Allegro Microsystems Inc (ALGM)
Debt-to-assets ratio
| Mar 31, 2025 | 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 31, 2022 | Dec 23, 2022 | Sep 30, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 25,000 | — | 25,000 | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,420,960 | 1,441,740 | 1,492,120 | 1,448,890 | 1,583,390 | 1,565,300 | 1,284,940 | 1,234,090 | 1,181,160 | 1,084,060 | 1,084,060 | 979,802 | 979,802 | 926,113 | 892,620 | 851,417 | 803,251 | 796,887 | 747,678 | 711,898 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,420,960K
= 0.00
Allegro Microsystems Inc's debt-to-assets ratio has remained consistently low over the reporting periods, indicating a strong financial position with minimal reliance on debt to finance its operations and investments. The ratio for most periods is at 0.00, suggesting that the company's total debt is negligible compared to its total assets.
There are slight deviations in the most recent periods, with a ratio of 0.03 as of September 23, 2022, and 0.02 as of December 23, 2022. However, these ratios are still relatively low and may not pose significant concerns regarding the company's ability to meet its debt obligations.
Overall, the trend of consistently low debt-to-assets ratios indicates that Allegro Microsystems Inc has a conservative approach to leverage and is likely managing its debt levels prudently to maintain financial stability and flexibility.
Peer comparison
Mar 31, 2025