Debt-to-equity of MicroAlgo Inc. from 30 Sep 2021 to 30 Jun 2023

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
MicroAlgo Inc. quarterly Debt-to-equity in % history and change rate from 30 Sep 2021 to 30 Jun 2023.
  • MicroAlgo Inc. Debt-to-equity for the quarter ending 30 Jun 2023 was 15%, a 74% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

MicroAlgo Inc. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q2 2023 15% -44% -74% 30 Jun 2023
Q1 2023 16% -39% -71% 31 Mar 2023
Q4 2022 24% -28% -54% 31 Dec 2022
Q3 2022 64% +179% 30 Sep 2022
Q2 2022 59% 30 Jun 2022
Q1 2022 55% 31 Mar 2022
Q4 2021 52% 31 Dec 2021
Q3 2021 -114% 30 Sep 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.