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Templeton Globalome Fund Financial Strength

: 5 (As of Dec. 2019)
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Templeton Globalome Fund has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Templeton Globalome Fund's interest coverage with the available data. Templeton Globalome Fund's debt to revenue ratio for the quarter that ended in Dec. 2019 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Templeton Globalome Fund Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Templeton Globalome Fund's Interest Expense for the months ended in Dec. 2019 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2019 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil.

Templeton Globalome Fund's Interest Coverage for the quarter that ended in Dec. 2019 is

Templeton Globalome Fund had no debt.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Templeton Global Income Fund has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Templeton Globalome Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -16.029
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Templeton Globalome Fund  (NYSE:GIM) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Templeton Globalome Fund has the Financial Strength Rank of 5.


Templeton Globalome Fund Financial Strength Related Terms

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