Alpargatas is a Brazilian company operating in the global footwear sector, whose main asset is the Havaianas brand. The company's activities focus on the design, production and distribution of footwear and accessories, operating a portfolio that also includes Rothy's. Its business model is based on two main geographical divisions for Havaianas: Brazil and International. The Brazilian operation focuses on the domestic market, while the international division manages the brand's presence abroad. International operations are segmented with specific strategies for Europe and the United States, as well as a network of distributors serving markets in Asia-Pacific, Latin America, Africa and the Middle East.
How many years of EBITDA are required to pay off the company's net debt considering the lease agreements, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
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