Mingzhu Change To Inventory from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Change To Inventory yearly trend continues to be fairly stable with very little volatility. Change To Inventory will likely drop to 0.00 in 2024. Change To Inventory is the increase or decrease in the amount of inventory Mingzhu Logistics Holdings has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
0.0
Current Value
0.0
Quarterly Volatility
335.9 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' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Mingzhu Logistics Holdings over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Mingzhu Logistics' Change To Inventory 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.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Mingzhu Change To Inventory Regression Statistics

Arithmetic Mean368,646
Geometric Mean0.00
Coefficient Of Variation91.11
Mean Deviation321,318
Median669,881
Standard Deviation335,859
Sample Variance112.8B
Range669.9K
R-Value(0.88)
Mean Square Error26.6B
R-Squared0.78
Significance0.000012
Slope(66,364)
Total Sum of Squares1.6T

Mingzhu Change To Inventory History

2020null
2019 4000.0
2018166.6 K

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Change To Inventory, 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

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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.