Azzas 2154 is the largest fashion group in Latin America, operating as a “house of brands” that designs, produces and sells shoes, apparel and accessories. The company manages a diverse portfolio of brands, including Arezzo, Schutz, Farm Rio, Hering and Reserva, serving multiple consumer segments. Its business model is structured in brand verticals, with different strategies for the shoe and bag and apparel divisions. Azzas 2154 uses a multichannel distribution strategy, reaching its customers through a network of own stores, franchises, multi-brand wholesale partners and an integrated e-commerce platform. While its main market is Brazil, the group has a booming international presence, driven by the global expansion of brands like Farm Rio and Schutz.
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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