
Annual report 2021
added 09-13-2022
MingZhu Logistics Holdings Limited Long-Term Debt 2011-2026 | YGMZ
Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.
Main characteristics:- Term exceeds 12 months
- Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
- Repaid through regular payments (interest and/or principal) over several years
- Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital. - Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks. - Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.
A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.
If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.
It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.
Examples of long-term debt:- Mortgage loans for property purchases
- Corporate bonds issued by a company to raise capital
- Project financing — long-term loans for building or expanding production facilities
- Leasing obligations for equipment or transport
Annual Long-Term Debt MingZhu Logistics Holdings Limited
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| 179 K | 372 K | 356 K | 1.13 M | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 1.13 M | 179 K | 510 K |
Quarterly Long-Term Debt MingZhu Logistics Holdings Limited
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 179 K | - | - | - | 372 K | - | - | - | 1.12 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 1.12 M | 179 K | 557 K |
Long-Term Debt of other stocks in the Transport logistics industry
| Issuer | Long-Term Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
НМТП
NMTP
|
363 M | - | - | - | ||
|
Транспортная группа FESCO
FESH
|
23.5 B | - | - | - | ||
|
Globaltruck
GTRK
|
1.26 B | - | - | - | ||
|
НКХП
NKHP
|
1.22 B | - | - | - | ||
|
Sino-Global Shipping America, Ltd.
SINO
|
154 K | - | -6.44 % | $ 49.3 M | ||
|
C.H. Robinson Worldwide
CHRW
|
1.09 B | $ 188.95 | -0.48 % | $ 22.7 B | ||
|
Covenant Logistics Group
CVLG
|
187 M | $ 29.77 | -0.81 % | $ 783 M | ||
|
Daseke
DSKE
|
564 M | - | -0.12 % | $ 380 M | ||
|
BEST
BEST
|
2.34 B | - | - | $ 52.6 M | ||
|
Echo Global Logistics, Inc.
ECHO
|
134 M | - | - | $ 1.28 B | ||
|
Golar LNG Partners LP
GMLP
|
417 M | - | 0.57 % | $ 246 M | ||
|
Forward Air Corporation
FWRD
|
107 M | $ 23.81 | -3.25 % | $ 617 M | ||
|
ArcBest Corporation
ARCB
|
136 M | $ 103.72 | -1.19 % | $ 2.37 B | ||
|
Global Ship Lease
GSL
|
693 M | $ 38.31 | -4.75 % | $ 1.36 B | ||
|
Heartland Express
HTLD
|
192 M | $ 11.2 | -0.53 % | $ 882 M | ||
|
DHT Holdings
DHT
|
447 M | $ 18.43 | -1.05 % | $ 1.71 B | ||
|
Golar LNG Limited
GLNG
|
931 M | $ 46.42 | -0.49 % | $ 4.84 B | ||
|
Air Transport Services Group
ATSG
|
1.55 B | - | 0.04 % | $ 1.46 B | ||
|
Knight-Swift Transportation Holdings
KNX
|
1.74 B | $ 62.47 | -1.7 % | $ 10.1 B | ||
|
Golden Ocean Group Limited
GOGL
|
1.19 B | - | - | $ 1.6 B | ||
|
Landstar System
LSTR
|
35.4 M | $ 163.79 | -0.43 % | $ 5.82 B | ||
|
Expeditors International of Washington
EXPD
|
460 M | $ 146.0 | -0.5 % | $ 19.8 B | ||
|
Marten Transport, Ltd.
MRTN
|
282 K | $ 13.57 | -1.31 % | $ 1.1 B | ||
|
Cryoport
CYRX
|
1.24 M | $ 8.65 | -1.03 % | $ 427 M | ||
|
FedEx Corporation
FDX
|
19.9 B | $ 381.7 | -0.64 % | $ 92 B | ||
|
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
OMAB
|
1.5 B | $ 114.5 | -1.45 % | $ 34.3 B | ||
|
Old Dominion Freight Line
ODFL
|
20 M | $ 213.14 | -1.41 % | $ 44.9 B | ||
|
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
PAC
|
14.2 B | $ 249.71 | - | $ 92.4 T | ||
|
Radiant Logistics
RLGT
|
969 K | $ 7.52 | -1.05 % | $ 353 M | ||
|
Hub Group
HUBG
|
164 M | $ 42.82 | -0.53 % | $ 2.6 M | ||
|
Schneider National
SNDR
|
388 M | $ 27.98 | -0.99 % | $ 4.9 B | ||
|
J.B. Hunt Transport Services
JBHT
|
767 M | $ 233.84 | -0.46 % | $ 22.7 B | ||
|
Universal Logistics Holdings
ULH
|
311 M | $ 17.83 | -0.61 % | $ 469 M | ||
|
TFI International
TFII
|
830 M | $ 116.53 | -1.48 % | $ 12.2 B | ||
|
United Parcel Service
UPS
|
23.6 B | $ 107.4 | -2.81 % | $ 91.2 B | ||
|
P.A.M. Transportation Services
PTSI
|
204 M | - | 1.0 % | $ 425 M | ||
|
Werner Enterprises
WERN
|
752 M | $ 34.22 | -0.87 % | $ 2.07 B | ||
|
Patriot Transportation Holding
PATI
|
1.13 M | - | - | $ 57.2 M | ||
|
XPO Logistics
XPO
|
3.25 B | $ 213.07 | -0.65 % | $ 25.1 B | ||
|
Saia
SAIA
|
163 M | $ 408.0 | -1.55 % | $ 10.9 B | ||
|
SFL Corporation Ltd.
SFL
|
2.15 B | $ 10.75 | -2.01 % | $ 1.39 B | ||
|
Steel Connect
STCN
|
12.9 M | - | -2.33 % | $ 75.7 M | ||
|
USA Truck
USAK
|
74.4 M | - | 0.03 % | $ 286 M | ||
|
U.S. Xpress Enterprises
USX
|
354 M | - | - | $ 332 M | ||
|
Yellow Corporation
YELL
|
1.47 B | - | -29.03 % | $ 56.5 M | ||
|
Air T
AIRT
|
110 M | $ 20.87 | 1.71 % | $ 57.4 M |