Mingzhu Historical Balance Sheet

YGMZ Stock  USD 0.88  0.07  7.37%   
Trend analysis of Mingzhu Logistics Holdings balance sheet accounts such as Total Assets of 64.2 M, Short Long Term Debt Total of 10.3 M, Other Current Liabilities of 43.7 M or Total Current Liabilities of 86.8 M provides information on Mingzhu Logistics' total assets, liabilities, and equity, which is the actual value of Mingzhu Logistics to its prevalent stockholders. By breaking down trends over time using Mingzhu Logistics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Mingzhu Logistics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mingzhu Logistics is a good buy for the upcoming year.

Mingzhu Logistics Inventory

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mingzhu Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Mingzhu Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mingzhu Logistics at a specified time, usually calculated after every quarter, six months, or one year. Mingzhu Logistics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mingzhu Logistics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mingzhu currently owns. An asset can also be divided into two categories, current and non-current.

Mingzhu Logistics Balance Sheet Chart

At this time, Mingzhu Logistics' Property Plant And Equipment Gross is fairly stable compared to the past year. Short and Long Term Debt is likely to rise to about 21.3 M in 2024, whereas Total Assets are likely to drop slightly above 64.2 M in 2024.

Total Assets

Total assets refers to the total amount of Mingzhu Logistics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mingzhu Logistics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mingzhu Logistics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mingzhu Logistics Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Mingzhu Logistics has held for over one year. Long-term debt appears on Mingzhu Logistics Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mingzhu Logistics Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Mingzhu Logistics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mingzhu Logistics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mingzhu Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Mingzhu Logistics' Property Plant And Equipment Gross is fairly stable compared to the past year. Short and Long Term Debt is likely to rise to about 21.3 M in 2024, whereas Total Assets are likely to drop slightly above 64.2 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total10.6M12.8M20.4M10.3M
Total Assets82.3M111.5M127.4M64.2M

Mingzhu Logistics balance sheet Correlations

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Mingzhu Logistics Account Relationship Matchups

Mingzhu Logistics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets20.4M33.9M82.3M111.5M127.4M64.2M
Short Long Term Debt Total5.2M7.0M10.6M12.8M20.4M10.3M
Other Current Liab3.4M1.5M19.6M21.4M41.6M43.7M
Total Current Liabilities9.8M12.5M34.3M61.9M82.7M86.8M
Total Stockholder Equity10.0M21.3M47.7M48.1M44.6M29.1M
Net Tangible Assets8.5M10.0M21.3M27.5M31.6M15.9M
Property Plant And Equipment Net4.6M3.4M12.2M9.1M1.5M1.4M
Current Deferred Revenue125.7K77.7K153.4K3.1M6.8M7.2M
Net Debt5.0M4.9M4.9M7.1M16.7M17.5M
Retained Earnings6.2M6.9M5.9M7.7M4.9M6.1M
Accounts Payable1.6M1.4M1.3M6.9M18.4M19.4M
Cash223.5K2.1M5.8M5.7M3.7M2.9M
Non Current Assets Total5.0M3.7M42.7M45.2M44.4M23.9M
Non Currrent Assets Other345.0K262.0K9.5M1.8M1.7M2.2M
Other Assets364.5K293.8K10.4M(847.1K)(974.1K)(925.4K)
Cash And Short Term Investments223.5K2.1M5.8M5.7M3.7M2.9M
Net Receivables13.3M17.5M3.7M45.1M62.9M66.0M
Common Stock Shares Outstanding12.5M9.6M19.0M21.4M25.7M17.6M
Liabilities And Stockholders Equity20.4M33.9M82.3M111.5M127.4M64.2M
Non Current Liabilities Total517.9K164.4K380.1K1.4M121.1K115.0K
Capital Lease Obligations873.4K79.1K2.5M1.9M9.5K9.1K
Inventory104.8K(12.2M)(24.7M)1.1M1.01.05
Other Current Assets1.9M10.6M35.1M17.3M17.3M13.4M
Other Stockholder Equity3.3M13.0M40.9M40.9M40.4M22.6M
Total Liab10.4M12.7M34.7M63.4M82.8M86.9M
Net Invested Capital14.4M28.2M55.8M59.0M64.9M38.1M
Property Plant And Equipment Gross4.6M3.4M27.7M27.8M10.3M13.2M
Short Long Term Debt4.0M6.8M8.0M10.6M20.3M21.3M
Total Current Assets15.4M30.2M39.6M66.3M83.8M88.0M
Accumulated Other Comprehensive Income508.2K1.4M775.8K(513.0K)(746.2K)(708.9K)
Net Working Capital5.6M17.7M5.3M4.3M1.2M1.1M
Short Term Debt4.7M6.8M10.3M11.5M20.3M21.3M
Common Stock9K12.4K19.1K23.0K27.5K17.2K
Property Plant Equipment5.0M4.6M3.4M12.2M14.1M14.8M
Long Term Debt355.9K136.4K179.3K253.4K121.1K115.0K
Capital Stock9K12.4K19.1K23.0K27.5K18.4K

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