Mullen Group Ltd
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. It operates through four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight, such as smaller shipments, packages, and parcels; and pharmaceutical and package produ… Read more
Mullen Group Ltd (MLLGF) - Total Assets
Latest total assets as of September 2025: $2.63 Billion USD
Based on the latest financial reports, Mullen Group Ltd (MLLGF) holds total assets worth $2.63 Billion USD as of September 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.
Mullen Group Ltd - Total Assets Trend (1996–2024)
This chart illustrates how Mullen Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mullen Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Mullen Group Ltd's total assets of $2.63 Billion consist of 21.2% current assets and 78.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $299.79 Million | 12.9% |
| Inventory | $45.73 Million | 2.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $112.22 Million | 4.8% |
| Goodwill | $374.20 Million | 16.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Mullen Group Ltd'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: Mullen Group Ltd's current assets represent 21.2% of total assets in 2024, a decrease from 43.8% in 1996.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, down from 12.7% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 16.0% of total assets.
Mullen Group Ltd Competitors by Total Assets
Key competitors of Mullen Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samil Co.Ltd
KQ:032280
|
Korea | ₩106.14 Billion |
|
Kerry TJ Logistics Co Ltd
TW:2608
|
Taiwan | NT$24.85 Billion |
|
Chung Lien Transportation Co Ltd
TWO:5604
|
Taiwan | NT$2.61 Billion |
|
Dazhong Transportation Group Co Ltd A
SHG:600611
|
China | CN¥19.32 Billion |
|
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
|
China | CN¥5.59 Billion |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
China | CN¥15.27 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
China | CN¥16.14 Billion |
|
Hengtong Logistic Co Ltd
SHG:603223
|
China | CN¥5.40 Billion |
Mullen Group Ltd - 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
Strong asset utilization - Mullen Group Ltd generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Mullen Group Ltd generates $ 4.81 in net profit.
Mullen Group Ltd - 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 | 1.97 | 1.62 | 3.25 |
| Quick Ratio | 1.81 | 1.52 | 2.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $286.75 Million | $ 296.84 Million | $ 239.10 Million |
Mullen Group Ltd - Advanced Valuation Insights
This section examines the relationship between Mullen Group Ltd'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 | 1.36 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 14.2% |
| Total Assets | $2.33 Billion |
| Market Capitalization | $744.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mullen Group Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mullen Group Ltd's assets grew by 14.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mullen Group Ltd (1996–2024)
The table below shows the annual total assets of Mullen Group Ltd from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.33 Billion | +14.24% |
| 2023-12-31 | $2.04 Billion | +2.28% |
| 2022-12-31 | $2.00 Billion | +3.86% |
| 2021-12-31 | $1.92 Billion | +11.88% |
| 2020-12-31 | $1.72 Billion | -1.79% |
| 2019-12-31 | $1.75 Billion | +6.28% |
| 2018-12-31 | $1.65 Billion | -5.99% |
| 2017-12-31 | $1.75 Billion | -6.53% |
| 2016-12-31 | $1.87 Billion | +3.08% |
| 2015-12-31 | $1.82 Billion | -2.42% |
| 2014-12-31 | $1.86 Billion | +17.29% |
| 2013-12-31 | $1.59 Billion | +2.04% |
| 2012-12-31 | $1.56 Billion | +1.88% |
| 2011-12-31 | $1.53 Billion | -21.32% |
| 2010-12-31 | $1.94 Billion | +0.73% |
| 2009-12-31 | $1.93 Billion | +2.38% |
| 2008-12-31 | $1.88 Billion | +6.30% |
| 2007-12-31 | $1.77 Billion | -12.41% |
| 2006-12-31 | $2.02 Billion | +297.40% |
| 2005-12-31 | $508.62 Million | +26.93% |
| 2004-12-31 | $400.71 Million | +5.00% |
| 2003-12-31 | $381.64 Million | +29.58% |
| 2002-12-31 | $294.53 Million | +27.21% |
| 2001-12-31 | $231.54 Million | +1.11% |
| 2000-12-31 | $229.00 Million | +29.52% |
| 1999-12-31 | $176.80 Million | +21.93% |
| 1998-12-31 | $145.00 Million | +5.61% |
| 1997-12-31 | $137.30 Million | +20.44% |
| 1996-12-31 | $114.00 Million | -- |