Mingzhu Net Tangible Assets from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 15.9 M in 2024. Net Tangible Assets is the total assets of Mingzhu Logistics Holdings minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
31.6 M
Current Value
15.9 M
Quarterly Volatility
9.9 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 4.98, Dividend Yield of 0.0084 or PTB Ratio of 9.96. 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' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Mingzhu Logistics Holdings over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Mingzhu Logistics' Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Mingzhu Net Tangible Assets Regression Statistics

Arithmetic Mean12,181,730
Geometric Mean9,204,393
Coefficient Of Variation81.26
Mean Deviation8,394,793
Median5,040,587
Standard Deviation9,898,840
Sample Variance98T
Range26.6M
R-Value0.81
Mean Square Error36.8T
R-Squared0.65
Significance0.0003
Slope1,786,386
Total Sum of Squares1371.8T

Mingzhu Net Tangible Assets History

202415.9 M
202331.6 M
202127.5 M
202021.3 M
201910 M
20188.5 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Net Tangible Assets, 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
Net Tangible Assets31.6 M15.9 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.