Wimi Hologram Cloud Stock Working Capital

WIMI Stock  USD 0.94  0.01  0.61%   
WiMi Hologram Cloud fundamentals help investors to digest information that contributes to WiMi Hologram's financial success or failures. It also enables traders to predict the movement of WiMi Stock. The fundamental analysis module provides a way to measure WiMi Hologram's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WiMi Hologram stock.
Last ReportedProjected for Next Year
Net Working Capital717.9 M411.8 M
Change In Working Capital330.2 M346.7 M
The WiMi Hologram's current Change In Working Capital is estimated to increase to about 346.7 M, while Net Working Capital is projected to decrease to under 411.8 M.
  
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WiMi Hologram Cloud Company Working Capital Analysis

WiMi Hologram's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current WiMi Hologram Working Capital

    
  624.24 M  
Most of WiMi Hologram's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WiMi Hologram Cloud is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

WiMi Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for WiMi Hologram is extremely important. It helps to project a fair market value of WiMi Stock properly, considering its historical fundamentals such as Working Capital. Since WiMi Hologram's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WiMi Hologram's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WiMi Hologram's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

WiMi Capital Surpluse

Capital Surpluse

109.23 Million

As of now, WiMi Hologram's Capital Surpluse is increasing as compared to previous years.
As per the company's disclosures, WiMi Hologram Cloud has a Working Capital of 624.24 M. This is 156.23% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The working capital for all United States stocks is 57.77% higher than that of the company.

WiMi Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WiMi Hologram's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WiMi Hologram could also be used in its relative valuation, which is a method of valuing WiMi Hologram by comparing valuation metrics of similar companies.
WiMi Hologram is currently under evaluation in working capital category among its peers.

WiMi Hologram Current Valuation Drivers

We derive many important indicators used in calculating different scores of WiMi Hologram from analyzing WiMi Hologram's financial statements. These drivers represent accounts that assess WiMi Hologram's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WiMi Hologram's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap4.9B3.2B877.8M1.0B1.2B1.1B
Enterprise Value4.6B2.6B349.1M714.7M821.9M780.8M

WiMi Fundamentals

About WiMi Hologram Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WiMi Hologram Cloud's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WiMi Hologram using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WiMi Hologram Cloud based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

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 WiMi Hologram Piotroski F Score and WiMi Hologram Altman Z Score analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.