MingZhu Logistics Holdings Depreciation & Amortization Growth & History (YGMZF)
MingZhu Logistics Holdings's depreciation and amortization was $804,918 for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $804,918 | −$73,647 | −8.38% |
| 2023 | 2023-12-31 | $878,565 | −$1.3M | −59.95% |
| 2022 | 2022-12-31 | $2.2M | $755,588 | +52.53% |
| 2021 | 2021-12-31 | $1.4M | −$81,105 | −5.34% |
| 2020 | 2020-12-31 | $1.5M | $153,470 | +11.24% |
| 2019 | 2019-12-31 | $1.4M | −$8,792 | −0.64% |
| 2018 | 2018-12-31 | $1.4M | — | — |
MingZhu Logistics Holdings depreciation and amortization trends
Over the last five fiscal years, MingZhu Logistics Holdings's depreciation and amortization decreased from $1.4M to $804,918, a change of −$561,027.
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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