Mullen Common Stock Shares Outstanding vs Intangible Assets Analysis

MULN Stock  USD 5.62  0.02  0.36%   
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 Common Stock Shares Outstanding and its Intangible 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.

Common Stock Shares Outstanding vs Intangible Assets

Common Stock Shares Outstanding vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mullen Automotive Common Stock Shares Outstanding account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mullen Automotive's Common Stock Shares Outstanding and Intangible Assets is -0.35. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Intangible 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 Common Stock Shares Outstanding and Intangible 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 Common Stock Shares Outstanding of Mullen Automotive are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Mullen Automotive's Common Stock Shares Outstanding and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 17th 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 Depreciation3.3M16.4M18.8M19.8M
Research Development21.7M77.4M89.0M93.4M

Mullen Automotive fundamental ratios Correlations

0.96-0.050.65-0.990.950.83-0.130.83-0.360.740.980.890.970.750.680.970.990.980.950.970.580.960.80.760.73
0.96-0.330.83-0.930.840.62-0.120.62-0.350.890.890.981.00.570.840.970.920.881.01.00.770.840.680.640.65
-0.05-0.33-0.78-0.040.220.50.010.50.04-0.70.13-0.49-0.310.3-0.76-0.15-0.030.14-0.37-0.3-0.830.170.350.410.11
0.650.83-0.78-0.570.390.15-0.090.15-0.260.990.50.920.820.31.00.680.640.50.850.811.00.480.180.10.36
-0.99-0.93-0.04-0.57-0.98-0.860.13-0.860.35-0.67-1.0-0.85-0.94-0.74-0.6-0.97-0.98-0.99-0.91-0.94-0.5-0.97-0.85-0.83-0.74
0.950.840.220.39-0.980.9-0.120.9-0.330.50.990.720.850.70.420.930.910.980.820.860.310.940.930.930.73
0.830.620.50.15-0.860.9-0.111.0-0.290.270.90.50.660.890.190.710.850.920.60.650.070.940.810.80.68
-0.13-0.120.01-0.090.13-0.12-0.11-0.11-0.26-0.1-0.13-0.12-0.12-0.09-0.09-0.13-0.13-0.13-0.12-0.12-0.08-0.120.03-0.050.25
0.830.620.50.15-0.860.91.0-0.11-0.290.270.90.50.660.890.190.710.850.920.60.650.070.940.810.80.68
-0.36-0.350.04-0.260.35-0.33-0.29-0.26-0.29-0.28-0.35-0.33-0.35-0.28-0.26-0.35-0.36-0.35-0.35-0.35-0.23-0.35-0.4-0.3-0.6
0.740.89-0.70.99-0.670.50.27-0.10.27-0.280.60.960.880.41.00.760.730.60.910.880.980.590.290.210.44
0.980.890.130.5-1.00.990.9-0.130.9-0.350.60.80.90.760.530.950.971.00.870.910.420.970.880.860.74
0.890.98-0.490.92-0.850.720.5-0.120.5-0.330.960.80.980.510.930.910.870.790.990.980.880.760.540.480.58
0.971.0-0.310.82-0.940.850.66-0.120.66-0.350.880.90.980.620.840.970.940.91.01.00.760.870.680.640.66
0.750.570.30.3-0.740.70.89-0.090.89-0.280.40.760.510.620.340.570.830.810.570.610.250.890.510.460.58
0.680.84-0.761.0-0.60.420.19-0.090.19-0.261.00.530.930.840.340.70.670.530.870.830.990.520.210.130.38
0.970.97-0.150.68-0.970.930.71-0.130.71-0.350.760.950.910.970.570.70.930.930.960.970.610.880.820.80.7
0.990.92-0.030.64-0.980.910.85-0.130.85-0.360.730.970.870.940.830.670.930.980.920.940.580.980.740.70.72
0.980.880.140.5-0.990.980.92-0.130.92-0.350.61.00.790.90.810.530.930.980.870.90.420.990.850.830.74
0.951.0-0.370.85-0.910.820.6-0.120.6-0.350.910.870.991.00.570.870.960.920.871.00.80.830.650.60.64
0.971.0-0.30.81-0.940.860.65-0.120.65-0.350.880.910.981.00.610.830.970.940.91.00.760.870.690.650.67
0.580.77-0.831.0-0.50.310.07-0.080.07-0.230.980.420.880.760.250.990.610.580.420.80.760.410.10.020.3
0.960.840.170.48-0.970.940.94-0.120.94-0.350.590.970.760.870.890.520.880.980.990.830.870.410.790.760.73
0.80.680.350.18-0.850.930.810.030.81-0.40.290.880.540.680.510.210.820.740.850.650.690.10.790.980.82
0.760.640.410.1-0.830.930.8-0.050.8-0.30.210.860.480.640.460.130.80.70.830.60.650.020.760.980.69
0.730.650.110.36-0.740.730.680.250.68-0.60.440.740.580.660.580.380.70.720.740.640.670.30.730.820.69
Click cells to compare fundamentals

