Allegro MicroSystems Inc
5.14 %
-28.96 %
Yet to be announced
Company Overview
Allegro MicroSystems Inc is a semiconductor company that specializes in power and sensing solutions. The company designs, develops, manufactures, and markets sensors and power semiconductor products for motion control and energy-efficient systems in automotive and industrial markets. Their primary products include magnetic sensors, power integrated circuits (ICs), and photonic and 3D sensing technologies.
Revenue Sources
PassBased on SEC filings and company reports, Allegro MicroSystems generates revenue primarily from the sale of semiconductor products and solutions for automotive and industrial applications. These products and services are halal in nature as they involve the exchange of tangible goods and services that create real value. There is no evidence of revenue from gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 27, 2024 | $177.87m | $185.68m | - | $7.76m | 0.00% | 4.18% |
| Sept. 27, 2024 | $187.39m | $193.68m | - | $10.35m | 0.00% | 5.35% |
| June 28, 2024 | $166.92m | $182.93m | - | $5.38m | 0.00% | 2.94% |
| March 29, 2024 | $240.58m | $230.07m | - | $5.38m | 0.00% | 2.34% |
Analyzing the last four quarters of financial data: The company's interest expenses relative to total expenses have remained consistently below the 5% threshold that would indicate material reliance on interest. Even in the most recent quarter with higher interest expense, the ratio remains well within acceptable limits for halal compliance.
Operational Ethics
PassBased on available information from SEC filings and company disclosures, there is no evidence of significant ongoing relationships with entities involved in human rights violations. The company's primary operations are in the United States, Philippines, and Thailand, with no indication of material ties to Israel or direct involvement with the Chinese Communist Party.
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