What is Franklin Resources's cash & equivalents?

Franklin Resources (BEN) reported cash & equivalents of $4.54B in Q4 2021.

What does cash & equivalents mean?

Cash and highly liquid assets that can be converted to cash within 90 days.

Cash & Equivalents

Franklin Resources Cash & Equivalents decreased by 2.2% to $4.54B in Q4 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2013

Last reportedQ1 2022Feb 1, 2022

How to read this metric

Higher levels indicate strong liquidity and financial flexibility; lower levels may signal potential cash flow issues.

Detailed definition

This represents the most liquid assets held by the company, including cash on hand, demand deposits, and short-term inve...

Peer comparison

A universal metric for assessing a company's immediate financial health.

Metric ID: cash_and_equivalents

Historical Data

3 periods

	Q3 '21	Q4 '21	Q1 '22
Value	$4.36B	$4.65B	$4.54B
QoQ Change	—	+6.6%	-2.2%

Range$4.36B – $4.65B

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Frequently Asked Questions

What is Franklin Resources's cash & equivalents?: Franklin Resources (BEN) reported cash & equivalents of $4.54B in Q4 2021.
What does cash & equivalents mean?: Cash and highly liquid assets that can be converted to cash within 90 days.