Mingzhu Logistics Holdings Stock Total 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.
Last ReportedProjected for Next Year
Total Assets127.4 M64.2 M
Intangibles To Total Assets 0.32  0.34 
Intangibles To Total Assets is likely to rise to 0.34 in 2024, whereas Total Assets are likely to drop slightly above 64.2 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mingzhu Logistics Holdings Company Total Asset Analysis

Mingzhu Logistics' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Mingzhu Logistics Total Asset

    
  127.35 M  
Most of Mingzhu Logistics' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mingzhu Logistics Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Mingzhu Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Mingzhu Logistics is extremely important. It helps to project a fair market value of Mingzhu Stock properly, considering its historical fundamentals such as Total Asset. Since Mingzhu Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mingzhu Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mingzhu Logistics' interrelated accounts and indicators.
0.960.930.750.650.640.70.760.870.980.80.890.140.821.00.88-0.770.990.89
0.960.970.640.520.760.580.640.790.990.720.840.320.750.950.85-0.850.950.75
0.930.970.610.50.790.550.620.730.980.70.810.470.710.930.75-0.890.920.73
0.750.640.610.970.450.990.980.960.70.970.94-0.080.960.780.86-0.640.810.88
0.650.520.50.970.30.990.930.910.590.960.88-0.150.950.690.8-0.570.710.79
0.640.760.790.450.30.380.520.540.730.50.650.70.490.620.5-0.890.630.49
0.70.580.550.990.990.380.960.940.640.970.91-0.120.960.740.83-0.60.760.84
0.760.640.620.980.930.520.960.950.70.950.940.010.930.780.81-0.660.80.91
0.870.790.730.960.910.540.940.950.830.970.99-0.040.970.880.95-0.720.910.91
0.980.990.980.70.590.730.640.70.830.770.870.290.790.980.87-0.850.970.81
0.80.720.70.970.960.50.970.950.970.770.970.031.00.830.89-0.740.850.84
0.890.840.810.940.880.650.910.940.990.870.970.130.970.90.92-0.810.920.89
0.140.320.47-0.08-0.150.7-0.120.01-0.040.290.030.130.00.14-0.12-0.580.14-0.04
0.820.750.710.960.950.490.960.930.970.791.00.970.00.840.92-0.740.860.83
1.00.950.930.780.690.620.740.780.880.980.830.90.140.840.89-0.771.00.9
0.880.850.750.860.80.50.830.810.950.870.890.92-0.120.920.89-0.680.910.81
-0.77-0.85-0.89-0.64-0.57-0.89-0.6-0.66-0.72-0.85-0.74-0.81-0.58-0.74-0.77-0.68-0.78-0.61
0.990.950.920.810.710.630.760.80.910.970.850.920.140.861.00.91-0.780.9
0.890.750.730.880.790.490.840.910.910.810.840.89-0.040.830.90.81-0.610.9
Click cells to compare fundamentals

Mingzhu Total 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 total 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 total asset as a starting point in their analysis.
   Mingzhu Logistics Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Mingzhu Total Assets

Total Assets

64.22 Million

At this time, Mingzhu Logistics' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Mingzhu Logistics Holdings has a Total Asset of 127.35 M. This is 96.82% lower than that of the Ground Transportation sector and 94.23% lower than that of the Industrials industry. The total asset for all United States stocks is 99.57% higher than that of the company.

Mingzhu Total 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 Total 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 total asset category among its peers.

Mingzhu Logistics Institutional Holders

Institutional Holdings refers to the ownership stake in Mingzhu Logistics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mingzhu Logistics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mingzhu Logistics' value.
Shares
Advisor Group Holdings, Inc.2024-09-30
625
Renaissance Technologies Corp2024-06-30
0.0
Mariner Wealth Advisors Llc2024-06-30
0.0

Mingzhu Fundamentals

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.

Also Currently Popular

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.