Mingzhu Capital Lease Obligations from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations will likely drop to 9,053 in 2024. Capital Lease Obligations is the total obligations of Mingzhu Logistics Holdings under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
9.5 K
Current Value
9.1 K
Quarterly Volatility
777.6 K
 
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' Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Mingzhu Logistics Holdings over the last few years. Mingzhu Logistics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Mingzhu Logistics asset purchases. For example, Mingzhu Logistics can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Mingzhu Logistics control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Mingzhu Logistics' Capital Lease Obligations 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.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Mingzhu Capital Lease Obligations Regression Statistics

Arithmetic Mean1,404,679
Geometric Mean694,138
Coefficient Of Variation55.35
Mean Deviation619,686
Median1,781,414
Standard Deviation777,556
Sample Variance604.6B
Range2.5M
R-Value(0.55)
Mean Square Error452.9B
R-Squared0.30
Significance0.03
Slope(95,930)
Total Sum of Squares8.5T

Mingzhu Capital Lease Obligations History

2024 9052.55
2023 9529.0
20221.9 M
20212.5 M
202079.1 K
2019873.4 K
20181.5 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Capital Lease Obligations, 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
Capital Lease Obligations9.5 K9.1 K

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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.