Mullen Automotive Inc. (MULN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mullen Automotive Inc. (MULN) has a cash flow conversion efficiency ratio of 0.194x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-20.82 Million) by net assets ($-107.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Mullen Automotive Inc. (MULN) liquidity interval to measure how many days the company can operate on defensive assets alone.
Mullen Automotive Inc. - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Mullen Automotive Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mullen Automotive Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mullen Automotive Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Made Tech Group PLC
LSE:MTEC
|
0.110x |
|
Society Pass Inc
NASDAQ:SOPA
|
-1.219x |
|
Universal Partners Ltd
JSE:UPL
|
-0.006x |
|
MCS Services Ltd
AU:MSG
|
-0.350x |
|
Midsona AB (publ)
ST:MSON-A
|
0.048x |
|
SecUR Credentials Limited
NSE:SECURCRED
|
0.033x |
|
Logistics Development Group PLC
LSE:LDG
|
-0.005x |
|
Baumart Holdings Ltd
AU:BMH
|
-0.258x |
Annual Cash Flow Conversion Efficiency for Mullen Automotive Inc. (2011–2024)
The table below shows the annual cash flow conversion efficiency of Mullen Automotive Inc. from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see MULN market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | $-16.55 Million | $-185.56 Million | 11.215x | +1807.53% |
| 2023-09-30 | $272.81 Million | $-179.17 Million | -0.657x | -56.67% |
| 2022-09-30 | $156.96 Million | $-65.80 Million | -0.419x | -247.64% |
| 2021-09-30 | $-61.71 Million | $-17.52 Million | 0.284x | +176.06% |
| 2020-09-30 | $-42.50 Million | $-4.37 Million | 0.103x | -1.80% |
| 2019-09-30 | $-33.88 Million | $-3.55 Million | 0.105x | +127.31% |
| 2018-09-30 | $13.14 Million | $-5.04 Million | -0.384x | -4751314.72% |
| 2016-09-30 | $4.06 Trillion | $-32.78 Million | 0.000x | -331.62% |
| 2015-09-30 | $9.04 Trillion | $-16.91 Million | 0.000x | -27.84% |
| 2014-09-30 | $-15.41 Trillion | $22.54 Million | 0.000x | +100.00% |
| 2013-09-30 | $17.01 Million | $-25.18 Million | -1.480x | -27846.64% |
| 2012-09-30 | $22.70 Million | $-120.22K | -0.005x | 0.00% |
| 2011-09-30 | $22.70 Million | $-120.22K | -0.005x | -- |
About Mullen Automotive Inc.
Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles in the United States. The company operates in two segments, Bollinger and Mullen Commercial. Its products include passenger and commercial vehicles; and provides battery system technology. The company is headquartered in Brea, California.