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 £1.9B and total debt of £100.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are £2.1B and £115.8M respectively. Templeton Emerging Markets Investment Trust's EBIT is £181.4M making its interest coverage ratio 68.1. It has cash and short-term investments of £130.7M.
Key information
5.2%
Debt to equity ratio
UK£100.00m
Debt
| Interest coverage ratio | 68.1x |
| Cash | UK£130.72m |
| Equity | UK£1.94b |
| Total liabilities | UK£115.80m |
| Total assets | UK£2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEM's short term assets (£141.3M) exceed its short term liabilities (£3.9M).
Long Term Liabilities: TEM's short term assets (£141.3M) exceed its long term liabilities (£111.9M).
Debt to Equity History and Analysis
Debt Level: TEM has more cash than its total debt.
Reducing Debt: TEM's debt to equity ratio has reduced from 5.9% to 5.2% over the past 5 years.
Debt Coverage: TEM's debt is well covered by operating cash flow (53.8%).
Interest Coverage: TEM's interest payments on its debt are well covered by EBIT (68.1x coverage).