Mingzhu Average Receivables from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Average Receivables yearly trend continues to be fairly stable with very little volatility. Average Receivables will likely drop to about 9.1 M in 2024. During the period from 2010 to 2024, Mingzhu Logistics Average Receivables regression line of annual values had r-squared of  0.19 and arithmetic mean of  9,603,947. View All Fundamentals
 
Average Receivables  
First Reported
2010-12-31
Previous Quarter
9.5 M
Current Value
9.1 M
Quarterly Volatility
1.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0084 or PTB Ratio of 2.14. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Average Receivables Growth Pattern

Below is the plot of the Average Receivables of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mingzhu Logistics' overall financial position and show how it may be relating to other accounts over time.
Average Receivables10 Years Trend
Slightly volatile
   Average Receivables   
       Timeline  

Mingzhu Average Receivables Regression Statistics

Arithmetic Mean9,603,947
Geometric Mean9,482,906
Coefficient Of Variation18.49
Mean Deviation1,166,176
Median8,701,152
Standard Deviation1,775,774
Sample Variance3.2T
Range6.7M
R-Value0.43
Mean Square Error2.8T
R-Squared0.19
Significance0.11
Slope172,595
Total Sum of Squares44.1T

Mingzhu Average Receivables History

20249.1 M
20239.5 M
202110.6 M
202015.4 M
201910.6 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Average Receivables, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Receivables9.5 M9.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mingzhu Stock Analysis

When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.