Mingzhu Net Borrowings from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Net Borrowings yearly trend continues to be fairly stable with very little volatility. Net Borrowings will likely drop to about -2.2 M in 2024. Net Borrowings is the difference between the amount of new debt Mingzhu Logistics Holdings has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
-2.1 M
Current Value
-2.2 M
Quarterly Volatility
1.1 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 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' Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Mingzhu Logistics Holdings over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Mingzhu Logistics' Net Borrowings 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 Borrowings10 Years Trend
Pretty Stable
   Net Borrowings   
       Timeline  

Mingzhu Net Borrowings Regression Statistics

Arithmetic Mean(1,929,566)
Geometric Mean2,019,988
Coefficient Of Variation(55.06)
Mean Deviation624,419
Median(2,260,268)
Standard Deviation1,062,485
Sample Variance1.1T
Range4.9M
R-Value0.28
Mean Square Error1.1T
R-Squared0.08
Significance0.32
Slope65,523
Total Sum of Squares15.8T

Mingzhu Net Borrowings History

2024-2.2 M
2023-2.1 M
2021-1.8 M
20201.4 M
2019-788.8 K
2018-3.6 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Net Borrowings, 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 Borrowings-2.1 M-2.2 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.