Mullen Net Debt vs Non Current Liabilities Total Analysis

MULN Stock

USD 2.94 0.26 8.13%

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 Debt and its Non Current Liabilities Total 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 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mullen Automotive Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.

The correlation between Mullen Automotive's Net Debt and Non Current Liabilities Total is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Debt and Non Current Liabilities Total 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 Debt of Mullen Automotive are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Mullen Automotive's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

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 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 Selling General Administrative is very stable compared to the past year. As of the 22nd of November 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)
Interest Expense	26.9M	5.0M	5.7M	9.0M
Depreciation And Amortization	3.7M	16.4M	18.8M	19.8M

Interest Expense Depreciation And Amortization

Mullen Automotive fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Other Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Non Currrent Assets Other	Good Will
Total Assets		0.96	-0.05	0.65	-0.99	0.95	0.83	-0.13	0.83	-0.36	0.74	0.98	0.89	0.97	0.75	0.68	0.97	0.99	0.98	0.95	0.97	0.58	0.96	0.8	0.76	0.73
Total Current Liabilities	0.96		-0.33	0.83	-0.93	0.84	0.62	-0.12	0.62	-0.35	0.89	0.89	0.98	1.0	0.57	0.84	0.97	0.92	0.88	1.0	1.0	0.77	0.84	0.68	0.64	0.65
Total Stockholder Equity	-0.05	-0.33		-0.78	-0.04	0.22	0.5	0.01	0.5	0.04	-0.7	0.13	-0.49	-0.31	0.3	-0.76	-0.15	-0.03	0.14	-0.37	-0.3	-0.83	0.17	0.35	0.41	0.11
Net Debt	0.65	0.83	-0.78		-0.57	0.39	0.15	-0.09	0.15	-0.26	0.99	0.5	0.92	0.82	0.3	1.0	0.68	0.64	0.5	0.85	0.81	1.0	0.48	0.18	0.1	0.36
Retained Earnings	-0.99	-0.93	-0.04	-0.57		-0.98	-0.86	0.13	-0.86	0.35	-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
Accounts Payable	0.95	0.84	0.22	0.39	-0.98		0.9	-0.12	0.9	-0.33	0.5	0.99	0.72	0.85	0.7	0.42	0.93	0.91	0.98	0.82	0.86	0.31	0.94	0.93	0.93	0.73
Cash	0.83	0.62	0.5	0.15	-0.86	0.9		-0.11	1.0	-0.29	0.27	0.9	0.5	0.66	0.89	0.19	0.71	0.85	0.92	0.6	0.65	0.07	0.94	0.81	0.8	0.68
Other Assets	-0.13	-0.12	0.01	-0.09	0.13	-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	-0.12	0.03	-0.05	0.25
Cash And Short Term Investments	0.83	0.62	0.5	0.15	-0.86	0.9	1.0	-0.11		-0.29	0.27	0.9	0.5	0.66	0.89	0.19	0.71	0.85	0.92	0.6	0.65	0.07	0.94	0.81	0.8	0.68
Common Stock Shares Outstanding	-0.36	-0.35	0.04	-0.26	0.35	-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
Non Current Liabilities Total	0.74	0.89	-0.7	0.99	-0.67	0.5	0.27	-0.1	0.27	-0.28		0.6	0.96	0.88	0.4	1.0	0.76	0.73	0.6	0.91	0.88	0.98	0.59	0.29	0.21	0.44
Other Stockholder Equity	0.98	0.89	0.13	0.5	-1.0	0.99	0.9	-0.13	0.9	-0.35	0.6		0.8	0.9	0.76	0.53	0.95	0.97	1.0	0.87	0.91	0.42	0.97	0.88	0.86	0.74
Total Liab	0.89	0.98	-0.49	0.92	-0.85	0.72	0.5	-0.12	0.5	-0.33	0.96	0.8		0.98	0.51	0.93	0.91	0.87	0.79	0.99	0.98	0.88	0.76	0.54	0.48	0.58
Total Current Assets	0.97	1.0	-0.31	0.82	-0.94	0.85	0.66	-0.12	0.66	-0.35	0.88	0.9	0.98		0.62	0.84	0.97	0.94	0.9	1.0	1.0	0.76	0.87	0.68	0.64	0.66
Common Stock	0.75	0.57	0.3	0.3	-0.74	0.7	0.89	-0.09	0.89	-0.28	0.4	0.76	0.51	0.62		0.34	0.57	0.83	0.81	0.57	0.61	0.25	0.89	0.51	0.46	0.58
