Mingzhu Net Receivables from 2010 to 2024

YGMZ Stock  USD 1.08  0.03  2.70%   
Mingzhu Logistics Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. During the period from 2010 to 2024, Mingzhu Logistics Net Receivables regression line of annual values had r-squared of  0.49 and arithmetic mean of  19,501,579. View All Fundamentals
 
Net Receivables  
First Reported
2018-12-31
Previous Quarter
31.6 M
Current Value
31.6 M
Quarterly Volatility
14 M
 
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' Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Mingzhu Net Receivables Regression Statistics

Arithmetic Mean19,501,579
Geometric Mean13,440,002
Coefficient Of Variation105.56
Mean Deviation15,408,051
Median9,514,913
Standard Deviation20,586,269
Sample Variance423.8T
Range62.4M
R-Value0.70
Mean Square Error233.6T
R-Squared0.49
Significance0
Slope3,216,199
Total Sum of Squares5933.1T

Mingzhu Net Receivables History

202466 M
202362.9 M
202245.1 M
20213.7 M
202017.5 M
201913.3 M
20187.9 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Net Receivables, 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
Net Receivables62.9 M66 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.