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$5.3B and total debt of R$4.1B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are R$14.7B and R$9.5B respectively. Smartfit Escola de Ginástica e Dança's EBIT is R$1.1B making its interest coverage ratio 2.2. It has cash and short-term investments of R$2.3B.
Key information
77.0%
Debt to equity ratio
R$4.07b
Debt
Interest coverage ratio | 2.2x |
Cash | R$2.34b |
Equity | R$5.29b |
Total liabilities | R$9.45b |
Total assets | R$14.75b |
Recent financial health updates
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
Why 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$3.2B) exceed its short term liabilities (R$2.2B).
Long Term Liabilities: SMFT3's short term assets (R$3.2B) do not cover its long term liabilities (R$7.2B).
Debt to Equity History and Analysis
Debt Level: SMFT3's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: SMFT3's debt to equity ratio has reduced from 129.8% to 77% over the past 5 years.
Debt Coverage: SMFT3's debt is well covered by operating cash flow (28.7%).
Interest Coverage: SMFT3's interest payments on its debt are not well covered by EBIT (2.2x coverage).