MLLGF (Mullen Group) Equity-to-Asset: 0.45 (As of Jun. 2026) — Near Median

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MLLGF Mullen Group Ltd MLLGF
71 GF Score
Price $20.31
GF Value $11.46
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Equity-to-Asset?

Mullen Group MLLGF +5.89% 71 Equity-to-Asset is 0.45 as of Jun. 2026, which is 6% below its 10-year median of 0.48. GuruFocus rates MLLGF with a GF Score™ of 71/100 and a GF Value™ of $11.46 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,013 Transportation companies, Mullen Group ranks worse than 56.96% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mullen Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $832 Mil. Mullen Group's Total Assets for the quarter that ended in Jun. 2026 was $1,867 Mil. Therefore, Mullen Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.45.

The historical rank and industry rank for Mullen Group's Equity-to-Asset or its related term are showing as below:

MLLGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.48   Max: 0.59
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Mullen Group was 0.59. The lowest was 0.39. And the median was 0.48.

MLLGF's Equity-to-Asset is ranked worse than
56.96% of 1013 companies
in the Transportation industry
Industry Median: 0.5 vs MLLGF: 0.45

Mullen Group  (OTCPK:MLLGF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Mullen Group Equity-to-Asset Related Terms


Mullen Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mullen Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mullen Group Equity-to-Asset Chart

Mullen Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.49 0.48 0.44 0.44

Mullen Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.39 0.44 0.44 0.45

MLLGF vs ODFL, XPO, KNX: Equity-to-Asset Comparison

For the Trucking subindustry, Mullen Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mullen Group Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mullen Group's Equity-to-Asset falls into.


MLLGF
71GF Score
Mullen Group Ltd MLLGF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mullen Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Mullen Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=826.721/1863.244
=0.44

Mullen Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=832.196/1867.276
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.45 mean?
Mullen Group (MLLGF) has a Equity-to-Asset of 0.45 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mullen Group and its competitors. This is near median its historical median of 0.48. Over the past decade, Mullen Group's Equity-to-Asset has ranged from 0.39 to 0.59. According to the industry distribution chart, Mullen Group ranks #577 out of 1013 companies in the Transportation industry, placing it in the top 57%.
Is Mullen Group's Equity-to-Asset too high?
Mullen Group's current Equity-to-Asset of 0.45 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.59. The Transportation industry median Equity-to-Asset is 0.50. Mullen Group's value of 0.45 is 10% below this industry median. Based on the distribution chart, Mullen Group ranks #577 out of 1013 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Equity-to-Asset compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #577 out of 1013 companies for Equity-to-Asset. This places Mullen Group in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Mullen Group's value of 0.45 is 10% below this benchmark. Historically, Mullen Group's own Equity-to-Asset has ranged from 0.39 to 0.59 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.50, Mullen Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mullen Group's current Equity-to-Asset of 0.45 is 10% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mullen Group and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Equity-to-Asset is 0.45, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.46, compared to a current price of $20.31 — trading 77.2% above its estimated fair value. The current Equity-to-Asset is 0.45, which is near median its 10-year median of 0.48 and 10% below the Transportation industry median of 0.50. Mullen Group's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Equity-to-Asset is 0.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $20.31 is trading 77.2% above its estimated GF Value™ of $11.46. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Equity-to-Asset: 0.45 (near median its 10-year median of 0.48)
  • GF Value™: $11.46 vs. price of $20.31 (77.2% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 10% below the Transportation median (#577 of 1013)

No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
71GF Score

Get the complete analysis for MLLGF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.31
Price
$11.46
GF Value