ALGM
Price:
$21.31
Market Cap:
$3.92B
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, and regulator and LED driver ICs; and photonic and 3D sensing components, including photodiodes, eye-safe lasers, and readout ICs for LiDAR applications. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representati...[Read more]
Industry
Semiconductors
IPO Date
2020-10-29
Stock Exchange
NASDAQ
Ticker
ALGM
According to Allegro MicroSystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.22. This represents a change of -7.68% compared to the average of 4.57 of the last 4 quarters.
The mean historical Current Ratio of Allegro MicroSystems, Inc. over the last ten years is 4.00. The current 4.22 Current Ratio has changed 10.45% with respect to the historical average. Over the past ten years (40 quarters), ALGM's Current Ratio was at its highest in in the September 2023 quarter at 5.33. The Current Ratio was at its lowest in in the June 2019 quarter at 0.
Average
4.00
Median
3.86
Minimum
2.99
Maximum
4.91
Discovering the peaks and valleys of Allegro MicroSystems, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 33.04%
Maximum Annual Current Ratio = 4.91
Minimum Annual Increase = -17.97%
Minimum Annual Current Ratio = 2.99
Year | Current Ratio | Change |
---|---|---|
2024 | 4.85 | 20.50% |
2023 | 4.03 | -17.97% |
2022 | 4.91 | 33.04% |
2021 | 3.69 | 23.59% |
2020 | 2.99 | -15.51% |
The current Current Ratio of Allegro MicroSystems, Inc. (ALGM) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.60
5-year avg
4.09
10-year avg
4.00
Allegro MicroSystems, Inc.’s Current Ratio is less than Synaptics Incorporated (4.49), greater than Microchip Technology Incorporated (0.88), greater than Qorvo, Inc. (1.90), less than Monolithic Power Systems, Inc. (6.42), greater than Lattice Semiconductor Corporation (3.98), greater than ON Semiconductor Corporation (3.07), greater than NXP Semiconductors N.V. (2.35), greater than Analog Devices, Inc. (1.68), greater than Wolfspeed, Inc. (3.14), less than Silicon Laboratories Inc. (5.19), greater than Diodes Incorporated (3.58), less than MACOM Technology Solutions Holdings, Inc. (8.35), less than Power Integrations, Inc. (10.01),
Company | Current Ratio | Market cap |
---|---|---|
4.49 | $3.06B | |
0.88 | $35.81B | |
1.90 | $6.55B | |
6.42 | $28.33B | |
3.98 | $7.48B | |
3.07 | $29.64B | |
2.35 | $57.54B | |
1.68 | $106.54B | |
3.14 | $1.08B | |
5.19 | $3.45B | |
3.58 | $2.84B | |
8.35 | $9.74B | |
10.01 | $3.62B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Allegro MicroSystems, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Allegro MicroSystems, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Allegro MicroSystems, Inc.'s Current Ratio?
How is the Current Ratio calculated for Allegro MicroSystems, Inc. (ALGM)?
What is the highest Current Ratio for Allegro MicroSystems, Inc. (ALGM)?
What is the 3-year average Current Ratio for Allegro MicroSystems, Inc. (ALGM)?
What is the 5-year average Current Ratio for Allegro MicroSystems, Inc. (ALGM)?
How does the current Current Ratio for Allegro MicroSystems, Inc. (ALGM) compare to its historical average?