Allegion Balance Sheet Health
Financial Health criteria checks 4/6
Allegion has a total shareholder equity of $1.4B and total debt of $2.0B, which brings its debt-to-equity ratio to 149%. Its total assets and total liabilities are $4.3B and $2.9B respectively. Allegion's EBIT is $737.1M making its interest coverage ratio 8.9. It has cash and short-term investments of $391.8M.
Key information
149.0%
Debt to equity ratio
US$2.01b
Debt
Interest coverage ratio | 8.9x |
Cash | US$391.80m |
Equity | US$1.35b |
Total liabilities | US$2.94b |
Total assets | US$4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Y5C's short term assets ($1.3B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: 0Y5C's short term assets ($1.3B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 0Y5C's net debt to equity ratio (120%) is considered high.
Reducing Debt: 0Y5C's debt to equity ratio has reduced from 225.4% to 149% over the past 5 years.
Debt Coverage: 0Y5C's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 0Y5C's interest payments on its debt are well covered by EBIT (8.9x coverage).