Mullen Automotive (MULN)

Net assets on the balance sheet as of March 2024 : £89.46 M

According to Mullen Automotive's latest financial reports the company has £89.46 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mullen Automotive - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$£0.22 B	58.57%
2022-09-30	$£0.14 B	-407.79%
2021-09-30	$-£45.83 M	39.12%
2020-09-30	$-£32.95 M	19.51%
2019-09-30	$-£27.57 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Mullen Automotive (MULN) - Net assets