Allegro Long Term Debt vs Common Stock Shares Outstanding Analysis

ALGM Stock

USD 28.77 1.28 4.26%

Allegro MicrosystemsInc financial indicator trend analysis is way more than just evaluating Allegro MicrosystemsInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegro MicrosystemsInc is a good investment. Please check the relationship between Allegro MicrosystemsInc Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegro MicrosystemsInc Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Allegro MicrosystemsInc's Long Term Debt and Common Stock Shares Outstanding is -0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Allegro MicrosystemsInc, assuming nothing else is changed. The correlation between historical values of Allegro MicrosystemsInc's Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Allegro MicrosystemsInc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Allegro MicrosystemsInc's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Allegro MicrosystemsInc has held for over one year. Long-term debt appears on Allegro MicrosystemsInc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Allegro MicrosystemsInc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Allegro MicrosystemsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegro MicrosystemsInc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.As of the 22nd of May 2024, Tax Provision is likely to grow to about 28.8 M, while Selling General Administrative is likely to drop about 157.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.1M	2.3M	1.4M	1.6M
Depreciation And Amortization	45.1M	49.9M	71.4M	61.9M

Interest Expense Depreciation And Amortization

Allegro MicrosystemsInc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.77	0.38	0.51	0.99	-0.73	0.98	-0.28	0.69	0.04	0.84	0.67	0.67	0.94	0.88	0.89	-0.56	0.67	0.46	0.82	0.74	0.59	0.76	0.53	0.71	0.84
Short Long Term Debt Total	0.77		0.06	0.34	0.73	-0.57	0.65	-0.25	0.59	0.52	0.9	0.29	0.38	0.79	0.52	0.77	-0.65	0.38	0.27	0.97	0.44	0.82	0.98	0.46	0.63	0.59
Other Current Liab	0.38	0.06		0.02	0.43	-0.1	0.41	-0.37	0.12	-0.23	0.2	0.72	0.3	0.29	0.56	0.52	0.27	0.3	0.67	0.26	0.56	0.25	0.23	0.11	0.42	0.54
Total Current Liabilities	0.51	0.34	0.02		0.56	-0.72	0.54	-0.38	0.71	-0.42	0.5	0.7	0.79	0.26	0.56	0.57	-0.75	0.79	0.01	0.34	0.45	0.53	0.21	0.28	0.14	0.55
Total Stockholder Equity	0.99	0.73	0.43	0.56		-0.76	0.99	-0.33	0.72	-0.06	0.83	0.74	0.74	0.89	0.93	0.92	-0.57	0.74	0.51	0.79	0.78	0.61	0.71	0.5	0.66	0.87
Other Liab	-0.73	-0.57	-0.1	-0.72	-0.76		-0.71	0.71	-0.99	0.37	-0.52	-0.65	-0.93	-0.52	-0.81	-0.8	0.89	-0.93	-0.01	-0.62	-0.85	-0.63	-0.47	0.04	-0.55	-0.88
Net Tangible Assets	0.98	0.65	0.41	0.54	0.99	-0.71		-0.22	0.65	-0.09	0.79	0.72	0.69	0.9	0.91	0.86	-0.5	0.69	0.52	0.71	0.72	0.5	0.64	0.56	0.62	0.82
