Nuvei Corp
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. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method. Its solutions comprise a fully integrated payments engine with global processing… Read more
Nuvei Corp (NVEI) - Total Assets
Latest total assets as of September 2024: $5.22 Billion USD
Based on the latest financial reports, Nuvei Corp (NVEI) holds total assets worth $5.22 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Nuvei Corp - Total Assets Trend (2018–2023)
This chart illustrates how Nuvei Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nuvei Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Nuvei Corp's total assets of $5.22 Billion consist of 34.4% current assets and 65.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $75.45 Million | 1.5% |
| Inventory | $3.16 Million | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.31 Billion | 25.4% |
| Goodwill | $1.99 Billion | 38.7% |
Asset Composition Trend (2018–2023)
This chart illustrates how Nuvei Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nuvei Corp's current assets represent 34.4% of total assets in 2023, an increase from 6.9% in 2018.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2023, up from 1.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, a decrease from 74.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 38.7% of total assets.
Nuvei Corp Competitors by Total Assets
Key competitors of Nuvei Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Nuvei Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Nuvei Corp generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nuvei Corp is currently not profitable relative to its asset base.
Nuvei Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.04 | 1.03 | 0.84 |
| Quick Ratio | 1.03 | 1.02 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $63.95 Million | $ 33.03 Million | $ -58.67 Million |
Nuvei Corp - Advanced Valuation Insights
This section examines the relationship between Nuvei Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.31 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | 45.7% |
| Total Assets | $5.14 Billion |
| Market Capitalization | $2.22 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Nuvei Corp's assets below their book value (0.43 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nuvei Corp's assets grew by 45.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nuvei Corp (2018–2023)
The table below shows the annual total assets of Nuvei Corp from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.14 Billion | +45.70% |
| 2022-12-31 | $3.52 Billion | +2.00% |
| 2021-12-31 | $3.46 Billion | +53.99% |
| 2020-12-31 | $2.24 Billion | +43.96% |
| 2019-12-31 | $1.56 Billion | +169.88% |
| 2018-12-31 | $577.57 Million | -- |