Mullen Financial Statements From 2010 to 2024

MTL Stock  CAD 15.47  0.13  0.85%   
Mullen financial statements provide useful quarterly and yearly information to potential Mullen Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mullen financial statements helps investors assess Mullen's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mullen's valuation are summarized below:
Gross Profit
571.5 M
Profit Margin
0.0618
Market Capitalization
1.3 B
Enterprise Value Revenue
1.1184
Revenue
B
We have found one hundred twenty available fundamental ratios for Mullen, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mullen's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to drop to about 961.4 M. In addition to that, Enterprise Value is likely to drop to about 1.2 B

Mullen Total Revenue

1.06 Billion

Check Mullen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mullen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 68.5 M, Interest Expense of 19.8 M or Selling General Administrative of 133.1 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0344 or PTB Ratio of 1.23. Mullen financial statements analysis is a perfect complement when working with Mullen Valuation or Volatility modules.
  
This module can also supplement various Mullen Technical models . Check out the analysis of Mullen Correlation against competitors.

Mullen Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 BB1.6 B
Slightly volatile
Short and Long Term Debt Total428.4 M764.1 M558.8 M
Slightly volatile
Other Current Liabilities100.8 M96 M72.2 M
Slightly volatile
Total Current Liabilities527.5 M502.4 M201 M
Slightly volatile
Total Stockholder Equity762.8 M974.9 M831.8 M
Slightly volatile
Property Plant And Equipment Net660.6 M1.1 B881.8 M
Slightly volatile
Accounts Payable53.7 M55.2 M43.5 M
Very volatile
Non Current Assets Total1.1 B1.7 B1.3 B
Slightly volatile
Non Currrent Assets Other2.1 M2.2 M23.5 M
Slightly volatile
Net Receivables177.6 M287 M208.9 M
Slightly volatile
Common Stock Shares Outstanding83.1 M99.1 M92.9 M
Slightly volatile
Liabilities And Stockholders Equity1.4 BB1.6 B
Slightly volatile
Non Current Liabilities Total482.4 M564.4 M629.4 M
Slightly volatile
Inventory30.8 M47.7 M32.6 M
Slightly volatile
Other Current Assets48.6 M46.3 M20 M
Slightly volatile
Total Liabilities620.3 M1.1 B804.4 M
Slightly volatile
Property Plant And Equipment Gross2.1 BB1.1 B
Slightly volatile
Total Current Assets286.7 M383.3 M349 M
Very volatile
Short Term Debt359.3 M342.2 M127.3 M
Pretty Stable
Good Will355.8 M367.1 M295.1 M
Slightly volatile
Intangible Assets50.9 M91 M59.4 M
Pretty Stable
Current Deferred Revenue8.9 M8.1 M9.5 M
Slightly volatile
Common Stock Total Equity937.7 MB853.8 M
Slightly volatile
Common Stock932.5 M801.3 M836.4 M
Slightly volatile
Other Liabilities103.3 M121 M128.8 M
Slightly volatile
Net Tangible Assets442.5 M457 M551.5 M
Slightly volatile
Other Assets45.6 M63.4 M35.8 M
Slightly volatile
Long Term Debt437 M349.1 M514.7 M
Very volatile
Long Term Investments33.6 M43.2 M42.9 M
Slightly volatile
Short and Long Term Debt332.4 M316.6 M232.6 M
Slightly volatile
Property Plant Equipment1.1 B1.2 B982.9 M
Slightly volatile
Long Term Debt Total648.5 M768.5 M645.3 M
Pretty Stable
Capital Surpluse20.4 M21.4 M16.5 M
Slightly volatile
Net Invested Capital1.7 B1.6 B1.5 B
Slightly volatile
Capital Stock702.5 M801.3 M903.1 M
Slightly volatile
Capital Lease Obligations76.4 M98.4 M52.7 M
Slightly volatile

Mullen Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization68.5 M115.9 M88 M
Slightly volatile
Selling General Administrative133.1 M261.6 M166.7 M
Slightly volatile
Total Revenue1.1 BB1.3 B
Slightly volatile
Gross Profit276.2 M473.9 M309 M
Pretty Stable
Other Operating Expenses929.5 M1.8 B1.2 B
Slightly volatile
Operating Income134.7 M213.1 M145.9 M
Very volatile
EBIT136.6 M213.1 M146.7 M
Very volatile
EBITDA205 M329 M234.7 M
Pretty Stable
Cost Of Revenue787 M1.5 B990.3 M
Slightly volatile
Total Operating Expenses142.4 M260.8 M164.7 M
Slightly volatile
Income Tax Expense24.3 M46.4 M29.5 M
Very volatile
Tax Provision28.8 M46.4 M27.7 M
Pretty Stable
Interest Income1.2 M794 K1.5 M
Slightly volatile
Reconciled Depreciation114.6 M115.9 M96.7 M
Slightly volatile

