Current Ratio

Allegion's current ratio of 1.91x means the company has $1.91 in short-term assets for every $1.00 of short-term liabilities, indicating it can comfortably cover its near-term obligations.

This ratio sits well above the Industrials sector median of 1.18x, placing it in the 80th percentile among sector peers. The trend information is not available: the year-over-year change, quarter-over-quarter change, and direction over the last eight quarters are all marked as N/A, leaving only this single data point. Because the level is strong relative to peers but there is no trend to gauge whether liquidity is improving or deteriorating, the metric offers a neutral signal for investment risk. This stable liquidity position supports the overall NEUTRAL verdict, as it neither adds risk nor provides a clear catalyst for a bullish or bearish view.

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