skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. NVEI: Can you comment on the level of debt carried by Nuvei. [Nuvei Corporation]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Can you comment on the level of debt carried by Nuvei. Is it high, moderate or low for their cash flows? Thanks.
Asked by Michael on August 11, 2023
5i Research Answer:

Debt and lease obligations are $1.1B now, net of cash of $118M. 12-month cash flow was $227M. 12-month interest expenses were $63M, less than 30% of cash flow. While debt becomes more of an issue with a reduced outlook, we would not view the level as overly problematic.