Allegion Financial Health
How is Allegion's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ALLE's short term assets ($1.2B) exceed its short term liabilities ($689.2M).
Long Term Liabilities: ALLE's short term assets ($1.2B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ALLE's net debt to equity ratio (245.1%) is considered high.
Reducing Debt: ALLE's debt to equity ratio has reduced from 388.9% to 280.6% over the past 5 years.
Debt Coverage: ALLE's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: ALLE's interest payments on its debt are well covered by EBIT (9x coverage).