MicroAlgo Inc.

MicroAlgo Inc.verified

MLGO

Price:

$1.69

Market Cap:

$12.87M

MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is based in Shenzhen, the People's Republic of China. MicroAlgo I...[Read more]

Industry

Software - Infrastructure

IPO Date

2021-04-13

Stock Exchange

NASDAQ

Ticker

MLGO

The Current Ratio as of July 2024 (TTM) for MicroAlgo Inc. (MLGO) is 4.81

According to MicroAlgo Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.81. This represents a change of -17.39% compared to the average of 5.82 of the last 4 quarters.

MicroAlgo Inc. (MLGO) Historical Current Ratio (quarterly & annually)

How has MLGO Current Ratio performed in the past?

The mean historical Current Ratio of MicroAlgo Inc. over the last ten years is 3.60. The current 4.81 Current Ratio has changed 13.28% with respect to the historical average. Over the past ten years (40 quarters), MLGO's Current Ratio was at its highest in in the December 2022 quarter at 11.49. The Current Ratio was at its lowest in in the June 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

3.60

Median

2.21

Minimum

0

Maximum

11.49

MicroAlgo Inc. (MLGO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MicroAlgo Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 11.49

Minimum Annual Increase = -58.36%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.79-58.36%
202211.49367.53%
20212.4625.58%
20201.96121.13%
20190.89Infinity%

MicroAlgo Inc. (MLGO) Average Current Ratio

How has MLGO Current Ratio performed in the past?

The current Current Ratio of MicroAlgo Inc. (MLGO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.25

5-year avg

4.32

10-year avg

3.60

MicroAlgo Inc. (MLGO) Current Ratio vs. Peers

How is MLGO’s Current Ratio compared to its peers?

MicroAlgo Inc.’s Current Ratio is less than NetScout Systems, Inc. (0), greater than Consensus Cloud Solutions, Inc. (1.54), greater than CSG Systems International, Inc. (1.33), greater than EngageSmart, Inc. (1.74), less than ForgeRock, Inc. (6.71), greater than EVERTEC, Inc. (3.61), greater than OneSpan Inc. (1.59), greater than Repay Holdings Corporation (1.46), greater than MariaDB plc (3.44), greater than EverCommerce Inc. (0.25), greater than Sterling Check Corp. (1.71), greater than null (1.52),

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