Franklin Resources Balance Sheet Health
Financial Health criteria checks 5/6
Franklin Resources has a total shareholder equity of $13.7B and total debt of $3.0B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $29.9B and $16.1B respectively. Franklin Resources's EBIT is $1.4B making its interest coverage ratio -7.9. It has cash and short-term investments of $3.3B.
Key information
22.2%
Debt to equity ratio
US$3.05b
Debt
Interest coverage ratio | -7.9x |
Cash | US$3.33b |
Equity | US$13.72b |
Total liabilities | US$16.15b |
Total assets | US$29.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRK's short term assets ($14.7B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: FRK's short term assets ($14.7B) exceed its long term liabilities ($13.3B).
Debt to Equity History and Analysis
Debt Level: FRK has more cash than its total debt.
Reducing Debt: FRK's debt to equity ratio has increased from 6.3% to 22.2% over the past 5 years.
Debt Coverage: FRK's debt is well covered by operating cash flow (37.5%).
Interest Coverage: FRK earns more interest than it pays, so coverage of interest payments is not a concern.