Mullen Automotive (MULN) - Net assets

Net assets on the balance sheet as of June 2025 : -£80.3 Million

According to Mullen Automotive's latest financial reports the company has -£80.3 Million 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 2025)

Net assets by year

Year	Net assets	Change
2024-09-30	$-£12.37 Million	-105.53%
2023-09-30	$£0.22 B	58.57%
2022-09-30	$£0.14 B	-407.89%
2021-09-30	$-£45.82 Million	39.24%
2020-09-30	$-£32.91 Million	19.37%
2019-09-30	$-£27.57 Million

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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