Smartfit Escola de Ginástica e Dança Balance Sheet Health
Financial Health criteria checks 4/6
Smartfit Escola de Ginástica e Dança has a total shareholder equity of R$5.1B and total debt of R$3.8B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are R$14.2B and R$9.1B respectively. Smartfit Escola de Ginástica e Dança's EBIT is R$1.0B making its interest coverage ratio 2.3. It has cash and short-term investments of R$2.6B.
Key information
75.0%
Debt to equity ratio
R$3.82b
Debt
Interest coverage ratio | 2.3x |
Cash | R$2.61b |
Equity | R$5.10b |
Total liabilities | R$9.13b |
Total assets | R$14.23b |
Recent financial health updates
Recent updates
Impressive 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$3.3B) exceed its short term liabilities (R$2.2B).
Long Term Liabilities: SMFT3's short term assets (R$3.3B) do not cover its long term liabilities (R$6.9B).
Debt to Equity History and Analysis
Debt Level: SMFT3's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: SMFT3's debt to equity ratio has reduced from 134.4% to 75% over the past 5 years.
Debt Coverage: SMFT3's debt is well covered by operating cash flow (34.3%).
Interest Coverage: SMFT3's interest payments on its debt are not well covered by EBIT (2.3x coverage).