Allegion PLC (ALLE)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,500,700K
= 0.00
The debt-to-equity ratio of Allegion PLC has consistently been at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its operations and growth but has predominantly funded its activities through equity. A debt-to-equity ratio of 0.00 signifies a conservative financial structure with a lower level of financial risk, as there is no debt used to support the company's operations. It suggests that Allegion PLC has a strong equity base and a stable financial position, which may provide more financial flexibility and resilience in uncertain economic environments.