MicroCloud Hologram (MicroCloud Hologram) Debt-to-Equity : 0.02 (As of Jun. 2023)

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What is MicroCloud Hologram Debt-to-Equity?

MicroCloud Hologram's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.21 Mil. MicroCloud Hologram's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.26 Mil. MicroCloud Hologram's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $23.88 Mil. MicroCloud Hologram's debt to equity for the quarter that ended in Jun. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for MicroCloud Hologram's Debt-to-Equity or its related term are showing as below:

HOLO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 1.09
Current: 0.04

During the past 5 years, the highest Debt-to-Equity Ratio of MicroCloud Hologram was 1.09. The lowest was 0.02. And the median was 0.04.

HOLO's Debt-to-Equity is ranked better than
86.68% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs HOLO: 0.04

MicroCloud Hologram Debt-to-Equity Historical Data

The historical data trend for MicroCloud Hologram's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MicroCloud Hologram Debt-to-Equity Chart

MicroCloud Hologram Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.09

0.02

0.04

MicroCloud Hologram Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.03	0.02	0.02	0.02	0.04

Competitive Comparison of MicroCloud Hologram's Debt-to-Equity

For the Electronic Components subindustry, MicroCloud Hologram's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MicroCloud Hologram's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MicroCloud Hologram's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MicroCloud Hologram's Debt-to-Equity falls into.

MicroCloud Hologram Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MicroCloud Hologram's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.556	+	0.288)	/	19.764
	=	0.04

MicroCloud Hologram's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.214	+	0.26)	/	23.878
	=	0.02

MicroCloud Hologram (NAS:HOLO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

MicroCloud Hologram Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of MicroCloud Hologram's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

MicroCloud Hologram (MicroCloud Hologram) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MicroCloud Hologram Inc (NAS:HOLO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000

Website

MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.

Executives

Belief Bi	director	ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang	director	ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang	director, officer: CEO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng	director, 10 percent owner	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd	10 percent owner	SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen	officer: CFO	GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou	director	GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd	10 percent owner	SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin	director	GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou	officer: CTO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi	officer: COO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp	10 percent owner	WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang	director	100 PARK AVENUE, NEW YORK NY 10017
Hai Lin	director	100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng	director, officer: Chief Executive Officer	100 PARK AVENUE, NEW YORK NY 10017