Mullen Automotive Account Relationship Matchups

Mullen Automotive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.0M17.2M302.6M421.7M379.5M360.6M
Total Current Liabilities58.2M71.2M122.2M139.6M125.6M119.4M
Total Stockholder Equity(42.5M)(61.7M)58.7M209.0M240.3M252.3M
Net Debt35.1M41.9M(40.3M)(142.1M)(127.9M)(121.5M)
Retained Earnings(178.8M)(150.4M)(889.9M)(1.9B)(2.1B)(2.2B)
Accounts Payable2.7M5.2M6.4M13.2M11.9M11.3M
Cash33.4K42.2K54.1M155.3M139.7M132.8M
Cash And Short Term Investments33.4K42.2K54.1M155.3M139.7M132.8M
Common Stock Shares Outstanding19.6K23.0K12.4K61.3K70.5K74.0K
Liabilities And Stockholders Equity22.0M17.2M302.6M421.7M379.5M360.6M
Non Current Liabilities Total6.3M7.7M23.4M9.3M8.4M7.9M
Other Stockholder Equity138.5M90.9M947.8M272.8M245.5M233.3M
Total Liab64.5M78.9M145.6M148.9M134.0M127.3M
Total Current Assets15.3M6.8M86.3M198.1M178.3M169.4M
Common Stock410.07.0K833.5K2.9K2.6K2.5K
Short Long Term Debt Total35.2M41.9M13.8M13.2M11.8M11.3M
Other Current Liab387.6K7.0M110.5M75.2M67.7M64.3M
Property Plant And Equipment Net3.3M4.8M19.4M87.3M78.6M74.6M
Non Current Assets Total6.7M10.4M216.3M223.6M201.2M191.2M
Other Current Assets201.1K250.3K32.2M25.0M22.5M21.3M
Accumulated Other Comprehensive Income(2.3M)(2.3M)0.01.8B2.1B2.2B
Short Term Debt33.4M39.8M5.3M9.6M8.6M8.2M
Intangible Assets2.6M2.5M93.9M104.2M93.8M89.1M
Current Deferred Revenue19.6M21.8M19.1M41.6M37.4M35.6M
Non Currrent Assets Other762.0K3.1M10.1M3.2M2.9M2.7M
Capital Lease Obligations1.8M2.5M4.8M5.7M6.6M6.9M
Inventory43.1K55.8K0.016.8M19.3M20.3M
Net Invested Capital33.3M(22.3M)67.7M216.4M248.9M261.3M
Short Long Term Debt33.0M39.2M3.9M7.5M6.7M6.4M
Net Working Capital(42.9M)(64.4M)(35.9M)58.5M67.3M70.7M

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 Architect
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 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 Stocks Directory module to find actively traded stocks across global markets.

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.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
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.