MicroAlgo Balance Sheet Health

Financial Health criteria checks 5/6

MicroAlgo has a total shareholder equity of CN¥551.2M and total debt of CN¥163.6M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are CN¥766.8M and CN¥215.6M respectively.

Key information

29.7%

Debt to equity ratio

CN¥163.60m

Debt

Interest coverage ration/a
CashCN¥475.15m
EquityCN¥551.17m
Total liabilitiesCN¥215.61m
Total assetsCN¥766.79m

Recent financial health updates

No updates

Recent updates

Investors Give MicroAlgo Inc. (NASDAQ:MLGO) Shares A 42% Hiding

Jul 19
Investors Give MicroAlgo Inc. (NASDAQ:MLGO) Shares A 42% Hiding

Slammed 30% MicroAlgo Inc. (NASDAQ:MLGO) Screens Well Here But There Might Be A Catch

May 31
Slammed 30% MicroAlgo Inc. (NASDAQ:MLGO) Screens Well Here But There Might Be A Catch

MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Jan 09
MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Financial Position Analysis

Short Term Liabilities: MLGO's short term assets (CN¥764.9M) exceed its short term liabilities (CN¥215.2M).

Long Term Liabilities: MLGO's short term assets (CN¥764.9M) exceed its long term liabilities (CN¥403.3K).


Debt to Equity History and Analysis

Debt Level: MLGO has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MLGO's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MLGO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: MLGO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 60% each year


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