Franklin Limited Duration Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
Franklin Limited Duration Income Trust has a total shareholder equity of $290.2M and total debt of $110.3M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $428.5M and $138.3M respectively. Franklin Limited Duration Income Trust's EBIT is $33.0M making its interest coverage ratio 4.9. It has cash and short-term investments of $2.5M.
Key information
38.0%
Debt to equity ratio
US$110.29m
Debt
Interest coverage ratio | 4.9x |
Cash | US$2.55m |
Equity | US$290.20m |
Total liabilities | US$138.28m |
Total assets | US$428.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTF's short term assets ($7.8M) do not cover its short term liabilities ($40.5M).
Long Term Liabilities: FTF's short term assets ($7.8M) do not cover its long term liabilities ($97.8M).
Debt to Equity History and Analysis
Debt Level: FTF's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: FTF's debt to equity ratio has increased from 29.5% to 38% over the past 5 years.
Debt Coverage: FTF's debt is well covered by operating cash flow (27.7%).
Interest Coverage: FTF's interest payments on its debt are well covered by EBIT (4.9x coverage).