Afya Financial Statements From 2010 to 2024

AFYA Stock  USD 16.62  0.19  1.16%   
Afya financial statements provide useful quarterly and yearly information to potential Afya investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Afya financial statements helps investors assess Afya's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Afya's valuation are summarized below:
Gross Profit
1.5 B
Profit Margin
0.1343
Market Capitalization
1.5 B
Enterprise Value Revenue
0.7033
Revenue
2.9 B
We have found one hundred twenty available fundamental signals for Afya, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Afya prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. As of April 24, 2024, Market Cap is expected to decline to about 7 B. In addition to that, Enterprise Value is expected to decline to about 7.5 B

Afya Total Revenue

1.48 Billion

Check Afya financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Afya main balance sheet or income statement drivers, such as Tax Provision of 24.8 M, Interest Income of 25.3 M or Discontinued Operations of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0037 or PTB Ratio of 2.54. Afya financial statements analysis is a perfect complement when working with Afya Valuation or Volatility modules.
  
This module can also supplement Afya's financial leverage analysis and stock options assessment as well as various Afya Technical models . Check out the analysis of Afya Correlation against competitors.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.

Afya Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.7 B7.6 B2.4 B
Slightly volatile
Short and Long Term Debt Total1.4 B2.6 B702.4 M
Slightly volatile
Other Current Liabilities809.6 M771.1 M165.9 M
Slightly volatile
Total Current Liabilities610.9 M1.1 B324.1 M
Slightly volatile
Total Stockholder Equity2.4 B3.6 B1.2 B
Slightly volatile
Other Liabilities359 M654.3 M199.1 M
Slightly volatile
Property Plant And Equipment Net767.4 M1.4 B391.9 M
Slightly volatile
Current Deferred Revenue160.7 M153 M49.4 M
Slightly volatile
Retained Earnings1.4 B1.4 B359.7 M
Slightly volatile
Accounts Payable191.4 M108.2 M97.1 M
Slightly volatile
Cash702.5 M553 M356.8 M
Slightly volatile
Non Current Assets Total3.6 B6.4 B1.8 B
Slightly volatile
Non Currrent Assets Other111.5 M156.8 M57.5 M
Slightly volatile
Other Assets282.9 M269.5 M79.4 M
Slightly volatile
Long Term Debt2.1 BB519.6 M
Slightly volatile
Cash And Short Term Investments702.5 M553 M356.8 M
Slightly volatile
Net Receivables311.1 M546.4 M168 M
Slightly volatile
Common Stock Total Equity14.5 K15.3 K56.5 M
Slightly volatile
Common Stock Shares Outstanding97.4 M90.5 M88.7 M
Slightly volatile
Long Term Debt Total324.3 M308.9 M118.7 M
Slightly volatile
Liabilities And Stockholders Equity4.7 B7.6 B2.4 B
Slightly volatile
Non Current Liabilities Total1.7 B2.9 B819.5 M
Slightly volatile
Inventory1.3 M1.4 M2.9 M
Slightly volatile
Other Current Assets107.8 M102.7 M25 M
Slightly volatile
Total Liabilities2.3 B3.9 B1.1 B
Slightly volatile
Net Invested Capital6.2 B5.9 B1.9 B
Slightly volatile
Property Plant And Equipment Gross1.6 B1.5 B469.4 M
Slightly volatile
Short and Long Term Debt250.4 M238.5 M69.8 M
Slightly volatile
Total Current Assets1.1 B1.2 B549.7 M
Slightly volatile
Accumulated Other Comprehensive Income100.9 M155.1 M69.7 M
Slightly volatile
Short Term Debt136.9 M179.3 M67.7 M
Slightly volatile
Intangible Assets1.9 B3.5 B935.3 M
Slightly volatile
Common Stock14.5 K15.3 K56.5 M
Slightly volatile
Property Plant Equipment1.5 B1.4 B442.6 M
Slightly volatile
Capital Stock14.5 K15.3 K189 M
Slightly volatile

