Nuvei (FRA:62E) Debt-to-Equity : 0.61 (As of Jun. 2024)

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What is Nuvei Debt-to-Equity?

Nuvei's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €13 Mil. Nuvei's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,156 Mil. Nuvei's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,919 Mil. Nuvei's debt to equity for the quarter that ended in Jun. 2024 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuvei's Debt-to-Equity or its related term are showing as below:

FRA:62E' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.34 Max: 2.62
Current: 0.61

During the past 7 years, the highest Debt-to-Equity Ratio of Nuvei was 2.62. The lowest was 0.09. And the median was 0.34.

FRA:62E's Debt-to-Equity is ranked worse than
75.94% of 2211 companies
in the Software industry
Industry Median: 0.21 vs FRA:62E: 0.61

Nuvei Debt-to-Equity Historical Data

The historical data trend for Nuvei's Debt-to-Equity 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.

Nuvei Debt-to-Equity Chart

Nuvei Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.48

0.15

0.25

0.26

0.62

Nuvei Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.62	0.62	0.62	0.61

Competitive Comparison of Nuvei's Debt-to-Equity

For the Software - Infrastructure subindustry, Nuvei's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nuvei's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Nuvei's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuvei's Debt-to-Equity falls into.

Nuvei Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuvei's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.435	+	1144.484)	/	1858.133
	=	0.62

Nuvei's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(13.356	+	1155.691)	/	1919.213
	=	0.61

Nuvei (FRA:62E) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Nuvei Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nuvei's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuvei Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nuvei Corp (FRA:62E) » Definitions » Debt-to-Equity

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Address

1100 Rene-Levesque Boulevard West, 9th Floor, Montreal, QC, CAN, H3B 4N4

Website

https://www.nuvei.com

Nuvei Corp is a provider of payment technology solutions to merchants and partners. The solutions provided are mobile payments, online payments, and In-store payments. Its geographical segments are North America; Europe, the Middle East, and Africa; Latin America; and the Asia Pacific. The vast majority of the company's revenue is generated from North America and EMEA.

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