Mullen Financial Statements From 2010 to 2024

MULN Stock  USD 2.69  0.01  0.37%   
Mullen Automotive financial statements provide useful quarterly and yearly information to potential Mullen Automotive investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mullen Automotive financial statements helps investors assess Mullen Automotive's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mullen Automotive's valuation are summarized below:
Gross Profit
-392.7 K
Market Capitalization
23.7 M
Enterprise Value Revenue
238.8836
Revenue
156.6 K
Earnings Share
249.7 K
We have found one hundred twenty available fundamental ratios for Mullen Automotive, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mullen Automotive's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 30th of November 2024, Market Cap is likely to drop to about 2.1 B. In addition to that, Enterprise Value is likely to drop to about 2.1 B

Mullen Automotive Total Revenue

399,855

Check Mullen Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mullen Automotive's main balance sheet or income statement drivers, such as Gross Profit of 100.6 K, Other Operating Expenses of 456.6 M or Cost Of Revenue of 234.2 K, as well as many indicators such as Price To Sales Ratio of 31.96, Dividend Yield of 0.0 or PTB Ratio of 266. Mullen financial statements analysis is a perfect complement when working with Mullen Automotive Valuation or Volatility modules.
  
Check out the analysis of Mullen Automotive Correlation against competitors.
To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.

Mullen Automotive Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets360.6 M379.5 M4.6 T
Slightly volatile
Total Current Liabilities119.4 M125.6 M3.1 T
Slightly volatile
Accounts Payable11.3 M11.9 M1.1 T
Slightly volatile
Cash132.8 M139.7 M118.3 B
Pretty Stable
Cash And Short Term Investments132.8 M139.7 M118.3 B
Pretty Stable
Common Stock Shares Outstanding74 K70.5 K21.4 K
Slightly volatile
Liabilities And Stockholders Equity360.6 M379.5 M4.6 T
Slightly volatile
Non Current Liabilities Total7.9 M8.4 M1.6 T
Slightly volatile
Other Stockholder Equity233.3 M245.5 M28.1 T
Slightly volatile
Total Liabilities127.3 M134 M4.7 T
Slightly volatile
Total Current Assets169.4 M178.3 M1.9 T
Slightly volatile
Common Stock2.5 K2.6 K1.1 B
Pretty Stable
Short and Long Term Debt Total11.3 M11.8 M2.5 T
Slightly volatile
Other Current Liabilities64.3 M67.7 M937.3 B
Slightly volatile
Property Plant And Equipment Net74.6 M78.6 M27.8 B
Slightly volatile
Non Current Assets Total191.2 M201.2 M2.6 T
Slightly volatile
Net Receivables574.3 K604.6 K1.5 T
Slightly volatile
Other Current Assets21.3 M22.5 M301.2 B
Slightly volatile
Short Term Debt8.2 M8.6 M908.2 B
Pretty Stable
Intangible Assets89.1 M93.8 M798.6 B
Slightly volatile
Current Deferred Revenue35.6 M37.4 M203.8 B
Slightly volatile
Non Currrent Assets Other2.7 M2.9 M85.4 B
Pretty Stable
Good Will24.7 M26 M3.1 T
Slightly volatile
Other Liabilities18 M17.1 M7.7 M
Slightly volatile
Long Term Debt3.2 M4.6 M7.4 M
Slightly volatile
Short and Long Term Debt6.4 M6.7 M18.4 M
Slightly volatile
Property Plant Equipment17.9 M17 M5.8 M
Slightly volatile
Property Plant And Equipment Gross111.4 M106.1 M25.4 M
Slightly volatile
Capital Stock4.9 K5.1 K64.9 K
Pretty Stable
Common Stock Total EquityM958.5 K247.3 K
Slightly volatile
Capital Surpluse570 M1.1 B302 M
Slightly volatile
Preferred Stock Total Equity6.3 K6.6 K5.8 K
Slightly volatile
Noncontrolling Interest In Consolidated Entity78.6 M88.4 M96.3 M
Slightly volatile

Mullen Automotive Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses456.6 M434.9 M121.4 M
Slightly volatile
Cost Of Revenue234.2 K246.5 K24.7 M
Pretty Stable
Depreciation And Amortization19.8 M18.8 M5.4 M
Slightly volatile
Interest ExpenseM5.7 M6.5 M
Slightly volatile
Selling General Administrative228.8 M217.9 M56.6 M
Slightly volatile
Selling And Marketing Expenses10.2 M9.7 M3.1 M
Slightly volatile
Research Development93.4 M89 M19.6 M
Slightly volatile
Reconciled Depreciation19.8 M18.8 M4.5 M
Slightly volatile
Preferred Stock And Other Adjustments32.4 M36.5 M39.7 M
Slightly volatile

