Azul S.A.

São Paulo Stock Exchange AZUL4.SA

Azul S.A. Debt to Equity Ratio for the year ending December 31, 2023: -1.23

Azul S.A. Debt to Equity Ratio is -1.23 for the year ending December 31, 2023, a 2.09% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Azul S.A. Debt to Equity Ratio for the year ending December 31, 2022 was -1.26, a 7.18% change year over year.
Azul S.A. Debt to Equity Ratio for the year ending December 31, 2021 was -1.36, a 3.31% change year over year.
Azul S.A. Debt to Equity Ratio for the year ending December 31, 2020 was -1.41, a 68.35% change year over year.
Azul S.A. Debt to Equity Ratio for the year ending December 31, 2019 was -4.44, a -479.00% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

São Paulo Stock Exchange: AZUL4.SA

Azul S.A.

CEO	Mr. John Peter Rodgerson
IPO Date	April 11, 2017
Location	Brazil
Headquarters	Av. Marcos Penteado de UlhÃ´a Rodrigues
Employees	15,763
Sector	Consumer Discretionary
Industries Airlines Air Freight

Description

Azul S.A., together with its subsidiaries, provides passenger and cargo transportation services in Brazil. As of December 31, 2021, the company operated 850 daily departures to 125 destinations through a network of 259 non-stop routes with a fleet of 179 aircraft. It is also involved in the loyalty programs, travel packages, investment fund, logistics solutions, and aircraft financing activities. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.

Key trends

Past 5 years