WiMi Hologram Cloud (WIMI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WIMI SEC filings page.
WiMi Hologram Cloud Inc. (WIMI) reported $60.1M in revenue for fiscal year 2025, down 20.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a smaller operating business whose reported profit was driven outside operations, while financing reshaped a rapidly expanding balance sheet.
In FY2025, net income of$44.0M sat alongside an operating loss of$5.5M , so the headline profit did not come from the core business. Operating cash flow fell78.8% to$16.7M from FY2024 while net income rose sharply, marking a major divergence between reported profit and cash generation.
Assets expanded
Free cash flow fell
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of WiMi Hologram Cloud Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
WiMi Hologram Cloud Inc. has an operating margin of -9.2%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 16/100. This is down from -5.4% the prior year.
WiMi Hologram Cloud Inc.'s revenue declined 20.3% year-over-year, from $75.4M to $60.1M. This contraction results in a growth score of 6/100.
With a current ratio of 3.82, WiMi Hologram Cloud Inc. holds $3.82 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
WiMi Hologram Cloud Inc. converts 14.0% of revenue into free cash flow ($8.4M). This strong cash generation earns a score of 97/100.
WiMi Hologram Cloud Inc. generates a 14.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is up from 7.2% the prior year.
WiMi Hologram Cloud Inc. scores 0.78, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $78.9M against total assets of $513.3M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
WiMi Hologram Cloud Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, WiMi Hologram Cloud Inc. generates $0.38 in operating cash flow ($16.7M OCF vs $44.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
WiMi Hologram Cloud Inc. generated $60.1M in revenue in fiscal year 2025. This represents a decrease of 20.3% from the prior year.
WiMi Hologram Cloud Inc.'s EBITDA was -$4.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
WiMi Hologram Cloud Inc. reported $44.0M in net income in fiscal year 2025. This represents an increase of 341.5% from the prior year.
WiMi Hologram Cloud Inc. earned $2.27 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
WiMi Hologram Cloud Inc. generated $8.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 89.4% from the prior year.
WiMi Hologram Cloud Inc. held $186.9M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
WiMi Hologram Cloud Inc.'s gross margin was 25.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.
WiMi Hologram Cloud Inc.'s operating margin was -9.2% in fiscal year 2025, reflecting core business profitability. This is down 3.8 percentage points from the prior year.
WiMi Hologram Cloud Inc.'s net profit margin was 73.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 60.0 percentage points from the prior year.
WiMi Hologram Cloud Inc.'s ROE was 14.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.8 percentage points from the prior year.
Capital Allocation
WiMi Hologram Cloud Inc. invested $9.0M in research and development in fiscal year 2025. This represents a decrease of 42.1% from the prior year.
WiMi Hologram Cloud Inc. invested $8.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 209673.5% from the prior year.
Not reported for fiscal year 2025.
