Franklin Resources (FRA:FRK) Interest Expense : €-98 Mil (TTM As of Mar. 2024)

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What is Franklin Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Franklin Resources's interest expense for the three months ended in Mar. 2024 was € -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-98 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Franklin Resources's Operating Income for the three months ended in Mar. 2024 was € 228 Mil. Franklin Resources's Interest Expense for the three months ended in Mar. 2024 was € -25 Mil. Franklin Resources's Interest Coverage for the quarter that ended in Mar. 2024 was 8.96. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Franklin Resources Interest Expense Historical Data

The historical data trend for Franklin Resources's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Franklin Resources Interest Expense Chart

Franklin Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-20.34

-28.36

-72.59

-99.18

-115.91

Franklin Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-31.29	-32.21	-22.86	-17.24	-25.48

Franklin Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-98 Mil.

Franklin Resources (FRA:FRK) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Franklin Resources's Interest Expense for the three months ended in Mar. 2024 was €-25 Mil. Its Operating Income for the three months ended in Mar. 2024 was €228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €12,103 Mil.

Franklin Resources's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	228.344	/	-25.484
	=	8.96

The higher the ratio, the stronger the company's financial strength is.

Franklin Resources (FRA:FRK) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (FRA:FRK) » Definitions » Interest Expense

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BEN:USA

Address

One Franklin Parkway, San Mateo, CA, USA, 94403

Website

https://www.franklinresources.com

Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.

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