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Franklin Universal Trust (Franklin Universal Trust) Liabilities-to-Assets : 0.25 (As of Feb. 2024)


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What is Franklin Universal Trust Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Franklin Universal Trust's Total Liabilities for the quarter that ended in Feb. 2024 was $61.90 Mil. Franklin Universal Trust's Total Assets for the quarter that ended in Feb. 2024 was $248.15 Mil. Therefore, Franklin Universal Trust's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.25.


Franklin Universal Trust Liabilities-to-Assets Historical Data

The historical data trend for Franklin Universal Trust's Liabilities-to-Assets 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.

* Premium members only.

Franklin Universal Trust Liabilities-to-Assets Chart

Franklin Universal Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.24 0.25 0.23 0.25 0.27

Franklin Universal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.25 0.27 0.27 0.25

Competitive Comparison of Franklin Universal Trust's Liabilities-to-Assets

For the Asset Management subindustry, Franklin Universal Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Universal Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Universal Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Franklin Universal Trust's Liabilities-to-Assets falls into.



Franklin Universal Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Franklin Universal Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=66.618/251.477
=0.26

Franklin Universal Trust's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=61.895/248.147
=0.25

* 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.


Franklin Universal Trust  (NYSE:FT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Franklin Universal Trust Liabilities-to-Assets Related Terms

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Franklin Universal Trust (Franklin Universal Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Franklin Parkway, San Mateo, CA, USA, 94403-1906
Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Assistant Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
J Michael Luttig other: Trustee C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White officer: Interim CFO, CAO and Treasurer 3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams other: Trustee C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403