Allegro Other Stockholder Equity vs Long Term Debt Analysis

ALGM Stock  USD 21.73  0.43  1.94%   
Allegro Microsystems financial indicator trend analysis is way more than just evaluating Allegro Microsystems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegro Microsystems is a good investment. Please check the relationship between Allegro Microsystems Other Stockholder Equity and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.

Other Stockholder Equity vs Long Term Debt

Other Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegro Microsystems Other Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allegro Microsystems' Other Stockholder Equity and Long Term Debt is 0.61. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Allegro Microsystems, assuming nothing else is changed. The correlation between historical values of Allegro Microsystems' Other Stockholder Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Allegro Microsystems are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Stockholder Equity i.e., Allegro Microsystems' Other Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Long Term Debt

Long-term debt is a debt that Allegro Microsystems has held for over one year. Long-term debt appears on Allegro Microsystems balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Allegro Microsystems balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Allegro Microsystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegro Microsystems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.At this time, Allegro Microsystems' Tax Provision is very stable compared to the past year. As of the 10th of November 2024, Enterprise Value Over EBITDA is likely to grow to 35.01, while Selling General Administrative is likely to drop about 166.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.3M10.8M11.3M
Depreciation And Amortization48.5M50.8M71.4M62.7M

Allegro Microsystems fundamental ratios Correlations

0.780.260.490.99-0.720.98-0.18-0.010.120.840.690.650.950.780.880.770.650.510.820.730.580.770.530.710.83
0.78-0.040.340.73-0.570.65-0.190.070.580.90.330.380.80.410.770.980.380.330.980.450.820.980.460.620.59
0.26-0.040.010.33-0.040.31-0.36-0.82-0.270.110.690.270.150.530.440.110.270.640.160.490.210.120.040.330.47
0.490.340.010.56-0.720.54-0.370.52-0.380.50.690.790.240.60.570.250.790.020.340.450.530.220.280.150.55
0.990.730.330.56-0.760.99-0.26-0.020.00.830.770.740.890.860.920.720.740.550.790.780.610.720.50.650.87
-0.72-0.57-0.04-0.72-0.76-0.710.66-0.390.31-0.52-0.66-0.93-0.52-0.8-0.8-0.51-0.93-0.04-0.62-0.85-0.63-0.490.04-0.55-0.88
0.980.650.310.540.99-0.71-0.14-0.01-0.030.790.750.690.890.840.860.640.690.560.710.720.50.640.560.60.82
-0.18-0.19-0.36-0.37-0.260.66-0.140.030.43-0.03-0.54-0.690.05-0.54-0.54-0.21-0.690.1-0.32-0.74-0.56-0.20.6-0.43-0.68
-0.010.07-0.820.52-0.02-0.39-0.010.03-0.140.03-0.190.23-0.08-0.11-0.12-0.10.23-0.63-0.07-0.12-0.01-0.12-0.02-0.2-0.09
0.120.58-0.27-0.380.00.31-0.030.43-0.140.41-0.42-0.540.38-0.430.00.6-0.540.10.48-0.340.230.610.440.23-0.24
0.840.90.110.50.83-0.520.79-0.030.030.410.50.460.80.560.810.880.460.590.880.40.790.880.70.420.59
0.690.330.690.690.77-0.660.75-0.54-0.19-0.420.50.820.460.890.810.360.820.470.470.80.540.350.230.50.85
0.650.380.270.790.74-0.930.69-0.690.23-0.540.460.820.370.910.80.331.00.220.460.840.60.32-0.040.370.88
0.950.80.150.240.89-0.520.890.05-0.080.380.80.460.370.560.730.80.370.480.810.560.450.80.620.720.64
0.780.410.530.60.86-0.80.84-0.54-0.11-0.430.560.890.910.560.880.420.910.560.530.880.560.420.140.460.93
0.880.770.440.570.92-0.80.86-0.54-0.120.00.810.810.80.730.880.790.80.550.860.840.840.780.290.650.94
0.770.980.110.250.72-0.510.64-0.21-0.10.60.880.360.330.80.420.790.330.40.990.480.821.00.440.680.61
0.650.380.270.790.74-0.930.69-0.690.23-0.540.460.821.00.370.910.80.330.220.460.840.60.32-0.040.370.88
0.510.330.640.020.55-0.040.560.1-0.630.10.590.470.220.480.560.550.40.220.40.260.370.430.520.080.38
0.820.980.160.340.79-0.620.71-0.32-0.070.480.880.470.460.810.530.860.990.460.40.590.850.990.390.730.72
0.730.450.490.450.78-0.850.72-0.74-0.12-0.340.40.80.840.560.880.840.480.840.260.590.530.47-0.120.760.97
0.580.820.210.530.61-0.630.5-0.56-0.010.230.790.540.60.450.560.840.820.60.370.850.530.820.190.430.68
0.770.980.120.220.72-0.490.64-0.2-0.120.610.880.350.320.80.420.781.00.320.430.990.470.820.450.670.6
0.530.460.040.280.50.040.560.6-0.020.440.70.23-0.040.620.140.290.44-0.040.520.39-0.120.190.450.090.05
0.710.620.330.150.65-0.550.6-0.43-0.20.230.420.50.370.720.460.650.680.370.080.730.760.430.670.090.72
0.830.590.470.550.87-0.880.82-0.68-0.09-0.240.590.850.880.640.930.940.610.880.380.720.970.680.60.050.72
Click cells to compare fundamentals

