MingZhu Logistics Holdings annual net debt
2019
2020
2021
2022
2023
2024
MingZhu Logistics Holdings Net Debt Growth & History (YGMZF)
MingZhu Logistics Holdings's net debt was $3.0M for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $3.0M | −$643,170 | −17.60% |
| 2023 | 2023-12-31 | $3.7M | −$2.7M | −42.37% |
| 2022 | 2022-12-31 | $6.3M | −$1.6M | −20.22% |
| 2021 | 2021-12-31 | $7.9M | $3.1M | +64.99% |
| 2020 | 2020-12-31 | $4.8M | $1.3M | +37.52% |
| 2019 | 2019-12-31 | $3.5M | — | — |
MingZhu Logistics Holdings quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q2.24
Q4.24
Q2.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | $2.3M | −$2.3M | −50.05% |
| Q4 2024 | 2024-12-31 | $3.0M | −$643,170 | −17.60% |
| Q2 2024 | 2024-06-30 | $4.7M | — | — |
| Q4 2023 | 2023-12-31 | $3.7M | −$2.7M | −42.37% |
| Q4 2022 | 2022-12-31 | $6.3M | −$1.6M | −20.22% |
| Q4 2021 | 2021-12-31 | $7.9M | $3.1M | +64.99% |
| Q4 2020 | 2020-12-31 | $4.8M | $1.3M | +37.52% |
| Q4 2019 | 2019-12-31 | $3.5M | — | — |
MingZhu Logistics Holdings net debt trends
Over the last five fiscal years, MingZhu Logistics Holdings's net debt decreased from $3.5M to $3.0M, a change of −$491,566. The latest reported quarter, Q2 2025, shows $2.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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