Nuvei Corporation

Nuvei Corporationverified

NVEI.TO

Price:

$45.18

Market Cap:

$4.71B

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. It provides a suite of payment solutions to support lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels. The company sells and distributes its solutions through direct sales, indirect sales for small-and-medium sized businesses, and eCommerce resellers. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.[Read more]

Industry

Software - Infrastructure

IPO Date

2020-09-18

Stock Exchange

TSX

Ticker

NVEI.TO

The Current Ratio as of September 2024 (TTM) for Nuvei Corporation (NVEI.TO) is 1.06

According to Nuvei Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.06. This represents a change of 1.77% compared to the average of 1.04 of the last 4 quarters.

Nuvei Corporation (NVEI.TO) Historical Current Ratio (quarterly & annually)

How has NVEI.TO Current Ratio performed in the past?

The mean historical Current Ratio of Nuvei Corporation over the last ten years is 1.01. The current 1.06 Current Ratio has changed 10.45% with respect to the historical average. Over the past ten years (40 quarters), NVEI.TO's Current Ratio was at its highest in in the September 2022 quarter at 1.88. The Current Ratio was at its lowest in in the December 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.01

Median

1.05

Minimum

0

Maximum

1.78

Nuvei Corporation (NVEI.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nuvei Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 1.78

Minimum Annual Increase = -37.94%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-37.94%
20221.69-5.07%
20211.7838.12%
20201.2953.65%
20190.84110.30%
20180.40Infinity%

Nuvei Corporation (NVEI.TO) Average Current Ratio

How has NVEI.TO Current Ratio performed in the past?

The current Current Ratio of Nuvei Corporation (NVEI.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.51

5-year avg

1.33

10-year avg

1.01

Nuvei Corporation (NVEI.TO) Current Ratio vs. Peers

How is NVEI.TO’s Current Ratio compared to its peers?

Nuvei Corporation’s Current Ratio is less than Lightspeed Commerce Inc. (6.19), less than Docebo Inc. (1.11), greater than Dye & Durham Limited (1.06), less than goeasy Ltd. (26.84), less than WELL Health Technologies Corp. (1.25),

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