WMIH Corp. (NASDAQ:WMIH) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 217.00M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to step back and get a bird’s eye view of the fundamental reality under the surface of this story.
WMIH Corp. (NASDAQ:WMIH) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For WMIH, the company currently has 611.51 million of cash on the books. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 717.03 million in total assets, balanced by 32.9 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
WMIH Corp. (WMIH) saw -4.62 million in free cash flow last quarter, representing a quarterly net change in cash of 15.84 million. Perhaps most importantly where cash movements are concerned, the company saw about -4.62 million in net operating cash flow.
WMIH Corp. (NASDAQ:WMIH) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 2.03 million in total revenues. That represents a quarterly year/year change in revenues of 0.46 in sequential terms, the WMIH saw sales decline by 0.26.
But what about the bottom line? After all, that’s what really matters in the end. WMIH Corp. (WMIH) is intriguing when broken down to its core data. For shareholders, given the total diluted outstanding shares of 202.63 million, this means overall earnings per share of -0.13.
Is WMIH Corp. (NASDAQ:WMIH) Valuation Attractive
One should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on WMIH Corp..