WiMi Hologram Cloud (WiMi Hologram Cloud) Debt-to-EBITDA : -1.59 (As of Jun. 2023)

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What is WiMi Hologram Cloud Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

WiMi Hologram Cloud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.29 Mil. WiMi Hologram Cloud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.00 Mil. WiMi Hologram Cloud's annualized EBITDA for the quarter that ended in Jun. 2023 was $-4.57 Mil. WiMi Hologram Cloud's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -1.59.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for WiMi Hologram Cloud's Debt-to-EBITDA or its related term are showing as below:

WIMI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.82 Med: 0.27 Max: 1.41
Current: -0.14

During the past 6 years, the highest Debt-to-EBITDA Ratio of WiMi Hologram Cloud was 1.41. The lowest was -0.82. And the median was 0.27.

WIMI's Debt-to-EBITDA is ranked worse than
100% of 674 companies
in the Media - Diversified industry
Industry Median: 1.65 vs WIMI: -0.14

WiMi Hologram Cloud Debt-to-EBITDA Historical Data

The historical data trend for WiMi Hologram Cloud's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WiMi Hologram Cloud Debt-to-EBITDA Chart

WiMi Hologram Cloud Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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1.10

0.67

-0.82

-0.40

-0.12

WiMi Hologram Cloud Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial							-	-0.16	-0.39	-0.07	-1.59

Competitive Comparison of WiMi Hologram Cloud's Debt-to-EBITDA

For the Advertising Agencies subindustry, WiMi Hologram Cloud's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

WiMi Hologram Cloud's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WiMi Hologram Cloud's Debt-to-EBITDA distribution charts can be found below:

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

WiMi Hologram Cloud Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

WiMi Hologram Cloud's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.29	+	0.031)	/	-52.491
	=	-0.12

WiMi Hologram Cloud's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.285	+	5.995)	/	-4.568
	=	-1.59

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Jun. 2023) EBITDA data.

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

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

WiMi Hologram Cloud Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of WiMi Hologram Cloud's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WiMi Hologram Cloud Inc (NAS:WIMI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

0BF1:Germany

Address

1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020

Website

http://ir.wimiar.com

WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.