WiMi Hologram Cloud (WiMi Hologram Cloud) Liabilities-to-Assets : 0.12 (As of Jun. 2023)

WiMi Hologram Cloud Liabilities-to-Assets Chart

WiMi Hologram Cloud Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Liabilities-to-Assets	Get a 7-Day Free Trial							0.11	0.11	0.10	0.09	0.12

Competitive Comparison of WiMi Hologram Cloud's Liabilities-to-Assets

For the Advertising Agencies subindustry, WiMi Hologram Cloud's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Media - Diversified Industry

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

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

WiMi Hologram Cloud Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

WiMi Hologram Cloud's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

WiMi Hologram Cloud's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.

WiMi Hologram Cloud  (NAS:WIMI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

WiMi Hologram Cloud Liabilities-to-Assets Related Terms

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WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description