Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. MicroAlgo's Total Liabilities for the quarter that ended in Dec. 2023 was $12.05 Mil. MicroAlgo's Total Assets for the quarter that ended in Dec. 2023 was $57.96 Mil.
Therefore, MicroAlgo's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.21.
MicroAlgo Liabilities-to-Assets Historical Data
The historical data trend for MicroAlgo's Liabilities-to-Assets 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.
Competitive Comparison of MicroAlgo's Liabilities-to-Assets
For the Software - Infrastructure subindustry, MicroAlgo's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.
MicroAlgo's Liabilities-to-Assets Distribution in the Software Industry
For the Software industry and Technology sector, MicroAlgo's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where MicroAlgo's Liabilities-to-Assets falls into.
MicroAlgo Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
MicroAlgo's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
MicroAlgo Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of MicroAlgo's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MLGO has been successfully added to your