Allegro Microsystems (Allegro Microsystems) Debt-to-Equity : 0.24 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Allegro Microsystems Debt-to-Equity?

Allegro Microsystems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9 Mil. Allegro Microsystems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $267 Mil. Allegro Microsystems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,134 Mil. Allegro Microsystems's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Allegro Microsystems's Debt-to-Equity or its related term are showing as below:

ALGM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.24
Current: 0.24

During the past 5 years, the highest Debt-to-Equity Ratio of Allegro Microsystems was 0.24. The lowest was 0.04. And the median was 0.05.

ALGM's Debt-to-Equity is ranked better than
52.95% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs ALGM: 0.24

Allegro Microsystems Debt-to-Equity Historical Data

The historical data trend for Allegro Microsystems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegro Microsystems Debt-to-Equity Chart

Allegro Microsystems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.07

0.14

0.04

0.06

0.04

Allegro Microsystems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.04	0.05	0.04	0.24

Competitive Comparison of Allegro Microsystems's Debt-to-Equity

For the Semiconductors subindustry, Allegro Microsystems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Allegro Microsystems's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Allegro Microsystems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Allegro Microsystems's Debt-to-Equity falls into.

Allegro Microsystems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allegro Microsystems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.493	+	38.048)	/	965.628
	=	0.04

Allegro Microsystems's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.445	+	266.785)	/	1134.232
	=	0.24

Allegro Microsystems (NAS:ALGM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Allegro Microsystems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Allegro Microsystems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Allegro Microsystems (Allegro Microsystems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Allegro Microsystems Inc (NAS:ALGM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6V5:Germany

Address

955 Perimeter Road, Manchester, NH, USA, 03103

Website

https://www.allegromicro.com

Allegro Microsystems Inc is a designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the critical emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor IC allow customers to precisely measure motion, speed, position and current. At the same time, its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE which include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE which include Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC and Stepper Driver.

Executives

Vineet A Nargolwala	director, officer: President and CEO	529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Mary G Puma	director	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio	officer: SVP, CFO & Treasurer	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin	director
Michael Doogue	officer: SVP, CTO	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Suman Narayan	officer: SVP, Products	955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky	officer: SVP, GC and Secretary	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster	officer: VP, Chief Accounting Officer	955 PERIMETER RD, MANCHESTER NH 03103
Richard R. Lury	director	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Susan D Lynch	director	2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Max R. Glover	officer: SVP of Worldwide Sales	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Oep Skna, L.p.	10 percent owner	510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente	officer: SVP, CHRO	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima	director	955 PERIMETER ROAD, MANCHESTER NH 03103
Kojiro Hatano	director	955 PERIMETER ROAD, MANCHESTER NH 03103