Access Financial Services Balance Sheet Health
Financial Health criteria checks 2/6
Access Financial Services has a total shareholder equity of JMD2.9B and total debt of JMD3.4B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are JMD7.2B and JMD4.3B respectively.
Key information
116.5%
Debt to equity ratio
JA$3.43b
Debt
| Interest coverage ratio | n/a |
| Cash | JA$493.80m |
| Equity | JA$2.94b |
| Total liabilities | JA$4.28b |
| Total assets | JA$7.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFS's short term assets (JMD6.2B) exceed its short term liabilities (JMD684.7M).
Long Term Liabilities: AFS's short term assets (JMD6.2B) exceed its long term liabilities (JMD3.6B).
Debt to Equity History and Analysis
Debt Level: AFS's net debt to equity ratio (99.7%) is considered high.
Reducing Debt: AFS's debt to equity ratio has increased from 90.6% to 116.5% over the past 5 years.
Debt Coverage: AFS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AFS's interest payments on its debt are well covered by EBIT.