Allegion PLC (ALLE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,500,700 | 1,318,300 | 944,500 | 762,400 | 829,400 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,500,700K)
= 0.00
The debt-to-capital ratio of Allegion PLC has been consistently at 0.00% from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt to finance its operations, and its capital structure is primarily composed of equity. A debt-to-capital ratio of 0.00% suggests that Allegion PLC is not relying on borrowing to fund its activities and is maintaining a strong financial position with low financial leverage. Investors and stakeholders may view this as a positive sign of financial stability and sound management of capital resources.