WiMi Hologram Cloud Balance Sheet Health
Financial Health criteria checks 6/6
WiMi Hologram Cloud has a total shareholder equity of CN¥761.5M and total debt of CN¥49.5M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥1.0B and CN¥269.5M respectively.
Key information
6.5%
Debt to equity ratio
CN¥49.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥773.84m |
| Equity | CN¥761.54m |
| Total liabilities | CN¥269.47m |
| Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Even After 68% Share Price Boost
Feb 17
There's Reason For Concern Over WiMi Hologram Cloud Inc.'s (NASDAQ:WIMI) Massive 32% Price Jump
Jan 03WiMi Hologram Cloud Inc.'s (NASDAQ:WIMI) Subdued P/S Might Signal An Opportunity
Jun 09Estimating The Fair Value Of WiMi Hologram Cloud Inc. (NASDAQ:WIMI)
Dec 07Financial Position Analysis
Short Term Liabilities: WIMI's short term assets (CN¥857.7M) exceed its short term liabilities (CN¥233.5M).
Long Term Liabilities: WIMI's short term assets (CN¥857.7M) exceed its long term liabilities (CN¥36.0M).
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 reduced from 40.1% to 6.5% 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 48.7% per year.