Mingzhu Good Will from 2010 to 2025

YGMZ Stock  USD 0.90  0.04  4.26%   
Mingzhu Logistics Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 26 M in 2025. Good Will is an intangible asset that arises when Mingzhu Logistics Holdings acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2010-12-31
Previous Quarter
47.3 M
Current Value
26 M
Quarterly Volatility
17 M
 
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 1.19, Dividend Yield of 0.0084 or PTB Ratio of 2.37. 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' Good Will Growth Pattern

Below is the plot of the Good Will of Mingzhu Logistics Holdings over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Mingzhu Logistics' Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Mingzhu Good Will Regression Statistics

Arithmetic Mean10,485,212
Geometric Mean0.00
Coefficient Of Variation162.45
Mean Deviation14,417,166
Median0.00
Standard Deviation17,033,692
Sample Variance290.1T
Range47.3M
R-Value0.78
Mean Square Error121.9T
R-Squared0.61
Significance0.0004
Slope2,789,431
Total Sum of Squares4352.2T

Mingzhu Good Will History

202526 M
202447.3 M
202341.1 M
202233.2 M
202120.2 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Good Will, 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
Good Will47.3 M26 M

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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.