Templeton Emerging Markets Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
Templeton Emerging Markets Investment Trust has a total shareholder equity of £2.0B and total debt of £100.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are £2.2B and £116.9M respectively. Templeton Emerging Markets Investment Trust's EBIT is £154.2M making its interest coverage ratio 61.7. It has cash and short-term investments of £145.7M.
Key information
4.9%
Debt to equity ratio
UK£100.00m
Debt
Interest coverage ratio | 61.7x |
Cash | UK£145.74m |
Equity | UK£2.03b |
Total liabilities | UK£116.86m |
Total assets | UK£2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1NK0's short term assets (£156.5M) exceed its short term liabilities (£106.4M).
Long Term Liabilities: 1NK0's short term assets (£156.5M) exceed its long term liabilities (£10.5M).
Debt to Equity History and Analysis
Debt Level: 1NK0 has more cash than its total debt.
Reducing Debt: 1NK0's debt to equity ratio has reduced from 5.9% to 4.9% over the past 5 years.
Debt Coverage: 1NK0's debt is well covered by operating cash flow (48.2%).
Interest Coverage: 1NK0's interest payments on its debt are well covered by EBIT (61.7x coverage).