The company maintains a conservative capital structure with a negligible debt-to-equity ratio of 0.01 and an exceptionally high current ratio of 33.05 as of 2025Q2.
| Total Current Assets | 330.28M | 350.15M | 175.92M | 57.65M | 55.21M | 54.01M | 46.6M | 428.31K |
| Cash & Short-Term Investments | 319.14M | 336.77M | 164.92M | 47.39M | 42.75M | 42.73M | 37.06M | 428.31K |
| Cash Only | 253.13M | 174.85M | 144.11M | 44.79M | 42.75M | 42.73M | 37.06M | 428.31K |
| Short-Term Investments | 66.01M | 161.92M | 20.81M | 2.6M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.28M | 6.2M | 3.3M | 3.25M | 2.6M | 3.19M | 8M | 1.6M |
| Days Sales Outstanding | 19.69 | 37.7 | 16.23 | 14.51 | 11.18 | 14.21 | 61.92 | 36.47 |
| Inventory | 0 | 0 | 0 | 349 | 130.52K | 823.84K | 145.4K | 0 |
| Days Inventory Outstanding | - | - | - | 0 | 0.72 | 6.15 | 1.9 | - |
| Other Current Assets | 312.74K | 243.85K | 314K | 162.91K | 6.01M | 3.32M | -1.17K | -1.74M |
| Total Non-Current Assets | 288.99K | 199.97K | 357.02K | 315.3K | 16.88M | 27.62M | 27.27M | 69.6K |
| Property, Plant & Equipment | 211.66K | 123.14K | 279.96K | 158.51K | 296.21K | 396.23K | 264.32K | 5.31K |
| Fixed Asset Turnover | 247.83x | 487.60x | 264.99x | 515.54x | 286.86x | 207.04x | 178.39x | 3005.50x |
| Goodwill | 0 | 0 | 0 | 0 | 15.26M | 21.95M | 22.36M | 13.36M |
| Intangible Assets | 0 | 0 | 0 | 0 | 964.34K | 4.37M | 4.43M | 659.45K |
| Long-Term Investments | 54.25K | 13.79K | 13.5K | 13.7K | 172.3K | 94.13K | 0 | 0 |
| Other Non-Current Assets | 63.78K | 0 | 2.3K | 3.61K | 184.05K | 806.9K | 214.11K | -13.95M |
| Total Assets | 330.57M | 350.35M | 176.28M | 57.96M | 72.09M | 81.63M | 73.87M | 497.91K |
| Asset Turnover | 0.24x | 0.17x | 0.42x | 1.41x | 1.18x | 1.00x | 0.64x | 32.07x |
| Asset Growth % | 845.73% | 98.75% | 204.13% | -19.6% | -11.69% | 10.51% | 14736.23% | - |
| Total Current Liabilities | 9.99M | 15.54M | 28.79M | 12.05M | 4.8M | 21.97M | 23.8M | 483.79K |
| Accounts Payable | 2.26M | 3.88M | 2.59M | 2.96M | 2.04M | 2.05M | 1.63M | 0 |
| Days Payables Outstanding | 19.75 | 31.77 | 17.78 | 18.86 | 11.21 | 15.32 | 21.3 | - |
| Short-Term Debt | 4.19M | 4.27M | 22.83M | 1.91M | 0 | 164.24K | 2M | 450K |
| Deferred Revenue (Current) | 0 | 1.01M | 474.34K | 1.46M | 1.61M | 1.91M | 750.44K | -579.76K |
| Other Current Liabilities | 3.35M | 4.54M | 1.97M | 5.67M | 981.83K | 17.56M | 19.07M | 562.88K |
| Current Ratio | 33.05x | 22.53x | 6.11x | 4.79x | 11.49x | 2.46x | 1.96x | 0.89x |
| Quick Ratio | 33.05x | 22.53x | 6.11x | 4.79x | 11.47x | 2.42x | 1.95x | 0.89x |
| Cash Conversion Cycle | -0.06 | - | - | -4.34 | 0.69 | 5.04 | 42.52 | - |
| Total Non-Current Liabilities | 53.91K | 34.27K | 96.9K | 0 | 271.84K | 1.01M | 1.15M | 450K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 158.44K | 0 | 0 |
| Capital Lease Obligations | 303.26K | 34.27K | 96.9K | 0 | 30.75K | 158.4K | 87.39K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 241.09K | 846.62K | 773.56K | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | -158.44K | 285.33K | 450K |
| Total Liabilities | 10.05M | 15.58M | 28.88M | 12.05M | 5.08M | 22.97M | 24.95M | 483.79K |
| Total Debt | 4.35M | 4.38M | 23.04M | 1.95M | 181.42K | 322.72K | 2.2M | 450K |
| Net Debt | -248.77M | -170.47M | -121.08M | -42.84M | -42.56M | -42.41M | -34.86M | 21.69K |
| Debt / Equity | 0.01x | 0.01x | 0.16x | 0.04x | 0.00x | 0.01x | 0.05x | 31.86x |
| Debt / EBITDA | 1.22x | 4.66x | 8.21x | - | - | 0.03x | 0.15x | 0.06x |
| Net Debt / EBITDA | -69.50x | -181.46x | -43.18x | - | - | -3.56x | -2.30x | 0.00x |
| Interest Coverage | - | 1.39x | 25.26x | -215.27x | -9.88x | 31.88x | 88.20x | 636.69x |
| Total Equity | 320.52M | 334.77M | 147.39M | 45.92M | 67.01M | 58.66M | 48.92M | 14.13K |
| Equity Growth % | 1096.78% | 127.13% | 221.01% | -31.48% | 14.24% | 19.91% | 346236.61% | - |
| Book Value per Share | 115.46 | 43.70 | 15.25 | 201.30 | 336.23 | 267.50 | 223.09 | 0.07 |
