Franklin Accounts Payable vs Intangible Assets Analysis

BEN Stock  USD 24.13  0.03  0.12%   
Franklin Resources financial indicator trend analysis is much more than just examining Franklin Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Resources is a good investment. Please check the relationship between Franklin Resources Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Resources Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Franklin Resources' Accounts Payable and Intangible Assets is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Franklin Resources, assuming nothing else is changed. The correlation between historical values of Franklin Resources' Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Franklin Resources are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Franklin Resources' Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Franklin Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Franklin Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Franklin Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.At this time, Franklin Resources' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Tax Provision is likely to grow to about 500.3 M, while Issuance Of Capital Stock is likely to drop about 25.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B4.4B5.0B2.6B
Total Revenue8.3B7.8B9.0B9.5B

Franklin Resources fundamental ratios Correlations

0.930.790.720.810.76-0.730.94-0.290.950.540.910.89-0.010.970.62-0.020.92-0.340.920.070.370.030.140.84-0.02
0.930.530.910.560.84-0.641.0-0.331.00.520.880.91-0.330.980.54-0.320.81-0.230.95-0.240.410.010.110.920.04
0.790.530.161.00.39-0.540.56-0.070.560.290.630.520.580.620.520.550.81-0.320.550.610.27-0.050.240.4-0.15
0.720.910.160.190.81-0.560.9-0.350.90.530.790.86-0.670.860.42-0.650.6-0.160.88-0.580.310.060.00.930.09
0.810.561.00.190.42-0.570.59-0.120.590.320.650.550.560.650.520.510.81-0.350.570.580.26-0.050.240.43-0.11
0.760.840.390.810.42-0.620.83-0.350.830.520.750.85-0.350.820.38-0.360.71-0.290.92-0.280.170.050.050.820.12
-0.73-0.64-0.54-0.56-0.57-0.62-0.660.56-0.69-0.73-0.82-0.790.07-0.75-0.450.16-0.680.7-0.770.080.04-0.210.0-0.75-0.27
0.941.00.560.90.590.83-0.66-0.321.00.50.890.91-0.310.990.53-0.310.83-0.240.95-0.230.39-0.010.110.920.03
-0.29-0.33-0.07-0.35-0.12-0.350.56-0.32-0.33-0.22-0.32-0.370.24-0.370.160.35-0.070.72-0.380.340.350.12-0.2-0.43-0.87
0.951.00.560.90.590.83-0.691.0-0.330.570.910.93-0.310.990.58-0.30.84-0.260.96-0.220.40.060.090.930.02
0.540.520.290.530.320.52-0.730.5-0.220.570.710.66-0.210.560.82-0.110.52-0.340.64-0.050.290.67-0.070.63-0.07
0.910.880.630.790.650.75-0.820.89-0.320.910.710.95-0.220.940.65-0.220.89-0.370.94-0.130.230.190.110.94-0.04
0.890.910.520.860.550.85-0.790.91-0.370.930.660.95-0.320.940.56-0.340.83-0.360.98-0.250.220.040.090.970.05
-0.01-0.330.58-0.670.56-0.350.07-0.310.24-0.31-0.21-0.22-0.32-0.250.070.960.07-0.07-0.320.960.08-0.130.24-0.47-0.18
0.970.980.620.860.650.82-0.750.99-0.370.990.560.940.94-0.250.54-0.280.87-0.340.97-0.190.30.020.090.940.07
0.620.540.520.420.520.38-0.450.530.160.580.820.650.560.070.540.240.64-0.020.560.310.670.570.030.5-0.43
-0.02-0.320.55-0.650.51-0.360.16-0.310.35-0.3-0.11-0.22-0.340.96-0.280.240.060.04-0.330.990.250.020.2-0.49-0.3
0.920.810.810.60.810.71-0.680.83-0.070.840.520.890.830.070.870.640.06-0.240.850.160.280.150.090.76-0.21
-0.34-0.23-0.32-0.16-0.35-0.290.7-0.240.72-0.26-0.34-0.37-0.36-0.07-0.34-0.020.04-0.24-0.350.020.420.010.31-0.34-0.65
0.920.950.550.880.570.92-0.770.95-0.380.960.640.940.98-0.320.970.56-0.330.85-0.35-0.240.270.080.080.950.06
0.07-0.240.61-0.580.58-0.280.08-0.230.34-0.22-0.05-0.13-0.250.96-0.190.310.990.160.02-0.240.280.040.21-0.41-0.33
0.370.410.270.310.260.170.040.390.350.40.290.230.220.080.30.670.250.280.420.270.280.130.220.19-0.56
0.030.01-0.050.06-0.050.05-0.21-0.010.120.060.670.190.04-0.130.020.570.020.150.010.080.040.13-0.20.06-0.2
0.140.110.240.00.240.050.00.11-0.20.09-0.070.110.090.240.090.030.20.090.310.080.210.22-0.20.090.0
0.840.920.40.930.430.82-0.750.92-0.430.930.630.940.97-0.470.940.5-0.490.76-0.340.95-0.410.190.060.090.11
-0.020.04-0.150.09-0.110.12-0.270.03-0.870.02-0.07-0.040.05-0.180.07-0.43-0.3-0.21-0.650.06-0.33-0.56-0.20.00.11
Click cells to compare fundamentals

