The SBF Group is a sports ecosystem that sells and distributes sporting goods in Brazil. The company's business model is structured in two main units: Centauro, the largest omnichannel retailer of sporting goods in Latin America, and Fisia, Nike's exclusive distributor in Brazil. Centauro works directly with the end consumer through an extensive network of physical stores and digital platforms, offering a portfolio of several brands. Fisia is responsible for selling and distributing Nike products, both on its own channels, such as Nike stores and the site, and for serving business partners in the wholesale market. The group is also dedicated to connecting people and businesses to sport through other investments and initiatives.
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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