Property Plant And Equipment Net	-0.28	-0.25	-0.37	-0.38	-0.33	0.71	-0.22		-0.78	0.43	-0.09	-0.58	-0.72	-0.04	-0.54	-0.6	0.55	-0.72	0.07	-0.4	-0.79	-0.59	-0.27	0.55	-0.49	-0.74
Current Deferred Revenue	0.69	0.59	0.12	0.71	0.72	-0.99	0.65	-0.78		-0.32	0.5	0.65	0.9	0.48	0.77	0.8	-0.9	0.9	-0.05	0.65	0.85	0.68	0.51	-0.09	0.6	0.88
Net Debt	0.04	0.52	-0.23	-0.42	-0.06	0.37	-0.09	0.43	-0.32		0.36	-0.5	-0.59	0.32	-0.36	-0.07	0.12	-0.59	0.05	0.42	-0.4	0.18	0.56	0.43	0.19	-0.31
Retained Earnings	0.84	0.9	0.2	0.5	0.83	-0.52	0.79	-0.09	0.5	0.36		0.48	0.46	0.81	0.64	0.81	-0.54	0.46	0.55	0.88	0.4	0.79	0.88	0.7	0.44	0.59
Accounts Payable	0.67	0.29	0.72	0.7	0.74	-0.65	0.72	-0.58	0.65	-0.5	0.48		0.82	0.43	0.85	0.8	-0.38	0.82	0.45	0.44	0.79	0.53	0.32	0.21	0.47	0.84
Cash	0.67	0.38	0.3	0.79	0.74	-0.93	0.69	-0.72	0.9	-0.59	0.46	0.82		0.38	0.87	0.8	-0.74	1.0	0.21	0.46	0.84	0.6	0.31	-0.04	0.37	0.88
Non Current Assets Total	0.94	0.79	0.29	0.26	0.89	-0.52	0.9	-0.04	0.48	0.32	0.81	0.43	0.38		0.7	0.74	-0.39	0.38	0.43	0.81	0.56	0.45	0.8	0.63	0.73	0.65
Non Currrent Assets Other	0.88	0.52	0.56	0.56	0.93	-0.81	0.91	-0.54	0.77	-0.36	0.64	0.85	0.87	0.7		0.92	-0.52	0.87	0.53	0.63	0.89	0.58	0.52	0.23	0.57	0.95
Other Assets	0.89	0.77	0.52	0.57	0.92	-0.8	0.86	-0.6	0.8	-0.07	0.81	0.8	0.8	0.74	0.92		-0.62	0.8	0.51	0.86	0.84	0.84	0.78	0.29	0.66	0.94
Long Term Debt	-0.56	-0.65	0.27	-0.75	-0.57	0.89	-0.5	0.55	-0.9	0.12	-0.54	-0.38	-0.74	-0.39	-0.52	-0.62		-0.74	0.24	-0.61	-0.55	-0.67	-0.5	-0.02	-0.4	-0.62
Cash And Short Term Investments	0.67	0.38	0.3	0.79	0.74	-0.93	0.69	-0.72	0.9	-0.59	0.46	0.82	1.0	0.38	0.87	0.8	-0.74		0.21	0.46	0.84	0.6	0.31	-0.04	0.37	0.88
Net Receivables	0.46	0.27	0.67	0.01	0.51	-0.01	0.52	0.07	-0.05	0.05	0.55	0.45	0.21	0.43	0.53	0.51	0.24	0.21		0.35	0.23	0.35	0.39	0.49	0.04	0.35
Good Will	0.82	0.97	0.26	0.34	0.79	-0.62	0.71	-0.4	0.65	0.42	0.88	0.44	0.46	0.81	0.63	0.86	-0.61	0.46	0.35		0.59	0.85	0.98	0.39	0.74	0.72
Common Stock Total Equity	0.74	0.44	0.56	0.45	0.78	-0.85	0.72	-0.79	0.85	-0.4	0.4	0.79	0.84	0.56	0.89	0.84	-0.55	0.84	0.23	0.59		0.53	0.46	-0.12	0.75	0.97
Common Stock Shares Outstanding	0.59	0.82	0.25	0.53	0.61	-0.63	0.5	-0.59	0.68	0.18	0.79	0.53	0.6	0.45	0.58	0.84	-0.67	0.6	0.35	0.85	0.53		0.81	0.19	0.43	0.68
Non Current Liabilities Total	0.76	0.98	0.23	0.21	0.71	-0.47	0.64	-0.27	0.51	0.56	0.88	0.32	0.31	0.8	0.52	0.78	-0.5	0.31	0.39	0.98	0.46	0.81		0.45	0.68	0.6
Inventory	0.53	0.46	0.11	0.28	0.5	0.04	0.56	0.55	-0.09	0.43	0.7	0.21	-0.04	0.63	0.23	0.29	-0.02	-0.04	0.49	0.39	-0.12	0.19	0.45		0.11	0.05
Other Current Assets	0.71	0.63	0.42	0.14	0.66	-0.55	0.62	-0.49	0.6	0.19	0.44	0.47	0.37	0.73	0.57	0.66	-0.4	0.37	0.04	0.74	0.75	0.43	0.68	0.11		0.72
Other Stockholder Equity	0.84	0.59	0.54	0.55	0.87	-0.88	0.82	-0.74	0.88	-0.31	0.59	0.84	0.88	0.65	0.95	0.94	-0.62	0.88	0.35	0.72	0.97	0.68	0.6	0.05	0.72

