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
Allegion (NYSE:ALLE) Seems To Use Debt Quite Sensibly
Aug 23
Allegion (NYSE:ALLE) Has A Pretty Healthy Balance Sheet
May 12Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Jan 30Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Sep 20These 4 Measures Indicate That Allegion (NYSE:ALLE) Is Using Debt Reasonably Well
Jun 22Is Allegion (NYSE:ALLE) Using Too Much Debt?
Mar 13Recent updates
Shareholders Are Optimistic That Allegion (NYSE:ALLE) Will Multiply In Value
Oct 23What Does Allegion plc's (NYSE:ALLE) Share Price Indicate?
Oct 11Estimating The Fair Value Of Allegion plc (NYSE:ALLE)
Sep 29Allegion plc's (NYSE:ALLE) Share Price Could Signal Some Risk
Sep 17Allegion (NYSE:ALLE) Seems To Use Debt Quite Sensibly
Aug 23Allegion (NYSE:ALLE) Ticks All The Boxes When It Comes To Earnings Growth
Jul 17Allegion: Near-Term Value Play, But No Long-Term Alpha
Jul 11At US$116, Is It Time To Put Allegion plc (NYSE:ALLE) On Your Watch List?
Jul 04Shareholders Are Optimistic That Allegion (NYSE:ALLE) Will Multiply In Value
Jun 20Subdued Growth No Barrier To Allegion plc's (NYSE:ALLE) Price
Jun 05Allegion: Strong Institutional Demand Should Drive Growth
May 28Allegion (NYSE:ALLE) Has A Pretty Healthy Balance Sheet
May 12Calculating The Intrinsic Value Of Allegion plc (NYSE:ALLE)
Apr 15Why Allegion plc (NYSE:ALLE) Could Be Worth Watching
Apr 02Why You Should Care About Allegion's (NYSE:ALLE) Strong Returns On Capital
Mar 21Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Jan 30Is Now The Time To Put Allegion (NYSE:ALLE) On Your Watchlist?
Jan 18A Look At The Intrinsic Value Of Allegion plc (NYSE:ALLE)
Jan 06Allegion: Providing More Security Here
Dec 31Allegion plc's (NYSE:ALLE) Share Price Not Quite Adding Up
Dec 24Allegion (NYSE:ALLE) Knows How To Allocate Capital
Dec 10Why Allegion plc (NYSE:ALLE) Could Be Worth Watching
Nov 27Allegion: Successful Acquisition And Lower Multiple, Upgrade To Buy
Oct 15Calculating The Fair Value Of Allegion plc (NYSE:ALLE)
Oct 03Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Sep 20Capital Investments At Allegion (NYSE:ALLE) Point To A Promising Future
Sep 06Is It Time To Consider Buying Allegion plc (NYSE:ALLE)?
Aug 21Should You Be Adding Allegion (NYSE:ALLE) To Your Watchlist Today?
Aug 09Allegion: Solid Company With Impressive Growth
Jul 29Allegion plc's (NYSE:ALLE) Intrinsic Value Is Potentially 22% Below Its Share Price
Jul 04These 4 Measures Indicate That Allegion (NYSE:ALLE) Is Using Debt Reasonably Well
Jun 22Here's What Allegion's (NYSE:ALLE) Strong Returns On Capital Mean
Jun 08What Does Allegion plc's (NYSE:ALLE) Share Price Indicate?
May 13Is Now The Time To Put Allegion (NYSE:ALLE) On Your Watchlist?
Apr 30Allegion (NYSE:ALLE) Will Pay A Larger Dividend Than Last Year At $0.45
Apr 17A Look At The Intrinsic Value Of Allegion plc (NYSE:ALLE)
Mar 27Is Allegion (NYSE:ALLE) Using Too Much Debt?
Mar 13Here's What To Make Of Allegion's (NYSE:ALLE) Decelerating Rates Of Return
Feb 28Allegion Q4 2022 Earnings Preview
Feb 21Allegion's (NYSE:ALLE) Dividend Will Be Increased To $0.45
Feb 13Allegion raise quarterly dividend by 9.8% to $0.45/share
Feb 09Financial Position Analysis
Short Term Liabilities: ALLE's short term assets ($1.9B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: ALLE's short term assets ($1.9B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ALLE's net debt to equity ratio (97%) is considered high.
Reducing Debt: ALLE's debt to equity ratio has reduced from 207.7% to 152.9% over the past 5 years.
Debt Coverage: ALLE's debt is well covered by operating cash flow (28.1%).
Interest Coverage: ALLE's interest payments on its debt are well covered by EBIT (9.9x coverage).