Caribbean Assurance Brokers Balance Sheet Health
Financial Health criteria checks 6/6
Caribbean Assurance Brokers has a total shareholder equity of JMD524.8M and total debt of JMD22.6M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are JMD1.4B and JMD904.4M respectively. Caribbean Assurance Brokers's EBIT is JMD40.6M making its interest coverage ratio 9.9. It has cash and short-term investments of JMD931.4M.
Key information
4.3%
Debt to equity ratio
JA$22.64m
Debt
| Interest coverage ratio | 9.9x |
| Cash | JA$931.35m |
| Equity | JA$524.82m |
| Total liabilities | JA$904.39m |
| Total assets | JA$1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CABROKERS's short term assets (JMD1.1B) exceed its short term liabilities (JMD872.7M).
Long Term Liabilities: CABROKERS's short term assets (JMD1.1B) exceed its long term liabilities (JMD31.7M).
Debt to Equity History and Analysis
Debt Level: CABROKERS has more cash than its total debt.
Reducing Debt: CABROKERS's debt to equity ratio has reduced from 44.7% to 4.3% over the past 5 years.
Debt Coverage: CABROKERS's debt is well covered by operating cash flow (410.7%).
Interest Coverage: CABROKERS's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Caribbean Assurance Brokers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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