Allegro Tax Provision from 2010 to 2024

ALGM Stock  USD 20.75  0.61  3.03%   
Allegro Microsystems Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about 44 M this year. Tax Provision is the amount set aside by Allegro Microsystems to cover any estimated taxes for the current period. It reflects Allegro Microsystems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-09-30
Previous Quarter
24.3 M
Current Value
M
Quarterly Volatility
9.5 M
 
Covid
Check Allegro Microsystems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegro Microsystems' main balance sheet or income statement drivers, such as Tax Provision of 44 M, Depreciation And Amortization of 62.7 M or Interest Expense of 11.3 M, as well as many indicators such as Price To Sales Ratio of 9.42, Dividend Yield of 0.0668 or PTB Ratio of 9.5. Allegro financial statements analysis is a perfect complement when working with Allegro Microsystems Valuation or Volatility modules.
  
Check out the analysis of Allegro Microsystems Correlation against competitors.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.

Latest Allegro Microsystems' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Allegro Microsystems over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Allegro Microsystems' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegro Microsystems' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Allegro Tax Provision Regression Statistics

Arithmetic Mean17,265,163
Coefficient Of Variation81.94
Mean Deviation8,252,773
Median14,600,000
Standard Deviation14,146,506
Sample Variance200.1T
Range63.6M
R-Value0.39
Mean Square Error183.2T
R-Squared0.15
Significance0.15
Slope1,224,997
Total Sum of Squares2801.7T

Allegro Tax Provision History

202444 M
202341.9 M
202223.9 M
202121.2 M
2020-19.6 M
201916.2 M

About Allegro Microsystems Financial Statements

Allegro Microsystems investors utilize fundamental indicators, such as Tax Provision, to predict how Allegro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision41.9 M44 M

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When determining whether Allegro Microsystems is a strong investment it is important to analyze Allegro Microsystems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegro Microsystems' future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports:
Check out the analysis of Allegro Microsystems Correlation against competitors.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.