MicroAlgo Net Debt vs Cash And Short Term Investments Analysis
| MLGO Stock | 1.81 0.16 8.12% |
MicroAlgo financial indicator trend analysis is infinitely more than just investigating MicroAlgo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MicroAlgo is a good investment. Please check the relationship between MicroAlgo Net Debt and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MicroAlgo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MicroAlgo Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between MicroAlgo's Net Debt and Cash And Short Term Investments is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of MicroAlgo, assuming nothing else is changed. The correlation between historical values of MicroAlgo's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of MicroAlgo are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., MicroAlgo's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of MicroAlgo balance sheet. This account contains MicroAlgo investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MicroAlgo fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from MicroAlgo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MicroAlgo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MicroAlgo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.At this time, MicroAlgo's Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.26, though Tax Provision is likely to grow to (335.4 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.6M | 1.5M | 1.1M | 1.4M | Interest Income | 1.9M | 266.1K | 548.3K | 559.9K |
MicroAlgo fundamental ratios Correlations
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MicroAlgo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MicroAlgo fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 33.8K | 18.5M | 17.7M | 680.5K | 5.7M | 7.8M | |
| Total Current Liabilities | 483.8K | 23.8M | 22.0M | 4.8M | 12.0M | 11.6M | |
| Total Stockholder Equity | 14.1K | 48.6M | 58.4M | 66.8M | 45.4M | 40.2M | |
| Retained Earnings | (10.9K) | 19.6M | 28.1M | 19.1M | (10.9M) | (10.3M) | |
| Total Liab | 483.8K | 25.0M | 23.0M | 5.1M | 12.0M | 12.0M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MicroAlgo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MicroAlgo. If investors know MicroAlgo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MicroAlgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (140.60) | Revenue Per Share 79.717 | Quarterly Revenue Growth 0.081 | Return On Assets (0.11) |
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.