Nvni Group Limited (NVNI) Key Metrics
NVNI key metrics, 2020–2025
Fiscal year ended December 31, 2025 · Brazilian reaisNVNI returns How much profit the business earns on the capital it uses.
NVNI financial health Debt, liquidity and how easily interest is covered.
NVNI efficiency & capital use Working capital cycle and where the cash goes.
NVNI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NVNI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NVNI key metrics in Brazilian reais
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Returns & profitability | ||||||
| Return on invested capital (ROIC) | — | — | — | — | −166.6% | — |
| Return on assets (ROA) | −30.0% | −20.9% | −64.7% | −27.4% | −27.8% | −11.3% |
| Return on tangible assets | −144.6% | −100.2% | −323.6% | −400.0% | −270.4% | −542.6% |
| Free cash flow margin | 0.5% | 11.7% | −5.6% | 7.9% | −11.7% | 18.1% |
| Financial health | ||||||
| Total debt | R$63.6M | R$68.6M | R$14.2M | R$73.8M | R$81.2M | R$1.1M |
| Cash & short-term investments | R$13.5M | R$18.0M | R$11.4M | R$8.0M | R$10.9M | R$1.6M |
| Net debt | R$50.2M | R$50.6M | R$2.8M | R$65.8M | R$70.3M | −R$540,000 |
| Debt / assets | 0.18 | 0.17 | 0.03 | 0.20 | 0.17 | 0.01 |
| Net debt / EBITDA | — | 2.21 | — | — | — | — |
| Current ratio | 0.15 | 0.16 | 0.17 | 0.06 | 0.10 | 0.07 |
| Quick ratio | 0.15 | 0.16 | 0.17 | 0.06 | 0.10 | 0.07 |
| Interest coverage | -0.5 | 0.2 | -0.1 | -6.1 | -4.3 | — |
| Working capital | −R$348.5M | −R$348.3M | −R$308.6M | −R$311.8M | −R$203.1M | −R$23.2M |
| Invested capital | −R$99.0M | −R$69.9M | −R$50.8M | −R$33.0M | R$33.5M | −R$3.8M |
| Tangible asset value | −R$424.4M | −R$431.0M | −R$394.8M | −R$433.4M | −R$474.6M | −R$94.0M |
| Net current asset value | −R$441.3M | −R$448.7M | −R$411.3M | −R$441.8M | −R$479.6M | −R$94.2M |
| Capital allocation | ||||||
| Dividends paid | R$0 | R$0 | R$0 | R$0 | R$0 | — |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | — | 0.0% | — | — |
| Capex / revenue | 3.6% | 8.3% | 7.2% | 3.5% | 4.2% | 0.0% |
| Capex / operating cash flow | 88.4% | 41.6% | 435.0% | 30.4% | — | 0.0% |
| Capex / depreciation | 0.36 | 0.81 | 0.65 | 0.25 | 0.28 | 0.00 |
| Stock-based compensation / revenue | 0.0% | 0.5% | 3.7% | 7.9% | 4.2% | — |
| SG&A / revenue | 57.7% | 44.4% | 72.2% | 64.8% | 83.4% | 156.3% |
| Efficiency | ||||||
| Days sales outstanding | 29.6 | 27.6 | 26.3 | 29.8 | 20.8 | 0.5 |
| Days of inventory on hand | — | — | — | 10.3 | 8.7 | 6.0 |
| Days payables outstanding | 313.0 | 279.6 | 150.2 | 43.3 | 27.8 | 140.8 |
| Cash conversion cycle (days) | -283.4 | -252.0 | -123.9 | -3.3 | 1.7 | -134.3 |
| Receivables turnover | 12.34 | 13.22 | 13.89 | 12.26 | 17.51 | 714.35 |
| Payables turnover | 1.17 | 1.31 | 2.43 | 8.42 | 13.11 | 2.59 |
| Inventory turnover | — | — | — | 35.48 | 42.10 | 60.73 |
| Asset turnover | 0.52 | 0.47 | 0.43 | 0.30 | 0.32 | 0.13 |
| Average receivables | R$15.9M | R$14.6M | R$12.2M | R$10.2M | R$5.1M | R$17,000 |
| Average payables | R$59.1M | R$54.2M | R$27.2M | R$6.3M | R$3.0M | R$773,000 |
| Average inventory | — | — | — | R$1.5M | R$939,500 | R$33,000 |
| Intangibles / total assets | 77.5% | 78.8% | 81.3% | 92.2% | 93.8% | 97.9% |
Computed from NVNI's annual financial statements (latest annual report filed April 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Brazilian reais; data from EODHD. Averages use the opening and closing balance of each year.
NVNI valuation and financial ratios
It ended the year with R$63.6 million of debt and R$13.5 million in cash and short-term investments, net debt of R$50.2 million.
See the NVNI income statement, the NVNI chart for price history, or the NVNI stock overview for the latest quote and news.
NVNI key metrics FAQ
How much debt does Nvni have?
Nvni had total debt of R$63.6 million at the end of fiscal 2025.
Does Nvni pay a dividend?
Nvni did not pay a dividend in fiscal 2025.
What is Nvni's current ratio?
Nvni's current ratio was 0.15 at the end of fiscal 2025: current assets were 0.15 times current liabilities.