Afya Non Currrent Assets Other vs Non Current Assets Total Analysis

AFYA Stock  USD 15.33  0.31  1.98%   
Afya financial indicator trend analysis is way more than just evaluating Afya prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Afya is a good investment. Please check the relationship between Afya Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Afya Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Afya's Non Currrent Assets Other and Non Current Assets Total is 0.95. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Afya, assuming nothing else is changed. The correlation between historical values of Afya's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Afya are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Afya's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Afya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Afya current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is forecasted to decline to about 24.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense175.6M288.7M386.3M405.6M
Depreciation And Amortization159.6M211.9M289.5M304.0M

Afya fundamental ratios Correlations

0.980.971.00.990.99-0.680.990.980.810.860.640.861.00.940.920.950.860.99-0.510.430.930.980.930.740.98
0.980.990.980.930.97-0.790.990.990.870.880.530.760.990.970.931.00.760.99-0.50.490.851.00.850.720.99
0.970.990.980.930.97-0.780.990.990.880.890.50.720.980.940.930.980.720.99-0.50.540.840.980.840.651.0
1.00.980.980.980.98-0.711.00.990.830.890.630.821.00.940.930.960.821.0-0.470.450.910.980.910.691.0
0.990.930.930.980.97-0.570.970.950.740.830.70.910.970.880.870.890.910.96-0.520.360.970.940.970.730.95
0.990.970.970.980.97-0.720.980.970.80.820.590.810.990.940.90.950.810.97-0.470.470.90.980.90.770.97
-0.68-0.79-0.78-0.71-0.57-0.72-0.72-0.76-0.91-0.77-0.19-0.3-0.73-0.83-0.84-0.84-0.3-0.720.17-0.74-0.48-0.79-0.47-0.47-0.74
0.990.990.991.00.970.98-0.721.00.840.880.60.811.00.950.930.970.810.99-0.530.440.90.990.90.710.99
0.980.990.990.990.950.97-0.761.00.870.890.580.760.990.950.940.980.760.99-0.50.450.870.990.870.680.99
0.810.870.880.830.740.8-0.910.840.870.960.390.490.840.850.970.890.490.85-0.390.70.70.860.70.410.86
0.860.880.890.890.830.82-0.770.880.890.960.530.640.880.830.980.870.640.89-0.470.60.830.870.830.40.89
0.640.530.50.630.70.59-0.190.60.580.390.530.660.620.490.560.470.660.58-0.06-0.170.760.530.750.340.57
0.860.760.720.820.910.81-0.30.810.760.490.640.660.810.750.690.711.00.79-0.560.190.930.780.930.80.77
1.00.990.981.00.970.99-0.731.00.990.840.880.620.810.950.930.970.810.99-0.480.460.910.990.910.720.99
0.940.970.940.940.880.94-0.830.950.950.850.830.490.750.950.910.980.750.93-0.40.510.80.980.790.80.93
0.920.930.930.930.870.9-0.840.930.940.970.980.560.690.930.910.930.690.93-0.440.610.860.930.850.540.93
0.951.00.980.960.890.95-0.840.970.980.890.870.470.710.970.980.930.710.97-0.460.520.790.990.790.710.97
0.860.760.720.820.910.81-0.30.810.760.490.640.661.00.810.750.690.710.79-0.560.190.930.780.930.80.77
0.990.990.991.00.960.97-0.720.990.990.850.890.580.790.990.930.930.970.79-0.50.480.890.980.890.671.0
-0.51-0.5-0.5-0.47-0.52-0.470.17-0.53-0.5-0.39-0.47-0.06-0.56-0.48-0.4-0.44-0.46-0.56-0.5-0.17-0.53-0.5-0.57-0.4-0.48
0.430.490.540.450.360.47-0.740.440.450.70.6-0.170.190.460.510.610.520.190.48-0.170.330.50.330.280.49
0.930.850.840.910.970.9-0.480.90.870.70.830.760.930.910.80.860.790.930.89-0.530.330.861.00.650.88
0.981.00.980.980.940.98-0.790.990.990.860.870.530.780.990.980.930.990.780.98-0.50.50.860.860.750.98
0.930.850.840.910.970.9-0.470.90.870.70.830.750.930.910.790.850.790.930.89-0.570.331.00.860.650.88
0.740.720.650.690.730.77-0.470.710.680.410.40.340.80.720.80.540.710.80.67-0.40.280.650.750.650.65
0.980.991.01.00.950.97-0.740.990.990.860.890.570.770.990.930.930.970.771.0-0.480.490.880.980.880.65
Click cells to compare fundamentals

