Wetzel S.A. is a publicly traded Brazilian company based in Joinville, Santa Catarina, that manufactures industrial components. The company's continuity operations are focused on two main business units: Wetzel Automotive and Wetzel Eletroteca. The Automotive division manufactures aluminum components for the automotive sector, using gravity and pressure casting processes. The Electrical Engineering division operates in the electrical installation and industrial lighting product segments. The company's corporate purpose also includes providing services such as machining, painting and heat treatment of castings. The company discontinued its previous iron foundry operations to focus on its aluminum and electrical activities.
How many years of EBITDA are required to pay off the company's net debt, 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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