MicroAlgo Historical Balance Sheet
| MLGO Stock | 0.19 0.01 5.00% |
Trend analysis of MicroAlgo balance sheet accounts such as Total Liab of 12 M provides information on MicroAlgo's total assets, liabilities, and equity, which is the actual value of MicroAlgo to its prevalent stockholders. By breaking down trends over time using MicroAlgo balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MicroAlgo latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MicroAlgo is a good buy for the upcoming year.
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About MicroAlgo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MicroAlgo at a specified time, usually calculated after every quarter, six months, or one year. MicroAlgo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MicroAlgo and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MicroAlgo currently owns. An asset can also be divided into two categories, current and non-current.
MicroAlgo Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on MicroAlgo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MicroAlgo are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Assets
Total assets refers to the total amount of MicroAlgo assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MicroAlgo books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most accounts from MicroAlgo's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MicroAlgo current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Property Plant And Equipment Gross is very stable compared to the past year. As of the 18th of November 2024, Net Working Capital is likely to grow to about 89.8 M, while Total Current Liabilities is likely to drop about 11.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 22.0M | 4.8M | 12.0M | 11.6M | Other Current Liabilities | 17.7M | 680.5K | 5.7M | 7.8M |
MicroAlgo balance sheet Correlations
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MicroAlgo Account Relationship Matchups
High Positive Relationship
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MicroAlgo balance sheet 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 |
Pair Trading with MicroAlgo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MicroAlgo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MicroAlgo will appreciate offsetting losses from the drop in the long position's value.Moving against MicroAlgo Stock
| 0.81 | GB | Global Blue Group Earnings Call This Week | PairCorr |
| 0.77 | FFIV | F5 Networks | PairCorr |
| 0.61 | CETXP | Cemtrex Pref | PairCorr |
| 0.56 | JG | Aurora Mobile | PairCorr |
| 0.56 | NN | Nextnav Acquisition Corp | PairCorr |
The ability to find closely correlated positions to MicroAlgo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroAlgo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MicroAlgo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MicroAlgo to buy it.
The correlation of MicroAlgo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MicroAlgo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroAlgo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MicroAlgo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 (7.03) | 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.