MicroAlgo Balance Sheet Health
Financial Health criteria checks 3/6
MicroAlgo has a total shareholder equity of CN¥325.2M and total debt of CN¥13.5M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥410.5M and CN¥85.3M respectively.
Key information
4.2%
Debt to equity ratio
CN¥13.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥335.62m |
| Equity | CN¥325.20m |
| Total liabilities | CN¥85.32m |
| Total assets | CN¥410.52m |
Financial Position Analysis
Short Term Liabilities: MLGO's short term assets (CN¥408.3M) exceed its short term liabilities (CN¥85.3M).
Long Term Liabilities: MLGO has no long term liabilities.
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.
Debt Coverage: MLGO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MLGO's interest payments on its debt are well covered by EBIT.