Mingzhu Depreciation And Amortization from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Depreciation And Amortization yearly trend continues to be fairly stable with very little volatility. Depreciation And Amortization is likely to outpace its year average in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
878.6 K
Current Value
1.6 M
Quarterly Volatility
285.7 K
 
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' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Mingzhu Logistics Holdings over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Mingzhu Logistics' Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Mingzhu Depreciation And Amortization Regression Statistics

Arithmetic Mean1,367,824
Geometric Mean1,342,979
Coefficient Of Variation20.88
Mean Deviation192,609
Median1,248,411
Standard Deviation285,661
Sample Variance81.6B
Range1.3M
R-Value0.40
Mean Square Error73.6B
R-Squared0.16
Significance0.14
Slope25,784
Total Sum of Squares1.1T

Mingzhu Depreciation And Amortization History

20241.6 M
2023878.6 K
20222.2 M
20211.4 M
20201.5 M
20191.5 M
20181.4 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Depreciation And Amortization, 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
Depreciation And Amortization878.6 K1.6 M

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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.