Afya Balance Sheet Health
Financial Health criteria checks 4/6
Afya has a total shareholder equity of R$3.9B and total debt of R$1.8B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are R$7.7B and R$3.8B respectively. Afya's EBIT is R$839.2M making its interest coverage ratio 3.3. It has cash and short-term investments of R$611.1M.
Key information
46.2%
Debt to equity ratio
R$1.78b
Debt
Interest coverage ratio | 3.3x |
Cash | R$611.08m |
Equity | R$3.86b |
Total liabilities | R$3.83b |
Total assets | R$7.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1AY's short term assets (R$1.3B) exceed its short term liabilities (R$981.9M).
Long Term Liabilities: 1AY's short term assets (R$1.3B) do not cover its long term liabilities (R$2.9B).
Debt to Equity History and Analysis
Debt Level: 1AY's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 1AY's debt to equity ratio has increased from 7.8% to 46.2% over the past 5 years.
Debt Coverage: 1AY's debt is well covered by operating cash flow (63.4%).
Interest Coverage: 1AY's interest payments on its debt are well covered by EBIT (3.3x coverage).