Franklin Resources Balance Sheet Health
Financial Health criteria checks 5/6
Franklin Resources has a total shareholder equity of $14.6B and total debt of $2.8B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are $32.5B and $17.9B respectively. Franklin Resources's EBIT is $1.2B making its interest coverage ratio -5.4. It has cash and short-term investments of $3.3B.
Key information
19.1%
Debt to equity ratio
US$2.78b
Debt
| Interest coverage ratio | -5.4x |
| Cash | US$3.31b |
| Equity | US$14.56b |
| Total liabilities | US$17.90b |
| Total assets | US$32.46b |
Recent financial health updates
No updates
Recent updates
Franklin Resources: Not All Dips Should Be Bought
Nov 24Franklin Resources: A Victim Of Passive Money
Oct 22Cautious Investors Not Rewarding Franklin Resources, Inc.'s (NYSE:BEN) Performance Completely
Oct 21
Franklin Resources: Still A Buy Despite Recent Challenges
Sep 22Franklin Resources' (NYSE:BEN) Dividend Will Be $0.31
Sep 16Franklin Resources (NYSE:BEN) Will Pay A Dividend Of $0.31
Aug 30Franklin Resources: Challenging, Yet Tempting At The Same Time
Aug 09It's A Story Of Risk Vs Reward With Franklin Resources, Inc. (NYSE:BEN)
Jul 12Buying Back Into Franklin Resources
May 27Franklin Resources: Falling Industry, Lagging Financial Strength, And Margins Contracting
May 11Earnings Miss: Franklin Resources, Inc. Missed EPS By 51% And Analysts Are Revising Their Forecasts
May 03Franklin Resources: High Yield, AUM Ticks Up, But Long-Term Challenges Remain
Mar 05Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31
Dec 30Franklin 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 16Financial Position Analysis
Short Term Liabilities: BEN's short term assets ($16.9B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: BEN's short term assets ($16.9B) exceed its long term liabilities ($13.8B).
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 6.1% to 19.1% over the past 5 years.
Debt Coverage: BEN's debt is well covered by operating cash flow (34.9%).
Interest Coverage: BEN earns more interest than it pays, so coverage of interest payments is not a concern.