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
Franklin Resources: High Yield, AUM Ticks Up, But Long-Term Challenges Remain
Mar 05Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31
Dec 30
Franklin Resources, Inc.'s (NYSE:BEN) Shares Leap 26% Yet They're Still Not Telling The Full Story
Dec 27Franklin Resources: A Value Play With Catalysts
Dec 22Franklin Resources' (NYSE:BEN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 16Holding Off Franklin Resources Ahead Of Q4 Earnings
Oct 13Taking Profits In Franklin Resources Inc.
Aug 04Franklin Resources: Buying Does Not Solve Underlying Problems
Jun 25Franklin Resources: A Mixed Quarter, Still Not Good Enough On Valuation
May 23This Just In: Analysts Are Boosting Their Franklin Resources, Inc. (NYSE:BEN) Outlook for This Year
May 02Franklin Resources (NYSE:BEN) Is Increasing Its Dividend To $0.30
Feb 11Franklin Resources declares $0.30 dividend
Feb 07Franklin Resources FQ1 2023 Earnings Preview
Jan 27Franklin Resources AUM slip 1.6% in December amid selloff in markets
Jan 11T. Rowe Price And Franklin Resources: Obsolete Businesses Or Ripe For A Rebound In 2023?
Dec 28Franklin Resources November AUM rises to $1.41T in wake of market appreciation
Dec 12Franklin Resources reports AUM for Oct
Nov 09Franklin Resources: A Poor Growth Outlook As Shares Trend Lower Into Earnings
Oct 27Franklin Resources AUM slides 6.5% in September on market decline, outflows
Oct 11Franklin Resources (NYSE:BEN) Is Paying Out A Dividend Of $0.29
Sep 16Franklin Resources (NYSE:BEN) Is Due To Pay A Dividend Of $0.29
Sep 02Franklin Resources declares $0.29 dividend
Aug 29Franklin Resources: Reduced Confidence In Valuation - Downgraded To Hold
Aug 17Financial Position Analysis
Short Term Liabilities: BEN's short term assets ($14.7B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: BEN's short term assets ($14.7B) exceed its long term liabilities ($13.3B).
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 6.3% to 22.2% over the past 5 years.
Debt Coverage: BEN's debt is well covered by operating cash flow (37.5%).
Interest Coverage: BEN earns more interest than it pays, so coverage of interest payments is not a concern.