Afya Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision24.8 M43.4 M13.4 M
Slightly volatile
Interest Income25.3 M31 M13.9 M
Slightly volatile
Depreciation And Amortization124.6 M191.3 M63 M
Slightly volatile
Interest Expense395.4 M376.6 M93.4 M
Slightly volatile
Selling General Administrative490.2 M941.3 M261.8 M
Slightly volatile
Total Revenue1.5 B2.9 B828 M
Slightly volatile
Gross Profit906.5 M1.8 B487.9 M
Slightly volatile
Other Operating Expenses1.1 B2.2 B610.7 M
Slightly volatile
Operating Income408.4 M779.4 M223.5 M
Slightly volatile
Net Income From Continuing Ops256.7 M374.9 M148.7 M
Slightly volatile
EBIT408.7 M779.4 M224 M
Slightly volatile
EBITDA533.3 M970.7 M287 M
Slightly volatile
Cost Of Revenue574.7 M1.1 B340 M
Slightly volatile
Total Operating Expenses1.1 B1.1 B310.6 M
Slightly volatile
Reconciled Depreciation280 M266.7 M75.4 M
Slightly volatile
Income Before Tax283.4 M429.6 M162.9 M
Slightly volatile
Net Income Applicable To Common Shares215.3 M429.6 M142.5 M
Slightly volatile
Net Income245.3 M386.3 M141.6 M
Slightly volatile
Income Tax Expense21.8 M24.2 M11.9 M
Slightly volatile

Afya Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow971.4 M925.2 M227.9 M
Slightly volatile
Begin Period Cash Flow617.5 M1.1 B308.6 M
Slightly volatile
Depreciation127.3 M254.5 M64.4 M
Slightly volatile
Dividends Paid11.1 M11.7 M29.4 M
Slightly volatile
Capital Expenditures156.2 M118.4 M86.5 M
Slightly volatile
Total Cash From Operating Activities1.1 BB312.3 M
Slightly volatile
Net Income276.6 M386.3 M159.6 M
Slightly volatile
End Period Cash Flow702.5 M553 M356.8 M
Slightly volatile
Change To Netincome451.6 M430.1 M123.8 M
Slightly volatile
Stock Based Compensation29.2 M31.5 M13.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.183.347821.2625
Slightly volatile
Dividend Yield0.00370.00410.0045
Slightly volatile
PTB Ratio2.542.673383.1437
Slightly volatile
Days Sales Outstanding58.869.351864.0357
Slightly volatile
Book Value Per Share41.839.807114.394
Slightly volatile
Free Cash Flow Yield0.10.09610.0254
Slightly volatile
Invested Capital0.770.73260.2987
Slightly volatile
Operating Cash Flow Per Share12.1111.53513.4864
Slightly volatile
Stock Based Compensation To Revenue0.01970.0110.0119
Slightly volatile
PB Ratio2.542.673383.1437
Slightly volatile
EV To Sales3.874.072921.3599
Slightly volatile
Free Cash Flow Per Share10.7410.2262.5394
Slightly volatile
ROIC0.110.11790.5499
Slightly volatile
Inventory Turnover843803285
Pretty Stable
Net Income Per Share4.484.271.7068
Slightly volatile
Days Of Inventory On Hand0.430.45452.4398
Slightly volatile
Payables Turnover6.1510.25511.6123
Slightly volatile
Sales General And Administrative To Revenue0.240.310.2532
Slightly volatile
Research And Ddevelopement To Revenue0.00790.00750.0013
Slightly volatile
Cash Per Share5.826.11263.9225
Slightly volatile
POCF Ratio8.769.2256107
Slightly volatile
Interest Coverage2.512.6529.0881
Slightly volatile
Payout Ratio0.20.220.242
Slightly volatile
PFCF Ratio9.8910.4066217
Slightly volatile
Days Payables Outstanding33.8135.592574.1551
Slightly volatile
Income Quality2.842.70141.307
Slightly volatile
ROE0.10.10730.5751
Slightly volatile
EV To Operating Cash Flow10.6611.2238107
Slightly volatile
PE Ratio23.6824.9221102
Slightly volatile
Return On Tangible Assets0.220.13850.322
Slightly volatile
EV To Free Cash Flow12.0312.6606217
Slightly volatile
Earnings Yield0.02020.04010.0162
Slightly volatile
Intangibles To Total Assets0.410.63230.287
Slightly volatile
Current Ratio1.381.13691.4445
Slightly volatile
Receivables Turnover5.635.2635.8457
Slightly volatile
Graham Number64.9361.842322.5389
Slightly volatile
Shareholders Equity Per Share41.839.807114.394
Slightly volatile
Debt To Equity0.770.73260.2987
Slightly volatile
Revenue Per Share33.3831.787210.3901
Slightly volatile
Interest Debt Per Share30.6229.16259.2155
Slightly volatile
Debt To Assets0.180.34790.1318
Slightly volatile
Enterprise Value Over EBITDA11.4612.066580.586
Slightly volatile
Short Term Coverage Ratios8.885.822120.4008
Slightly volatile
Price Earnings Ratio23.6824.9221102
Slightly volatile
Operating Cycle61.8869.806466.6521
Slightly volatile
Price Book Value Ratio2.542.673383.1437
Slightly volatile
Days Of Payables Outstanding33.8135.592574.1551
Slightly volatile
Dividend Payout Ratio0.20.220.242
Slightly volatile
Price To Operating Cash Flows Ratio8.769.2256107
Slightly volatile
Price To Free Cash Flows Ratio9.8910.4066217
Slightly volatile
Pretax Profit Margin0.240.14940.2296
Slightly volatile
Ebt Per Ebit0.90.55120.9226
Slightly volatile
Operating Profit Margin0.220.2710.2483
Slightly volatile
Effective Tax Rate0.05710.05630.06
Slightly volatile
Company Equity Multiplier1.572.10592.0703
Slightly volatile
Long Term Debt To Capitalization0.430.40580.1717
Slightly volatile
Total Debt To Capitalization0.220.42280.1804
Slightly volatile
Return On Capital Employed0.110.11940.5565
Slightly volatile
Debt Equity Ratio0.770.73260.2987
Slightly volatile
Ebit Per Revenue0.220.2710.2483
Slightly volatile
Quick Ratio1.331.03861.3867
Slightly volatile
Net Income Per E B T0.690.89930.8647
Slightly volatile
Cash Ratio0.50.52240.8051
Slightly volatile
Operating Cash Flow Sales Ratio0.260.36290.2519
Slightly volatile
Days Of Inventory Outstanding0.430.45452.4398
Slightly volatile
Days Of Sales Outstanding58.869.351864.0357
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.520.88650.5564
Slightly volatile
Cash Flow Coverage Ratios0.380.39555.8089
Slightly volatile
Price To Book Ratio2.542.673383.1437
Slightly volatile
Fixed Asset Turnover3.282.08964.7146
Slightly volatile
Price Cash Flow Ratio8.769.2256107
Slightly volatile
Enterprise Value Multiple11.4612.066580.586
Slightly volatile
Debt Ratio0.180.34790.1318
Slightly volatile
Cash Flow To Debt Ratio0.380.39555.8089
Slightly volatile
Price Sales Ratio3.183.347821.2625
Slightly volatile
Return On Assets0.04840.05090.2599
Slightly volatile
Asset Turnover0.620.37921.2758
Slightly volatile
Net Profit Margin0.210.13430.2015
Slightly volatile
Gross Profit Margin0.460.61410.497
Slightly volatile
Price Fair Value2.542.673383.1437
Slightly volatile
Return On Equity0.10.10730.5751
Slightly volatile

