Quick Ratio Analysis of Allegro Microsystems Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Mar-24

3.48


Very Good Quick Ratio
Period Ending - Mar-23
3.11

Very Good Quick Ratio
Growth
11.71 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

3.48


Very Good Quick Ratio
Quick Ratio Analysis of Allegro Microsystems Inc
Quick Ratio of Allegro Microsystems Inc with value of 3.48 indicates company has liquid assets to pay its obligations.
Quick Ratio of Allegro Microsystems Inc with value of 3.48 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of ALGM has grown by 11.71 % Compared to previous Financial Year.
Quick Ratio with value of 4.08 was highest in Year Mar-22 in last Five Years.
Quick Ratio with value of 2.14 was lowest in Year Mar-20 in last Five Years.
Latest Quick Ratio with value of 3.48 is Greater than Average Quick Ratio of 3.15 in last five years.
Other Quick Ratio Related Info of ALGM that may interest you.
Allegro Microsystems Inc Overview
CodePricePrevious PricePrice ChangeSector
ALGM30.1429.77 1.24 % Semiconductors
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
Good Stability
FY - Historical Quick Ratio of Allegro Microsystems Inc
PeriodMar-24Mar-23Mar-22Mar-21Mar-20Mar-19Mar-07
Quick Ratio3.483.114.082.942.142.270
Change11.71 %-23.77 %38.86 %37.51 %-5.94 %
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FY Chart of Quick Ratio of Allegro Microsystems Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)