MicroAlgo (MLGO) Debt Ratio (2020 - 2024)

MicroAlgo (MLGO) posted Debt Ratio of 0.02 for Q2 2024, down 30.29% quarter-over-quarter from 0.03 in Q4 2023, and up 973.63% year-on-year from 0.0 in Q3 2023.

MicroAlgo (MLGO) Debt Ratio (2020 - 2024) Analysis & Trends

MicroAlgo (MLGO) has reported Debt Ratio for 5 consecutive years, with 0.02 the latest figure, recorded in Q2 2024.

  • Debt Ratio for Q2 2024 came in at 0.02, up 973.63% year-over-year; the trailing twelve-month figure through Jun 2024 was 0.02 (up 973.63% YoY), and the FY2023 annual result was 3.66, up 165686.28% from the prior year.
  • Debt Ratio was 0.02 for Q2 2024 at MicroAlgo, down from 0.03 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.14 in Q4 2020 and troughed at 0.0 in Q4 2022.
  • Average Debt Ratio over 5 years is 0.03, with a median of 0.01 recorded in 2022.
  • Year-over-year, Debt Ratio tumbled 96.72% in 2021 and soared 1446.03% in 2023.
  • Over 5 years, Debt Ratio stood at 0.14 in 2020, then sank by 96.72% to 0.0 in 2021, then plunged by 53.51% to 0.0 in 2022, then jumped by 1446.03% to 0.03 in 2023, then slumped by 30.29% to 0.02 in 2024.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.02 in Q2 2024, 0.03 in Q4 2023, and 0.0 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.06
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.47
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.07
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.05
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.21
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.21
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.05
10 MicroAlgo 32.25 Mn -297.09 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.02
Dec 31, 2023 0.03
Jun 30, 2023 0.00
Dec 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.01
Dec 31, 2020 0.14