Mullen Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow92.7 M141.5 M115.6 M
Slightly volatile
Begin Period Cash Flow8.3 M8.8 M97.4 M
Pretty Stable
Depreciation68.5 M115.9 M88 M
Slightly volatile
Capital Expenditures65.3 M101.8 M78.6 M
Very volatile
Total Cash From Operating Activities158 M243.3 M194.2 M
Pretty Stable
End Period Cash Flow2.2 M2.3 M90 M
Slightly volatile
Dividends Paid66.1 M64.8 M66 M
Pretty Stable
Stock Based Compensation1.2 M1.1 M1.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.60.6331.2388
Slightly volatile
Dividend Yield0.03440.05130.0435
Pretty Stable
PTB Ratio1.231.29522.0999
Slightly volatile
Days Sales Outstanding68.0652.516559.841
Very volatile
Book Value Per Share6.9210.84028.8242
Slightly volatile
Free Cash Flow Yield0.150.13870.089
Slightly volatile
Operating Cash Flow Per Share1.422.70562.0977
Very volatile
Stock Based Compensation To Revenue5.0E-45.0E-40.0011
Slightly volatile
Capex To Depreciation1.330.87651.1008
Slightly volatile
PB Ratio1.231.29522.0999
Slightly volatile
EV To Sales0.961.01491.5824
Slightly volatile
Free Cash Flow Per Share2.041.94761.3381
Slightly volatile
ROIC0.130.1540.0937
Very volatile
Inventory Turnover41.1131.888233.4105
Pretty Stable
Days Of Inventory On Hand8.7311.446211.4452
Very volatile
Payables Turnover14.0727.56926.2249
Pretty Stable
Capex To Revenue0.06850.05090.0641
Slightly volatile
POCF Ratio4.935.18938.6828
Slightly volatile
Interest Coverage9.438.985.4238
Pretty Stable
Capex To Operating Cash Flow0.530.41760.4479
Slightly volatile
PFCF Ratio6.857.209417
Slightly volatile
Days Payables Outstanding12.5813.239515.4016
Slightly volatile
EV To Operating Cash Flow7.98.320111.0753
Slightly volatile
EV To Free Cash Flow10.9811.5584418
Slightly volatile
Intangibles To Total Assets0.280.22440.1943
Slightly volatile
Current Ratio0.720.76282.2473
Slightly volatile
Tangible Book Value Per Share3.425.74655.2855
Very volatile
Receivables Turnover4.86.95026.117
Very volatile
Graham Number10.5419.256113.0492
Pretty Stable
Shareholders Equity Per Share6.9210.84028.8242
Slightly volatile
Debt To Equity0.350.68280.6078
Pretty Stable
Capex Per Share0.611.12970.8664
Slightly volatile
Revenue Per Share23.2922.180314.9128
Slightly volatile
Interest Debt Per Share8.217.82296.3267
Slightly volatile
Debt To Assets0.180.3260.3058
Pretty Stable
Enterprise Value Over EBITDA5.756.04989.7869
Slightly volatile
Short Term Coverage Ratios0.730.76851.9 K
Pretty Stable
Operating Cycle55.4263.962769.8615
Slightly volatile
Price Book Value Ratio1.231.29522.0999
Slightly volatile
Days Of Payables Outstanding12.5813.239515.4016
Slightly volatile
Price To Operating Cash Flows Ratio4.935.18938.6828
Slightly volatile
Price To Free Cash Flows Ratio6.857.209417
Slightly volatile
Operating Profit Margin0.150.17040.1179
Pretty Stable
Company Equity Multiplier1.382.09431.9131
Very volatile
Long Term Debt To Capitalization0.220.26370.3429
Very volatile
Total Debt To Capitalization0.220.40580.3653
Pretty Stable
Return On Capital Employed0.180.22080.1208
Pretty Stable
Debt Equity Ratio0.350.68280.6078
Pretty Stable
Ebit Per Revenue0.150.17040.1179
Pretty Stable
Quick Ratio0.630.66792.0499
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.261.46251.4423
Slightly volatile
Net Income Per E B T0.60.75590.764
Pretty Stable
Cash Conversion Cycle30.8350.723253.6593
Very volatile
Operating Cash Flow Sales Ratio0.110.1220.1468
Slightly volatile
Days Of Inventory Outstanding8.7311.446211.4452
Very volatile
Days Of Sales Outstanding68.0652.516559.841
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.420.71980.5579
Slightly volatile
Cash Flow Coverage Ratios0.350.36550.4968
Slightly volatile
Price To Book Ratio1.231.29522.0999
Slightly volatile
Fixed Asset Turnover2.191.76811.6028
Pretty Stable
Capital Expenditure Coverage Ratio2.112.39492.8426
Pretty Stable
Price Cash Flow Ratio4.935.18938.6828
Slightly volatile
Enterprise Value Multiple5.756.04989.7869
Slightly volatile
Debt Ratio0.180.3260.3058
Pretty Stable
Cash Flow To Debt Ratio0.350.36550.4968
Slightly volatile
Price Sales Ratio0.60.6331.2388
Slightly volatile
Asset Turnover1.060.9770.8639
Pretty Stable
Gross Profit Margin0.30.23760.242
Slightly volatile
Price Fair Value1.231.29522.0999
Slightly volatile

Mullen Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap961.4 M1.2 B1.5 B
Slightly volatile
Enterprise Value1.2 B1.9 B1.7 B
Pretty Stable

Mullen Fundamental Market Drivers

Forward Price Earnings11.4416
Cash And Short Term Investments2.3 M

About Mullen Financial Statements

Mullen investors utilize fundamental indicators, such as revenue or net income, 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
Current Deferred Revenue8.1 M8.9 M
Total RevenueB1.1 B
Cost Of Revenue1.5 B787 M
Capex To Revenue 0.05  0.07 
Revenue Per Share 22.18  23.29 
Ebit Per Revenue 0.17  0.15 

Pair Trading with Mullen

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mullen Stock

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Moving against Mullen Stock

  0.46VZ Verizon CommunicationsPairCorr
The ability to find closely correlated positions to Mullen 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 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 - 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 Group to buy it.
The correlation of Mullen 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Group 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 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

Other Information on Investing in Mullen Stock

Mullen financial ratios help investors to determine whether Mullen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mullen with respect to the benefits of owning Mullen security.