Mingzhu Free Cash Flow vs Free Cash Flow Per Share Analysis

YGMZ Stock  USD 1.16  0.01  0.87%   
Mingzhu Logistics financial indicator trend analysis is infinitely more than just investigating Mingzhu Logistics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mingzhu Logistics is a good investment. Please check the relationship between Mingzhu Logistics Free Cash Flow and its Free Cash Flow Per Share accounts. 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.

Free Cash Flow vs Free Cash Flow Per Share

Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mingzhu Logistics Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mingzhu Logistics' Free Cash Flow and Free Cash Flow Per Share is 0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Mingzhu Logistics Holdings, assuming nothing else is changed. The correlation between historical values of Mingzhu Logistics' Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Mingzhu Logistics Holdings are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Mingzhu Logistics' Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Mingzhu Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 2.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense396.2K1.4M450.3K576.3K
Depreciation And Amortization1.4M2.2M878.6K1.6M

Mingzhu Logistics fundamental ratios Correlations

0.950.820.870.960.930.10.750.650.640.70.90.970.520.130.90.760.910.96-0.15-0.3-0.250.80.970.870.98
0.950.850.870.850.86-0.110.810.760.480.790.750.880.40.020.750.790.90.95-0.32-0.43-0.150.680.880.870.91
0.820.850.980.750.68-0.250.960.940.450.950.670.790.41-0.030.670.910.70.87-0.36-0.5-0.060.620.770.980.79
0.870.870.980.790.73-0.230.960.910.540.940.720.810.35-0.110.720.950.740.88-0.29-0.51-0.010.620.811.00.83
0.960.850.750.790.970.260.640.520.760.580.980.960.690.330.980.640.910.88-0.15-0.24-0.480.921.00.790.99
0.930.860.680.730.970.150.610.50.790.550.920.890.590.270.920.620.970.82-0.2-0.38-0.50.880.960.730.98
0.1-0.11-0.25-0.230.260.15-0.47-0.560.09-0.530.410.310.640.750.41-0.480.010.070.340.82-0.550.450.27-0.230.17
0.750.810.960.960.640.61-0.470.970.450.990.530.660.15-0.30.530.980.640.79-0.31-0.660.160.430.650.960.7
0.650.760.940.910.520.5-0.560.970.30.990.40.550.12-0.290.40.930.570.7-0.48-0.690.160.350.540.910.59
0.640.480.450.540.760.790.090.450.30.380.730.590.390.130.730.520.670.490.01-0.46-0.390.650.70.540.73
0.70.790.950.940.580.55-0.530.990.990.380.460.60.12-0.310.460.960.610.75-0.38-0.680.180.380.590.940.64
0.90.750.670.720.980.920.410.530.40.730.460.940.750.421.00.540.850.81-0.07-0.09-0.550.940.970.720.95
0.970.880.790.810.960.890.310.660.550.590.60.940.680.320.940.640.830.96-0.09-0.09-0.350.870.980.820.96
0.520.40.410.350.690.590.640.150.120.390.120.750.680.890.750.060.50.51-0.20.24-0.830.90.690.350.63
0.130.02-0.03-0.110.330.270.75-0.3-0.290.13-0.310.420.320.890.42-0.40.180.11-0.130.47-0.880.650.33-0.110.26
0.90.750.670.720.980.920.410.530.40.730.461.00.940.750.420.540.850.81-0.07-0.09-0.550.940.970.720.95
0.760.790.910.950.640.62-0.480.980.930.520.960.540.640.06-0.40.540.660.76-0.27-0.690.210.390.640.950.7
0.910.90.70.740.910.970.010.640.570.670.610.850.830.50.180.850.660.8-0.31-0.46-0.460.810.910.740.94
0.960.950.870.880.880.820.070.790.70.490.750.810.960.510.110.810.760.8-0.13-0.24-0.130.730.910.880.91
-0.15-0.32-0.36-0.29-0.15-0.20.34-0.31-0.480.01-0.38-0.07-0.09-0.2-0.13-0.07-0.27-0.31-0.130.470.3-0.24-0.15-0.28-0.19
-0.3-0.43-0.5-0.51-0.24-0.380.82-0.66-0.69-0.46-0.68-0.09-0.090.240.47-0.09-0.69-0.46-0.240.47-0.12-0.07-0.21-0.51-0.31
-0.25-0.15-0.06-0.01-0.48-0.5-0.550.160.16-0.390.18-0.55-0.35-0.83-0.88-0.550.21-0.46-0.130.3-0.12-0.75-0.46-0.01-0.42
0.80.680.620.620.920.880.450.430.350.650.380.940.870.90.650.940.390.810.73-0.24-0.07-0.750.920.620.89
0.970.880.770.811.00.960.270.650.540.70.590.970.980.690.330.970.640.910.91-0.15-0.21-0.460.920.810.99
0.870.870.981.00.790.73-0.230.960.910.540.940.720.820.35-0.110.720.950.740.88-0.28-0.51-0.010.620.810.83
0.980.910.790.830.990.980.170.70.590.730.640.950.960.630.260.950.70.940.91-0.19-0.31-0.420.890.990.83
Click cells to compare fundamentals

Mingzhu Logistics Account Relationship Matchups

Mingzhu Logistics fundamental ratios 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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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.