Total Debt to Equity of Franklin Universal Trust (FT) is 0.31

The debt-to-equity (D/E) ratio is calculated by dividing a company’s total liabilities by its shareholder equity. These numbers are available on the balance sheet of a company’s financial statements.The ratio is used to evaluate a company's financial leverage. The D/E ratio is an important metric used in corporate finance. It is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. It shows the percentage of company financing that comes from investors. A high debt/equity ratio is often associated with high risk; it means that a company has been aggressive in financing its growth with debt.

 

Source: Investopedia

Total Debt to Equity
Aug 20Sep 20Oct 20Nov 20Dec 20Jan 21Feb 21Mar 21Apr 21May 21Jun 21Jul 21
0.310.310.310.310.320.320.320.320.320.310.310.31