MicroAlgo Inc (MLGO)
0.1922
0.00 (0.00%)
USD |
NASDAQ |
Nov 14, 12:13
MicroAlgo Debt to Equity Ratio: 0.3021 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.3021 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2021
0.3021
Maximum
Jun 2024
0.151
Average
0.151
Median
Debt to Equity Ratio Benchmarks
| MicroCloud Hologram Inc | 0.0503 |
| VNET Group Inc | 1.685 |
| GDS Holdings Ltd | 2.069 |
| 9F Inc | 0.00 |
| Global Mofy AI Ltd | 0.05 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 107.59M |
| Total Liabilities (Quarterly) | 30.25M |
| Shareholders Equity (Quarterly) | 75.97M |
| Current Ratio | 3.554 |
| Net Debt Paydown Yield | -2.70% |