Ambev SA (ABEV) has released an update.
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Ambev SA, a leading beverage company, reported a solid financial position for the fiscal year ended December 31, 2023, with total current assets worth R$ 36.56 billion and a strong liquidity ratio of 0.89x. The company’s Officers are confident in its capital structure, which consists of 60% equity and 40% third-party financing, ensuring the ability to meet operational needs and pursue growth plans. Ambev SA also indicated adequate liquidity to cover short-term obligations and investments, with a net debt/EBITDA ratio of -0.50.
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