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WiMi Hologram Cloud Debt-to-Equity

: 0.00 (As of Jun. 2020)
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WiMi Hologram Cloud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. WiMi Hologram Cloud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. WiMi Hologram Cloud's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $87.36 Mil. WiMi Hologram Cloud's debt to equity for the quarter that ended in Jun. 2020 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

During the past 3 years, the highest Debt-to-Equity Ratio of WiMi Hologram Cloud was 1.42. The lowest was 0.09. And the median was 0.30.

WiMi Hologram Cloud Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

WiMi Hologram Cloud Annual Data
Dec17 Dec18 Dec19
Debt-to-Equity 1.42 0.40 0.21

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Debt-to-Equity Premium Member Only N/A 0.40 0.09 0.21 0.00
Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

WiMi Hologram Cloud Debt-to-Equity Distribution

* The bar in red indicates where WiMi Hologram Cloud's Debt-to-Equity falls into.


WiMi Hologram Cloud Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WiMi Hologram Cloud's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(10.121333960677 + 2.2866675221352) / 60.26990033791
=0.21

WiMi Hologram Cloud's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 87.360342295526
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

WiMi Hologram Cloud  (NAS:WIMI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

WiMi Hologram Cloud Debt-to-Equity Related Terms

WiMi Hologram Cloud Debt-to-Equity Headlines

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