ALGMAllegro MicroSystems, Inc.

$36.90

Is it safe?

Can ALGM take a bad year?

Allegro MicroSystems, Inc. carries $119M of net debt at 1.65× EBITDA: a load its earnings can carry.

$119M

Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.65×

Net debt / EBITDA · 7.20× a year ago · the load is coming down

Altman Z-score
15.54

Altman Z-score · safe zone, above 3

Interest cover
0.84×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ4 2026
$287M
Cash and short-term investments
$169M
Net debt
$119M
EBITDA, trailing twelve months
$72M
Operating profit, trailing twelve months
$18M
Debt / equity
0.30×
Total debt / EBITDA
3.99×
Annualised volatilitytwo years of daily moves
62%
Worst drawdown on file
−69%
Below its 52-week high
−40%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.