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.
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 |
|
Mingzhu |
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
Add Fundamental
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.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 Total | 10.6M | 12.8M | 20.4M | 10.3M | Total Assets | 82.3M | 111.5M | 127.4M | 64.2M |
Mingzhu Logistics balance sheet Correlations
Click cells to compare fundamentals
Mingzhu Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mingzhu Logistics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.4M | 33.9M | 82.3M | 111.5M | 127.4M | 64.2M | |
Short Long Term Debt Total | 5.2M | 7.0M | 10.6M | 12.8M | 20.4M | 10.3M | |
Other Current Liab | 3.4M | 1.5M | 19.6M | 21.4M | 41.6M | 43.7M | |
Total Current Liabilities | 9.8M | 12.5M | 34.3M | 61.9M | 82.7M | 86.8M | |
Total Stockholder Equity | 10.0M | 21.3M | 47.7M | 48.1M | 44.6M | 29.1M | |
Net Tangible Assets | 8.5M | 10.0M | 21.3M | 27.5M | 31.6M | 15.9M | |
Property Plant And Equipment Net | 4.6M | 3.4M | 12.2M | 9.1M | 1.5M | 1.4M | |
Current Deferred Revenue | 125.7K | 77.7K | 153.4K | 3.1M | 6.8M | 7.2M | |
Net Debt | 5.0M | 4.9M | 4.9M | 7.1M | 16.7M | 17.5M | |
Retained Earnings | 6.2M | 6.9M | 5.9M | 7.7M | 4.9M | 6.1M | |
Accounts Payable | 1.6M | 1.4M | 1.3M | 6.9M | 18.4M | 19.4M | |
Cash | 223.5K | 2.1M | 5.8M | 5.7M | 3.7M | 2.9M | |
Non Current Assets Total | 5.0M | 3.7M | 42.7M | 45.2M | 44.4M | 23.9M | |
Non Currrent Assets Other | 345.0K | 262.0K | 9.5M | 1.8M | 1.7M | 2.2M | |
Other Assets | 364.5K | 293.8K | 10.4M | (847.1K) | (974.1K) | (925.4K) | |
Cash And Short Term Investments | 223.5K | 2.1M | 5.8M | 5.7M | 3.7M | 2.9M | |
Net Receivables | 13.3M | 17.5M | 3.7M | 45.1M | 62.9M | 66.0M | |
Common Stock Shares Outstanding | 12.5M | 9.6M | 19.0M | 21.4M | 25.7M | 17.6M | |
Liabilities And Stockholders Equity | 20.4M | 33.9M | 82.3M | 111.5M | 127.4M | 64.2M | |
Non Current Liabilities Total | 517.9K | 164.4K | 380.1K | 1.4M | 121.1K | 115.0K | |
Capital Lease Obligations | 873.4K | 79.1K | 2.5M | 1.9M | 9.5K | 9.1K | |
Inventory | 104.8K | (12.2M) | (24.7M) | 1.1M | 1.0 | 1.05 | |
Other Current Assets | 1.9M | 10.6M | 35.1M | 17.3M | 17.3M | 13.4M | |
Other Stockholder Equity | 3.3M | 13.0M | 40.9M | 40.9M | 40.4M | 22.6M | |
Total Liab | 10.4M | 12.7M | 34.7M | 63.4M | 82.8M | 86.9M | |
Net Invested Capital | 14.4M | 28.2M | 55.8M | 59.0M | 64.9M | 38.1M | |
Property Plant And Equipment Gross | 4.6M | 3.4M | 27.7M | 27.8M | 10.3M | 13.2M | |
Short Long Term Debt | 4.0M | 6.8M | 8.0M | 10.6M | 20.3M | 21.3M | |
Total Current Assets | 15.4M | 30.2M | 39.6M | 66.3M | 83.8M | 88.0M | |
Accumulated Other Comprehensive Income | 508.2K | 1.4M | 775.8K | (513.0K) | (746.2K) | (708.9K) | |
Net Working Capital | 5.6M | 17.7M | 5.3M | 4.3M | 1.2M | 1.1M | |
Short Term Debt | 4.7M | 6.8M | 10.3M | 11.5M | 20.3M | 21.3M | |
Common Stock | 9K | 12.4K | 19.1K | 23.0K | 27.5K | 17.2K | |
Property Plant Equipment | 5.0M | 4.6M | 3.4M | 12.2M | 14.1M | 14.8M | |
Long Term Debt | 355.9K | 136.4K | 179.3K | 253.4K | 121.1K | 115.0K | |
Capital Stock | 9K | 12.4K | 19.1K | 23.0K | 27.5K | 18.4K |
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.