Click cells to compare fundamentals

Allegro MicrosystemsInc Account Relationship Matchups

Allegro MicrosystemsInc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	817.8M	747.7M	892.6M	1.2B	1.5B	1.1B
Short Long Term Debt Total	85.7M	25M	41.5M	42.5M	253.5M	266.2M
Other Current Liab	5.3M	81.3M	70.7M	104.6M	78.0M	74.2M
Total Current Liabilities	150.1M	116.7M	104.2M	165.3M	117.9M	139.0M
Total Stockholder Equity	633.2M	585.8M	734.2M	965.6M	1.1B	850.3M
Net Tangible Assets	611.9M	529.3M	678.2M	937.9M	1.1B	732.0M
Property Plant And Equipment Net	332.3M	192.4M	226.1M	280.0M	321.2M	226.6M
Net Debt	(128.8M)	(172.2M)	(240.9M)	(309.0M)	31.4M	32.9M
Retained Earnings	194.4M	3.6M	123.0M	310.3M	463.0M	486.2M
Accounts Payable	20.8M	35.4M	29.8M	56.3M	36.0M	37.1M
Cash	214.5M	197.2M	282.4M	351.6M	222.2M	250.7M
Non Current Assets Total	369.6M	317.1M	380.9M	515.3M	958.4M	536.5M
Non Currrent Assets Other	2.1M	14.6M	53.2M	77.7M	72.0M	40.7M
Other Assets	16.0M	41.6M	71.2M	108.1M	124.3M	130.5M
Cash And Short Term Investments	214.5M	197.2M	282.4M	351.6M	222.2M	250.7M
Net Receivables	92.1M	94.8M	120.7M	130.5M	122.5M	124.0M
Good Will	1.3M	20.1M	20.0M	27.7M	202.4M	212.5M
Common Stock Shares Outstanding	189.4M	189.6M	191.8M	193.7M	194.7M	210.3M
Liabilities And Stockholders Equity	817.8M	747.7M	892.6M	1.2B	1.5B	1.1B
Non Current Liabilities Total	33.6M	44.1M	53.0M	49.0M	281.0M	295.0M
Inventory	127.2M	87.5M	86.2M	151.3M	162.3M	136.7M
Other Current Assets	14.4M	51.0M	22.4M	25.3M	65.3M	36.5M
Other Stockholder Equity	458.7M	592.2M	627.8M	674.2M	694.3M	640.7M
Total Liab	183.7M	160.8M	157.3M	214.3M	398.9M	234.2M
Net Invested Capital	718.9M	610.8M	759.2M	990.6M	1.1B	816.5M
Property Plant And Equipment Gross	332.3M	192.4M	210.0M	280.0M	252.0M	217.9M
Total Current Assets	448.2M	430.6M	511.7M	665.8M	572.2M	549.2M
Accumulated Other Comprehensive Income	(20.0M)	(11.9M)	(18.4M)	(20.8M)	(28.8M)	(30.3M)
Net Working Capital	298.1M	313.9M	407.5M	500.5M	575.6M	392.3M
Intangible Assets	20.0M	36.4M	36.0M	52.4M	276.9M	290.7M
Property Plant Equipment	332.3M	192.4M	226.1M	263.1M	236.8M	217.8M

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When determining whether Allegro MicrosystemsInc is a strong investment it is important to analyze Allegro MicrosystemsInc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegro MicrosystemsInc's future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports:

How To Invest In Allegro

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Is Allegro Stock a good investment?

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What is Allegro MicrosystemsInc's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.

Note that the Allegro MicrosystemsInc information on this page should be used as a complementary analysis to other Allegro MicrosystemsInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Allegro MicrosystemsInc's price analysis, check to measure Allegro MicrosystemsInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegro MicrosystemsInc is operating at the current time. Most of Allegro MicrosystemsInc's value examination focuses on studying past and present price action to predict the probability of Allegro MicrosystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegro MicrosystemsInc's price. Additionally, you may evaluate how the addition of Allegro MicrosystemsInc to your portfolios can decrease your overall portfolio volatility.

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Is Allegro MicrosystemsInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegro MicrosystemsInc. If investors know Allegro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegro MicrosystemsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.48)

Earnings Share

0.78

Revenue Per Share

5.449

Quarterly Revenue Growth

(0.11)

Return On Assets

0.1112

The market value of Allegro MicrosystemsInc is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro MicrosystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Allegro MicrosystemsInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegro MicrosystemsInc's market value can be influenced by many factors that don't directly affect Allegro MicrosystemsInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Allegro MicrosystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro MicrosystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro MicrosystemsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Allegro Long Term Debt vs Common Stock Shares Outstanding Analysis

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock Shares Outstanding

Allegro MicrosystemsInc fundamental ratios Correlations

Allegro MicrosystemsInc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allegro MicrosystemsInc fundamental ratios Accounts

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Build Optimal Portfolios

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Complementary Tools for Allegro Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Good Will

Current Deferred Revenue	- 0.99	Other Liab
Cash And Short Term Investments	- 0.93	Other Liab
Cash	- 0.93	Other Liab
Long Term Debt	- 0.9	Current Deferred Revenue
Other Stockholder Equity	- 0.88	Other Liab
Common Stock Total Equity	- 0.85	Other Liab