MingZhu Logistics Holdings (MingZhu Logistics Holdings) Total Stockholders Equity : $44.56 Mil (As of Dec. 2023)

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What is MingZhu Logistics Holdings Total Stockholders Equity?

MingZhu Logistics Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.56 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. MingZhu Logistics Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $1.62. The ratio of a company's debt over equity can be used to measure how leveraged this company is. MingZhu Logistics Holdings's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.46.

MingZhu Logistics Holdings Total Stockholders Equity Historical Data

The historical data trend for MingZhu Logistics Holdings's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MingZhu Logistics Holdings Total Stockholders Equity Chart

MingZhu Logistics Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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10.03

21.27

41.67

48.10

44.56

MingZhu Logistics Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial							41.67	64.72	48.10	46.37	44.56

MingZhu Logistics Holdings (NAS:YGMZ) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

MingZhu Logistics Holdings's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(44.557	-	0)	/	27.5294
	=	1.62

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

MingZhu Logistics Holdings's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.265	+	0.121)	/	44.557
	=	0.46

MingZhu Logistics Holdings Total Stockholders Equity Related Terms

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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MingZhu Logistics Holdings Ltd (NAS:YGMZ) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3018 Shayan Road, 27F, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081

Website

http://www.szygmz.com

MingZhu Logistics Holdings Ltd provides transportation and logistics services. The firm offers 3A-grade trucking services in China. It operates a self-owned truckload fleet with more than 130 tractors and 90 trailers. The firm's transportation services are operated out of two terminals: Guangdong region, and Xinjiang region. The company's customers include sizeable logistics companies, freight forwarders, and warehouse operators. The firm derives its key revenue from the trucking service business.