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 ratio | n/a |
| Cash | CN¥475.15m |
| Equity | CN¥551.17m |
| Total liabilities | CN¥215.61m |
| Total assets | CN¥766.79m |
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