Hapvida is a health operator in Brazil that sells health and dental plans. Its business model is based on a vertical structure, which includes its own network of hospitals, emergency rooms, clinics and diagnostic units. The company focuses its operations on two main business lines: Health Plans and Dental Plans, the first being the most relevant in terms of revenue. Health plans serve many segments, including corporate, small and medium businesses (SMEs), individuals, and membership. The operation of dental plans also has a beneficiary base in the corporate and individual segments. The strategy of having its own network aims to allow greater control over care costs and quality indicators.
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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