Ming Net Debt from 2010 to 2024

MSW Stock  USD 6.42  0.69  12.04%   
Ming Shing Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about 3.9 M in 2024. Net Debt is the total debt of Ming Shing Group minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
5.8 M
Current Value
3.9 M
Quarterly Volatility
1.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ming Shing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ming Shing's main balance sheet or income statement drivers, such as Tax Provision of 419.4 K, Interest Expense of 172.5 K or Selling General Administrative of 764.9 K, as well as many indicators such as . Ming financial statements analysis is a perfect complement when working with Ming Shing Valuation or Volatility modules.
  
Check out the analysis of Ming Shing Correlation against competitors.

Latest Ming Shing's Net Debt Growth Pattern

Below is the plot of the Net Debt of Ming Shing Group over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Ming Shing's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ming Shing's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Ming Net Debt Regression Statistics

Arithmetic Mean1,690,311
Geometric Mean1,147,820
Coefficient Of Variation105.21
Mean Deviation1,430,309
Median715,100
Standard Deviation1,778,348
Sample Variance3.2T
Range5.1M
R-Value0.74
Mean Square Error1.5T
R-Squared0.55
Significance0
Slope294,795
Total Sum of Squares44.3T

Ming Net Debt History

20243.9 M
20235.8 M
2022M
20212.8 M

About Ming Shing Financial Statements

Ming Shing investors use historical fundamental indicators, such as Ming Shing's Net Debt, 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 Ming Shing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt5.8 M3.9 M

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Additional Tools for Ming Stock Analysis

When running Ming Shing's price analysis, check to measure Ming Shing's 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 Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.