Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Debt-to-Equity : 2.07 (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Smartfit Escola DE Ginastica E Danca Debt-to-Equity?

Smartfit Escola DE Ginastica E Danca's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was R$1,409 Mil. Smartfit Escola DE Ginastica E Danca's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was R$9,906 Mil. Smartfit Escola DE Ginastica E Danca's Total Stockholders Equity for the quarter that ended in Dec. 2024 was R$5,456 Mil. Smartfit Escola DE Ginastica E Danca's debt to equity for the quarter that ended in Dec. 2024 was 2.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Smartfit Escola DE Ginastica E Danca's Debt-to-Equity or its related term are showing as below:

BSP:SMFT3' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.12 Med: 1.61 Max: 3.17
Current: 2.07

During the past 9 years, the highest Debt-to-Equity Ratio of Smartfit Escola DE Ginastica E Danca was 3.17. The lowest was 1.12. And the median was 1.61.

BSP:SMFT3's Debt-to-Equity is ranked worse than
85.15% of 687 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs BSP:SMFT3: 2.07

Smartfit Escola DE Ginastica E Danca Debt-to-Equity Historical Data

The historical data trend for Smartfit Escola DE Ginastica E Danca's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Smartfit Escola DE Ginastica E Danca Debt-to-Equity Chart

Smartfit Escola DE Ginastica E Danca Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

2.24

1.50

1.61

1.56

2.07

Smartfit Escola DE Ginastica E Danca Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.56	1.60	1.77	1.90	2.07

Competitive Comparison of Smartfit Escola DE Ginastica E Danca's Debt-to-Equity

For the Leisure subindustry, Smartfit Escola DE Ginastica E Danca's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Smartfit Escola DE Ginastica E Danca's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Smartfit Escola DE Ginastica E Danca's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smartfit Escola DE Ginastica E Danca's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Smartfit Escola DE Ginastica E Danca Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smartfit Escola DE Ginastica E Danca's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1409.489	+	9905.737)	/	5455.896
	=	2.07

Smartfit Escola DE Ginastica E Danca's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1409.489	+	9905.737)	/	5455.896
	=	2.07

Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Smartfit Escola DE Ginastica E Danca Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Smartfit Escola DE Ginastica E Danca's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Smartfit Escola DE Ginastica E Danca Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Smartfit Escola DE Ginastica E Danca SA (BSP:SMFT3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Lelio Gama 104 - 38 Floor, 2nd Floor, Rio de Janeiro, RJ, BRA, 20031080

Website

https://www.smartfit.com.br

Smartfit Escola DE Ginastica E Danca SA is a fitness club. The company provides physical conditioning services through gymnasiums, bodybuilding, dancing and swimming. Facilities offered by the company include SmartBox, free weight, gym classes, bicycles, smart bike, fitness equipment, and a running machine, among others. The Company is present in fourteen countries, namely Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador, and Honduras, operating in the HVLP segment with the brand Smart Fit, in the Premium segment with the brand Bio Ritmo, and in the digital fitness segment.

Smartfit Escola DE Ginastica E Danca Headlines

No Headlines