Allegro Microsystems Inc (ALGM)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 23, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 495,627 | 523,560 | 490,283 | 572,213 | 549,496 | 714,896 | 700,304 | 665,829 | 619,952 | 545,485 | 529,034 | 511,692 | 469,192 | 445,914 | 452,527 |
| Total current liabilities | US$ in thousands | 100,912 | 124,008 | 105,537 | 117,908 | 120,187 | 134,241 | 153,545 | 165,325 | 137,228 | 112,754 | 111,804 | 104,223 | 100,841 | 88,416 | 119,033 |
| Current ratio | 4.91 | 4.22 | 4.65 | 4.85 | 4.57 | 5.33 | 4.56 | 4.03 | 4.52 | 4.84 | 4.73 | 4.91 | 4.65 | 5.04 | 3.80 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $495,627K ÷ $100,912K
= 4.91
The current ratio of Allegro Microsystems Inc has shown a consistent trend over the period analyzed. The ratio has ranged between 3.80 and 5.33, indicating that the company has maintained a strong liquidity position throughout the periods under review. A higher current ratio suggests that Allegro Microsystems Inc has more than enough current assets to cover its current liabilities, implying a good ability to meet its short-term obligations. The slight fluctuations in the current ratio may reflect changes in the company's operating cycle or management of working capital. Overall, the current ratio of Allegro Microsystems Inc demonstrates a healthy financial position in terms of liquidity.
Peer comparison
Dec 31, 2024