MingZhu Logistics Holdings Limited
Balance Sheet
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $698.2K | $3.7M | $3.9M | $78.5K | $2.1M | $223.5K |
| Accounts Receivable | $2.7M | $31.6M | $16.1M | $3.7M | $5.3M | $10.9M |
| Inventory | — | — | — | — | — | — |
| Total Current Assets | $45.0M | $83.8M | $66.3M | $39.6M | $30.2M | $15.4M |
| Property, Plant & Equipment | $729.1K | $1.5M | $1.5M | $12.2M | $3.4M | $4.6M |
| Goodwill | — | $22.0M | $14.2M | $14.2M | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — |
| Total Assets | $90.3M | $127.4M | $97.3M | $76.4M | $33.9M | $20.4M |
| Liabilities | ||||||
| Accounts Payable | $4.5M | $18.4M | $6.9M | $1.3M | $1.4M | $1.6M |
| Total Current Liabilities | $45.0M | $82.7M | $47.8M | $34.3M | $12.5M | $9.8M |
| Long-Term Debt | $594.7K | $121.1K | $253.4K | $179.3K | $371.9K | $1.1M |
| Total Liabilities | $45.6M | $82.8M | $49.2M | $34.7M | $12.7M | $10.4M |
| Stockholders' Equity | ||||||
| Retained Earnings | $-1.3M | $4.9M | $7.7M | $5.9M | $6.9M | $6.2M |
| Total Stockholders' Equity | $44.8M | $44.6M | $48.1M | $41.7M | $21.3M | $10.0M |