Afya Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB9.6 B7.8 B
Slightly volatile
Enterprise Value7.5 B11.7 B8.1 B
Slightly volatile

Afya Fundamental Market Drivers

Forward Price Earnings10.0402
Cash And Short Term Investments553 M

Afya Upcoming Events

27th of March 2024
Upcoming Quarterly Report
View
22nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Afya Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Afya income statement, its balance sheet, and the statement of cash flows. Afya investors use historical funamental indicators, such as Afya's revenue or net income, to determine how well the company is positioned to perform in the future. Although Afya investors may use each financial statement separately, they are all related. The changes in Afya's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Afya's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Afya Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Afya. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue153 M160.7 M
Total Revenue2.9 B1.5 B
Cost Of Revenue1.1 B574.7 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.31  0.24 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.04)(0.04)
Revenue Per Share 31.79  33.38 
Ebit Per Revenue 0.27  0.22 

Pair Trading with Afya

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Afya position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Afya will appreciate offsetting losses from the drop in the long position's value.

Moving against Afya Stock

  0.51JZ Jianzhi Education Report 4th of October 2024 PairCorr
The ability to find closely correlated positions to Afya could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Afya when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Afya - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Afya to buy it.
The correlation of Afya is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Afya moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Afya moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Afya can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Afya offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Afya's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Afya Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Afya Stock:
Check out the analysis of Afya Correlation against competitors.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Afya's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Afya. If investors know Afya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Afya listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.473
Earnings Share
0.82
Revenue Per Share
32.015
Quarterly Revenue Growth
0.25
Return On Assets
0.0659
The market value of Afya is measured differently than its book value, which is the value of Afya that is recorded on the company's balance sheet. Investors also form their own opinion of Afya's value that differs from its market value or its book value, called intrinsic value, which is Afya's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Afya's market value can be influenced by many factors that don't directly affect Afya's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Afya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afya's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.