Access Financial Services Balance Sheet Health
Financial Health criteria checks 2/6
Access Financial Services has a total shareholder equity of JMD3.1B and total debt of JMD3.8B, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are JMD7.8B and JMD4.7B respectively.
Key information
122.6%
Debt to equity ratio
JA$3.81b
Debt
| Interest coverage ratio | n/a |
| Cash | JA$649.55m |
| Equity | JA$3.11b |
| Total liabilities | JA$4.66b |
| Total assets | JA$7.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFS's short term assets (JMD6.9B) exceed its short term liabilities (JMD708.5M).
Long Term Liabilities: AFS's short term assets (JMD6.9B) exceed its long term liabilities (JMD4.0B).
Debt to Equity History and Analysis
Debt Level: AFS's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: AFS's debt to equity ratio has increased from 110.4% to 122.6% 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.