Mingzhu Reconciled Depreciation from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Reconciled Depreciation yearly trend continues to be fairly stable with very little volatility. Reconciled Depreciation will likely drop to about 834.6 K in 2024. During the period from 2010 to 2024, Mingzhu Logistics Reconciled Depreciation regression line of annual values had r-squared of  0.05 and arithmetic mean of  1,416,204. View All Fundamentals
 
Reconciled Depreciation  
First Reported
2010-12-31
Previous Quarter
878.6 K
Current Value
834.6 K
Quarterly Volatility
695 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' Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Reconciled Depreciation 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.
Reconciled Depreciation10 Years Trend
Pretty Stable
   Reconciled Depreciation   
       Timeline  

Mingzhu Reconciled Depreciation Regression Statistics

Arithmetic Mean1,416,204
Geometric Mean1,325,178
Coefficient Of Variation49.08
Mean Deviation340,436
Median1,248,411
Standard Deviation695,026
Sample Variance483.1B
Range3M
R-Value0.23
Mean Square Error493.9B
R-Squared0.05
Significance0.42
Slope34,990
Total Sum of Squares6.8T

Mingzhu Reconciled Depreciation History

2024834.6 K
2023878.6 K
20223.8 M
20211.4 M
20201.5 M
20191.4 M
20181.4 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Reconciled Depreciation, 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
Reconciled Depreciation878.6 K834.6 K

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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.