WIMI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.1M-20.3% | $75.4M-8.8% | $82.6M-15.6% | $98.0M-33.1% | $146.5M+24.8% | $117.4M+156.6% | $45.8M+39.6% | $32.8M+11.0% | $29.5M |
| Cost of Revenue | $44.6M-17.4% | $54.0M-7.1% | $58.1M-40.7% | $98.0M-30.5% | $141.0M+27.3% | $110.7M+142.1% | $45.8M+268.3% | $12.4M+2.1% | $12.2M |
| Gross Profit | $15.5M-27.6% | $21.4M-12.7% | $24.5M+19.4% | $20.5M-47.5% | $39.1M+50.7% | $26.0M+4.7% | $24.8M+21.9% | $20.3M+17.3% | $17.3M |
| R&D Expenses | $9.0M-42.1% | $15.5M-35.7% | $24.2M-50.8% | $49.0M+101.0% | $24.4M+87.4% | $13.0M+394.9% | $2.6M+125.6% | $1.2M-21.7% | $1.5M |
| SG&A Expenses | $3.7M-27.8% | $5.1M-77.6% | $22.7M+210.6% | $7.3M-39.1% | $12.0M+105.6% | $5.8M+1.1% | $5.8M+27.8% | $4.5M+13.6% | $4.0M |
| Operating Income | -$5.5Mn/m | -$4.0Mn/m | -$87.1Mn/m | -$44.3Mn/m | -$41.4Mn/m | -$23.5M-245.3% | $16.2M+10.3% | $14.7M+23.4% | $11.9M |
| EBITDA | -$4.8Mn/m | -$3.2Mn/m | -$86.9Mn/m | -$42.8Mn/m | -$38.4Mn/m | -$21.3M-217.1% | $18.2M+9.2% | $16.6M+20.1% | $13.8M |
| Interest Expense | N/A | N/A | N/A | N/A | $8K-41.3% | $13K | N/A | N/A | N/A |
| Income Tax | $1.0M+14.3% | $913Kn/m | -$357Kn/m | -$520Kn/m | -$131K-129.4% | $445K-0.8% | $449K-61.8% | $1.2M+1347.3% | $81K |
| Net Income | $44.0M+341.5% | $10.0Mn/m | -$59.5Mn/m | -$51.4Mn/m | -$37.0Mn/m | -$23.2M-258.1% | $14.7M+12.9% | $13.0M+15.1% | $11.3M |
| EPS (Basic) | $3.24 | $1.01n/m | -$6.82n/m | -$5.96 | -$0.22n/m | -$0.18-222.6% | $0.15+13.0% | $0.13+15.3% | $0.11 |
| EPS (Diluted) | $2.27 | $1.01n/m | -$6.82n/m | -$5.96 | -$0.22n/m | -$0.18-233.1% | $0.13+5.2% | $0.13+14.1% | $0.11 |
| Diluted Shares (Avg) | 19M | 10M+12.6% | 9M+1.3% | 9M | 167M+29.1% | 129M+19.2% | 109M+7.6% | 101M+0.9% | 100M |
WIMI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $513.3M+71.4% | $299.4M+105.7% | $145.6M-19.6% | $181.0M-23.3% | $236.1M+31.4% | $179.7M+122.5% | $80.8M-8.6% | $88.4M | N/A |
| Current Assets | $501.2M+79.0% | $280.1M+131.5% | $121.0M+25.7% | $96.2M-32.4% | $142.4M+50.7% | $94.5M+271.3% | $25.4M-18.0% | $31.0M | N/A |
| Cash & Equivalents | $186.9M+25.5% | $148.9M+211.9% | $47.7M-41.9% | $82.2M-30.3% | $117.9M+116.7% | $54.4M+194.1% | $18.5M-16.3% | $22.1M+1035.6% | $1.9M |
| Short-Term Investments | $293.5M+148.8% | $118.0M+91.8% | $61.5M+1014.2% | $5.5M+4.9% | $5.3M+4.4% | $5.0Mn/m | $0n/m | $0n/m | $0 |
| Inventory | N/A | N/A | N/A | $345K-67.8% | $1.1M+70.0% | $631K | N/A | N/A | N/A |
| Accounts Receivable | $6.2M+88.1% | $3.3M-1.5% | $3.3M+14.6% | $2.9M-29.0% | $4.1M-84.4% | $26.5M+410.9% | $5.2M-23.9% | $6.8M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0-100.0% | $24.5M+36.3% | $18.0M+2.9% | $17.5Mn/m | $0n/m | $0n/m | $0 |
| Goodwill | N/A | N/A | N/A | $34.9M-19.6% | $43.4M-28.5% | $60.7M+20.3% | $50.5M-1.2% | $51.1M-5.0% | $53.8M |
| Total Liabilities | $134.3M+25.8% | $106.8M+180.6% | $38.0M+138.8% | $15.9M-38.6% | $26.0M+3.7% | $25.0M+24.1% | $20.2M-51.9% | $42.0M | N/A |
| Current Liabilities | $131.0M+26.6% | $103.5M+214.0% | $33.0M+110.5% | $15.7M+8.8% | $14.4M-29.0% | $20.3M+15.7% | $17.5M+162.7% | $6.7M | N/A |
| Non-Current Liabilities | $3.3M+0.3% | $3.2M-36.2% | $5.1M+1769.3% | $272K-97.7% | $11.6M+142.3% | $4.8M+78.7% | $2.7M-92.4% | $35.3M | N/A |
| Total Equity | $314.3M+126.1% | $139.0M+30.7% | $106.3M-29.6% | $151.0M-23.9% | $198.3M+29.7% | $152.8M+152.2% | $60.6M+30.6% | $46.4M+234.6% | $13.9M |
| Retained Earnings | -$78.9Mn/m | -$120.2Mn/m | -$132.8Mn/m | -$74.4Mn/m | -$25.8M-320.7% | $11.7M-64.4% | $32.9M+74.4% | $18.8M | N/A |
Not reported in any period shown, so not listed: Long-Term Debt.
