Smartfit Escola de Ginástica e Dança Balance Sheet Health
Financial Health criteria checks 3/6
Smartfit Escola de Ginástica e Dança has a total shareholder equity of R$5.3B and total debt of R$5.2B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are R$16.4B and R$11.1B respectively. Smartfit Escola de Ginástica e Dança's EBIT is R$1.1B making its interest coverage ratio 1.7. It has cash and short-term investments of R$3.0B.
Key information
98.1%
Debt to equity ratio
R$5.18b
Debt
| Interest coverage ratio | 1.7x |
| Cash | R$2.97b |
| Equity | R$5.28b |
| Total liabilities | R$11.11b |
| Total assets | R$16.39b |
Recent financial health updates
Is Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Using Too Much Debt?
Sep 22
These 4 Measures Indicate That Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Is Using Debt Extensively
May 10Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Has A Somewhat Strained Balance Sheet
Jan 24Recent updates
We Think That There Are Issues Underlying Smartfit Escola de Ginástica e Dança's (BVMF:SMFT3) Earnings
Nov 15Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Might Have The Makings Of A Multi-Bagger
Nov 08Smartfit Escola de Ginástica e Dança S.A.'s (BVMF:SMFT3) Share Price Could Signal Some Risk
Oct 16Is Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Using Too Much Debt?
Sep 22Why Investors Shouldn't Be Surprised By Smartfit Escola de Ginástica e Dança S.A.'s (BVMF:SMFT3) P/S
Jul 03We Like These Underlying Return On Capital Trends At Smartfit Escola de Ginástica e Dança (BVMF:SMFT3)
Jun 01These 4 Measures Indicate That Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Is Using Debt Extensively
May 10Impressive Earnings May Not Tell The Whole Story For Smartfit Escola de Ginástica e Dança (BVMF:SMFT3)
Mar 21Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Is Doing The Right Things To Multiply Its Share Price
Feb 14Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Has A Somewhat Strained Balance Sheet
Jan 24Pinning Down Smartfit Escola de Ginástica e Dança S.A.'s (BVMF:SMFT3) P/S Is Difficult Right Now
Jan 03There's Been No Shortage Of Growth Recently For Smartfit Escola de Ginástica e Dança's (BVMF:SMFT3) Returns On Capital
Nov 13The Return Trends At Smartfit Escola de Ginástica e Dança (BVMF:SMFT3) Look Promising
Aug 02Some Investors May Be Worried About Smartfit Escola de Ginástica e Dança's (BVMF:SMFT3) Returns On Capital
Apr 11Smartfit Escola de Ginástica e Dança's (BVMF:SMFT3) Returns On Capital Not Reflecting Well On The Business
Nov 14Financial Position Analysis
Short Term Liabilities: SMFT3's short term assets (R$4.0B) exceed its short term liabilities (R$2.3B).
Long Term Liabilities: SMFT3's short term assets (R$4.0B) do not cover its long term liabilities (R$8.9B).
Debt to Equity History and Analysis
Debt Level: SMFT3's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: SMFT3's debt to equity ratio has reduced from 166.6% to 98.1% over the past 5 years.
Debt Coverage: SMFT3's debt is well covered by operating cash flow (26.2%).
Interest Coverage: SMFT3's interest payments on its debt are not well covered by EBIT (1.7x coverage).