YGMZF (MingZhu Logistics Holdings) Current Ratio: 3.76 (As of Jun. 2025) — 154% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MingZhu Logistics Holdings Current Ratio?

MingZhu Logistics Holdings YGMZF +68.42% Current Ratio is 3.76 as of Jun. 2025, which is 154% above its 10-year median of 1.48. The stock has 7 warning signs investors should review. Among 1,005 Transportation companies, MingZhu Logistics Holdings ranks better than 87.96% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. MingZhu Logistics Holdings's current ratio for the quarter that ended in Jun. 2025 was 3.76.

MingZhu Logistics Holdings has a current ratio of 3.76. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for MingZhu Logistics Holdings's Current Ratio or its related term are showing as below:

YGMZF' s Current Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.48   Max: 4.07
Current: 3.76

During the past 8 years, MingZhu Logistics Holdings's highest Current Ratio was 4.07. The lowest was 0.94. And the median was 1.48.

YGMZF's Current Ratio is ranked better than
87.96% of 1005 companies
in the Transportation industry
Industry Median: 1.46 vs YGMZF: 3.76

MingZhu Logistics Holdings  (OTCPK:YGMZF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


MingZhu Logistics Holdings Current Ratio Related Terms


MingZhu Logistics Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for MingZhu Logistics Holdings's Current Ratio 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.

MingZhu Logistics Holdings Current Ratio Chart

MingZhu Logistics Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial 2.42 1.15 1.39 1.01 1.00

MingZhu Logistics Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 1.01 0.94 1.00 3.76

YGMZF vs ODFL, XPO, KNX: Current Ratio Comparison

For the Trucking subindustry, MingZhu Logistics Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MingZhu Logistics Holdings Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Current Ratio falls into.



MingZhu Logistics Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

MingZhu Logistics Holdings's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=44.973/44.984
=1.00

MingZhu Logistics Holdings's Current Ratio for the quarter that ended in Jun. 2025 is calculated as

Current Ratio (Q: Jun. 2025 )=Total Current Assets (Q: Jun. 2025 )/Total Current Liabilities (Q: Jun. 2025 )
=84.091/22.393
=3.76

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 3.76 mean?
MingZhu Logistics Holdings (YGMZF) has a Current Ratio of 3.76 as of Jun. 2025. This is 154% above median its historical median of 1.48. Over the past decade, MingZhu Logistics Holdings' Current Ratio has ranged from 0.94 to 4.07. According to the industry distribution chart, MingZhu Logistics Holdings ranks #121 out of 1005 companies in the Transportation industry, placing it in the top 12%.
Is MingZhu Logistics Holdings' Current Ratio too high?
MingZhu Logistics Holdings' current Current Ratio of 3.76 is 154% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 4.07. The Transportation industry median Current Ratio is 1.46. MingZhu Logistics Holdings' value of 3.76 is 157.5% above this industry median. Based on the distribution chart, MingZhu Logistics Holdings ranks #121 out of 1005 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers.
How does MingZhu Logistics Holdings' Current Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, MingZhu Logistics Holdings ranks #121 out of 1005 companies for Current Ratio. This places MingZhu Logistics Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.46. MingZhu Logistics Holdings' value of 3.76 is 157.5% above this benchmark. Historically, MingZhu Logistics Holdings' own Current Ratio has ranged from 0.94 to 4.07 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.46, MingZhu Logistics Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MingZhu Logistics Holdings's current Current Ratio of 3.76 is 157.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingZhu Logistics Holdings's current Current Ratio is 3.76, which is 154% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingZhu Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, MingZhu Logistics Holdings (YGMZF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.40, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Current Ratio is 3.76, which is 154% above median its 10-year median of 1.48 and 157.5% above the Transportation industry median of 1.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For MingZhu Logistics Holdings (YGMZF), the current Current Ratio is 3.76 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MingZhu Logistics Holdings Business Description

Address No. 3018 Shayan Road, 27th Floor, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
MingZhu Logistics Holdings Ltd is a Holding company. Its business activities include trucking services and car owner services. The segments of the company are the trucking business, car owner services business, and liquor distribution business.