MingZhu Logistics Holdings Ltd Working Capital to Net Assets Ratio
MingZhu Logistics Holdings Ltd working capital to net assets ratio. MingZhu Logistics Holdings Ltd (YGMZF) has a Working Capital to Net Assets ratio of 78.4% as of June 2025. Working capital of $61.70 Million (current assets of $84.09 Million minus current liabilities of $22.39 Million) is measured against net assets of $78.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MingZhu Logistics Holdings Ltd (2017–2025)
Working capital to net assets ratio of MingZhu Logistics Holdings Ltd from 2017 to 2025. This chart shows how MingZhu Logistics Holdings Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2025, the ratio stands at 78.4%, reflecting working capital of $61.70 Million against net assets of $78.69 Million USD. Explore YGMZF long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
MingZhu Logistics Holdings Ltd Working Capital to Net Assets Ratio by Year (2017–2025)
MingZhu Logistics Holdings Ltd working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for MingZhu Logistics Holdings Ltd from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of MingZhu Logistics Holdings Ltd.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 78.9% | $66.48 Million | $84.22 Million | $92.83 Million | $26.35 Million | ▲ +79.0 pp |
| 2024 | 0.0% | $-10.61K | $44.75 Million | $44.97 Million | $44.98 Million | ▼ -2.6 pp |
| 2023 | 2.6% | $1.17 Million | $44.56 Million | $83.84 Million | $82.68 Million | ▼ -27.0 pp |
| 2022 | 29.7% | $18.47 Million | $62.26 Million | $66.25 Million | $47.79 Million | ▲ +16.9 pp |
| 2021 | 12.7% | $5.31 Million | $41.67 Million | $39.61 Million | $34.30 Million | ▼ -70.4 pp |
| 2020 | 83.2% | $17.70 Million | $21.27 Million | $30.20 Million | $12.50 Million | ▲ +27.5 pp |
| 2019 | 55.7% | $5.58 Million | $10.03 Million | $15.43 Million | $9.84 Million | ▼ -3.7 pp |
| 2018 | 59.4% | $5.05 Million | $8.51 Million | $10.57 Million | $5.52 Million | ▲ +62.3 pp |
| 2017 | -2.9% | $-147.05K | $5.04 Million | $11.47 Million | $11.62 Million | — |