As of June 10, 2025, Templeton Emerging Markets Income Fund (TEI) reports a Current Ratio of 18.31.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Templeton Emerging Markets Income Fund's Current Ratio
Over recent years, Templeton Emerging Markets Income Fund's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 18.31 |
| 2023-12-31 | 18.31 |
| 2022-12-31 | 3.44 |
| 2021-12-31 | 1.25 |
| 2020-12-31 | 0.67 |
This slight upward trend highlights how Templeton Emerging Markets Income Fund manages its short-term assets and liabilities over time.
Comparing Templeton Emerging Markets Income Fund's Current Ratio to Peers
To better understand Templeton Emerging Markets Income Fund's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Templeton Emerging Markets Income Fund (TEI) | 18.31 |
| Nuveen Global High Income Fund (JGH) | 4.52 |
| Nuveen California Municipal Value Fund Inc (NCA) | 4.08 |
| BNY Mellon Strategic Municipal Bond Fund Inc (DSM) | 3.75 |
| Bespoke Capital Acquisition Corp (BC.U.TO) | 3.67 |
| Virtus Diversified Income & Convertible Fund (ACV) | 1.78 |
Compared to its competitors, Templeton Emerging Markets Income Fund's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.