Franklin Resources Balance Sheet Health
Financial Health criteria checks 5/6
Franklin Resources has a total shareholder equity of $13.4B and total debt of $3.4B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $29.1B and $15.7B respectively. Franklin Resources's EBIT is $1.7B making its interest coverage ratio 28.4. It has cash and short-term investments of $3.5B.
Key information
25.1%
Debt to equity ratio
US$3.36b
Debt
Interest coverage ratio | 28.4x |
Cash | US$3.47b |
Equity | US$13.40b |
Total liabilities | US$15.68b |
Total assets | US$29.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEN *'s short term assets ($14.0B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: BEN *'s short term assets ($14.0B) exceed its long term liabilities ($13.0B).
Debt to Equity History and Analysis
Debt Level: BEN * has more cash than its total debt.
Reducing Debt: BEN *'s debt to equity ratio has increased from 8.4% to 25.1% over the past 5 years.
Debt Coverage: BEN *'s debt is well covered by operating cash flow (41.5%).
Interest Coverage: BEN *'s interest payments on its debt are well covered by EBIT (28.4x coverage).