Allegion Total Stockholder Equity vs Total Current Assets Analysis

ALLE Stock  USD 140.84  0.57  0.40%   
Allegion PLC financial indicator trend analysis is way more than just evaluating Allegion PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegion PLC is a good investment. Please check the relationship between Allegion PLC Total Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegion PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegion PLC Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Allegion PLC's Total Stockholder Equity and Total Current Assets is 0.4. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Allegion PLC, assuming nothing else is changed. The correlation between historical values of Allegion PLC's Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Allegion PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Allegion PLC's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Allegion PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegion PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegion PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.The current year's Selling General Administrative is expected to grow to about 908.9 M, whereas Discontinued Operations is forecasted to decline to (483 K).
 2021 2022 2023 2024 (projected)
Interest Expense50.2M75.9M93.1M56.7M
Depreciation And Amortization83.1M97.9M111.6M117.2M

Allegion PLC fundamental ratios Correlations

-0.71-0.6-0.73-0.30.63-0.58-0.39-0.66-0.35-0.68-0.65-0.04-0.47-0.23-0.69-0.44-0.75-0.39-0.690.16-0.440.06-0.390.27-0.91
-0.710.880.870.3-0.630.620.410.640.650.960.92-0.020.750.350.940.70.890.650.990.150.50.020.65-0.480.8
-0.60.880.670.29-0.440.380.340.470.570.840.82-0.060.640.380.840.60.740.560.890.220.42-0.190.58-0.40.7
-0.730.870.670.18-0.540.610.330.630.560.830.750.10.710.130.780.660.920.620.840.070.420.260.57-0.460.77
-0.30.30.290.18-0.70.420.52-0.12-0.520.370.44-0.4-0.40.660.53-0.470.43-0.530.24-0.470.390.23-0.520.670.3
0.63-0.63-0.44-0.54-0.7-0.68-0.61-0.380.0-0.63-0.620.07-0.12-0.48-0.74-0.06-0.670.01-0.550.39-0.58-0.31-0.01-0.12-0.56
-0.580.620.380.610.42-0.680.180.30.210.570.690.310.310.170.590.240.510.210.560.110.20.410.2-0.080.72
-0.390.410.340.330.52-0.610.180.09-0.040.30.39-0.250.040.40.590.00.54-0.120.32-0.220.97-0.12-0.040.050.31
-0.660.640.470.63-0.12-0.380.30.090.640.60.40.070.70.00.520.690.570.680.66-0.040.20.110.67-0.580.5
-0.350.650.570.56-0.520.00.21-0.040.640.560.480.280.98-0.160.420.990.390.990.690.530.14-0.231.0-0.950.45
-0.680.960.840.830.37-0.630.570.30.60.560.91-0.130.670.410.890.620.860.580.96-0.030.370.050.56-0.340.76
-0.650.920.820.750.44-0.620.690.390.40.480.910.070.580.560.880.510.760.470.90.130.420.00.48-0.270.83
-0.04-0.02-0.060.1-0.40.070.31-0.250.070.28-0.130.070.25-0.08-0.160.26-0.170.29-0.060.43-0.260.30.27-0.340.13
-0.470.750.640.71-0.4-0.120.310.040.70.980.670.580.25-0.120.541.00.550.980.790.470.21-0.140.98-0.920.56
-0.230.350.380.130.66-0.480.170.40.0-0.160.410.56-0.08-0.120.52-0.150.34-0.180.34-0.240.23-0.08-0.160.310.25
-0.690.940.840.780.53-0.740.590.590.520.420.890.88-0.160.540.520.480.910.410.920.050.64-0.020.43-0.270.73
-0.440.70.60.66-0.47-0.060.240.00.690.990.620.510.261.0-0.150.480.490.990.740.460.18-0.190.99-0.940.52
-0.750.890.740.920.43-0.670.510.540.570.390.860.76-0.170.550.340.910.490.430.86-0.080.60.130.4-0.280.72
-0.390.650.560.62-0.530.010.21-0.120.680.990.580.470.290.98-0.180.410.990.430.70.480.06-0.170.99-0.940.48
-0.690.990.890.840.24-0.550.560.320.660.690.960.9-0.060.790.340.920.740.860.70.180.42-0.060.7-0.520.78
0.160.150.220.07-0.470.390.11-0.22-0.040.53-0.030.130.430.47-0.240.050.46-0.080.480.18-0.1-0.240.52-0.590.07
-0.440.50.420.420.39-0.580.20.970.20.140.370.42-0.260.210.230.640.180.60.060.42-0.1-0.170.14-0.140.37
0.060.02-0.190.260.23-0.310.41-0.120.11-0.230.050.00.3-0.14-0.08-0.02-0.190.13-0.17-0.06-0.24-0.17-0.250.28-0.08
-0.390.650.580.57-0.52-0.010.2-0.040.671.00.560.480.270.98-0.160.430.990.40.990.70.520.14-0.25-0.950.47
0.27-0.48-0.4-0.460.67-0.12-0.080.05-0.58-0.95-0.34-0.27-0.34-0.920.31-0.27-0.94-0.28-0.94-0.52-0.59-0.140.28-0.95-0.32
-0.910.80.70.770.3-0.560.720.310.50.450.760.830.130.560.250.730.520.720.480.780.070.37-0.080.47-0.32
Click cells to compare fundamentals

