As of May 29, 2025, Qiwi PLC (QIWI) reports a Current Ratio of 1.90.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Qiwi PLC's Current Ratio
Over recent years, Qiwi PLC's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 1.90 |
| 2022-12-31 | 1.83 |
| 2021-12-31 | 2.11 |
| 2020-12-31 | 1.46 |
| 2019-12-31 | 1.24 |
This slight downward trend highlights how Qiwi PLC manages its short-term assets and liabilities over time.
Comparing Qiwi PLC's Current Ratio to Peers
To better understand Qiwi PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Qiwi PLC (QIWI) | 1.90 |
| MoneyGram International Inc (MGI) | 13.55 |
| Net 1 UEPS Technologies Inc (UEPS) | 5.61 |
| Repay Holdings Corp (RPAY) | 2.69 |
| Paya Holdings Inc (PAYA) | 2.08 |
| Block Inc (SQ) | 1.90 |
Compared to its competitors, Qiwi PLC's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.