Franklin Resources Account Relationship Matchups

Franklin Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.2B24.2B28.1B30.1B34.6B36.4B
Short Long Term Debt Total5.0B7.6B9.4B11.8B13.5B14.2B
Total Stockholder Equity10.1B11.2B11.5B11.9B13.7B14.4B
Net Debt1.0B2.9B4.6B7.4B6.6B6.9B
Retained Earnings10.5B11.6B12.0B12.4B14.2B14.9B
Other Assets319.5M22.7B8.9B13.0B14.9B15.7B
Common Stock Shares Outstanding491.9M490.6M489.3M490.8M441.7M542.4M
Liabilities And Stockholders Equity20.2B24.2B28.1B30.1B34.6B36.4B
Non Current Liabilities Total7.1B9.7B12.6B15.2B17.4B18.3B
Other Stockholder Equity859.7M587M(621M)(509.3M)(585.7M)(556.4M)
Total Liab8.7B11.4B14.2B16.5B19.0B20.0B
Total Current Liabilities1.6B1.7B1.6B1.4B1.6B1.0B
Property Plant And Equipment Net1.3B1.2B1.2B1.2B1.4B1.5B
Accounts Payable793.8M1.0B1.1B879.7M1.0B1.1B
Cash4.0B4.6B4.8B4.4B5.1B3.7B
Non Current Assets Total15.1B18.1B22.0B24.4B28.0B29.4B
Non Currrent Assets Other275.4M244.4M292.6M266.9M306.9M251.4M
Cash And Short Term Investments4.0B4.6B4.8B4.4B5.1B4.2B
Net Receivables1.2B1.4B1.3B1.3B1.6B1.6B
Other Current Assets(5.2B)(6.1B)(6.0B)(5.8B)(5.2B)(4.9B)
Property Plant And Equipment Gross1.3B2.4B2.2B2.2B2.5B2.6B
Total Current Assets5.2B6.1B6.0B5.8B6.6B5.1B
Short Term Investments589.7M504.8M588.3M1.7B1.9B1.1B
Other Current Liab846.5M693.6M(5.3M)513.5M590.5M373.1M
Short Term Debt621M518.4M528.4M467.8M538.0M269.4M
Intangible Assets4.9B4.7B5.1B4.9B5.6B5.9B
Good Will4.5B4.5B5.8B6.0B6.9B7.2B
Common Stock Total Equity49.9M49.5M50.2M50M57.5M36.0M
Accumulated Other Comprehensive Income(407.6M)(377.6M)(621M)(509.3M)(458.4M)(435.5M)
Common Stock49.5M50.2M50M49.6M57.0M36.7M
Other Liab2.0B4.3B7.2B9.9B11.4B12.0B
Long Term Debt3.0B3.4B3.4B11.3B13.0B13.6B
Property Plant Equipment813.8M770M1.2B1.2B1.4B1.5B
Net Tangible Assets1.2B1.6B559.2M1.0B909.8M864.3M
Noncontrolling Interest In Consolidated Entity717.7M859.3M587.2M824.3M947.9M525.0M
Retained Earnings Total Equity10.3B10.5B11.6B12.0B13.9B10.6B
Deferred Long Term Liab120.1M305.3M311.7M347.8M400.0M240.8M

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When determining whether Franklin Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.
Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Franklin Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
1.22
Earnings Share
1.73
Revenue Per Share
16.32
Quarterly Revenue Growth
0.117
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.