szygmz.com (YGMZ) Long-Term Liabilities to Capital

MingZhu Logistics Holdings Ltd - graphic logo of issuer YGMZ

How does geopolitical tension between the US and China affect the financial stability of MingZhu Logistics (YGMZ)? The long-term debt-to-equity ratio provides the answer, with the metric holding around 0.01. The company's revenues are based on Chinese industrial production volumes and fuel prices. The current strategy relies on basic physical logistics, limiting digitalization only to planned GPS navigation updates.

YGMZ MingZhu Logistics Holdings Long-Term Debt to Capital (07/04/2022 - 12/27/2025)
Manufactured product of MingZhu Logistics Holdings

MingZhu Logistics (YGMZ) focuses on traditional transport, limiting expenditures to basic fleet digitalization. The trend in the ratio of long-term liabilities to equity reflects a strategy of minimizing capital risks. This metric compares the total amount of loans with a maturity of over one year against the company's total equity. A decrease in this coefficient confirms a gradual shedding of the long-term debt burden. Such financial restraint ensures high business resilience.

Key competitors

Long-Term Debt to Equity UNP|Long-Term Debt to Equity Prologis Corp (PLD)|CP - Long-Term Liabilities to Capital|Long-Term Debt to Capital NSC (Norfolk Southern)|Long-Term Indebtedness to Equity CSX Corp|Canadian National - Long-Term Debt to Capital|Ratio of Long-Term Indebtedness to Capital PACCAR Inc. PCAR|Public Storage REIT (PSA) - Long-Term Debt to Equity|CHRW - Ratio of Long-Term Indebtedness to Capital|Long-Term Debt to Equity Ratio XPO|UHAL (amerco.com) - Long-Term Loans to Capital Ratio|Long-Term Debt to Equity Ratio SAIA (Saia)|TFII (TFI International Inc) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital R (Ryder System Inc)|Swift Transportation (KNX) - Long-Term Liabilities to Capital|General American Transportation Corporation - Long-Term Debt to Capital|LSTR - Long-Term Debt to Capital|Schneider Logistics (SNDR) - Long-Term Debt to Equity|RXO Inc - Long-Term Debt to Capital Coefficient|Long-Term Debt to Equity Ratio TRN|WERN (werner.com) - Long-Term Loans to Capital Ratio|Long-Term Debt to Capital DSGR|SCSC (scansource.com) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Equity Heartland Express, Inc. HTLD|HY - Long-Term Debt to Equity Ratio|Universal Logistics Corp - Long-Term Debt to Capital|Ratio of Long-Term Indebtedness to Capital Covenant Corp CVLG|Wabash National (WNC) - Long-Term Debt to Equity|Long-Term Debt to Capital Ratio OMI|RLGT (Radiant Logistics Inc.) - Long-Term Debt to Capital|PAMT - Long-Term Indebtedness to Equity|Long-Term Debt to Equity Ratio PAL (Proficient Auto Logistics)|RAIL: Long-Term Liabilities to Equity|Long-Term Debt to Capital ELOG (Eastern International)|Long-Term Debt to Capital Coefficient HXHX|ATXG: Long-Term Debt to Equity Ratio|CTNT - Long-Term Debt to Capital|EZFL (getyourezfill.com) - Long-Term Debt to Equity Ratio|Nikola Motor Company - Long-Term Debt to Capital Coefficient|Long-Term Debt to Equity P.A.M. Transportation Services|Long-Term Debt to Equity DSKE