GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Allegro Microsystems Inc (NAS:ALGM) » Definitions » Debt-to-EBITDA

Allegro Microsystems (Allegro Microsystems) Debt-to-EBITDA : 1.14 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Allegro Microsystems Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Allegro Microsystems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9 Mil. Allegro Microsystems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $267 Mil. Allegro Microsystems's annualized EBITDA for the quarter that ended in Dec. 2023 was $242 Mil. Allegro Microsystems's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.14.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Allegro Microsystems's Debt-to-EBITDA or its related term are showing as below:

ALGM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.16   Med: 0.27   Max: 0.88
Current: 0.88

During the past 5 years, the highest Debt-to-EBITDA Ratio of Allegro Microsystems was 0.88. The lowest was 0.16. And the median was 0.27.

ALGM's Debt-to-EBITDA is ranked better than
61.67% of 707 companies
in the Semiconductors industry
Industry Median: 1.59 vs ALGM: 0.88

Allegro Microsystems Debt-to-EBITDA Historical Data

The historical data trend for Allegro Microsystems's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegro Microsystems Debt-to-EBITDA Chart

Allegro Microsystems Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
0.27 0.73 0.49 0.22 0.16

Allegro Microsystems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.14 0.13 1.14

Competitive Comparison of Allegro Microsystems's Debt-to-EBITDA

For the Semiconductors subindustry, Allegro Microsystems's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allegro Microsystems's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Allegro Microsystems's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Allegro Microsystems's Debt-to-EBITDA falls into.



Allegro Microsystems Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Allegro Microsystems's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.493 + 38.048) / 264.49
=0.16

Allegro Microsystems's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.445 + 266.785) / 241.68
=1.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Allegro Microsystems  (NAS:ALGM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Allegro Microsystems Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Allegro Microsystems's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Allegro Microsystems (Allegro Microsystems) Business Description

Traded in Other Exchanges
Address
955 Perimeter Road, Manchester, NH, USA, 03103
Allegro Microsystems Inc is a designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the critical emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor IC allow customers to precisely measure motion, speed, position and current. At the same time, its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE which include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE which include Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC and Stepper Driver.
Executives
Vineet A Nargolwala director, officer: President and CEO 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio officer: SVP, CFO & Treasurer C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin director
Michael Doogue officer: SVP, CTO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Suman Narayan officer: SVP, Products 955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky officer: SVP, GC and Secretary C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster officer: VP, Chief Accounting Officer 955 PERIMETER RD, MANCHESTER NH 03103
Richard R. Lury director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Susan D Lynch director 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Max R. Glover officer: SVP of Worldwide Sales C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Oep Skna, L.p. 10 percent owner 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente officer: SVP, CHRO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima director 955 PERIMETER ROAD, MANCHESTER NH 03103
Kojiro Hatano director 955 PERIMETER ROAD, MANCHESTER NH 03103