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
Bollinger Innovations, Inc. (BINI) - Total Assets
Latest total assets as of June 2025: $89.23 Million USD
Based on the latest financial reports, Bollinger Innovations, Inc. (BINI) holds total assets worth $89.23 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bollinger Innovations, Inc. - Total Assets Trend (2011–2024)
This chart illustrates how Bollinger Innovations, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bollinger Innovations, Inc. - Asset Composition Analysis
Current Asset Composition (September 2024)
Bollinger Innovations, Inc.'s total assets of $89.23 Million consist of 35.4% current assets and 64.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.8% |
| Accounts Receivable | $124.30K | 0.1% |
| Inventory | $37.50 Million | 21.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $27.06 Million | 15.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Bollinger Innovations, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bollinger Innovations, Inc.'s current assets represent 35.4% of total assets in 2024, an increase from 0.2% in 2011.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 0.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 21.0% of total assets.
Bollinger Innovations, Inc. Competitors by Total Assets
Key competitors of Bollinger Innovations, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
Bollinger Innovations, Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bollinger Innovations, Inc. generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bollinger Innovations, Inc. is currently not profitable relative to its asset base.
Bollinger Innovations, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.23 | 0.53 | 0.84 |
| Quick Ratio | 0.08 | 0.23 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-144.10 Million | $ -59.00 Million | $ -1.61 Million |
Bollinger Innovations, Inc. - Advanced Valuation Insights
This section examines the relationship between Bollinger Innovations, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.35 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -57.6% |
| Total Assets | $178.63 Million |
| Market Capitalization | $1.33K USD |
Valuation Analysis
Below Book Valuation: The market values Bollinger Innovations, Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bollinger Innovations, Inc.'s assets decreased by 57.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bollinger Innovations, Inc. (2011–2024)
The table below shows the annual total assets of Bollinger Innovations, Inc. from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $178.63 Million | -57.64% |
| 2023-09-30 | $421.71 Million | +39.36% |
| 2022-09-30 | $302.59 Million | +1662.09% |
| 2021-09-30 | $17.17 Million | -21.90% |
| 2020-09-30 | $21.99 Million | -3.96% |
| 2019-09-30 | $22.89 Million | -29.30% |
| 2018-09-30 | $32.38 Million | +38.92% |
| 2016-09-30 | $23.31 Million | +1.73% |
| 2015-09-30 | $22.91 Million | +59.98% |
| 2014-09-30 | $14.32 Million | -49.53% |
| 2013-09-30 | $28.38 Million | +22.07% |
| 2012-09-30 | $23.25 Million | -49.77% |
| 2011-09-30 | $46.28 Million | -- |