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 $254.4M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $1.6B and $429.8M respectively. Allegro MicroSystems's EBIT is $236.9M making its interest coverage ratio 78.8. It has cash and short-term investments of $214.3M.
Key information
22.4%
Debt to equity ratio
US$254.42m
Debt
Interest coverage ratio | 78.8x |
Cash | US$214.31m |
Equity | US$1.14b |
Total liabilities | US$429.82m |
Total assets | US$1.57b |
Recent financial health updates
Recent updates
Is Allegro MicroSystems, Inc. (NASDAQ:ALGM) Potentially Undervalued?
Mar 16Allegro MicroSystems, Inc. (NASDAQ:ALGM) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 02Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital
Feb 24Allegro MicroSystems: The Worst Seems Near
Feb 12Analysts Are More Bearish On Allegro MicroSystems, Inc. (NASDAQ:ALGM) Than They Used To Be
Feb 03Allegro MicroSystems (NASDAQ:ALGM) Seems To Use Debt Rather Sparingly
Jan 21Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Could Signal Some Risk
Jan 05Calculating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Nov 19Allegro MicroSystems (NASDAQ:ALGM) Is Achieving High Returns On Its Capital
Nov 03When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?
Oct 16Estimating The Fair Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Aug 18Returns on Capital Paint A Bright Future For Allegro MicroSystems (NASDAQ:ALGM)
Aug 05When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?
Jul 18Investors Will Want Allegro MicroSystems' (NASDAQ:ALGM) Growth In ROCE To Persist
Apr 24What Is Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Doing?
Apr 06Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital
Jan 06Is It Time To Consider Buying Allegro MicroSystems, Inc. (NASDAQ:ALGM)?
Dec 18Are Allegro MicroSystems, Inc. (NASDAQ:ALGM) Investors Paying Above The Intrinsic Value?
Nov 27Allegro MicroSystems Is Sending Conflicting Signals
Oct 13Slowing Rates Of Return At Allegro MicroSystems (NASDAQ:ALGM) Leave Little Room For Excitement
Oct 04Allegro MicroSystems appoints SVP Mike Doogue to CTO position
Sep 01Estimating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Jul 29Allegro MicroSystems Q1 2023 Earnings Preview
Jul 27Allegro MicroSystems enters new distribution agreement with Mouser Electronics
Jul 19Investors Appear Satisfied With Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Prospects
Jun 28Allegro MicroSystems (NASDAQ:ALGM) Is Doing The Right Things To Multiply Its Share Price
Jun 13US$32.49: That's What Analysts Think Allegro MicroSystems, Inc. (NASDAQ:ALGM) Is Worth After Its Latest Results
May 12Financial Position Analysis
Short Term Liabilities: ALGM's short term assets ($549.5M) exceed its short term liabilities ($120.2M).
Long Term Liabilities: ALGM's short term assets ($549.5M) exceed its long term liabilities ($309.6M).
Debt to Equity History and Analysis
Debt Level: ALGM's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ALGM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALGM's debt is well covered by operating cash flow (85.1%).
Interest Coverage: ALGM's interest payments on its debt are well covered by EBIT (78.8x coverage).