Mullen Intangible Assets vs Capital Surpluse Analysis

MULN Stock  USD 4.86  0.76  13.52%   
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 Intangible Assets and its Capital Surpluse 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.

Intangible Assets vs Capital Surpluse

Intangible Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mullen Automotive Intangible Assets account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mullen Automotive's Intangible Assets and Capital Surpluse is -0.28. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Surpluse 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 Intangible Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Mullen Automotive are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Intangible Assets i.e., Mullen Automotive's Intangible Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Surpluse

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 18th 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

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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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.