Allegion (BSP:A1GN34) Effective Interest Rate on Debt % : 4.58% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Allegion Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Allegion's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was R$456 Mil. Allegion's average total debt for the quarter that ended in Mar. 2024 was R$9,949 Mil. Therefore, Allegion's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.58%.

Allegion Effective Interest Rate on Debt % Historical Data

The historical data trend for Allegion's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegion Effective Interest Rate on Debt % Chart

Allegion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.01

3.98

3.66

4.16

4.37

Allegion Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.46	4.37	4.53	4.52	4.58

Competitive Comparison of Allegion's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Allegion's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Allegion's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegion's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Allegion's Effective Interest Rate on Debt % falls into.

Allegion Effective Interest Rate on Debt % Calculation

Allegion's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -456.171	/	( (10986.49	+	9873.097)	/ 2 )
=	-1 * -456.171	/	10429.7935
=	4.37 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10920.398	+	66.092
=	10986.49

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7851.44	+	2021.657
=	9873.097

Allegion's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -456.148	/	( (9873.097	+	10025.831)	/ 2 )
=	-1 * -456.148	/	9949.464
=	4.58 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7851.44	+	2021.657
=	9873.097

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7968.178	+	2057.653
=	10025.831

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Allegion (BSP:A1GN34) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Allegion Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Allegion's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Allegion (BSP:A1GN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allegion PLC (BSP:A1GN34) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ALLE:USA

Address

Harcourt Road, Iveagh Court, Block D, Dublin 2, IRL, D02 VH94

Website

https://www.allegion.com

Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.

Allegion (BSP:A1GN34) Headlines

No Headlines