MingZhu Logistics Holdings annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
MingZhu Logistics Holdings Debt-to-Assets Ratio Growth & History (YGMZF)
MingZhu Logistics Holdings's debt-to-assets ratio was 0.04 for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.04 | −0.02 | −28.65% |
| 2023 | 2023-12-31 | 0.06 | −0.05 | −45.06% |
| 2022 | 2022-12-31 | 0.10 | −0.00 | −0.33% |
| 2021 | 2021-12-31 | 0.11 | −0.10 | −48.46% |
| 2020 | 2020-12-31 | 0.20 | 0.02 | +11.58% |
| 2019 | 2019-12-31 | 0.18 | — | — |
MingZhu Logistics Holdings quarterly debt-to-assets ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q2.24
Q4.24
Q2.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | 0.03 | −0.02 | −37.59% |
| Q4 2024 | 2024-12-31 | 0.04 | −0.02 | −28.65% |
| Q2 2024 | 2024-06-30 | 0.05 | — | — |
| Q4 2023 | 2023-12-31 | 0.06 | −0.05 | −45.06% |
| Q4 2022 | 2022-12-31 | 0.10 | −0.00 | −0.33% |
| Q4 2021 | 2021-12-31 | 0.11 | −0.10 | −48.46% |
| Q4 2020 | 2020-12-31 | 0.20 | 0.02 | +11.58% |
| Q4 2019 | 2019-12-31 | 0.18 | — | — |
MingZhu Logistics Holdings debt-to-assets ratio trends
Over the last five fiscal years, MingZhu Logistics Holdings's debt-to-assets ratio decreased from 0.18 to 0.04, a change of −0.14. The latest reported quarter, Q2 2025, shows 0.03.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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