Allegro MicroSystems Balance Sheet Health
Financial Health criteria checks 5/6
Allegro MicroSystems has a total shareholder equity of $1.1B and total debt of $253.5M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $1.5B and $398.9M respectively. Allegro MicroSystems's EBIT is $241.2M making its interest coverage ratio 31.7. It has cash and short-term investments of $212.1M.
Key information
22.4%
Debt to equity ratio
US$253.54m
Debt
Interest coverage ratio | 31.7x |
Cash | US$212.14m |
Equity | US$1.13b |
Total liabilities | US$398.89m |
Total assets | US$1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6V5's short term assets ($572.2M) exceed its short term liabilities ($117.9M).
Long Term Liabilities: 6V5's short term assets ($572.2M) exceed its long term liabilities ($281.0M).
Debt to Equity History and Analysis
Debt Level: 6V5's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 6V5's debt to equity ratio has increased from 7.2% to 22.4% over the past 5 years.
Debt Coverage: 6V5's debt is well covered by operating cash flow (71.7%).
Interest Coverage: 6V5's interest payments on its debt are well covered by EBIT (31.7x coverage).