Afya Account Relationship Matchups

Afya fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B4.8B6.4B7.2B7.6B4.7B
Short Long Term Debt Total344.9M1.1B2.2B2.7B2.7B1.4B
Other Current Liab70.6M336.4M500.9M552.0M702.6M352.5M
Total Current Liabilities333.2M589.4M766.5M905.7M1.1B610.9M
Total Stockholder Equity2.1B2.8B2.9B3.2B3.6B2.4B
Other Liab196.9M408.2M687.3M568.9M654.3M359.0M
Net Tangible Assets752.8M209.2M(952.7M)(842.7M)(758.4M)(720.5M)
Property Plant And Equipment Net413.6M679.5M1.1B1.2B1.4B767.4M
Current Deferred Revenue36.9M63.8M114.6M133.1M153.5M82.3M
Net Debt(598.3M)96.3M1.4B1.6B2.1B2.2B
Retained Earnings115.9M408.0M631.3M1.0B1.4B1.4B
Accounts Payable149.5M35.7M59.1M71.5M108.2M82.9M
Cash943.2M1.0B748.6M1.1B553.0M702.5M
Non Current Assets Total1.8B3.4B5.2B5.6B6.4B3.6B
Non Currrent Assets Other19.3M76.1M180.3M234.3M156.8M111.5M
Other Assets29.1M83.7M207.7M234.3M269.5M282.9M
Long Term Debt6.8M576.0M1.3B1.7B1.6B832.9M
Cash And Short Term Investments943.2M1.0B748.6M1.1B553.0M702.5M
Net Receivables131.9M302.3M378.4M452.8M546.4M299.4M
Good Will459.4M810.7M1.2B1.3B1.3B819.6M
Common Stock Shares Outstanding76.2M93.6M94.1M89.9M90.5M97.4M
Liabilities And Stockholders Equity2.9B4.8B6.4B7.2B7.6B4.7B
Non Current Liabilities Total465.5M1.4B2.7B3.0B2.9B1.7B
Capital Lease Obligations284.5M447.7M714.1M769.5M874.6M485.6M
Inventory3.9M7.5M11.8M12.2M1.4M1.3M
Other Current Assets17.9M50.6M68.1M79.6M102.7M51.8M
Other Stockholder Equity1.8B2.3B2.2B2.2B2.2B1.7B
Total Liab798.7M2.0B3.4B3.9B3.9B2.3B
Net Invested Capital2.1B3.5B4.4B5.1B5.4B3.3B
Long Term Investments45.6M51.4M48.5M53.9M51.8M39.5M
Property Plant And Equipment Gross413.6M679.5M1.2B1.3B1.5B817.0M
Short Long Term Debt53.6M117.7M143.2M207.4M179.3M114.6M
Total Current Assets1.1B1.4B1.2B1.6B1.2B1.1B
Accumulated Other Comprehensive Income115.9M50.7M94.1M123.5M155.1M100.9M
Non Current Liabilities Other2.0M3.8M2.5M13.2M18.3M19.2M
Net Working Capital778.5M816.1M440.3M732.0M144.9M137.7M
Short Term Debt76.3M179.6M168.2M239.8M216.2M142.7M

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When determining whether Afya offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Afya's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Afya Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Afya Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Afya. If investors know Afya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Afya listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.891
Earnings Share
1.04
Revenue Per Share
34.119
Quarterly Revenue Growth
0.137
Return On Assets
0.0711
The market value of Afya is measured differently than its book value, which is the value of Afya that is recorded on the company's balance sheet. Investors also form their own opinion of Afya's value that differs from its market value or its book value, called intrinsic value, which is Afya's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Afya's market value can be influenced by many factors that don't directly affect Afya's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Afya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afya's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.