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 $737.0M making its interest coverage ratio 8.6. 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 | 8.6x |
| Cash | US$391.80m |
| Equity | US$1.35b |
| Total liabilities | US$2.94b |
| Total assets | US$4.29b |
Recent financial health updates
Here's Why Allegion (NYSE:ALLE) Can Manage Its Debt Responsibly
Jan 30
Here'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 13We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 13Is Allegion (NYSE:ALLE) Using Too Much Debt?
Sep 08Recent updates
Calculating 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 09Should You Think About Buying Allegion plc (NYSE:ALLE) Now?
Jan 10We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 13Calculating The Fair Value Of Allegion plc (NYSE:ALLE)
Nov 30Allegion (NYSE:ALLE) Is Reinvesting At Lower Rates Of Return
Nov 16Allegion to acquire workforce management solution firm plano
Nov 07Allegion Non-GAAP EPS of $1.64 beats by $0.16, revenue of $913.7M beats by $40.12M
Oct 27Should You Investigate Allegion plc (NYSE:ALLE) At US$92.42?
Oct 09Is Allegion (NYSE:ALLE) Using Too Much Debt?
Sep 08Allegion: Security And Earnings Growth As Operations Improve
Aug 30A Look At The Fair Value Of Allegion plc (NYSE:ALLE)
Aug 23There Are Reasons To Feel Uneasy About Allegion's (NYSE:ALLE) Returns On Capital
Aug 10Allegion Q2 2022 Earnings Preview
Jul 27What Does Allegion plc's (NYSE:ALLE) Share Price Indicate?
Jul 01Financial Position Analysis
Short Term Liabilities: ALLE's short term assets ($1.3B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: ALLE's short term assets ($1.3B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ALLE's net debt to equity ratio (120%) is considered high.
Reducing Debt: ALLE's debt to equity ratio has reduced from 225.4% to 149% over the past 5 years.
Debt Coverage: ALLE's debt is well covered by operating cash flow (28.9%).
Interest Coverage: ALLE's interest payments on its debt are well covered by EBIT (8.6x coverage).