Allegro Current Deferred Revenue vs Total Current Liabilities Analysis
ALGM Stock | USD 21.96 0.92 4.37% |
Allegro Microsystems financial indicator trend analysis is way more than just evaluating Allegro Microsystems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegro Microsystems is a good investment. Please check the relationship between Allegro Microsystems Current Deferred Revenue and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied 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 Microsystems guide.
Current Deferred Revenue vs Total Current Liabilities
Current Deferred Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegro Microsystems Current Deferred Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Allegro Microsystems' Current Deferred Revenue and Total Current Liabilities is 0.52. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Allegro Microsystems, assuming nothing else is changed. The correlation between historical values of Allegro Microsystems' Current Deferred Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Allegro Microsystems are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Current Deferred Revenue i.e., Allegro Microsystems' Current Deferred Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Current Liabilities
Total Current Liabilities is an item on Allegro Microsystems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Allegro Microsystems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Allegro Microsystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegro Microsystems 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 Microsystems. Also, note that the market value of any company could be closely tied 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 Microsystems guide.At this time, Allegro Microsystems' Tax Provision is very stable compared to the past year. As of the 12th of December 2024, Enterprise Value Over EBITDA is likely to grow to 33.52, while Selling General Administrative is likely to drop about 166.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1M | 2.3M | 10.8M | 11.3M | Depreciation And Amortization | 48.5M | 50.8M | 71.4M | 62.7M |
Allegro Microsystems fundamental ratios Correlations
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Allegro Microsystems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allegro Microsystems 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 | 275.2M | 289.0M | |
Other Current Liab | 5.3M | 80.8M | 65.1M | 94.5M | 62.4M | 68.4M | |
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 | 341.5M | 229.3M | |
Net Debt | (128.8M) | (172.2M) | (240.9M) | (309.0M) | 63.1M | 66.2M | |
Retained Earnings | 194.4M | 3.6M | 123.0M | 310.3M | 463.0M | 486.2M | |
Accounts Payable | 20.8M | 35.4M | 29.8M | 56.3M | 37.6M | 37.4M | |
Cash | 214.5M | 197.2M | 282.4M | 351.6M | 212.1M | 248.9M | |
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 | 56.3M | 37.8M | |
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 | 212.1M | 248.9M | |
Net Receivables | 92.1M | 94.8M | 120.7M | 130.5M | 125.2M | 124.5M | |
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 | 32.5M | 72.6M | 39.1M | |
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 | 1.4B | 934.1M | |
Property Plant And Equipment Gross | 332.3M | 192.4M | 210.0M | 280.0M | 840.1M | 882.1M | |
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 | 454.3M | 410.2M | |
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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Is Semiconductors & Semiconductor Equipment space 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 Microsystems. 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 Microsystems 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 (0.14) | Revenue Per Share 4.423 | Quarterly Revenue Growth (0.32) | Return On Assets 0.0304 |
The market value of Allegro Microsystems 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 Microsystems' value that differs from its market value or its book value, called intrinsic value, which is Allegro Microsystems' 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 Microsystems' market value can be influenced by many factors that don't directly affect Allegro Microsystems' 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 Microsystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro Microsystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro Microsystems' 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.