Allegion PLC

NYSE ALLE

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Allegion PLC Net Working Capital to Total Assets Ratio 3 year CAGR for the year ending December 31, 2023: -31.52%

Allegion PLC Net Working Capital to Total Assets Ratio 3 year CAGR is -31.52% for the year ending December 31, 2023, a -273.88% change year over year. The net working capital to total assets ratio measures the proportion of a company's net working capital (current assets minus current liabilities) to its total assets. It is calculated by dividing the net working capital by the total assets. This ratio indicates the percentage of a company's total assets that are financed by its net working capital. A higher ratio suggests a greater reliance on working capital to fund the company's operations and indicates a potential liquidity cushion. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Allegion PLC Net Working Capital to Total Assets Ratio for the year ending December 31, 2022 was 0.13, a -24.36% change year over year.
  • Allegion PLC Net Working Capital to Total Assets Ratio for the year ending December 31, 2021 was 0.17, a -16.68% change year over year.
  • Allegion PLC Net Working Capital to Total Assets Ratio for the year ending December 31, 2020 was 0.20, a 21.81% change year over year.
  • Allegion PLC Net Working Capital to Total Assets Ratio for the year ending December 31, 2019 was 0.17, a 14.07% change year over year.
NYSE: ALLE

Allegion PLC

CEO Mr. Jeffrey N. Braun
IPO Date Nov. 18, 2013
Location Ireland
Headquarters Iveagh Court, Dublin, Ireland, D02 VH94
Employees 12,200
Sector Industrials
Industry Security & protection services
Description

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

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StockViz Staff

September 20, 2024

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