Franklin Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30 Mil. Franklin Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $127 Mil. Franklin Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,207 Mil.
Franklin Electric Co's debt to equity for the quarter that ended in Dec. 2023 was 0.13.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Franklin Electric Co's Debt-to-Equity or its related term are showing as below:
FELE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.27 Max: 0.4
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of Franklin Electric Co was 0.40. The lowest was 0.13. And the median was 0.27.
Franklin Electric Co Debt-to-Equity Historical Data
The historical data trend for Franklin Electric Co's Debt-to-Equity 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 Electric Co Annual Data
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|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
0.18 |
0.15 |
0.25 |
0.25 |
0.13 |
|
Franklin Electric Co Quarterly Data
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|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.25 |
0.29 |
0.25 |
0.14 |
0.13 |
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Franklin Electric Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Electric Co Debt-to-Equity Distribution
For the Industrial Products industry and Industrials sector, Franklin Electric Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Franklin Electric Co's Debt-to-Equity falls into.
Franklin Electric Co Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Franklin Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Franklin Electric Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 Electric Co (Franklin Electric Co) Business Description
Traded in Other Exchanges
Address
9255 Coverdale Road, Fort Wayne, IN, USA, 46809
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
Executives
| Gregg C Sengstack |
officer: Senior Vice President and CFO |
FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809 |
| Delancey W Davis |
officer: Vice President, Director of Sa |
FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809 |
| Greg Michael Levine |
officer: VP & President, Global Water |
954 CHAPEL OAKS ROAD, FRONTENAC MO 63131 |
| Jonathan M. Grandon |
officer: Chief Administrative Officer |
56 EAST BELL DRIVE, P.O. BOX, WARSAW IN 46581 |
| Donald P Kenney |
officer: VP and President Energy System |
FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809 |
| Paul Chhabra |
officer: VP, Global Product Supply |
9255 COVERDALE ROAD, FORT WAYNE IN 46809 |
| Jeffery L Taylor |
officer: Vice President and CFO |
1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905 |
| Chris Villavarayan |
director |
C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084 |
| Brent L Spikes |
officer: VP, Global Manufacturing Ops |
10330 CYGNET COVE, ROANOKE IN 46783 |
| Kenneth Keene |
officer: VP, Global Supply Chain |
626 MONTE VISTA DRIVE, FORT WAYNE IN 46814 |
| John J Haines |
officer: Vice President and CFO |
FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809 |
| Luxfer Holdings Plc |
director |
LUMNS LANE, MANCHESTER X0 M27 8LN |
| Alok Maskara |
director |
2140 LAKE PARK BLVD, RICHARDSON TX 75080 |
| Jay J Walsh |
officer: President, Franklin Fueling |
502 CABRILLO COURT, VERONA WI 53593 |
| Julie Scheck Freigang |
officer: Vice President |
515 FRANKLIN STREET, MICHIGAN CITY IN 46360 |
Franklin Electric Co (Franklin Electric Co) Headlines
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