FT
Price:
$8.1
Market Cap:
$203.57M
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.
Industry
Asset Management
IPO Date
1988-09-26
Stock Exchange
NYSE
Ticker
FT
According to Franklin Universal Trust’s latest financial reports and current stock price. The company's current Current Ratio is 5.74. This represents a change of 14.00% compared to the average of 5.04 of the last 4 quarters.
The mean historical Current Ratio of Franklin Universal Trust over the last ten years is 3.86. The current 5.74 Current Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), FT's Current Ratio was at its highest in in the August 2024 quarter at 9.86. The Current Ratio was at its lowest in in the February 2021 quarter at 0.81.
Average
3.86
Median
3.23
Minimum
1.85
Maximum
9.86
Discovering the peaks and valleys of Franklin Universal Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 256.61%
Maximum Annual Current Ratio = 9.86
Minimum Annual Increase = -47.37%
Minimum Annual Current Ratio = 1.85
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 9.86 | 256.61% |
| 2023 | 2.76 | -43.46% |
| 2022 | 4.89 | 163.96% |
| 2021 | 1.85 | -21.50% |
| 2020 | 2.36 | 10.40% |
| 2019 | 2.14 | -47.37% |
| 2018 | 4.06 | -4.41% |
| 2017 | 4.25 | 28.28% |
| 2016 | 3.31 | 5.09% |
| 2015 | 3.15 | 2.86% |
The current Current Ratio of Franklin Universal Trust (FT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.84
5-year avg
4.35
10-year avg
3.86
Franklin Universal Trust’s Current Ratio is greater than Flaherty & Crumrine Total Return Fund Inc. (1.21), less than NexPoint Diversified Real Estate Trust (101.26), less than Wasatch Ultra Growth (0), greater than BlackRock Investment Quality Municipal Trust Inc. (0.06), greater than Western Asset Global High Income Fund Inc. (1.00), less than ProFunds Internet UltraSector Fund Investor Class (0), greater than Provident Trust Strategy Fund (0), greater than Tweedy, Browne International Value Fund II - Currency Unhedged (0), greater than Franklin Limited Duration Income Trust (0.45), less than Royce Micro Cap Fund Financial Intermediary Class (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.21 | $182.47M | |
| 101.26 | $132.87M | |
| 0 | $211.54M | |
| 0.06 | $193.74M | |
| 1.00 | $193.31M | |
| 0 | $199.35M | |
| 0 | $203.45M | |
| 0 | $188.65M | |
| 0.45 | $248.09M | |
| 0 | $194.24M |
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