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 $245.1M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $1.5B and $398.9M respectively. Allegro MicroSystems's EBIT is $217.7M making its interest coverage ratio 28.6. It has cash and short-term investments of $212.1M.
Key information
21.7%
Debt to equity ratio
US$245.10m
Debt
| Interest coverage ratio | 28.6x |
| Cash | US$212.14m |
| Equity | US$1.13b |
| Total liabilities | US$398.89m |
| Total assets | US$1.53b |
Recent financial health updates
We Think Allegro MicroSystems (NASDAQ:ALGM) Can Stay On Top Of Its Debt
Jun 14
Allegro MicroSystems (NASDAQ:ALGM) Seems To Use Debt Rather Sparingly
Jan 21Recent updates
Allegro MicroSystems: Why The Shorts Are Not Buying The Rally
Jul 12Allegro MicroSystems (NASDAQ:ALGM) Hasn't Managed To Accelerate Its Returns
Jun 30We Think Allegro MicroSystems (NASDAQ:ALGM) Can Stay On Top Of Its Debt
Jun 14Time To Worry? Analysts Are Downgrading Their Allegro MicroSystems, Inc. (NASDAQ:ALGM) Outlook
May 12Here's Why Allegro MicroSystems (NASDAQ:ALGM) Has Caught The Eye Of Investors
Apr 30Allegro MicroSystems Stock: I Am Still Cautious
Apr 25Estimating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Apr 16Is 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 04Financial Position Analysis
Short Term Liabilities: ALGM's short term assets ($572.2M) exceed its short term liabilities ($117.9M).
Long Term Liabilities: ALGM's short term assets ($572.2M) exceed its long term liabilities ($281.0M).
Debt to Equity History and Analysis
Debt Level: ALGM's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: ALGM's debt to equity ratio has increased from 7.2% to 21.7% over the past 5 years.
Debt Coverage: ALGM's debt is well covered by operating cash flow (74.1%).
Interest Coverage: ALGM's interest payments on its debt are well covered by EBIT (28.6x coverage).