Mullen Group Ltd. (TSX:MTL)

Mullen Group Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	131.15	126.29	2.3	8.76	-	105.34
Cash & Short-Term Investments	131.15	126.29	2.3	8.76	-	105.34
Cash Growth	984.60%	5402.66%	-73.79%	-	-	33.30%
Accounts Receivable	261.08	262.14	248.03	259.54	217.13	173
Other Receivables	51.09	37.66	38.97	30.88	37.79	22.97
Receivables	312.18	299.79	287	290.43	254.91	195.98
Inventory	46.65	45.74	47.69	42.04	35.12	30.07
Prepaid Expenses	24.68	22.61	22.24	19.11	19.07	13.91
Other Current Assets	-	-	24.02	-	-	-
Total Current Assets	514.65	494.43	383.25	360.32	309.11	345.3
Property, Plant & Equipment	1,243	1,264	1,128	1,069	1,064	971.29
Long-Term Investments	44.21	44.22	43.2	45.57	38.52	35.76
Goodwill	374.88	374.21	367.08	366	358.73	271.34
Other Intangible Assets	110.19	112.22	91	99.62	99.16	45.87
Long-Term Accounts Receivable	-	-	-	0.15	0.09	0.21
Long-Term Deferred Tax Assets	7.02	7.14	7.29	6.7	9.63	9.07
Other Long-Term Assets	39.18	36.45	21.67	48.39	42.12	38.37
Total Assets	2,333	2,332	2,042	1,996	1,922	1,718
Accounts Payable	171.49	54.52	55.17	53.64	55.23	28.82
Accrued Expenses	-	0.01	-	0.03	0	0.04
Short-Term Debt	7.2	-	73	22.8	89.05	-
Current Portion of Long-Term Debt	0.03	0.03	243.6	0.21	0.05	0.02
Current Portion of Leases	42.58	43.43	25.58	20.99	17.89	11.44
Current Income Taxes Payable	0.51	4.32	3.76	19.39	3.34	3.69
Other Current Liabilities	6.12	110.64	101.3	102.93	92.75	62.2
Total Current Liabilities	227.93	212.94	502.4	219.99	258.31	106.2
Long-Term Debt	770.19	769.76	349.08	597.4	574.96	572.82
Long-Term Leases	175.04	184.34	72.83	70.87	63.36	23.59
Long-Term Deferred Tax Liabilities	145.44	146.93	140.87	132.92	135.08	117.29
Other Long-Term Liabilities	1.66	1.65	1.6	1.55	1.62	1.61
Total Liabilities	1,320	1,316	1,067	1,023	1,033	821.52
Common Stock	795.04	797.81	801.26	845.27	853.61	874.89
Additional Paid-In Capital	21.14	20.88	20.14	18.62	22.58	36.58
Retained Earnings	182.94	184.78	142.07	97.53	2.27	-24.16
Comprehensive Income & Other	13.37	13.4	11.41	11.98	10.2	9.12
Shareholders' Equity	1,012	1,017	974.88	973.4	888.66	896.42
Total Liabilities & Equity	2,333	2,332	2,042	1,996	1,922	1,718
Total Debt	995.03	997.56	764.08	712.28	745.32	607.87
Net Cash (Debt)	-863.88	-871.27	-761.79	-703.52	-745.32	-502.53
Net Cash Per Share	-9.11	-8.96	-7.69	-6.87	-7.75	-4.99
Filing Date Shares Outstanding	87.47	87.67	88.02	92.88	94.17	96.85
Total Common Shares Outstanding	87.47	87.67	88.07	92.95	94.53	96.85
Working Capital	286.72	281.49	-119.14	140.33	50.8	239.1
Book Value Per Share	11.58	11.60	11.07	10.47	9.40	9.26
Tangible Book Value	527.43	530.45	516.8	507.78	430.78	579.21
Tangible Book Value Per Share	6.03	6.05	5.87	5.46	4.56	5.98
Land	-	659.17	651.81	637.41	630.72	591.6
Machinery	-	1,243	1,209	1,136	1,135	1,099

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.