WiMi Hologram Cloud (WiMi Hologram Cloud) Equity-to-Asset : 0.73 (As of Dec. 2023)

WiMi Hologram Cloud Equity-to-Asset Chart

WiMi Hologram Cloud Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.84	0.85	0.83	0.82	0.73

Competitive Comparison of WiMi Hologram Cloud's Equity-to-Asset

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

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

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

WiMi Hologram Cloud Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

WiMi Hologram Cloud's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

WiMi Hologram Cloud's Equity to Asset Ratio for the quarter that ended in Dec. 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

WiMi Hologram Cloud Equity-to-Asset Related Terms

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WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description