Mullen Automotive Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow101.9 M97 M23.3 M
Slightly volatile
End Period Cash Flow188 M179.1 M43.8 M
Slightly volatile
Stock Based Compensation80.7 M76.9 M37.4 M
Pretty Stable
Depreciation8.6 M14.7 M8.8 M
Very volatile
Change To Netincome217.9 M207.5 M56.9 M
Slightly volatile
Issuance Of Capital Stock237.9 M226.5 M57.9 M
Slightly volatile
Cash And Cash Equivalents Changes101.8 M97 M24.5 M
Slightly volatile
Dividends Paid136 M153 M166.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio31.9633.6375443
Slightly volatile
Days Sales Outstanding33.1634.9006406
Pretty Stable
Average Payables4.1 M6.6 M4.8 M
Slightly volatile
Stock Based Compensation To Revenue0.00210.002232.269
Slightly volatile
Capex To Depreciation2.362.25211.4408
Slightly volatile
Inventory Turnover0.01780.01871.2 K
Slightly volatile
Days Of Inventory On Hand21.2 K20.2 K5.7 K
Slightly volatile
Payables Turnover6.029.11879.0042
Pretty Stable
Sales General And Administrative To Revenue0.170.17769.9187
Slightly volatile
Average Inventory7.9 M7.6 M1.6 M
Slightly volatile
Research And Ddevelopement To Revenue0.00220.002328.203
Slightly volatile
Capex To Revenue0.07980.08439.3855
Slightly volatile
Cash Per Share9.1 K9.6 K62.5 K
Slightly volatile
Days Payables Outstanding38.0340.02771.4 K
Slightly volatile
Intangibles To Total Assets0.420.59970.3811
Slightly volatile
Current Ratio0.90.86310.8263
Very volatile
Receivables Turnover10.9810.45834.6465
Slightly volatile
Graham Number172 K181 K3.2 M
Slightly volatile
Capex Per Share30.5 K32.2 K129.7 K
Pretty Stable
Average Receivables8.1 M7.2 MM
Slightly volatile
Revenue Per Share363.5 K382.6 K1.5 M
Pretty Stable
Debt To Assets0.240.24760.6344
Pretty Stable
Operating Cycle33.1634.90063.2 K
Slightly volatile
Days Of Payables Outstanding38.0340.02771.4 K
Slightly volatile
Ebt Per Ebit1.71.15972.0364
Pretty Stable
Quick Ratio0.890.86310.8175
Very volatile
Net Income Per E B T0.920.98281.1618
Slightly volatile
Cash Ratio0.210.14660.2494
Pretty Stable
Days Of Inventory Outstanding21.2 K20.2 K5.7 K
Slightly volatile
Days Of Sales Outstanding33.1634.9006406
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio2.832.69191.4672
Slightly volatile
Fixed Asset Turnover2.7 K2.6 K680
Slightly volatile
Debt Ratio0.240.24760.6344
Pretty Stable
Price Sales Ratio31.9633.6375443
Slightly volatile
Asset Turnover1.492.55341.8287
Very volatile
Gross Profit Margin0.20.11730.2223
Pretty Stable

Mullen Automotive Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.1 B2.2 B3.8 B
Pretty Stable

Mullen Fundamental Market Drivers

Cash And Short Term Investments155.3 M

Mullen Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Mullen Automotive Financial Statements

Mullen Automotive investors utilize fundamental indicators, such as revenue or net income, to predict how Mullen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue37.4 M35.6 M
Cost Of Revenue246.5 K234.2 K
Total Revenue420.9 K399.9 K
Sales General And Administrative To Revenue 0.18  0.17 
Capex To Revenue 0.08  0.08 
Revenue Per Share382.6 K363.5 K
Ebit Per Revenue(0.07)(0.07)

Pair Trading with Mullen Automotive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mullen Automotive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mullen Automotive will appreciate offsetting losses from the drop in the long position's value.

Moving against Mullen Stock

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The ability to find closely correlated positions to Mullen Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mullen Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mullen Automotive to buy it.
The correlation of Mullen Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mullen Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Automotive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mullen Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Mullen Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mullen Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mullen Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mullen Automotive Stock:
Check out the analysis of Mullen Automotive Correlation against competitors.
To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mullen Automotive. If investors know Mullen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
249.7 K
Revenue Per Share
2.51
Quarterly Revenue Growth
(0.79)
Return On Assets
(0.48)
Return On Equity
(2.60)
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.