WiMi Operating Income vs Interest Expense Analysis

WIMI Stock

USD 0.83 0.04 5.06%

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 Operating Income and its Interest Expense 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.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiMi Hologram Cloud Operating Income account and Interest Expense. At this time, the significance of the direction appears to have strong relationship.

The correlation between WiMi Hologram's Operating Income and Interest Expense is 0.61. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of WiMi Hologram Cloud are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., WiMi Hologram's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from WiMi Hologram Cloud operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WiMi Hologram Cloud is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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

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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	59.5M	62.4M
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

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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

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Is WiMi Stock a good investment?

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What is WiMi Hologram's Net Worth?

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.

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WiMi Operating Income vs Interest Expense Analysis

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Operating Income

Interest Expense

WiMi Hologram fundamental ratios Correlations

WiMi Hologram Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WiMi Hologram fundamental ratios Accounts

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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