Debt to Equity Ratio Analysis of Franklin Electric Co Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.097
Period Ending - Dec-22
Excellent Debt to Equity
0.277
Growth
-64.81 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.106
Debt to Equity Analysis of Franklin Electric Co Inc
Debt to Equity Ratio 0.097 of Franklin Electric Co Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of FELE drastically fell by -64.81 % this year. |
Debt to Equity Ratio with value of 0.277 was highest in Year Dec-22 in last Five Years. |
Debt to Equity Ratio with value of 0.097 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.097 is lower than Average Debt to Equity of 0.174 in last five years. |
Other Debt to Equity Related Info of FELE that may interest you.
Franklin Electric Co Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FELE | 99.48 | 97.64 | 1.88 % | Specialty Industrial Machinery |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of Franklin Electric Co Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.097 | 0.277 | 0.215 | 0.125 | 0.157 | 0.281 | 0.323 |
Change | -64.81 % | 28.46 % | 72.89 % | -20.53 % | -44.25 % | -12.84 % | 4.02 % |
FY Chart of Debt to Equity Ratio of Franklin Electric Co Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)