Mingzhu Debt To Equity from 2010 to 2024
| YGMZ Stock | USD 0.88 0.07 7.37% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.45731105 | Current Value 0.42 | Quarterly Volatility 0.23154103 |
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.
Mingzhu | Debt To Equity |
Latest Mingzhu Logistics' Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Mingzhu Logistics Holdings over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Mingzhu Logistics' Debt To Equity 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.
| View | Last Reported 0.22 % | 10 Years Trend |
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Debt To Equity |
| Timeline |
Mingzhu Debt To Equity Regression Statistics
| Arithmetic Mean | 0.56 | |
| Geometric Mean | 0.51 | |
| Coefficient Of Variation | 41.11 | |
| Mean Deviation | 0.21 | |
| Median | 0.76 | |
| Standard Deviation | 0.23 | |
| Sample Variance | 0.05 | |
| Range | 0.5912 | |
| R-Value | (0.80) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.64 | |
| Significance | 0.0003 | |
| Slope | (0.04) | |
| Total Sum of Squares | 0.75 |
Mingzhu Debt To Equity History
About Mingzhu Logistics Financial Statements
Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Debt To Equity, 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 Reported | Projected for Next Year | ||
| Debt To Equity | 0.46 | 0.42 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.