Mullen Historical Financial Ratios
| MULN Stock | USD 2.68 0.06 2.29% |
Mullen Automotive is lately reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 33.16 will help investors to properly organize and evaluate Mullen Automotive financial condition quickly.
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About Mullen Financial Ratios Analysis
Mullen AutomotiveFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Mullen Automotive investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Mullen financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Mullen Automotive history.
Mullen Automotive Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Mullen Automotive stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mullen Automotive sales, a figure that is much harder to manipulate than other Mullen Automotive multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Research And Ddevelopement To Revenue
The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most ratios from Mullen Automotive's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 closely tied 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 Current Ratio is very stable compared to the past year. As of the 29th of November 2024, Receivables Turnover is likely to grow to 10.98, while Price To Sales Ratio is likely to drop 31.96.
| 2020 | 2021 | 2024 (projected) | Payables Turnover | 0.24 | 0.58 | 6.02 | Days Of Inventory On Hand | 16.57 | 22.4K | 21.2K |
Mullen Automotive fundamentals Correlations
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Mullen Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mullen Automotive fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 36.46 | 33.64 | 61.15 | 64.86 | 76.03 | 31.96 | |
| Ptb Ratio | 253.71 | (93.51) | (69.05) | 155.39 | 0.13 | 266.39 | |
| Book Value Per Share | 50.0K | (216.3K) | (268.5K) | 12.7K | 44.5K | 47.5K | |
| Free Cash Flow Yield | (0.003975) | (0.001243) | (0.00415) | (0.008532) | (10.32) | (0.004173) | |
| Operating Cash Flow Per Share | (19.0K) | (22.2K) | (76.2K) | (5.3K) | (29.2K) | (20.0K) | |
| Stock Based Compensation To Revenue | 0.049 | 0.002159 | 0.016 | 0.0756 | 233.45 | 0.002051 | |
| Pb Ratio | 253.71 | (93.51) | (69.05) | 155.39 | 0.13 | 266.39 | |
| Ev To Sales | 36.39 | 33.71 | 61.69 | 65.49 | (312.23) | 32.02 | |
| Free Cash Flow Per Share | (51.2K) | (25.1K) | (76.9K) | (6.3K) | (46.8K) | (53.7K) | |
| Roic | (0.28) | 2.11 | 1.53 | (1.4) | (1.73) | (0.27) | |
| Net Income Per Share | (28.7K) | (245.7K) | (284.6K) | (59.9K) | (158.6K) | (30.1K) | |
| Payables Turnover | 9.12 | 21.91 | 0.24 | 0.58 | 0.0208 | 6.02 | |
| Research And Ddevelopement To Revenue | 0.001476 | 0.002348 | 0.0256 | 0.0458 | 211.44 | 0.00223 | |
| Capex To Revenue | 0.0331 | 0.084 | 0.008723 | 0.002462 | 294.87 | 0.0798 | |
| Cash Per Share | 9.6K | 169.83 | 183.5 | 4.4K | 25.3K | 9.1K | |
| Pocfratio | (677.25) | (909.21) | (243.2) | (138.62) | (0.16) | (711.11) | |
| Interest Coverage | 5.11 | (0.67) | (1.06) | (3.6) | (75.66) | 5.37 | |
| Capex To Operating Cash Flow | (1.69) | (0.13) | (0.009233) | (0.18) | (0.6) | (1.61) | |
| Pfcf Ratio | (251.59) | (804.82) | (240.98) | (117.21) | (0.0969) | (264.17) | |
| Days Payables Outstanding | 40.03 | 16.66 | 1.5K | 627.24 | 17.6K | 38.03 | |
| Income Quality | 0.51 | 0.66 | 0.14 | 0.4 | 0.0889 | 0.35 | |
| Roe | (0.57) | 1.14 | 1.06 | (12.61) | (4.65) | (0.59) | |
| Ev To Operating Cash Flow | (678.7) | (917.24) | (245.59) | (138.01) | 0.64 | (712.63) | |
| Pe Ratio | (448.3) | (82.32) | (65.15) | (12.32) | (0.0286) | (425.89) | |
| Return On Tangible Assets | (0.48) | (2.49) | (4.46) | (6.39) | (3.37) | (0.5) | |
| Ev To Free Cash Flow | (252.13) | (811.93) | (243.35) | (116.69) | 0.4 | (264.73) | |
| Earnings Yield | (0.002231) | (0.0121) | (0.0153) | (0.0812) | (34.94) | (0.002342) | |
| Intangibles To Total Assets | 0.6 | 0.12 | 0.15 | 0.62 | 0.32 | 0.42 | |
| Net Debt To E B I T D A | (2.75) | (23.51) | (2.06) | 0.42 | 0.29 | (2.89) | |
| Current Ratio | 0.86 | 0.26 | 0.0957 | 0.71 | 1.42 | 0.9 | |
| Tangible Book Value Per Share | (39.9K) | (229.7K) | (279.4K) | (2.4K) | 22.8K | (37.9K) | |
| Graham Number | 181.0K | 1.1M | 1.3M | 80.0K | 348.8K | 172.0K |
Pair Trading with Mullen Automotive
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 Automotive 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 Automotive will appreciate offsetting losses from the drop in the long position's value.Moving together with Mullen Stock
Moving against Mullen Stock
| 0.82 | XPEV | Xpeng Inc | PairCorr |
| 0.73 | LI | Li Auto Buyout Trend | PairCorr |
| 0.68 | MOD | Modine Manufacturing | PairCorr |
| 0.57 | BWA | BorgWarner | PairCorr |
| 0.55 | HSAI | Hesai Group American Trending | PairCorr |
The ability to find closely correlated positions to Mullen Automotive 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 Automotive 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 Automotive - 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 Automotive to buy it.
The correlation of Mullen Automotive 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 Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Automotive 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 Automotive 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.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 closely tied 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Automobile Manufacturers space 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 249.7 K | Revenue Per Share 2.51 | Quarterly Revenue Growth (0.79) | Return On Assets (0.48) | Return On Equity (2.60) |
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.