Mingzhu Debt Ratio from 2010 to 2024

YGMZ Stock

USD 1.08 0.03 2.70%

Mingzhu Logistics Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Mingzhu Logistics Debt Ratio regression line of annual values had r-squared of 0.45 and arithmetic mean of 0.19. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.15999763

Current Value

0.19

Quarterly Volatility

0.04327894

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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' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Debt Ratio 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.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Mingzhu Debt Ratio Regression Statistics

	Arithmetic Mean	0.19
	Geometric Mean	0.19
	Coefficient Of Variation	22.33
	Mean Deviation	0.03
	Median	0.22
	Standard Deviation	0.04
	Sample Variance	0
	Range	0.123
	R-Value	(0.67)
	Mean Square Error	0
	R-Squared	0.45
	Significance	0.01
	Slope	(0.01)
	Total Sum of Squares	0.03

Mingzhu Debt Ratio History

	2024	0.19
	2022	0.1
	2021	0.0992
	2020	0.2
	2019	0.21
	2018	0.16

Other Fundumenentals of Mingzhu Logistics

Cash Flow To Debt Ratio

Mingzhu Logistics Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Capital Stock	Intangible Assets
Total Assets		0.96	0.93	0.75	0.65	0.64	0.7	0.76	0.87	0.98	0.8	0.89	0.14	0.82	1.0	0.88	-0.77	0.99	0.89
Total Stockholder Equity	0.96		0.97	0.64	0.52	0.76	0.58	0.64	0.79	0.99	0.72	0.84	0.32	0.75	0.95	0.85	-0.85	0.95	0.75
Net Tangible Assets	0.93	0.97		0.61	0.5	0.79	0.55	0.62	0.73	0.98	0.7	0.81	0.47	0.71	0.93	0.75	-0.89	0.92	0.73
Current Deferred Revenue	0.75	0.64	0.61		0.97	0.45	0.99	0.98	0.96	0.7	0.97	0.94	-0.08	0.96	0.78	0.86	-0.64	0.81	0.88
Net Debt	0.65	0.52	0.5	0.97		0.3	0.99	0.93	0.91	0.59	0.96	0.88	-0.15	0.95	0.69	0.8	-0.57	0.71	0.79
Retained Earnings	0.64	0.76	0.79	0.45	0.3		0.38	0.52	0.54	0.73	0.5	0.65	0.7	0.49	0.62	0.5	-0.89	0.63	0.49
Accounts Payable	0.7	0.58	0.55	0.99	0.99	0.38		0.96	0.94	0.64	0.97	0.91	-0.12	0.96	0.74	0.83	-0.6	0.76	0.84
Net Receivables	0.76	0.64	0.62	0.98	0.93	0.52	0.96		0.95	0.7	0.95	0.94	0.01	0.93	0.78	0.81	-0.66	0.8	0.91
Total Liab	0.87	0.79	0.73	0.96	0.91	0.54	0.94	0.95		0.83	0.97	0.99	-0.04	0.97	0.88	0.95	-0.72	0.91	0.91
Net Invested Capital	0.98	0.99	0.98	0.7	0.59	0.73	0.64	0.7	0.83		0.77	0.87	0.29	0.79	0.98	0.87	-0.85	0.97	0.81
Short Long Term Debt	0.8	0.72	0.7	0.97	0.96	0.5	0.97	0.95	0.97	0.77		0.97	0.03	1.0	0.83	0.89	-0.74	0.85	0.84
Total Current Assets	0.89	0.84	0.81	0.94	0.88	0.65	0.91	0.94	0.99	0.87	0.97		0.13	0.97	0.9	0.92	-0.81	0.92	0.89
Net Working Capital	0.14	0.32	0.47	-0.08	-0.15	0.7	-0.12	0.01	-0.04	0.29	0.03	0.13		0.0	0.14	-0.12	-0.58	0.14	-0.04
Short Term Debt	0.82	0.75	0.71	0.96	0.95	0.49	0.96	0.93	0.97	0.79	1.0	0.97	0.0		0.84	0.92	-0.74	0.86	0.83
Common Stock	1.0	0.95	0.93	0.78	0.69	0.62	0.74	0.78	0.88	0.98	0.83	0.9	0.14	0.84		0.89	-0.77	1.0	0.9
Property Plant Equipment	0.88	0.85	0.75	0.86	0.8	0.5	0.83	0.81	0.95	0.87	0.89	0.92	-0.12	0.92	0.89		-0.68	0.91	0.81
Long Term Debt	-0.77	-0.85	-0.89	-0.64	-0.57	-0.89	-0.6	-0.66	-0.72	-0.85	-0.74	-0.81	-0.58	-0.74	-0.77	-0.68		-0.78	-0.61
Capital Stock	0.99	0.95	0.92	0.81	0.71	0.63	0.76	0.8	0.91	0.97	0.85	0.92	0.14	0.86	1.0	0.91	-0.78		0.9
Intangible Assets	0.89	0.75	0.73	0.88	0.79	0.49	0.84	0.91	0.91	0.81	0.84	0.89	-0.04	0.83	0.9	0.81	-0.61	0.9

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About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Debt Ratio, 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 Reported	Projected for Next Year
Debt Ratio	0.16	0.19
Cash Flow To Debt Ratio	(0.49)	(0.52)

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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.

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Mingzhu Debt Ratio from 2010 to 2024

Latest Mingzhu Logistics' Debt Ratio Growth Pattern

Mingzhu Debt Ratio Regression Statistics

Mingzhu Debt Ratio History

Other Fundumenentals of Mingzhu Logistics

Mingzhu Logistics Debt Ratio component correlations

About Mingzhu Logistics Financial Statements

Also Currently Popular

Additional Tools for Mingzhu Stock Analysis

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