Mingzhu Logistics Holdings Stock Current Asset
| YGMZ Stock | USD 0.88 0.07 7.37% |
Mingzhu Logistics Holdings fundamentals help investors to digest information that contributes to Mingzhu Logistics' financial success or failures. It also enables traders to predict the movement of Mingzhu Stock. The fundamental analysis module provides a way to measure Mingzhu Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mingzhu Logistics stock.
Total Current Assets is likely to rise to about 88 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 23.9 M in 2024. Mingzhu | Current Asset |
Mingzhu Logistics Holdings Company Current Asset Analysis
Mingzhu Logistics' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Mingzhu Current Asset Historical Pattern
Today, most investors in Mingzhu Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mingzhu Logistics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mingzhu Logistics current asset as a starting point in their analysis.
Mingzhu Logistics Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Mingzhu Total Assets
Total Assets |
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In accordance with the recently published financial statements, Mingzhu Logistics Holdings has a Current Asset of 0.0. This is 100.0% lower than that of the Ground Transportation sector and 100.0% lower than that of the Industrials industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Mingzhu Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mingzhu Logistics' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mingzhu Logistics could also be used in its relative valuation, which is a method of valuing Mingzhu Logistics by comparing valuation metrics of similar companies.Mingzhu Logistics is currently under evaluation in current asset category among its peers.
Mingzhu Fundamentals
| Return On Equity | 0.0079 | ||||
| Return On Asset | 0.0047 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 22.59 M | ||||
| Shares Outstanding | 6.68 M | ||||
| Shares Owned By Insiders | 28.15 % | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Number Of Shares Shorted | 24.84 K | ||||
| Price To Earning | 97.38 X | ||||
| Price To Book | 0.13 X | ||||
| Price To Sales | 0.07 X | ||||
| Revenue | 89 M | ||||
| Gross Profit | 9.31 M | ||||
| EBITDA | 1.96 M | ||||
| Net Income | 365.09 K | ||||
| Cash And Equivalents | 5.75 M | ||||
| Cash Per Share | 0.25 X | ||||
| Total Debt | 20.39 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 12.95 X | ||||
| Cash Flow From Operations | (10.08 M) | ||||
| Short Ratio | 1.67 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Number Of Employees | 180 | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 5.88 M | ||||
| Total Asset | 127.35 M | ||||
| Retained Earnings | 4.9 M | ||||
| Working Capital | 1.17 M | ||||
| Net Asset | 127.35 M |
About Mingzhu Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mingzhu Logistics Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mingzhu Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mingzhu Logistics Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.