Allegion PLC Account Relationship Matchups

Allegion PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding94.3M92.8M90.5M88.3M79.5M75.5M
Total Assets3.0B3.1B3.1B4.0B4.3B3.0B
Other Current Liab285.9M282.7M317.6M382.6M393M256.7M
Total Current Liabilities507M521.5M601.2M703.6M1.1B596.6M
Total Stockholder Equity760.4M829.4M762.4M944.5M1.3B722.6M
Other Liab216.6M219.6M257.9M191.7M172.5M195.8M
Accounts Payable221M220.4M259.1M280.7M259.2M247.5M
Cash355.3M480.4M397.9M288M468.1M377.7M
Other Assets190.3M324M(4.2M)301M346.2M363.5M
Long Term Debt1.4B1.4B1.4B2.1B1.6B1.4B
Good Will873.3M819M803.8M1.4B1.4B906.0M
Inventory269.9M283.1M380.4M479M438.5M300.5M
Other Current Assets43.4M33.9M56M52M32.6M45.3M
Total Liab2.2B2.2B2.3B3.0B3.0B2.3B
Intangible Assets510.9M487.1M447.5M608.9M572.8M466.2M
Property Plant Equipment291.4M294.9M283.7M308.7M355.0M279.6M
Short Long Term Debt Total1.4B1.4B1.4B2.1B2.0B1.6B
Property Plant And Equipment Net291.4M294.9M283.7M308.7M506.2M303.5M
Net Debt1.1B949.2M1.0B1.8B1.5B1.2B
Non Current Assets Total2.0B1.9B1.9B2.8B3.0B1.9B
Non Currrent Assets Other289.8M183M398.4M171.5M69.8M66.3M
Cash And Short Term Investments355.3M480.4M397.9M288M468.1M374.7M
Net Receivables329.8M347.6M283.3M395.6M421.7M280.7M
Liabilities And Stockholders Equity3.0B3.1B3.1B4.0B4.3B3.0B
Non Current Liabilities Total1.7B1.7B1.7B2.3B1.9B1.8B
Property Plant And Equipment Gross291M294.9M827.7M875.6M961.4M1.0B
Total Current Assets1.0B1.1B1.1B1.2B1.4B1.1B
Accumulated Other Comprehensive Income(218.6M)(157.1M)(194.4M)(285.8M)(261.5M)(274.6M)
Short Term Debt35.3M100K200K12.6M412.6M433.2M
Net Tangible Assets(626.8M)(476.7M)(492.2M)(1.1B)(1.2B)(1.3B)
Current Deferred Revenue20.2M112M293.7M209.8M241.3M133.6M
Retained Earnings975.1M985.6M952.6M1.2B1.6B1.7B
Short Long Term Debt35.3M100K200K12.6M412.6M433.2M
Retained Earnings Total Equity975.1M985.6M952.6M1.2B1.4B769.5M

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When determining whether Allegion PLC is a strong investment it is important to analyze Allegion PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegion PLC's future performance. For an informed investment choice regarding Allegion Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegion PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegion PLC. If investors know Allegion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegion PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
1.89
Earnings Share
6.51
Revenue Per Share
42.584
Quarterly Revenue Growth
0.054
The market value of Allegion PLC is measured differently than its book value, which is the value of Allegion that is recorded on the company's balance sheet. Investors also form their own opinion of Allegion PLC's value that differs from its market value or its book value, called intrinsic value, which is Allegion PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegion PLC's market value can be influenced by many factors that don't directly affect Allegion PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegion PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegion PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegion PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.