WIMI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.7M-78.8% | $78.9M+531.0% | $12.5Mn/m | -$34.2M-474.9% | $9.1Mn/m | -$10.3M-149.7% | $20.6M+42.7% | $14.5M-12.9% | $16.6M |
| Depreciation & Amortization | $713K-14.9% | $837K+356.2% | $183K-87.8% | $1.5M-48.2% | $2.9M+30.3% | $2.2M+12.1% | $2.0M+1.1% | $2.0M+0.2% | $2.0M |
| Stock-Based Compensation | $3.1M | N/A | $7.9M+748.9% | $926K-44.2% | $1.7M-94.3% | $29.3M | N/A | N/A | N/A |
| Capital Expenditures | $8.4M+209673.5% | $4K-100.0% | $9.6M+5952.4% | $159K-96.0% | $3.9M+5212.7% | $74K+164.4% | $28K+314.8% | $7K-97.8% | $302K |
| Free Cash Flow | $8.4M-89.4% | $78.9M+2626.9% | $2.9Mn/m | -$34.4M-763.8% | $5.2Mn/m | -$10.3M-150.2% | $20.6M+42.5% | $14.5M-11.3% | $16.3M |
| Investing Cash Flow | -$124.5Mn/m | -$62.7Mn/m | -$43.0Mn/m | -$13.0Mn/m | -$37.3Mn/m | -$35.0Mn/m | -$18.1Mn/m | -$14.3Mn/m | -$18.2M |
| Financing Cash Flow | $161.8M+74.3% | $92.9M+16942.0% | $545K-96.5% | $15.6M-82.8% | $90.9M+5.4% | $86.2Mn/m | -$5.9M-129.4% | $20.0M | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
WIMI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.8%-2.6pp | 28.4%-1.3pp | 29.7%+8.7pp | 21.0%-5.8pp | 26.7%+4.6pp | 22.1%-32.1pp | 54.2%-7.9pp | 62.1%+3.3pp | 58.8% |
| Operating Margin | -9.2%-3.8pp | -5.4% | -105.4% | -45.3%-17.0pp | -28.2%-8.2pp | -20.0%-55.4pp | 35.4%-9.4pp | 44.8%+4.5pp | 40.3% |
| Net Margin | 73.2%+60.0pp | 13.2%+85.2pp | -72.0%-19.5pp | -52.4%-27.2pp | -25.3%-5.5pp | -19.7%-51.7pp | 32.0%-7.6pp | 39.6%+1.4pp | 38.2% |
| Return on Equity | 14.0%+6.8pp | 7.2%+63.1pp | -55.9%-21.9pp | -34.0%-15.3pp | -18.7%-3.5pp | -15.2%-39.3pp | 24.2%-3.8pp | 28.0%-53.3pp | 81.3% |
| Return on Assets | 8.6%+5.2pp | 3.3%+44.2pp | -40.8%-12.5pp | -28.4%-12.7pp | -15.7%-2.8pp | -12.9%-31.0pp | 18.1%+3.5pp | 14.7% | N/A |
| Current Ratio | 3.82+1.1x | 2.71-1.0x | 3.67-2.5x | 6.14-3.8x | 9.89+5.2x | 4.66+3.2x | 1.45-3.2x | 4.66 | N/A |
| Liabilities-to-Equity | 0.43-0.3x | 0.77+0.4x | 0.36+0.3x | 0.110.0x | 0.130.0x | 0.16-0.2x | 0.33-0.6x | 0.90 | N/A |
| Asset Turnover | 0.12-0.1x | 0.25-0.3x | 0.570.0x | 0.54-0.1x | 0.620.0x | 0.65+0.1x | 0.57+0.2x | 0.37 | N/A |
| FCF Margin | 14.0% | 104.7% | 3.5%+38.6pp | -35.1%-38.6pp | 3.5%+12.3pp | -8.8%-53.8pp | 45.0%+0.9pp | 44.1%-11.1pp | 55.3% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| WiMi Hologram Cloud Inc. WIMI | FY2025 | $60.1M | $44.0M | 73.2% | $10.8M | 48/100 |
| Able View Global Inc. ABLV | FY2025 | $105.2M | $820K | 0.8% | $120.4M | 41/100 |
| ACCESS Newswire Inc. ACCS | FY2025 | $22.6M | $4.3M | 19.0% | $16.7M | 35/100 |
| Fluent, Inc. FLNT | FY2025 | $208.8M | -$27.2M | -13.0% | $86.9M | 28/100 |
| Stran & Company, Inc. SWAG | FY2025 | $116.2M | -$747K | -0.6% | $24.0M | 53/100 |
Where WiMi Hologram Cloud Inc. Ranks
Frequently Asked Questions
What is WiMi Hologram Cloud Inc.'s annual revenue?
