Afya Net Invested Capital vs Total Assets Analysis

AFYA Stock  USD 17.71  0.62  3.38%   
Afya financial indicator trend analysis is way more than just evaluating Afya prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Afya is a good investment. Please check the relationship between Afya Net Invested Capital and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Afya Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Afya's Net Invested Capital and Total Assets is 1.0. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Afya, assuming nothing else is changed. The correlation between historical values of Afya's Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Afya are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Afya's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Afya assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Afya books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Afya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Afya current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is forecasted to decline to about 24.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense175.6M288.7M386.3M405.6M
Depreciation And Amortization144.6M192.2M289.5M304.0M

Afya fundamental ratios Correlations

0.980.991.00.990.99-0.680.990.980.810.860.980.861.00.910.920.950.860.99-0.510.430.930.980.930.740.99
0.980.990.980.930.97-0.790.990.990.870.880.960.760.990.940.931.00.760.99-0.50.490.851.00.850.720.99
0.990.990.990.950.98-0.771.01.00.870.890.980.771.00.920.940.980.771.0-0.50.490.880.990.880.70.99
1.00.980.990.980.98-0.711.00.990.830.890.990.821.00.90.930.960.821.0-0.470.450.910.980.910.691.0
0.990.930.950.980.97-0.570.970.950.740.830.970.910.970.850.870.890.910.96-0.520.360.970.940.970.730.97
0.990.970.980.980.97-0.720.980.970.80.820.970.810.990.910.90.950.810.97-0.470.470.90.980.90.770.98
-0.68-0.79-0.77-0.71-0.57-0.72-0.72-0.76-0.91-0.77-0.68-0.3-0.73-0.81-0.84-0.84-0.3-0.730.17-0.74-0.48-0.79-0.47-0.47-0.72
0.990.991.01.00.970.98-0.721.00.840.880.980.811.00.910.930.970.810.99-0.530.440.90.990.90.711.0
0.980.991.00.990.950.97-0.761.00.870.890.980.760.990.910.940.980.760.99-0.50.450.870.990.870.680.99
0.810.870.870.830.740.8-0.910.840.870.960.820.490.840.80.970.890.490.85-0.390.70.70.860.70.410.84
0.860.880.890.890.830.82-0.770.880.890.960.880.640.880.770.980.870.640.89-0.470.60.830.870.830.40.89
0.980.960.980.990.970.97-0.680.980.980.820.880.790.990.860.920.940.790.99-0.420.410.920.960.910.630.99
0.860.760.770.820.910.81-0.30.810.760.490.640.790.810.760.690.711.00.78-0.560.190.930.780.930.80.81
1.00.991.01.00.970.99-0.731.00.990.840.880.990.810.910.930.970.810.99-0.480.460.910.990.910.721.0
0.910.940.920.90.850.91-0.810.910.910.80.770.860.760.910.870.950.760.89-0.390.510.770.950.770.850.91
0.920.930.940.930.870.9-0.840.930.940.970.980.920.690.930.870.930.690.93-0.440.610.860.930.850.540.93
0.951.00.980.960.890.95-0.840.970.980.890.870.940.710.970.950.930.710.97-0.460.520.790.990.790.710.97
0.860.760.770.820.910.81-0.30.810.760.490.640.791.00.810.760.690.710.78-0.560.190.930.780.930.80.81
0.990.991.01.00.960.97-0.730.990.990.850.890.990.780.990.890.930.970.78-0.50.490.890.980.890.670.99
-0.51-0.5-0.5-0.47-0.52-0.470.17-0.53-0.5-0.39-0.47-0.42-0.56-0.48-0.39-0.44-0.46-0.56-0.5-0.17-0.53-0.5-0.57-0.4-0.47
0.430.490.490.450.360.47-0.740.440.450.70.60.410.190.460.510.610.520.190.49-0.170.330.50.330.280.44
0.930.850.880.910.970.9-0.480.90.870.70.830.920.930.910.770.860.790.930.89-0.530.330.861.00.650.91
0.981.00.990.980.940.98-0.790.990.990.860.870.960.780.990.950.930.990.780.98-0.50.50.860.860.750.98
0.930.850.880.910.970.9-0.470.90.870.70.830.910.930.910.770.850.790.930.89-0.570.331.00.860.650.9
0.740.720.70.690.730.77-0.470.710.680.410.40.630.80.720.850.540.710.80.67-0.40.280.650.750.650.69
0.990.990.991.00.970.98-0.721.00.990.840.890.990.811.00.910.930.970.810.99-0.470.440.910.980.90.69
Click cells to compare fundamentals

