MicroAlgo Inc. (MLGO) Balance Sheet
MLGO balance sheet, 2025
December 31, 2025 · U.S. dollars$350.3M assets = $15.6M liabilities + $334.8M equity
Both columns are drawn to the same scale: what MLGO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MLGO financial health
Descriptive bands, not a rating. Fiscal 2025.
MLGO balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $176.3M2024 | $350.3M2025 | +98.8%/yr | |
| Total liabilities | $28.9M2024 | $15.6M2025 | −46.1%/yr | |
| Shareholders’ equity | $144.9M2024 | $330.3M2025 | +127.9%/yr | |
| Cash & short-term investments | $164.9M2024 | $336.8M2025 | +104.2%/yr | |
| Total debt | $23.0M2024 | $4.4M2025 | −81.0%/yr | |
| Net cash (debt) | $141.9M2024 | $332.4M2025 | +$190.5M | |
| Working capital | $147.1M2024 | $334.6M2025 | +$187.5M | |
| Book value per share | $15.002024 | $43.122025 | +187.6%/yr | |
| Debt / equity | 0.162024 | 0.012025 | −0.15 | |
| Shares outstanding | 9.7M2024 | 7.7M2025 | −20.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MLGO assets
MLGO liabilities and equity
MLGO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MLGO balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $336.8M | $164.9M |
| Cash & equivalents | $174.8M | $144.1M |
| Short-term investments | $161.9M | $20.8M |
| Receivables | $6.2M | $3.3M |
| Inventory | $0 | $0 |
| Other current assets | $7.2M | $7.7M |
| Total current assets | $350.1M | $175.9M |
| Property, plant & equipment (net) | $123,144 | $279,962 |
| Goodwill & intangible assets | $0 | $0 |
| Long-term investments | $13,788 | $13,503 |
| Other non-current assets | $63,039 | $63,535 |
| Total assets | $350.3M | $176.3M |
| Liabilities | ||
| Accounts payable | $3.9M | $2.6M |
| Short-term debt | $4.3M | $22.9M |
| Deferred revenue | $1.0M | $474,336 |
| Total current liabilities | $15.5M | $28.8M |
| Long-term debt | $0 | $0 |
| Lease obligations | $109,819 | $208,693 |
| Other long-term liabilities | $34,272 | $96,899 |
| Total liabilities | $15.6M | $28.9M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $1 | $4.6M |
| Retained earnings (deficit) | $11.4M | −$4.7M |
| Accumulated other comprehensive income | −$13.0M | −$5.8M |
| Minority interest | $4.4M | $2.4M |
| Total shareholders' equity | $330.3M | $144.9M |
| Key figures | ||
| Total debt | $4.4M | $23.0M |
| Net cash (debt) | $332.4M | $141.9M |
| Working capital | $334.6M | $147.1M |
| Tangible book value | $330.3M | $144.9M |
| Book value per share | $43.12 | $15.00 |
| Shares outstanding | 7.7M | 9.7M |
| Current ratio | 22.53 | 6.11 |
| Quick ratio | 22.07 | 5.84 |
| Debt / equity | 0.01 | 0.16 |
| Equity / assets | 94.3% | 82.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $307.9M | $304.0M | $336.8M | $332.5M | $319.1M | $314.9M | $164.9M | $168.9M |
| Cash & equivalents | $180.5M | $178.2M | $174.8M | $172.6M | $253.1M | $249.8M | $144.1M | $147.6M |
| Short-term investments | $127.4M | $125.8M | $161.9M | $159.9M | $66.0M | $65.1M | $20.8M | $21.3M |
| Receivables | $7.6M | $3.7M | $6.2M | $6.1M | $3.3M | $3.2M | $3.3M | $3.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $8.7M | $12.4M | $7.2M | $7.1M | $7.9M | $7.8M | $7.7M | $7.9M |
| Total current assets | $324.2M | $320.1M | $350.1M | $345.7M | $330.3M | $325.9M | $175.9M | $180.2M |
| Property, plant & equipment (net) | $164,669 | $162,589 | $123,144 | $121,578 | $211,665 | $208,866 | $279,962 | $286,775 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $14,229 | $0 | $13,788 | $0 | $13,559 | $0 | $13,503 | $0 |
| Other non-current assets | $43,532 | $57,031 | $63,039 | $75,851 | $63,766 | $76,302 | $63,558 | $79,225 |