Short Long Term Debt Total	0.68	0.84	-0.76	1.0	-0.6	0.42	0.19	-0.09	0.19	-0.26	1.0	0.53	0.93	0.84	0.34		0.7	0.67	0.53	0.87	0.83	0.99	0.52	0.21	0.13	0.38
Other Current Liab	0.97	0.97	-0.15	0.68	-0.97	0.93	0.71	-0.13	0.71	-0.35	0.76	0.95	0.91	0.97	0.57	0.7		0.93	0.93	0.96	0.97	0.61	0.88	0.82	0.8	0.7
Property Plant And Equipment Net	0.99	0.92	-0.03	0.64	-0.98	0.91	0.85	-0.13	0.85	-0.36	0.73	0.97	0.87	0.94	0.83	0.67	0.93		0.98	0.92	0.94	0.58	0.98	0.74	0.7	0.72
Non Current Assets Total	0.98	0.88	0.14	0.5	-0.99	0.98	0.92	-0.13	0.92	-0.35	0.6	1.0	0.79	0.9	0.81	0.53	0.93	0.98		0.87	0.9	0.42	0.99	0.85	0.83	0.74
Net Receivables	0.95	1.0	-0.37	0.85	-0.91	0.82	0.6	-0.12	0.6	-0.35	0.91	0.87	0.99	1.0	0.57	0.87	0.96	0.92	0.87		1.0	0.8	0.83	0.65	0.6	0.64
Other Current Assets	0.97	1.0	-0.3	0.81	-0.94	0.86	0.65	-0.12	0.65	-0.35	0.88	0.91	0.98	1.0	0.61	0.83	0.97	0.94	0.9	1.0		0.76	0.87	0.69	0.65	0.67
Short Term Debt	0.58	0.77	-0.83	1.0	-0.5	0.31	0.07	-0.08	0.07	-0.23	0.98	0.42	0.88	0.76	0.25	0.99	0.61	0.58	0.42	0.8	0.76		0.41	0.1	0.02	0.3
Intangible Assets	0.96	0.84	0.17	0.48	-0.97	0.94	0.94	-0.12	0.94	-0.35	0.59	0.97	0.76	0.87	0.89	0.52	0.88	0.98	0.99	0.83	0.87	0.41		0.79	0.76	0.73
Current Deferred Revenue	0.8	0.68	0.35	0.18	-0.85	0.93	0.81	0.03	0.81	-0.4	0.29	0.88	0.54	0.68	0.51	0.21	0.82	0.74	0.85	0.65	0.69	0.1	0.79		0.98	0.82
Non Currrent Assets Other	0.76	0.64	0.41	0.1	-0.83	0.93	0.8	-0.05	0.8	-0.3	0.21	0.86	0.48	0.64	0.46	0.13	0.8	0.7	0.83	0.6	0.65	0.02	0.76	0.98		0.69
Good Will	0.73	0.65	0.11	0.36	-0.74	0.73	0.68	0.25	0.68	-0.6	0.44	0.74	0.58	0.66	0.58	0.38	0.7	0.72	0.74	0.64	0.67	0.3	0.73	0.82	0.69

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Mullen Automotive Account Relationship Matchups

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

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 against Mullen Stock

0.71	ZK	ZEEKR Intelligent	Pair Corr
0.69	LI	Li Auto	Pair Corr
0.59	NIO	Nio Class A Aggressive Push	Pair Corr
0.53	BWA	BorgWarner	Pair Corr
0.44	DORM	Dorman Products	Pair Corr

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.

Pair Correlation Correlation Matching

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:

How To Invest In Mullen

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Is Mullen Stock a good investment?

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What is Mullen Automotive's Net Worth?

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Largest Automobiles & Components Companies

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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

298.2 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.

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Mullen Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Mullen Automotive fundamental ratios Correlations

Mullen Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mullen Automotive fundamental ratios Accounts

Pair Trading with Mullen Automotive

Moving against Mullen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Other Current Assets	+ 1.0	Total Current Liabilities
Short Long Term Debt Total	+ 1.0	Net Debt
Short Term Debt	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 1.0	Retained Earnings
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Assets
Property Plant And Equipment Net	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Intangible Assets	- 0.97	Retained Earnings