Afya Account Relationship Matchups

Afya fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B4.8B6.4B7.2B7.6B4.7B
Short Long Term Debt Total344.9M1.1B2.2B2.7B2.7B1.4B
Other Current Liab70.6M121.7M184.8M199.6M226.7M138.9M
Total Current Liabilities333.2M589.4M766.5M905.7M1.1B610.9M
Total Stockholder Equity2.1B2.8B2.9B3.2B3.6B2.4B
Other Liab196.9M408.2M687.3M568.9M654.3M359.0M
Net Tangible Assets752.8M209.2M(952.7M)(842.7M)(758.4M)(720.5M)
Property Plant And Equipment Net413.6M679.5M1.1B1.2B1.4B767.4M
Current Deferred Revenue36.9M63.8M114.6M133.1M153.5M82.3M
Net Debt(598.3M)96.3M1.4B1.6B2.1B2.2B
Retained Earnings115.9M408.0M631.3M1.0B1.4B1.4B
Accounts Payable149.5M224.2M298.9M333.2M462.2M247.0M
Cash943.2M1.0B748.6M1.1B553.0M702.5M
Non Current Assets Total1.8B3.4B5.2B5.6B6.4B3.6B
Non Currrent Assets Other19.3M76.1M180.3M234.3M117.3M105.3M
Other Assets29.1M83.7M207.7M234.3M269.5M282.9M
Long Term Debt6.8M576.0M1.3B1.7B1.6B832.9M
Cash And Short Term Investments943.2M1.0B748.6M1.1B553.0M702.5M
Net Receivables131.9M323.3M403.9M480.6M590.2M318.0M
Good Will459.4M810.7M1.2B1.3B1.3B819.6M
Common Stock Shares Outstanding76.2M93.6M94.1M89.9M90.5M97.4M
Liabilities And Stockholders Equity2.9B4.8B6.4B7.2B7.6B4.7B
Non Current Liabilities Total465.5M1.4B2.7B3.0B2.9B1.7B
Capital Lease Obligations284.5M447.7M714.1M769.5M874.6M485.6M
Inventory3.9M7.5M11.8M12.2M1.4M1.3M
Other Current Assets17.9M29.6M42.5M51.7M58.9M33.2M
Other Stockholder Equity1.8B2.3B2.2B2.1B2.1B1.7B
Total Liab798.7M2.0B3.4B3.9B3.9B2.3B
Net Invested Capital2.1B3.5B4.4B5.1B5.4B3.3B
Long Term Investments45.6M51.4M48.5M53.9M51.8M39.5M
Property Plant And Equipment Gross413.6M679.5M1.2B1.3B1.5B817.0M
Short Long Term Debt53.6M117.7M143.2M207.4M179.3M114.6M
Total Current Assets1.1B1.4B1.2B1.6B1.2B1.1B
Accumulated Other Comprehensive Income115.9M50.7M94.1M123.5M155.1M100.9M
Non Current Liabilities Other2.0M3.8M2.5M13.2M18.3M19.2M
Net Working Capital778.5M816.1M440.3M732.0M144.9M137.7M
Short Term Debt76.3M179.6M168.2M239.8M216.2M142.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Afya Stock analysis

When running Afya's price analysis, check to measure Afya's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Afya is operating at the current time. Most of Afya's value examination focuses on studying past and present price action to predict the probability of Afya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afya's price. Additionally, you may evaluate how the addition of Afya to your portfolios can decrease your overall portfolio volatility.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
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
0.789
Earnings Share
1.02
Revenue Per Share
33.061
Quarterly Revenue Growth
0.133
Return On Assets
0.0677
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.