| Total assets | $324.4M | $320.3M | $350.3M | $345.9M | $330.6M | $326.2M | $176.3M | $180.6M |
| Liabilities | ||||||||
| Accounts payable | $3.2M | $3.1M | $8.3M | $3.8M | $2.3M | $2.2M | $2.6M | $2.6M |
| Short-term debt | $4.5M | $4.4M | — | $4.3M | $4.3M | $4.2M | — | $23.5M |
| Deferred revenue | $4.9M | $1.0M | — | — | — | $474,336 | — | — |
| Total current liabilities | $19.3M | $19.1M | $15.5M | $15.3M | $10.0M | $9.9M | $28.8M | $29.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $151,937 | — | $109,819 | — | $165,274 | — | $208,693 | — |
| Other long-term liabilities | $67,341 | $66,492 | $34,273 | $33,838 | $53,909 | $53,196 | $96,899 | $99,259 |
| Total liabilities | $19.4M | $19.1M | $15.6M | $15.4M | $10.0M | $9.9M | $28.9M | $29.6M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | — | $1 | — | — | $74.8M | $73.8M | — | $4.7M |
| Retained earnings (deficit) | −$22.6M | −$21.2M | $11.4M | $12.4M | $146,972 | $145,028 | −$4.7M | −$3.6M |
| Accumulated other comprehensive income | −$20.4M | −$21.2M | — | −$14.0M | −$8.1M | −$8.0M | — | −$7.1M |
| Minority interest | $5.4M | — | $4.4M | — | $3.2M | — | $2.4M | — |
| Total shareholders' equity | $299.6M | $295.9M | $330.3M | $326.1M | $317.3M | $313.1M | $144.9M | $148.5M |
| Key figures | ||||||||
| Total debt | $4.6M | $4.5M | — | $4.3M | $4.4M | $4.3M | — | $23.6M |
| Net cash (debt) | $303.3M | $299.5M | — | $328.2M | $314.8M | $310.6M | — | $145.3M |
| Working capital | $304.9M | $301.0M | $334.6M | $330.4M | $320.3M | $316.1M | $147.1M | $150.7M |
| Tangible book value | $299.6M | $295.9M | $330.3M | $326.1M | $317.3M | $313.1M | $144.9M | $148.5M |
| Book value per share | $24.09 | $23.79 | $30.19 | $26.00 | $114.31 | $112.80 | — | $15.36 |
| Shares outstanding | 12.4M | 12.4M | 10.9M | 12.5M | 2.8M | 2.8M | — | 9.7M |
| Current ratio | 16.79 | 16.79 | 22.53 | 22.53 | 33.05 | 33.05 | 6.11 | 6.11 |
| Quick ratio | 16.33 | 16.13 | 22.07 | 22.07 | 32.27 | 32.27 | 5.84 | 5.84 |
| Debt / equity | 0.02 | 0.02 | — | 0.01 | 0.01 | 0.01 | — | 0.16 |
| Equity / assets | 92.4% | 92.4% | 94.3% | 94.3% | 96.0% | 96.0% | 82.2% | 82.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 1, 2026); data from EODHD.
MLGO financial position
At the end of fiscal 2025 (December 31, 2025), MicroAlgo had total assets of $350.3 million (up 98.8% from a year earlier), total liabilities of $15.6 million and shareholders' equity of $330.3 million. It held $336.8 million in cash and short-term investments against $4.4 million of debt, a net cash position of $332.4 million. Its current ratio was 22.53. In the latest quarter (ended June 30, 2026) total assets were $324.4 million and equity $299.6 million.
Related: MLGO income statement, MLGO cash flow statement, MLGO key metrics. See the MLGO stock overview for the latest quote and news.
MLGO balance sheet FAQ
What are MicroAlgo's total assets?
MicroAlgo reported total assets of $350.3 million at the end of fiscal 2025 (December 31, 2025), compared with $176.3 million a year earlier.
How much debt does MicroAlgo have?
MicroAlgo had $4.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does MicroAlgo have?
MicroAlgo held $336.8 million in cash and short-term investments at the end of fiscal 2025; with $4.4 million of debt that is net cash of $332.4 million.
What is MicroAlgo's book value?
MicroAlgo's shareholders' equity (book value) was $330.3 million at the end of fiscal 2025, or $43.12 per share.
What is MicroAlgo's current ratio?
MicroAlgo had current assets of $350.1 million and current liabilities of $15.5 million, a current ratio of 22.53 (it can cover its short-term obligations).