Allegro MicroSystems (ALGM)

Net assets on the balance sheet as of June 2024 : A$1.68 Billion

According to Allegro MicroSystems's latest financial reports the company has A$1.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Allegro MicroSystems - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$1.43 B	46.86%
2022-03-31	$A$0.98 B	27.07%
2021-03-31	$A$0.77 B	-24.97%
2020-03-31	$A$1.02 B	23.5%
2019-03-31	$A$0.83 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	A$2.14 B	27.35%	🇺🇸 USA
Power Integrations POWI	A$1.10 B	-34.16%	🇺🇸 USA
PDF Solutions PDFS	A$0.35 B	-79.08%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Allegro MicroSystems (ALGM) - Net assets

Net assets on the balance sheet as of June 2024 : A$1.68 Billion