MingZhu Logistics Holdings annual current ratio
2019
2020
2021
2022
2023
2024
MingZhu Logistics Holdings Current Ratio Growth & History (YGMZF)
MingZhu Logistics Holdings's current ratio was 1.00 for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 1.00 | −0.01 | −1.41% |
| 2023 | 2023-12-31 | 1.01 | −0.37 | −26.85% |
| 2022 | 2022-12-31 | 1.39 | 0.23 | +20.06% |
| 2021 | 2021-12-31 | 1.15 | −1.26 | −52.20% |
| 2020 | 2020-12-31 | 2.42 | 0.85 | +54.11% |
| 2019 | 2019-12-31 | 1.57 | — | — |
MingZhu Logistics Holdings quarterly current ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q2.24
Q4.24
Q2.25
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | 3.76 | 2.82 | +299.88% |
| Q4 2024 | 2024-12-31 | 1.00 | −0.01 | −1.41% |
| Q2 2024 | 2024-06-30 | 0.94 | — | — |
| Q4 2023 | 2023-12-31 | 1.01 | −0.37 | −26.85% |
| Q4 2022 | 2022-12-31 | 1.39 | 0.23 | +20.06% |
| Q4 2021 | 2021-12-31 | 1.15 | −1.26 | −52.20% |
| Q4 2020 | 2020-12-31 | 2.42 | 0.85 | +54.11% |
| Q4 2019 | 2019-12-31 | 1.57 | — | — |
MingZhu Logistics Holdings current ratio trends
Over the last five fiscal years, MingZhu Logistics Holdings's current ratio decreased from 1.57 to 1.00, a change of −0.57. The latest reported quarter, Q2 2025, shows 3.76.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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