Allegion PLC (ALLE)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,500,700 | 1,571,000 | 1,425,300 | 1,350,900 | 1,318,300 | 1,232,100 | 1,140,500 | 1,041,700 | 944,500 | 793,600 | 776,900 | 741,600 | 762,400 | 864,200 | 784,000 | 727,700 | 829,400 | 824,300 | 677,500 | 611,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Allegion PLC has consistently maintained a debt-to-capital ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments relative to its total capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that Allegion PLC is primarily funded by equity, which may indicate a lower financial risk level and potentially greater financial flexibility without the burden of interest payments associated with debt. Further analysis of the company's capital structure and financial strategy would be needed to fully assess the implications of this consistent ratio.