WiMi Hologram Cloud Balance Sheet Health
Financial Health criteria checks 5/6
WiMi Hologram Cloud has a total shareholder equity of CN¥872.5M and total debt of CN¥183.7M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥1.4B and CN¥553.3M respectively.
Key information
21.1%
Debt to equity ratio
CN¥183.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.16b |
| Equity | CN¥872.47m |
| Total liabilities | CN¥553.26m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
What WiMi Hologram Cloud Inc.'s (NASDAQ:WIMI) 31% Share Price Gain Is Not Telling You
Oct 01
Revenues Not Telling The Story For WiMi Hologram Cloud Inc. (NASDAQ:WIMI) After Shares Rise 34%
Jul 18What WiMi Hologram Cloud Inc.'s (NASDAQ:WIMI) 29% Share Price Gain Is Not Telling You
May 08Market Might Still Lack Some Conviction On WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Even After 68% Share Price Boost
Feb 17There's Reason For Concern Over WiMi Hologram Cloud Inc.'s (NASDAQ:WIMI) Massive 32% Price Jump
Jan 03Financial Position Analysis
Short Term Liabilities: WIMI's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥532.8M).
Long Term Liabilities: WIMI's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥20.5M).
Debt to Equity History and Analysis
Debt Level: WIMI has more cash than its total debt.
Reducing Debt: WIMI's debt to equity ratio has increased from 8.6% to 21.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WIMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WIMI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.1% per year.