Bollinger Innovations, Inc. (BINI) - Net Assets
Based on the latest financial reports, Bollinger Innovations, Inc. (BINI) has net assets worth $-107.05 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($89.23 Million) and total liabilities ($196.28 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Bollinger Innovations, Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-107.05 Million |
| % of Total Assets | -119.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -401.65% |
| Growth Volatility | 148.95 |
Bollinger Innovations, Inc. - Net Assets Trend (2011–2024)
This chart illustrates how Bollinger Innovations, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore BINI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Bollinger Innovations, Inc. (2011–2024)
The table below shows the annual net assets of Bollinger Innovations, Inc. from 2011 to 2024. For live valuation and market cap data, see Bollinger Innovations, Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-16.55 Million | -106.07% |
| 2023-09-30 | $272.81 Million | +73.81% |
| 2022-09-30 | $156.96 Million | +354.34% |
| 2021-09-30 | $-61.71 Million | -45.19% |
| 2020-09-30 | $-42.50 Million | -25.47% |
| 2019-09-30 | $-33.88 Million | -356.75% |
| 2018-09-30 | $13.19 Million | +224.87% |
| 2016-09-30 | $4.06 Million | -55.08% |
| 2015-09-30 | $9.04 Million | +64.83% |
| 2014-09-30 | $5.49 Million | -67.75% |
| 2013-09-30 | $17.01 Million | -25.06% |
| 2012-09-30 | $22.70 Million | -50.37% |
| 2011-09-30 | $45.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bollinger Innovations, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 231838452900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.58K | % |
| Other Components | $2.29 Billion | % |
| Total Equity | $-28.56 Million | 100.00% |
Bollinger Innovations, Inc. Competitors by Market Cap
The table below lists competitors of Bollinger Innovations, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CABASSE S.A. EO -50
F:LB0
|
$40.77K |
|
t42 IoT Tracking Solutions PLC
LSE:TRAC
|
$41.39K |
|
Beowulf Mining
LSE:BEM
|
$41.48K |
|
London & Associated Properties
LSE:LAS
|
$41.53K |
|
Argentex Group PLC
LSE:AGFX
|
$39.86K |
|
British and American Investment Trust PLC
LSE:BAF
|
$39.54K |
|
HYDROTEC GES.F.WASSERT
HM:HYW
|
$39.53K |
|
Jarvis Securities
LSE:JIM
|
$39.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bollinger Innovations, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 208,952,537 to -28,556,026, a change of -237,508,563 (-113.7%).
- Net loss of 457,058,901 reduced equity.
- Other factors increased equity by 219,550,338.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-457.06 Million | -1600.57% |
| Other Changes | $219.55 Million | +768.84% |
| Total Change | $- | -113.67% |
Book Value vs Market Value Analysis
This analysis compares Bollinger Innovations, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | $0.00 | $0.08 | x |
| 2012-09-30 | $22696562.00 | $0.08 | x |
| 2013-09-30 | $0.00 | $0.08 | x |
| 2014-09-30 | $0.00 | $0.08 | x |
| 2015-09-30 | $0.00 | $0.08 | x |
| 2016-09-30 | $0.00 | $0.08 | x |
| 2018-09-30 | $0.00 | $0.08 | x |
| 2019-09-30 | $0.00 | $0.08 | x |
| 2020-09-30 | $0.00 | $0.08 | x |
| 2021-09-30 | $0.00 | $0.08 | x |
| 2022-09-30 | $0.00 | $0.08 | x |
| 2023-09-30 | $85286749.80 | $0.08 | x |
| 2024-09-30 | $-21609.94 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bollinger Innovations, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41766.40%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-207.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -111.35% | -13796.91% | 0.00x | 2.04x | $-27.54 Million |
| 2012 | -2.98% | 0.00% | 0.00x | 1.02x | $-2.95 Million |
| 2013 | -99.55% | -1222.67% | 0.05x | 1.67x | $-18.63 Million |
| 2014 | -186.23% | -48.10% | 1.48x | 2.61x | $-10.76 Million |
| 2015 | -150.74% | -33.12% | 1.76x | 2.59x | $-14.21 Million |
| 2016 | -341.17% | -25.08% | 2.33x | 5.84x | $-14.02 Million |
| 2018 | -75.74% | -16.69% | 1.85x | 2.45x | $-11.35 Million |
| 2019 | 0.00% | -10.10% | 2.84x | 0.00x | $-3.18 Million |
| 2020 | 0.00% | -9.10% | 2.99x | 0.00x | $-1.73 Million |
| 2021 | 0.00% | -67.33% | 3.83x | 0.00x | $-38.07 Million |
| 2022 | -1259.92% | 0.00% | 0.00x | 5.16x | $-745.40 Million |
| 2023 | -465.30% | -265643.33% | 0.00x | 2.02x | $-993.15 Million |
| 2024 | 0.00% | -41766.40% | 0.01x | 0.00x | $-454.20 Million |
Industry Comparison
This section compares Bollinger Innovations, Inc.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,375,881,248
- Average return on equity (ROE) among peers: -101.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bollinger Innovations, Inc. (BINI) | $-107.05 Million | -111.35% | N/A | $40.49K |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $-55.49 Million | 0.00% | 0.00x | $157.68 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $12.27 Million | -14.31% | 0.77x | $4.47 Million |
| Cenntro Electric Group Ltd (CENN) | $171.89 Million | -64.05% | 0.56x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $171.66 Million | -16.96% | 4.55x | $3.81 Million |
| China Yuchai International Limited (CYD) | $11.84 Billion | 1.85% | 1.04x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Bollinger Innovations, Inc.
Bollinger Innovations, 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 was formerly known as Mullen Automotive, Inc. and changed its name to Bollinger Innov… Read more