Allegro Microsystems Inc (ALGM)
Financial leverage 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Total stockholders’ equity | US$ in thousands | 931,100 | 934,426 | 937,314 | 1,108,580 | 1,130,440 | 1,134,230 | 1,097,090 | 1,026,580 | 965,628 | 893,379 | 893,379 | 814,786 | 814,786 | 762,236 | 734,207 | 694,669 | 655,423 | 618,252 | 585,752 | 575,831 |
Financial leverage ratio | 1.53 | 1.54 | 1.59 | 1.31 | 1.40 | 1.38 | 1.17 | 1.20 | 1.22 | 1.21 | 1.21 | 1.20 | 1.20 | 1.21 | 1.22 | 1.23 | 1.23 | 1.29 | 1.28 | 1.24 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,420,960K ÷ $931,100K
= 1.53
The financial leverage ratio of Allegro Microsystems Inc has shown fluctuations over the past few years. The ratio indicates the proportion of the company's total debt to its total equity, reflecting the degree of financial leverage used by the company.
From December 31, 2020, to September 30, 2022, the financial leverage ratio remained relatively stable, fluctuating between 1.20 and 1.29. This suggests that the company was maintaining a balanced mix of debt and equity in its capital structure during this period.
However, from December 23, 2022, to September 30, 2024, there was a noticeable increase in the financial leverage ratio, peaking at 1.59 on September 30, 2024. This increase indicates that the company might have taken on more debt relative to its equity during this period, potentially increasing its financial risk.
By December 31, 2024, the financial leverage ratio had decreased to 1.54, showing a slight improvement in the company's leverage position. The ratio continued to decline in the following quarters, reaching 1.53 by March 31, 2025.
Overall, the trend in Allegro Microsystems Inc's financial leverage ratio indicates variability in the company's capital structure and leverage decisions. It is important for investors and stakeholders to monitor this ratio to assess the company's risk profile and financial strength.
Peer comparison
Mar 31, 2025