Mullen Net Debt vs Total Assets Analysis
MULN Stock | USD 4.38 0.06 1.39% |
Mullen Automotive financial indicator trend analysis is infinitely more than just investigating Mullen Automotive recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mullen Automotive is a good investment. Please check the relationship between Mullen Automotive Net Debt and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mullen Automotive Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mullen Automotive's Net Debt and Total Assets is 0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Mullen Automotive, assuming nothing else is changed. The correlation between historical values of Mullen Automotive's Net Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Mullen Automotive are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Mullen Automotive's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Assets
Total assets refers to the total amount of Mullen Automotive assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mullen Automotive books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Mullen Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mullen Automotive current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.At this time, Mullen Automotive's Selling General Administrative is very stable compared to the past year. As of the 23rd of May 2024, Issuance Of Capital Stock is likely to grow to about 237.9 M, though Tax Provision is likely to grow to (9.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 3.3M | 16.4M | 18.8M | 19.8M | Research Development | 21.7M | 77.4M | 89.0M | 93.4M |
Mullen Automotive fundamental ratios Correlations
Click cells to compare fundamentals
Mullen Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mullen Automotive fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.0M | 17.2M | 302.6M | 421.7M | 379.5M | 360.6M | |
Total Current Liabilities | 58.2M | 71.2M | 122.2M | 139.6M | 125.6M | 119.4M | |
Total Stockholder Equity | (42.5M) | (61.7M) | 58.7M | 209.0M | 240.3M | 252.3M | |
Net Debt | 35.1M | 41.9M | (40.3M) | (142.1M) | (127.9M) | (121.5M) | |
Retained Earnings | (178.8M) | (150.4M) | (889.9M) | (1.9B) | (2.1B) | (2.2B) | |
Accounts Payable | 2.7M | 5.2M | 6.4M | 13.2M | 11.9M | 11.3M | |
Cash | 33.4K | 42.2K | 54.1M | 155.3M | 139.7M | 132.8M | |
Cash And Short Term Investments | 33.4K | 42.2K | 54.1M | 155.3M | 139.7M | 132.8M | |
Common Stock Shares Outstanding | 19.6K | 23.0K | 12.4K | 61.3K | 70.5K | 74.0K | |
Liabilities And Stockholders Equity | 22.0M | 17.2M | 302.6M | 421.7M | 379.5M | 360.6M | |
Non Current Liabilities Total | 6.3M | 7.7M | 23.4M | 9.3M | 8.4M | 7.9M | |
Other Stockholder Equity | 138.5M | 90.9M | 947.8M | 272.8M | 245.5M | 233.3M | |
Total Liab | 64.5M | 78.9M | 145.6M | 148.9M | 134.0M | 127.3M | |
Total Current Assets | 15.3M | 6.8M | 86.3M | 198.1M | 178.3M | 169.4M | |
Common Stock | 410.0 | 7.0K | 833.5K | 2.9K | 2.6K | 2.5K | |
Short Long Term Debt Total | 35.2M | 41.9M | 13.8M | 13.2M | 11.8M | 11.3M | |
Other Current Liab | 387.6K | 7.0M | 110.5M | 75.2M | 67.7M | 64.3M | |
Property Plant And Equipment Net | 3.3M | 4.8M | 19.4M | 87.3M | 78.6M | 74.6M | |
Non Current Assets Total | 6.7M | 10.4M | 216.3M | 223.6M | 201.2M | 191.2M | |
Other Current Assets | 201.1K | 250.3K | 32.2M | 25.0M | 22.5M | 21.3M | |
Accumulated Other Comprehensive Income | (2.3M) | (2.3M) | 0.0 | 1.8B | 2.1B | 2.2B | |
Short Term Debt | 33.4M | 39.8M | 5.3M | 9.6M | 8.6M | 8.2M | |
Intangible Assets | 2.6M | 2.5M | 93.9M | 104.2M | 93.8M | 89.1M | |
Current Deferred Revenue | 19.6M | 21.8M | 19.1M | 41.6M | 37.4M | 35.6M | |
Non Currrent Assets Other | 762.0K | 3.1M | 10.1M | 3.2M | 2.9M | 2.7M | |
Capital Lease Obligations | 1.8M | 2.5M | 4.8M | 5.7M | 6.6M | 6.9M | |
Inventory | 43.1K | 55.8K | 0.0 | 16.8M | 19.3M | 20.3M | |
Net Invested Capital | 33.3M | (22.3M) | 67.7M | 216.4M | 248.9M | 261.3M | |
Short Long Term Debt | 33.0M | 39.2M | 3.9M | 7.5M | 6.7M | 6.4M | |
Net Working Capital | (42.9M) | (64.4M) | (35.9M) | 58.5M | 67.3M | 70.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Mullen Stock analysis
When running Mullen Automotive's price analysis, check to measure Mullen Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mullen Automotive is operating at the current time. Most of Mullen Automotive's value examination focuses on studying past and present price action to predict the probability of Mullen Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mullen Automotive's price. Additionally, you may evaluate how the addition of Mullen Automotive to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is Mullen Automotive's industry 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 -9.5 K | Revenue Per Share 0.229 | Return On Assets (0.42) | Return On Equity (4.73) |
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.