Allegro Microsystems Account Relationship Matchups

Allegro Microsystems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets817.8M747.7M892.6M1.2B1.6B1.1B
Short Long Term Debt Total85.7M25M41.5M42.5M275.2M289.0M
Other Current Liab5.3M81.3M70.7M104.6M67.6M72.3M
Total Current Liabilities150.1M116.7M104.2M165.3M117.9M139.0M
Total Stockholder Equity633.2M585.8M734.2M965.6M1.1B850.3M
Net Tangible Assets611.9M529.3M678.2M937.9M1.1B732.0M
Property Plant And Equipment Net332.3M192.4M226.1M280.0M341.5M229.3M
Net Debt(128.8M)(172.2M)(240.9M)(309.0M)53.0M55.7M
Retained Earnings194.4M3.6M123.0M310.3M463.0M486.2M
Accounts Payable20.8M35.4M29.8M56.3M37.6M37.4M
Cash214.5M197.2M282.4M351.6M222.2M250.7M
Non Current Assets Total369.6M317.1M380.9M515.3M1.0B546.2M
Non Currrent Assets Other2.1M14.6M53.2M77.7M51.7M36.9M
Other Assets16.0M41.6M71.2M108.1M124.3M130.5M
Cash And Short Term Investments214.5M197.2M282.4M351.6M222.2M250.7M
Net Receivables92.1M94.8M120.7M130.5M125.2M124.5M
Good Will1.3M20.1M20.0M27.7M202.4M212.5M
Common Stock Shares Outstanding189.4M189.6M191.8M193.7M194.7M210.3M
Liabilities And Stockholders Equity817.8M747.7M892.6M1.2B1.6B1.1B
Non Current Liabilities Total33.6M44.1M53.0M49.0M333.8M350.5M
Inventory127.2M87.5M86.2M151.3M162.3M136.7M
Other Current Assets14.4M51.0M22.4M25.3M62.6M36.0M
Other Stockholder Equity458.7M592.2M627.8M674.2M694.3M640.7M
Total Liab183.7M160.8M157.3M214.3M451.7M243.9M
Net Invested Capital718.9M610.8M759.2M990.6M1.4B934.1M
Property Plant And Equipment Gross332.3M192.4M210.0M280.0M840.1M882.1M
Total Current Assets448.2M430.6M511.7M665.8M572.2M549.2M
Accumulated Other Comprehensive Income(20.0M)(11.9M)(18.4M)(20.8M)(28.8M)(30.3M)
Net Working Capital298.1M313.9M407.5M500.5M454.3M410.2M
Intangible Assets20.0M36.4M36.0M52.4M276.9M290.7M
Property Plant Equipment332.3M192.4M226.1M263.1M236.8M217.8M

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When determining whether Allegro Microsystems is a strong investment it is important to analyze Allegro Microsystems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegro Microsystems' future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegro Microsystems. If investors know Allegro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegro Microsystems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(0.14)
Revenue Per Share
4.423
Quarterly Revenue Growth
(0.32)
Return On Assets
0.0304
The market value of Allegro Microsystems is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro Microsystems' value that differs from its market value or its book value, called intrinsic value, which is Allegro Microsystems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegro Microsystems' market value can be influenced by many factors that don't directly affect Allegro Microsystems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegro Microsystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro Microsystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro Microsystems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.