WiMi Retained Earnings vs Net Debt Analysis
WIMI Stock | USD 0.83 0.04 5.06% |
WiMi Hologram financial indicator trend analysis is more than just analyzing WiMi Hologram Cloud current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiMi Hologram Cloud is a good investment. Please check the relationship between WiMi Hologram Retained Earnings and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Retained Earnings vs Net Debt
Retained Earnings vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiMi Hologram Cloud Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WiMi Hologram's Retained Earnings and Net Debt is 0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of WiMi Hologram Cloud, assuming nothing else is changed. The correlation between historical values of WiMi Hologram's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WiMi Hologram Cloud are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., WiMi Hologram's Retained Earnings and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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.Most indicators from WiMi Hologram's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiMi Hologram Cloud 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of now, WiMi Hologram's Selling General Administrative is increasing as compared to previous years. The WiMi Hologram's current Sales General And Administrative To Revenue is estimated to increase to 0.38, while Tax Provision is forecasted to increase to (2.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 19.7M | 12.2M | 2.2M | 2.1M | Interest Income | 3.4M | 3.7M | 13.7M | 14.4M |
WiMi Hologram fundamental ratios Correlations
Click cells to compare fundamentals
WiMi Hologram Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WiMi Hologram fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 563.5M | 1.2B | 1.5B | 1.3B | 1.0B | 1.0B | |
Short Long Term Debt Total | 87.0M | 101.1M | 90.4M | 44.1M | 49.9M | 98.1M | |
Other Current Liab | 11.9M | 15.5M | 35.6M | 23.3M | 171.6M | 180.1M | |
Total Current Liabilities | 122.1M | 132.2M | 91.8M | 109.1M | 233.5M | 137.3M | |
Total Stockholder Equity | 422.7M | 997.2M | 1.3B | 1.1B | 753.0M | 769.6M | |
Other Liab | 115.0M | 2.6M | 7.8M | 5.3M | 4.7M | 4.5M | |
Net Tangible Assets | (72.7M) | 43.1M | 559.8M | 959.2M | 1.1B | 1.2B | |
Property Plant And Equipment Net | 769.5K | 2.2M | 28.1M | 25.6M | 92.7M | 97.3M | |
Current Deferred Revenue | 503.6K | 10.5M | 21.9M | 11.2M | 10.4M | 8.8M | |
Net Debt | (42.0M) | (253.9M) | (661.5M) | (528.7M) | (288.3M) | (302.7M) | |
Retained Earnings | 229.2M | 76.2M | (164.3M) | (518.0M) | (940.3M) | (893.3M) | |
Accounts Payable | 38.7M | 27.4M | 28.0M | 25.3M | 30.2M | 23.7M | |
Cash | 129.0M | 355.0M | 751.9M | 572.8M | 338.2M | 363.2M | |
Non Current Assets Total | 386.0M | 556.0M | 597.2M | 590.3M | 173.3M | 164.6M | |
Non Currrent Assets Other | 1.2M | 2.3M | 147.9M | 144.0M | 69.1M | 57.5M | |
Other Assets | 845.0K | 1.2M | 2.3M | 147.9M | 170.1M | 178.6M | |
Long Term Debt | 16.0M | 22.7M | 67.1M | 36.0M | 32.4M | 51.0M | |
Cash And Short Term Investments | 129.0M | 387.9M | 785.4M | 611.2M | 773.8M | 448.2M | |
Net Receivables | 36.1M | 176.6M | 26.2M | 25.4M | 34.2M | 43.5M | |
Good Will | 351.3M | 352.1M | 396.2M | 277.0M | 243.3M | 0.0 | |
Common Stock Shares Outstanding | 59.3M | 64.7M | 83.5M | 86.1M | 87.2M | 78.4M | |
Liabilities And Stockholders Equity | 563.5M | 1.2B | 1.5B | 1.3B | 1.0B | 1.0B | |
Non Current Liabilities Total | 18.7M | 31.2M | 73.8M | 1.9M | 36.0M | 34.2M | |
Other Current Assets | 12.3M | 47.8M | 29.5M | 31.0M | 49.7M | 29.7M | |
Total Liab | 140.8M | 163.4M | 165.6M | 111.0M | 269.5M | 172.1M | |
Net Invested Capital | 509.7M | 1.1B | 1.4B | 1.1B | 802.5M | 867.3M | |
Long Term Investments | 4.4M | 114.1M | 116.4M | 170.6M | 11.5M | 10.9M | |
Property Plant And Equipment Gross | 769.5K | 2.2M | 31.2M | 30.1M | 97.6M | 102.5M | |
Total Current Assets | 177.5M | 616.4M | 907.8M | 670.1M | 857.7M | 549.2M | |
Accumulated Other Comprehensive Income | 25.3M | (11.4M) | (26.4M) | 16.9M | 59.5M | 62.4M | |
Net Working Capital | 55.4M | 484.2M | 816.1M | 561.0M | 624.2M | 411.8M | |
Short Term Debt | 71.0M | 77.8M | 21.8M | 43.9M | 13.9M | 13.2M | |
Intangible Assets | 27.5M | 41.2M | 27.9M | 6.7M | 6.0M | 5.7M | |
Property Plant Equipment | 1.3M | 769.5K | 2.2M | 28.1M | 32.3M | 33.9M |
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When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram 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 (0.80) | Earnings Share (0.65) | Revenue Per Share 6.558 | Quarterly Revenue Growth 0.098 | Return On Assets (0.09) |
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.