Allegro MicroSystems (ALGM)

Net assets on the balance sheet as of June 2024 : NZ$1.85 Billion

According to Allegro MicroSystems's latest financial reports the company has NZ$1.85 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	$NZ$1.54 B	46.17%
2022-03-31	$NZ$1.05 B	25.69%
2021-03-31	$NZ$0.83 B	-20.46%
2020-03-31	$NZ$1.05 B	21.69%
2019-03-31	$NZ$0.86 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	NZ$2.36 B	27.35%	🇺🇸 USA
Power Integrations POWI	NZ$1.22 B	-34.16%	🇺🇸 USA
PDF Solutions PDFS	NZ$0.38 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 : NZ$1.85 Billion