Nuvei Balance Sheet Health
Financial Health criteria checks 5/6
Nuvei has a total shareholder equity of $2.0B and total debt of $1.3B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are $5.1B and $3.1B respectively. Nuvei's EBIT is $145.4M making its interest coverage ratio 1.3. It has cash and short-term investments of $171.1M.
Key information
61.4%
Debt to equity ratio
US$1.26b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$171.11m |
| Equity | US$2.04b |
| Total liabilities | US$3.09b |
| Total assets | US$5.14b |
Recent financial health updates
No updates
Recent updates
Nuvei Corporation (TSE:NVEI) Doing What It Can To Lift Shares
Feb 28
A Piece Of The Puzzle Missing From Nuvei Corporation's (TSE:NVEI) 26% Share Price Climb
Nov 14Returns At Nuvei (TSE:NVEI) Are On The Way Up
Oct 04Statutory Profit Doesn't Reflect How Good Nuvei's (TSE:NVEI) Earnings Are
Aug 17Broker Revenue Forecasts For Nuvei Corporation (TSE:NVEI) Are Surging Higher
Aug 11Nuvei Corporation (TSE:NVEI) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Mar 13Need To Know: Analysts Are Much More Bullish On Nuvei Corporation (TSE:NVEI)
Mar 11Do Institutions Own Nuvei Corporation (TSE:NVEI) Shares?
Jan 26
Nuvei Corporation's (TSE:NVEI) Profit Outlook
Dec 22Financial Position Analysis
Short Term Liabilities: NVEI's short term assets ($1.8B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: NVEI's short term assets ($1.8B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: NVEI's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: NVEI's debt to equity ratio has reduced from 201.2% to 61.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NVEI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NVEI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.5% per year.