Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Allegro Microsystems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,134 Mil. Allegro Microsystems's Total Assets for the quarter that ended in Dec. 2023 was $1,565 Mil.
Therefore, Allegro Microsystems's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.
The historical rank and industry rank for Allegro Microsystems's Equity-to-Asset or its related term are showing as below:
ALGM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.82 Max: 0.85
Current: 0.73
During the past 5 years, the highest Equity to Asset Ratio of Allegro Microsystems was 0.85. The lowest was 0.30. And the median was 0.82.
ALGM's Equity-to-Asset is ranked better than 64.74% of 1001
companies
in the Semiconductors industry
Industry Median: 0.63
vs ALGM: 0.73
Allegro Microsystems Equity-to-Asset Historical Data
The historical data trend for Allegro Microsystems's Equity-to-Asset 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.
Competitive Comparison of Allegro Microsystems's Equity-to-Asset
For the Semiconductors subindustry, Allegro Microsystems's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Allegro Microsystems's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Allegro Microsystems's Equity-to-Asset falls into.
Allegro Microsystems Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Allegro Microsystems's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Allegro Microsystems Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Allegro Microsystems's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Allegro Microsystems (Allegro Microsystems) Business Description
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.
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