MULN
Price:
$0.303
Market Cap:
$60.63M
Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.
Industry
Auto - Manufacturers
IPO Date
2008-10-17
Stock Exchange
NASDAQ
Ticker
MULN
According to Mullen Automotive, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of -14.93% compared to the average of 0.27 of the last 4 quarters.
The mean historical Current Ratio of Mullen Automotive, Inc. over the last ten years is 0.67. The current 0.23 Current Ratio has changed 3.29% with respect to the historical average. Over the past ten years (40 quarters), MULN's Current Ratio was at its highest in in the March 2022 quarter at 1.94. The Current Ratio was at its lowest in in the March 2021 quarter at 0.02.
Average
0.67
Median
0.65
Minimum
0.10
Maximum
1.42
Discovering the peaks and valleys of Mullen Automotive, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 637.95%
Maximum Annual Current Ratio = 1.42
Minimum Annual Increase = -75.70%
Minimum Annual Current Ratio = 0.10
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.34 | -75.70% |
| 2023 | 1.42 | 100.92% |
| 2022 | 0.71 | 637.95% |
| 2021 | 0.10 | -63.65% |
| 2020 | 0.26 | -36.79% |
| 2019 | 0.42 | -51.74% |
| 2018 | 0.86 | -33.52% |
| 2017 | 1.30 | 118.25% |
| 2016 | 0.59 | -15.40% |
| 2015 | 0.70 | -19.06% |
The current Current Ratio of Mullen Automotive, Inc. (MULN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.82
5-year avg
0.57
10-year avg
0.67
Mullen Automotive, Inc.’s Current Ratio is less than Nu Ride Inc. (49.76), less than Lucid Group, Inc. (1.81), less than XPeng Inc. (1.14), greater than Canoo Inc. (0.14), less than Hycroft Mining Holding Corporation (18.44), less than Vinco Ventures, Inc. (3.14), less than Imperial Petroleum Inc. (1.55), less than Exela Technologies, Inc. (0.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 49.76 | $22.53M | |
| 1.81 | $3.78B | |
| 1.14 | $18.03B | |
| 0.14 | $5.36M | |
| 18.44 | $1.08B | |
| 3.14 | $15.36K | |
| 1.55 | $144.88M | |
| 0.57 | $1.12M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Mullen Automotive, Inc. (MULN)?
How does the current Current Ratio for Mullen Automotive, Inc. (MULN) compare to its historical average?