WiMi Good Will vs Retained Earnings Analysis

WIMI Stock

USD 0.85 0.01 1.19%

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 Good Will and its Retained Earnings 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiMi Hologram Cloud Good Will account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between WiMi Hologram's Good Will and Retained Earnings is 0.97. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings 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 Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of WiMi Hologram Cloud are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., WiMi Hologram's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.

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

Depreciation And Amortization Interest Income

WiMi Hologram fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		-0.84	-0.19	-0.08	0.99	-0.85	0.92	0.54	0.97	-0.98	-0.58	0.05	0.98	0.28	0.86	0.8	-0.71	0.94	0.27	-0.49	0.89	0.87	0.65	-0.81	0.77	0.81
Short Long Term Debt Total	-0.84		0.1	-0.19	-0.88	0.98	-0.91	-0.63	-0.76	0.86	0.65	-0.31	-0.82	-0.02	-0.73	-0.78	0.95	-0.88	-0.19	0.6	-0.85	-0.84	-0.79	0.99	-0.83	-0.51
Other Current Liab	-0.19	0.1		0.74	-0.27	0.13	0.08	0.61	-0.11	0.22	-0.57	-0.51	-0.25	-0.78	-0.09	0.3	0.16	-0.02	-0.31	-0.63	0.0	0.15	0.21	0.14	-0.41	-0.47
Total Current Liabilities	-0.08	-0.19	0.74		-0.1	-0.12	0.13	0.46	-0.02	0.13	-0.47	-0.21	-0.17	-0.55	-0.08	0.22	-0.23	0.13	-0.03	-0.47	0.3	0.21	0.34	-0.14	-0.14	-0.31
Total Stockholder Equity	0.99	-0.88	-0.27	-0.1		-0.9	0.92	0.52	0.94	-0.98	-0.54	0.16	0.97	0.28	0.82	0.76	-0.78	0.93	0.31	-0.46	0.88	0.84	0.67	-0.86	0.83	0.8
Other Liab	-0.85	0.98	0.13	-0.12	-0.9		-0.9	-0.61	-0.77	0.85	0.59	-0.35	-0.82	-0.02	-0.67	-0.74	0.96	-0.85	-0.27	0.57	-0.8	-0.78	-0.77	0.99	-0.84	-0.55
Net Tangible Assets	0.92	-0.91	0.08	0.13	0.92	-0.9		0.81	0.86	-0.92	-0.82	0.09	0.9	-0.09	0.8	0.93	-0.78	0.95	0.15	-0.77	0.89	0.94	0.85	-0.87	0.78	0.53
Property Plant And Equipment Net	0.54	-0.63	0.61	0.46	0.52	-0.61	0.81		0.52	-0.55	-0.96	-0.06	0.51	-0.63	0.51	0.88	-0.5	0.7	-0.12	-0.99	0.63	0.78	0.85	-0.59	0.45	0.03
Current Deferred Revenue	0.97	-0.76	-0.11	-0.02	0.94	-0.77	0.86	0.52		-0.95	-0.54	-0.02	0.96	0.29	0.87	0.78	-0.6	0.92	0.17	-0.46	0.86	0.85	0.57	-0.7	0.66	0.86
Net Debt	-0.98	0.86	0.22	0.13	-0.98	0.85	-0.92	-0.55	-0.95		0.59	-0.11	-1.0	-0.27	-0.92	-0.84	0.7	-0.95	-0.12	0.51	-0.85	-0.9	-0.65	0.81	-0.79	-0.77
Retained Earnings	-0.58	0.65	-0.57	-0.47	-0.54	0.59	-0.82	-0.96	-0.54	0.59		0.2	-0.54	0.51	-0.62	-0.91	0.48	-0.73	0.15	0.97	-0.69	-0.85	-0.8	0.59	-0.42	-0.05
Accounts Payable	0.05	-0.31	-0.51	-0.21	0.16	-0.35	0.09	-0.06	-0.02	-0.11	0.2		0.1	-0.05	-0.06	-0.08	-0.41	0.14	0.03	0.06	0.05	-0.03	0.37	-0.33	0.62	0.0
Cash	0.98	-0.82	-0.25	-0.17	0.97	-0.82	0.9	0.51	0.96	-1.0	-0.54	0.1		0.32	0.91	0.81	-0.66	0.93	0.13	-0.46	0.84	0.88	0.61	-0.78	0.77	0.81
Non Current Assets Total	0.28	-0.02	-0.78	-0.55	0.28	-0.02	-0.09	-0.63	0.29	-0.27	0.51	-0.05	0.32		0.28	-0.22	-0.01	0.05	0.25	0.66	0.09	-0.04	-0.45	-0.02	0.08	0.68
