Allegro MicroSystems, Inc.

NasdaqGS:ALGM Stock Report

Market Cap: US$5.1b

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 ratio78.8x
CashUS$214.31m
EquityUS$1.14b
Total liabilitiesUS$429.82m
Total assetsUS$1.57b

Recent financial health updates

Recent updates

Is Allegro MicroSystems, Inc. (NASDAQ:ALGM) Potentially Undervalued?

Mar 16
Is Allegro MicroSystems, Inc. (NASDAQ:ALGM) Potentially Undervalued?

Allegro MicroSystems, Inc. (NASDAQ:ALGM) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Mar 02
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital

Feb 24
Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital

Allegro MicroSystems: The Worst Seems Near

Feb 12

Analysts Are More Bearish On Allegro MicroSystems, Inc. (NASDAQ:ALGM) Than They Used To Be

Feb 03
Analysts Are More Bearish On Allegro MicroSystems, Inc. (NASDAQ:ALGM) Than They Used To Be

Allegro MicroSystems (NASDAQ:ALGM) Seems To Use Debt Rather Sparingly

Jan 21
Allegro MicroSystems (NASDAQ:ALGM) Seems To Use Debt Rather Sparingly

Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Could Signal Some Risk

Jan 05
Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Could Signal Some Risk

Calculating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Nov 19
Calculating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Allegro MicroSystems (NASDAQ:ALGM) Is Achieving High Returns On Its Capital

Nov 03
Allegro MicroSystems (NASDAQ:ALGM) Is Achieving High Returns On Its Capital

When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Oct 16
When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Estimating The Fair Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Aug 18
Estimating The Fair Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Returns on Capital Paint A Bright Future For Allegro MicroSystems (NASDAQ:ALGM)

Aug 05
Returns on Capital Paint A Bright Future For Allegro MicroSystems (NASDAQ:ALGM)

When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Jul 18
When Should You Buy Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Investors Will Want Allegro MicroSystems' (NASDAQ:ALGM) Growth In ROCE To Persist

Apr 24
Investors Will Want Allegro MicroSystems' (NASDAQ:ALGM) Growth In ROCE To Persist

What Is Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Doing?

Apr 06
What Is Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Share Price Doing?

Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital

Jan 06
Allegro MicroSystems (NASDAQ:ALGM) Is Experiencing Growth In Returns On Capital

Is It Time To Consider Buying Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Dec 18
Is It Time To Consider Buying Allegro MicroSystems, Inc. (NASDAQ:ALGM)?

Are Allegro MicroSystems, Inc. (NASDAQ:ALGM) Investors Paying Above The Intrinsic Value?

Nov 27
Are Allegro MicroSystems, Inc. (NASDAQ:ALGM) Investors Paying Above The Intrinsic Value?

Allegro MicroSystems Is Sending Conflicting Signals

Oct 13

Slowing Rates Of Return At Allegro MicroSystems (NASDAQ:ALGM) Leave Little Room For Excitement

Oct 04
Slowing Rates Of Return At Allegro MicroSystems (NASDAQ:ALGM) Leave Little Room For Excitement

Allegro MicroSystems appoints SVP Mike Doogue to CTO position

Sep 01

Estimating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Jul 29
Estimating The Intrinsic Value Of Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Allegro MicroSystems Q1 2023 Earnings Preview

Jul 27

Allegro MicroSystems enters new distribution agreement with Mouser Electronics

Jul 19

Investors Appear Satisfied With Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Prospects

Jun 28
Investors Appear Satisfied With Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Prospects

Allegro MicroSystems (NASDAQ:ALGM) Is Doing The Right Things To Multiply Its Share Price

Jun 13
Allegro MicroSystems (NASDAQ:ALGM) Is Doing The Right Things To Multiply Its Share Price

US$32.49: That's What Analysts Think Allegro MicroSystems, Inc. (NASDAQ:ALGM) Is Worth After Its Latest Results

May 12
US$32.49: That's What Analysts Think Allegro MicroSystems, Inc. (NASDAQ:ALGM) Is Worth After Its Latest Results

Financial 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).


Balance Sheet


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