Mullen Capital Lease Obligations from 2010 to 2025

MULN Stock  USD 0.12  0.04  25.00%   
Mullen Automotive Capital Lease Obligations yearly trend continues to be very stable with very little volatility. Capital Lease Obligations is likely to grow to about 17.6 M this year. Capital Lease Obligations is the total obligations of Mullen Automotive under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
16.7 M
Current Value
17.6 M
Quarterly Volatility
6.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Other Operating Expenses of 330.5 B, Cost Of Revenue of 20.4 B or Depreciation And Amortization of 19.8 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 2.41. 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.

Latest Mullen Automotive's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Mullen Automotive over the last few years. Mullen Automotive capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Mullen Automotive asset purchases. For example, Mullen Automotive can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Mullen Automotive control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Mullen Automotive's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mullen Automotive's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Mullen Capital Lease Obligations Regression Statistics

Arithmetic Mean3,974,578
Geometric Mean0.00
Coefficient Of Variation160.65
Mean Deviation4,930,404
Median0.00
Standard Deviation6,385,224
Sample Variance40.8T
Range17.6M
R-Value0.82
Mean Square Error14.7T
R-Squared0.66
Significance0.0001
Slope1,093,175
Total Sum of Squares611.6T

Mullen Capital Lease Obligations History

202517.6 M
202416.7 M
202314.5 M
20225.7 M
20214.8 M
20202.5 M
20191.8 M

About Mullen Automotive Financial Statements

Mullen Automotive investors utilize fundamental indicators, such as Capital Lease Obligations, 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
Capital Lease Obligations16.7 M17.6 M

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 together with Mullen Stock

  0.68BWA BorgWarnerPairCorr

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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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
-1.3 K
Revenue Per Share
82.304
Quarterly Revenue Growth
16.168
Return On Assets
(0.60)
Return On Equity
(6.31)
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.