| Total Shareholders' Equity | 317.33M | 330.33M | 144.95M | 45.38M | 66.76M | 58.41M | 48.6M | 14.13K |
| Common Stock | 74.75M | 0 | 4.6M | 51.61K | 43.86K | 39.6K | 31.24K | 1.15K |
| Retained Earnings | 146.97K | 11.4M | -4.67M | -10.89M | 19.14M | 26.48M | 19.61M | -10.88K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -8.11M | -13.02M | -5.78M | -5.87M | 175.81K | 4.32M | 433.8K | 0 |
| Minority Interest | 3.19M | 4.44M | 2.45M | 536.22K | 255.66K | 243.23K | 319.61K | 0 |
Capital deployment and revenue decay
As reported in recent financial statements, MicroAlgo has seen its total assets swell to $330.6 million by 2025Q2, a trend driven almost exclusively by cash accumulation rather than productive investment in the underlying business, which continues to face persistent top-line contraction and structural headwinds.
The trajectory of the balance sheet suggests a company transitioning into a cash-heavy holding entity rather than an expanding technology firm. While the asset base has grown significantly, the lack of corresponding growth in PPE or intangible assets indicates that management is not deploying capital into the core business, potentially signaling a lack of confidence in future operational returns.
Based on the latest quarterly filings, MicroAlgo maintains a current ratio of 33.05, an exceptionally high figure that reflects a massive $253.1 million cash position relative to minimal short-term liabilities, providing an immense buffer against operational shocks but raising questions regarding capital efficiency.
This extreme liquidity position suggests the company is well-insulated from immediate insolvency risks, yet it also highlights a potential misallocation of resources. Investors should monitor whether this idle capital is being utilized to generate meaningful interest income or if it remains stagnant, as the current ratio far exceeds what is necessary for standard operational requirements.
According to the provided balance sheet data, MicroAlgo maintains a negligible debt-to-equity ratio of 0.01 as of 2025Q2, indicating that the firm operates with virtually no external financing and relies entirely on its own accumulated capital to fund its limited operational activities.
The near-absence of debt suggests that the company is not utilizing financial leverage to amplify returns, which is consistent with a business model that is currently struggling to find profitable growth avenues. This debt-free status provides significant flexibility, though it also implies that the company is not leveraging its balance sheet to accelerate market share acquisition.
As indicated by the historical data, the company's asset base is heavily skewed toward cash, with net PPE remaining stagnant at approximately $211,700, which suggests that the firm's core infrastructure is minimal and its valuation is almost entirely decoupled from its physical or intellectual property assets.
This composition warrants investigation, as it implies that the company's market value is essentially a proxy for its cash balance rather than its technological moat. The lack of investment in tangible assets may indicate that the business model is becoming increasingly commoditized, making the firm vulnerable to competitors with more robust infrastructure and deeper R&D commitments.
Quick answers to the most common questions about buying MLGO stock.
As of 2025, MicroAlgo Inc. (MLGO) had total assets of $350.3M including $350.1M in current assets.
MicroAlgo Inc. (MLGO) carries total debt of $4.4M, offset by $336.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
MicroAlgo Inc. (MLGO) has total shareholders' equity (book value) of $330.3M ($43.70 book value per share). Book value represents the net worth of the company belonging to common stock holders.
MicroAlgo Inc. (MLGO) reported a current ratio of 22.53x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.