Non Currrent Assets Other	0.86	-0.73	-0.09	-0.08	0.82	-0.67	0.8	0.51	0.87	-0.92	-0.62	-0.06	0.91	0.28		0.86	-0.49	0.87	-0.23	-0.51	0.75	0.91	0.5	-0.64	0.58	0.66
Other Assets	0.8	-0.78	0.3	0.22	0.76	-0.74	0.93	0.88	0.78	-0.84	-0.91	-0.08	0.81	-0.22	0.86		-0.57	0.89	-0.2	-0.87	0.78	0.97	0.78	-0.71	0.58	0.38
Long Term Debt	-0.71	0.95	0.16	-0.23	-0.78	0.96	-0.78	-0.5	-0.6	0.7	0.48	-0.41	-0.66	-0.01	-0.49	-0.57		-0.71	-0.37	0.46	-0.73	-0.64	-0.71	0.98	-0.78	-0.41
Cash And Short Term Investments	0.94	-0.88	-0.02	0.13	0.93	-0.85	0.95	0.7	0.92	-0.95	-0.73	0.14	0.93	0.05	0.87	0.89	-0.71		0.09	-0.67	0.94	0.96	0.81	-0.8	0.81	0.65
Net Receivables	0.27	-0.19	-0.31	-0.03	0.31	-0.27	0.15	-0.12	0.17	-0.12	0.15	0.03	0.13	0.25	-0.23	-0.2	-0.37	0.09		0.21	0.3	-0.1	0.11	-0.28	0.28	0.35
Good Will	-0.49	0.6	-0.63	-0.47	-0.46	0.57	-0.77	-0.99	-0.46	0.51	0.97	0.06	-0.46	0.66	-0.51	-0.87	0.46	-0.67	0.21		-0.59	-0.77	-0.84	0.55	-0.41	0.05
Common Stock Total Equity	0.89	-0.85	0.0	0.3	0.88	-0.8	0.89	0.63	0.86	-0.85	-0.69	0.05	0.84	0.09	0.75	0.78	-0.73	0.94	0.3	-0.59		0.89	0.78	-0.78	0.75	0.62
Common Stock Shares Outstanding	0.87	-0.84	0.15	0.21	0.84	-0.78	0.94	0.78	0.85	-0.9	-0.85	-0.03	0.88	-0.04	0.91	0.97	-0.64	0.96	-0.1	-0.77	0.89		0.77	-0.76	0.67	0.5
Long Term Debt Total	0.65	-0.79	0.21	0.34	0.67	-0.77	0.85	0.85	0.57	-0.65	-0.8	0.37	0.61	-0.45	0.5	0.78	-0.71	0.81	0.11	-0.84	0.78	0.77		-0.75	0.8	0.17
Non Current Liabilities Total	-0.81	0.99	0.14	-0.14	-0.86	0.99	-0.87	-0.59	-0.7	0.81	0.59	-0.33	-0.78	-0.02	-0.64	-0.71	0.98	-0.8	-0.28	0.55	-0.78	-0.76	-0.75		-0.81	-0.48
Capital Surpluse	0.77	-0.83	-0.41	-0.14	0.83	-0.84	0.78	0.45	0.66	-0.79	-0.42	0.62	0.77	0.08	0.58	0.58	-0.78	0.81	0.28	-0.41	0.75	0.67	0.8	-0.81		0.5
Inventory	0.81	-0.51	-0.47	-0.31	0.8	-0.55	0.53	0.03	0.86	-0.77	-0.05	0.0	0.81	0.68	0.66	0.38	-0.41	0.65	0.35	0.05	0.62	0.5	0.17	-0.48	0.5

Click cells to compare fundamentals

WiMi Hologram Account Relationship Matchups

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	85.1M	89.4M
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

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

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:

How To Invest In WiMi

Details

Is WiMi Stock a good investment?

Details

What is WiMi Hologram's Net Worth?

Details

Largest Movies & Entertainment Companies

View

Largest Media & Entertainment Companies

View

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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

WiMi Good Will vs Retained Earnings Analysis

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

Correlation Coefficient

Good Will

Retained Earnings

WiMi Hologram fundamental ratios Correlations

WiMi Hologram Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WiMi Hologram fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Other Liab
Cash	+ 0.98	Total Assets
Other Liab	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Long Term Debt

Cash	- 1.0	Net Debt
Good Will	- 0.99	Property Plant And Equipment Net
Net Debt	- 0.98	Total Stockholder Equity
Net Debt	- 0.98	Total Assets
Retained Earnings	- 0.96	Property Plant And Equipment Net
Cash And Short Term Investments	- 0.95	Net Debt