Allegion Balance Sheet Health
Financial Health criteria checks 4/6
Allegion has a total shareholder equity of $1.3B and total debt of $2.0B, which brings its debt-to-equity ratio to 152.8%. Its total assets and total liabilities are $4.3B and $3.0B respectively. Allegion's EBIT is $735.9M making its interest coverage ratio 8.5. It has cash and short-term investments of $468.1M.
Key information
152.8%
Debt to equity ratio
US$2.02b
Debt
Interest coverage ratio | 8.5x |
Cash | US$468.10m |
Equity | US$1.32b |
Total liabilities | US$2.99b |
Total assets | US$4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1GN34's short term assets ($1.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: A1GN34's short term assets ($1.4B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: A1GN34's net debt to equity ratio (117.3%) is considered high.
Reducing Debt: A1GN34's debt to equity ratio has reduced from 220.9% to 152.8% over the past 5 years.
Debt Coverage: A1GN34's debt is well covered by operating cash flow (29.8%).
Interest Coverage: A1GN34's interest payments on its debt are well covered by EBIT (8.5x coverage).