Templeton Emerging Markets Income Fund Balance Sheet Health
Financial Health criteria checks 4/6
Templeton Emerging Markets Income Fund has a total shareholder equity of $278.7M and total debt of $50.0M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are $331.1M and $52.4M respectively. Templeton Emerging Markets Income Fund's EBIT is $23.5M making its interest coverage ratio 10.1. It has cash and short-term investments of $42.2K.
Key information
17.9%
Debt to equity ratio
US$50.00m
Debt
| Interest coverage ratio | 10.1x |
| Cash | US$42.23k |
| Equity | US$278.68m |
| Total liabilities | US$52.38m |
| Total assets | US$331.06m |
Recent financial health updates
No updates
Recent updates
TEI: Emerging Market Fund Not Earning Its Yield
Oct 14Templeton Emerging Markets Income Fund raises dividend by 5.7% to $0.0497
Feb 07TEI: EM Bond Fund With Poor Performance, But Improving Asset Class Prospects
Jan 28Templeton Emerging Markets Income Fund goes ex dividend tomorrow
Jan 17Templeton Emerging Markets Income Fund raises dividend by 4.5% to $0.0439
Dec 08Templeton Emerging Markets Income Fund dividend declines by 7.9% to $0.042
Nov 08Templeton Emerging Markets Income Fund dividend declines by 5% to $0.0456
Oct 07Templeton Emerging Markets Income Fund goes ex-dividend tomorrow
Sep 15TEI: Emerging Markets Bond CEF, Consistent Capital Losses, Subpar Performance
May 06TEI: Moving From Bearish To Neutral
Jan 19TEI: Emerging Markets Fund With ~10% Yield
Nov 08Templeton Emerging Markets Income Fund declares $0.0466 dividend
Jan 05Templeton Emerging Markets Income Fund declares $0.0412 dividend
Dec 01Templeton Emerging Markets Income Fund declares $0.0442 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: TEI's short term assets ($13.8M) do not cover its short term liabilities ($52.4M).
Long Term Liabilities: TEI's short term assets ($13.8M) exceed its long term liabilities ($18.2K).
Debt to Equity History and Analysis
Debt Level: TEI's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: TEI's debt to equity ratio has increased from 0% to 17.9% over the past 5 years.
Debt Coverage: TEI's debt is well covered by operating cash flow (28.1%).
Interest Coverage: TEI's interest payments on its debt are well covered by EBIT (10.1x coverage).