Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc.verified

ALGM

Price:

$21.27

Market Cap:

$3.91B

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

The Current Ratio as of September 2024 (TTM) for Allegro MicroSystems, Inc. (ALGM) is 4.65

According to Allegro MicroSystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.65. This represents a change of -4.20% compared to the average of 4.85 of the last 4 quarters.

Allegro MicroSystems, Inc. (ALGM) Historical Current Ratio (quarterly & annually)

How has ALGM Current Ratio performed in the past?

The mean historical Current Ratio of Allegro MicroSystems, Inc. over the last ten years is 4.00. The current 4.65 Current Ratio has changed 11.51% 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.

Quarterly (TTM)
Annual

Average

4.00

Median

3.86

Minimum

2.99

Maximum

4.91

Allegro MicroSystems, Inc. (ALGM) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.8520.50%
20234.03-17.97%
20224.9133.04%
20213.6923.59%
20202.99-15.51%

Allegro MicroSystems, Inc. (ALGM) Average Current Ratio

How has ALGM Current Ratio performed in the past?

The current Current Ratio of Allegro MicroSystems, Inc. (ALGM) is greater 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. (ALGM) Current Ratio vs. Peers

How is ALGM’s Current Ratio compared to its peers?

Allegro MicroSystems, Inc.’s Current Ratio is greater than Synaptics Incorporated (4.19), greater than Microchip Technology Incorporated (1.94), greater than Qorvo, Inc. (1.95), less than Monolithic Power Systems, Inc. (6.77), greater than Lattice Semiconductor Corporation (4.40), greater than ON Semiconductor Corporation (3.01), greater than NXP Semiconductors N.V. (2.21), greater than Analog Devices, Inc. (1.68), greater than Wolfspeed, Inc. (4.51), less than Silicon Laboratories Inc. (5.99), greater than Diodes Incorporated (3.38), less than MACOM Technology Solutions Holdings, Inc. (8.18), less than Power Integrations, Inc. (9.95),

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