Allegion Balance Sheet Health
Financial Health criteria checks 4/6
Allegion has a total shareholder equity of $1.6B and total debt of $2.4B, which brings its debt-to-equity ratio to 152.9%. Its total assets and total liabilities are $5.0B and $3.4B respectively. Allegion's EBIT is $784.1M making its interest coverage ratio 9.9. It has cash and short-term investments of $878.9M.
Key information
152.9%
Debt to equity ratio
US$2.40b
Debt
| Interest coverage ratio | 9.9x |
| Cash | US$878.90m |
| Equity | US$1.57b |
| Total liabilities | US$3.40b |
| Total assets | US$4.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 60A's short term assets ($1.9B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 60A's short term assets ($1.9B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 60A's net debt to equity ratio (97%) is considered high.
Reducing Debt: 60A's debt to equity ratio has reduced from 207.7% to 152.9% over the past 5 years.
Debt Coverage: 60A's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 60A's interest payments on its debt are well covered by EBIT (9.9x coverage).