ASSA ABLOY AB (publ)

Stockholm Stock Exchange ASSA-B.ST

ASSA ABLOY AB (publ) Interest Coverage Ratio for the year ending December 31, 2023: 8.60

ASSA ABLOY AB (publ) Interest Coverage Ratio is 8.60 for the year ending December 31, 2023, a -56.59% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • ASSA ABLOY AB (publ) Interest Coverage Ratio for the year ending December 31, 2022 was 19.82, a -8.28% change year over year.
  • ASSA ABLOY AB (publ) Interest Coverage Ratio for the year ending December 31, 2021 was 21.61, a 32.03% change year over year.
  • ASSA ABLOY AB (publ) Interest Coverage Ratio for the year ending December 31, 2020 was 16.37, a 17.32% change year over year.
  • ASSA ABLOY AB (publ) Interest Coverage Ratio for the year ending December 31, 2019 was 13.95, a -4.30% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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Stockholm Stock Exchange: ASSA-B.ST

ASSA ABLOY AB (publ)

CEO Mr. Nico Delvaux
IPO Date Jan. 3, 2000
Location Sweden
Headquarters Klarabergsviadukten 90
Employees 56,845
Sector Communication Services
Industries
Description

ASSA ABLOY AB (publ) provides door opening products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company offers mechanical and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, access control devices, and fire doors, as well as hardware products. It also provides identity solutions, including identity and access management, biometrics, authenticity and brand protection products, contactless RFID tags and transponders, and government IDs to companies, and government and state institutions, as well as healthcare, education, and financial industries; and secure access solutions for hotels, cruise ships, student accommodations, and elderly care facilities. In addition, the company offers entrance automation products, services, and components, such as automatic swing, sliding, and revolving doors; industrial doors; garage doors; high-performance doors; docking solutions; hangar doors; gate automation products; components for overhead sectional doors and sensors; and high security fencings and gates. The company provides its products primarily under the ASSA ABLOY, Yale, and HID brands. It sells its products through distributors, wholesalers, and home improvement stores. ASSA ABLOY AB (publ) was incorporated in 1954 and is based in Stockholm, Sweden.

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StockViz Staff

January 15, 2025

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