
The balance sheet shows a company pushing more product out than cash is coming in; the predicament arising from Nvidia's revenue booking model.


Working Capital Strain: Why Nvidia’s Cash Flow Isn’t Keeping Up with Its Profits

NVIDIA Corp

Working Capital Strain: Why Nvidia’s Cash Flow Isn’t Keeping Up with Its Profits