Mullen Automotive Inc. Tangible Net Worth Ratio
Mullen Automotive Inc. tangible net worth ratio. Mullen Automotive Inc. (MULN) has a Tangible Net Worth Ratio of 47.3% as of June 2024. This metric is calculated by deducting intangible assets ($27.94 Million) from net assets ($53.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Mullen Automotive Inc. to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Mullen Automotive Inc. (2011–2023)
Tangible net worth ratio of Mullen Automotive Inc. from 2011 to 2023. This chart shows how Mullen Automotive Inc.'s Tangible Net Worth Ratio has changed across 9 annual periods from 2011 to 2023. As of June 2024, the ratio stands at 47.3%, reflecting net assets of $53.00 Million with intangible assets of $27.94 Million USD. Check Mullen Automotive Inc. (MULN) strategic asset index to assess the company's strategic physical and investment asset allocation.
Mullen Automotive Inc. Tangible Net Worth Ratio by Year (2011–2023)
Mullen Automotive Inc. tangible net worth ratio by year from 2011 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Mullen Automotive Inc. from 2011 to 2023, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see MULN stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 61.8% | $272.81 Million | $104.24 Million | $421.71 Million | ▲ +21.6 pp |
| 2022 | 40.1% | $156.96 Million | $93.95 Million | $302.59 Million | ▼ -36.1 pp |
| 2018 | 76.2% | $13.14 Million | $3.13 Million | $32.33 Million | ▲ +0.0 pp |
| 2017 | 76.2% | $13.14 Million | $3.13 Million | $32.33 Million | ▲ +64.6 pp |
| 2016 | 11.6% | $4.06 Trillion | $3.59 Trillion | $23.31 Trillion | ▼ -28.4 pp |
| 2015 | 40.0% | $9.04 Trillion | $5.42 Trillion | $22.91 Trillion | ▼ -58.7 pp |
| 2013 | 98.7% | $17.01 Million | $212.87K | $28.38 Million | ▼ -1.3 pp |
| 2012 | 100.0% | $22.70 Million | $0.00 | $23.25 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $22.70 Million | $0.00 | $23.25 Million | — |