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
We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 21
Allegion (NYSE:ALLE) Seems To Use Debt Quite Sensibly
Aug 23Allegion (NYSE:ALLE) Has A Pretty Healthy Balance Sheet
May 12Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Jan 30Recent updates
We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 21Allegion: Not Locked In Here
Dec 17Shareholders 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: Successful Acquisition And Lower Multiple, Upgrade To Buy
Oct 15Allegion: Solid Company With Impressive Growth
Jul 29Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:02 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Allegion plc is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Julian Mitchell | Barclays |
| Rizk Maidi | Berenberg |