WiMi Hologram Cloud Inc. (WIMI) reported $60.1M in total revenue for fiscal year 2025. This represents a -20.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is WiMi Hologram Cloud Inc.'s revenue growing?
WiMi Hologram Cloud Inc. (WIMI) revenue declined by 20.3% year-over-year, from $75.4M to $60.1M in fiscal year 2025.
Is WiMi Hologram Cloud Inc. profitable?
Yes, WiMi Hologram Cloud Inc. (WIMI) reported a net income of $44.0M in fiscal year 2025, with a net profit margin of 73.2%.
What is WiMi Hologram Cloud Inc.'s EBITDA?
WiMi Hologram Cloud Inc. (WIMI) had EBITDA of -$4.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is WiMi Hologram Cloud Inc.'s gross margin?
WiMi Hologram Cloud Inc. (WIMI) had a gross margin of 25.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is WiMi Hologram Cloud Inc.'s operating margin?
WiMi Hologram Cloud Inc. (WIMI) had an operating margin of -9.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is WiMi Hologram Cloud Inc.'s net profit margin?
WiMi Hologram Cloud Inc. (WIMI) had a net profit margin of 73.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is WiMi Hologram Cloud Inc.'s return on equity (ROE)?
WiMi Hologram Cloud Inc. (WIMI) has a return on equity of 14.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is WiMi Hologram Cloud Inc.'s free cash flow?
WiMi Hologram Cloud Inc. (WIMI) generated $8.4M in free cash flow during fiscal year 2025. This represents a -89.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is WiMi Hologram Cloud Inc.'s operating cash flow?
WiMi Hologram Cloud Inc. (WIMI) generated $16.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are WiMi Hologram Cloud Inc.'s total assets?
WiMi Hologram Cloud Inc. (WIMI) had $513.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are WiMi Hologram Cloud Inc.'s capital expenditures?
WiMi Hologram Cloud Inc. (WIMI) invested $8.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does WiMi Hologram Cloud Inc. spend on research and development?
WiMi Hologram Cloud Inc. (WIMI) invested $9.0M in research and development during fiscal year 2025.
What is WiMi Hologram Cloud Inc.'s current ratio?
WiMi Hologram Cloud Inc. (WIMI) had a current ratio of 3.82 as of fiscal year 2025, which is generally considered healthy.
What is WiMi Hologram Cloud Inc.'s liabilities-to-equity ratio?
WiMi Hologram Cloud Inc. (WIMI) had a liabilities-to-equity ratio of 0.43 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is WiMi Hologram Cloud Inc.'s return on assets (ROA)?
WiMi Hologram Cloud Inc. (WIMI) had a return on assets of 8.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is WiMi Hologram Cloud Inc.'s P/E ratio?
WiMi Hologram Cloud Inc. (WIMI) trades at 0.2x earnings, its market capitalization divided by $44.0M net income, FY2025. The market capitalization is $10.8M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WiMi Hologram Cloud Inc.'s price-to-sales ratio?
WiMi Hologram Cloud Inc. (WIMI) trades at 0.2x sales, its market capitalization divided by $60.1M revenue, FY2025. The market capitalization is $10.8M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WiMi Hologram Cloud Inc.'s Altman Z-Score?
WiMi Hologram Cloud Inc. (WIMI) has an Altman Z-Score of 0.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is WiMi Hologram Cloud Inc.'s Piotroski F-Score?
WiMi Hologram Cloud Inc. (WIMI) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WiMi Hologram Cloud Inc.'s earnings high quality?
WiMi Hologram Cloud Inc. (WIMI) has an earnings quality ratio of 0.38x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is WiMi Hologram Cloud Inc.?
WiMi Hologram Cloud Inc. (WIMI) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.