Franklin Electric Balance Sheet Health
Financial Health criteria checks 6/6
Franklin Electric has a total shareholder equity of $1.2B and total debt of $129.6M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are $1.8B and $558.3M respectively. Franklin Electric's EBIT is $260.9M making its interest coverage ratio 33.1. It has cash and short-term investments of $58.1M.
Key information
10.6%
Debt to equity ratio
US$129.62m
Debt
| Interest coverage ratio | 33.1x |
| Cash | US$58.10m |
| Equity | US$1.23b |
| Total liabilities | US$558.32m |
| Total assets | US$1.78b |
Recent financial health updates
We Think Franklin Electric (NASDAQ:FELE) Can Stay On Top Of Its Debt
Aug 30
Is Franklin Electric (NASDAQ:FELE) Using Too Much Debt?
May 21We Think Franklin Electric (NASDAQ:FELE) Can Stay On Top Of Its Debt
Sep 14Is Franklin Electric (NASDAQ:FELE) A Risky Investment?
Jun 15Does Franklin Electric (NASDAQ:FELE) Have A Healthy Balance Sheet?
Mar 13These 4 Measures Indicate That Franklin Electric (NASDAQ:FELE) Is Using Debt Safely
Dec 07Recent updates
We Think Franklin Electric (NASDAQ:FELE) Can Stay On Top Of Its Debt
Aug 30Franklin Electric (NASDAQ:FELE) Might Have The Makings Of A Multi-Bagger
Aug 16Here's What Analysts Are Forecasting For Franklin Electric Co., Inc. (NASDAQ:FELE) After Its Second-Quarter Results
Jul 26Franklin Electric: Improving Growth Prospects With Favourable Valuation (Rating Upgrade)
Jul 25Calculating The Intrinsic Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
Jun 19What Does Franklin Electric Co., Inc.'s (NASDAQ:FELE) Share Price Indicate?
Jun 06Is Franklin Electric (NASDAQ:FELE) Using Too Much Debt?
May 21Analysts Are Updating Their Franklin Electric Co., Inc. (NASDAQ:FELE) Estimates After Its First-Quarter Results
May 03Franklin Electric (NASDAQ:FELE) Will Pay A Dividend Of $0.25
Apr 25Returns Are Gaining Momentum At Franklin Electric (NASDAQ:FELE)
Apr 23Risks To Shareholder Returns Are Elevated At These Prices For Franklin Electric Co., Inc. (NASDAQ:FELE)
Apr 08Franklin Electric: Tough Near-Term Prospects But The Second Half May Be Better
Mar 26Is Now The Time To Look At Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Feb 08There's Been No Shortage Of Growth Recently For Franklin Electric's (NASDAQ:FELE) Returns On Capital
Jan 17Calculating The Intrinsic Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For Franklin Electric Co., Inc. (NASDAQ:FELE)
Dec 19At US$84.17, Is It Time To Put Franklin Electric Co., Inc. (NASDAQ:FELE) On Your Watch List?
Oct 24Franklin Electric (NASDAQ:FELE) Shareholders Will Want The ROCE Trajectory To Continue
Oct 12We Think Franklin Electric (NASDAQ:FELE) Can Stay On Top Of Its Debt
Sep 14Franklin Electric Co., Inc. (NASDAQ:FELE) Shares Could Be 27% Below Their Intrinsic Value Estimate
Aug 31Do Franklin Electric's (NASDAQ:FELE) Earnings Warrant Your Attention?
Aug 18Is Now The Time To Look At Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Jul 21Franklin Electric (NASDAQ:FELE) Is Very Good At Capital Allocation
Jul 09Is Franklin Electric (NASDAQ:FELE) A Risky Investment?
Jun 15Calculating The Fair Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
May 22We Ran A Stock Scan For Earnings Growth And Franklin Electric (NASDAQ:FELE) Passed With Ease
May 10Franklin Electric (NASDAQ:FELE) Will Pay A Larger Dividend Than Last Year At $0.225
Apr 27We Like Franklin Electric's (NASDAQ:FELE) Returns And Here's How They're Trending
Apr 09Is Now An Opportune Moment To Examine Franklin Electric Co., Inc. (NASDAQ:FELE)?
Mar 27Does Franklin Electric (NASDAQ:FELE) Have A Healthy Balance Sheet?
Mar 13Should You Be Adding Franklin Electric (NASDAQ:FELE) To Your Watchlist Today?
Feb 01Estimating The Intrinsic Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
Jan 18Under The Bonnet, Franklin Electric's (NASDAQ:FELE) Returns Look Impressive
Jan 06Should You Investigate Franklin Electric Co., Inc. (NASDAQ:FELE) At US$79.43?
Dec 19These 4 Measures Indicate That Franklin Electric (NASDAQ:FELE) Is Using Debt Safely
Dec 07With EPS Growth And More, Franklin Electric (NASDAQ:FELE) Makes An Interesting Case
Oct 26Are Investors Undervaluing Franklin Electric Co., Inc. (NASDAQ:FELE) By 47%?
Oct 13Investors Will Want Franklin Electric's (NASDAQ:FELE) Growth In ROCE To Persist
Sep 26Franklin Electric: Potential Slowdown In Housing And Agriculture Keeps Us On The Sidelines
Sep 20Is It Too Late To Consider Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Sep 11These 4 Measures Indicate That Franklin Electric (NASDAQ:FELE) Is Using Debt Safely
Aug 29Financial Position Analysis
Short Term Liabilities: FELE's short term assets ($918.7M) exceed its short term liabilities ($346.1M).
Long Term Liabilities: FELE's short term assets ($918.7M) exceed its long term liabilities ($212.2M).
Debt to Equity History and Analysis
Debt Level: FELE's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: FELE's debt to equity ratio has reduced from 29.3% to 10.6% over the past 5 years.
Debt Coverage: FELE's debt is well covered by operating cash flow (237.4%).
Interest Coverage: FELE's interest payments on its debt are well covered by EBIT (33.1x coverage).