Mullen Net Invested Capital vs Total Current Assets Analysis
MULN Stock | USD 4.63 0.28 5.70% |
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 Invested Capital and its Total Current 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 Invested Capital vs Total Current Assets
Net Invested Capital vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mullen Automotive Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mullen Automotive's Net Invested Capital and Total Current Assets is -0.23. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current 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 Invested Capital and Total Current 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 Invested Capital of Mullen Automotive are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Mullen Automotive's Net Invested Capital and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 3rd 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 |
Mullen Automotive Investors Sentiment
The influence of Mullen Automotive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mullen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mullen Automotive's public news can be used to forecast risks associated with an investment in Mullen. The trend in average sentiment can be used to explain how an investor holding Mullen can time the market purely based on public headlines and social activities around Mullen Automotive. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mullen Automotive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mullen Automotive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mullen Automotive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mullen Automotive.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mullen Automotive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mullen Automotive's short interest history, or implied volatility extrapolated from Mullen Automotive options trading.
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
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 | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
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.