Mullen Group Ltd.

MTL.TOTSXIndustrials● Active

$23.35

+$0.69(+3.05%)

Market Cap$2.2B

P/E Ratio—

52W High$23.37

52W Low$12.98

Avg Volume290K

Open$22.75

Beta0.93

Cash on Hand Financials Revenue

Mullen Group Ltd. (MTL.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

MTL.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$144.6M▲ +14.5% vs prior year

FY · as of Dec 31, 2025 · Reported in CAD

Cash & Cash Equiv. (CCE)

$144.6M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+14.5%

vs prior fiscal year

Latest Quarter

$141.7M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$144.6MCash on Hand

Total Debt$1.27BTotal Debt

Net Cash / Net Debt−$1.13BNet Debt Position

Cash vs Debt Ratio

Cash 10%Mullen Group Ltd. cash as % of market cap: 6.46%% · MCap $2BDebt 90%

Mullen Group Ltd. carries a net debt position of $1.13B. Total debt ($1.27B) exceeds cash on hand ($144.6M). Mullen Group Ltd. cash vs debt ratio: 10% cash / 90% debt.

Net Cash = Cash & ST Investments − Total Debt$144.6M − $1.27B = −$1.13B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

MTL.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

MTL.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$144.6M+14.5%

Dec 31, 2024FY$126.3M+5402.7%

Dec 31, 2023FY$2.3M-73.8%

Dec 31, 2022FY$8.8M-76.9%

Dec 31, 2021FY$37.9M-64.0%

MTL.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

MTL.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Mullen Group Ltd.YOU

MTL.TO

$144.6M$2B6.5%

Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Mullen Group Ltd. (MTL.TO) cash on hand as of December 31, 2025 is $144.6M, comprising $144.6M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Mullen Group Ltd. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Mullen Group Ltd. cash reserves or cash position.

Mullen Group Ltd. annual cash on hand history shows increased +14.5% in 2025: increased +14.5% in 2025. Mullen Group Ltd. cash reserves in 2025 reflect the company's capital allocation strategy.

Mullen Group Ltd. carries total debt of $1.27B against cash of $144.6M, resulting in a net debt position of -$1.13B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

MTL.TO cash on hand · 5 questions

As of December 31, 2025, Mullen Group Ltd. (MTL.TO) has $144,638,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $144,638,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $141,749,000. Data sourced from the annual 10-K filing via FMP.

MTL.TO cash on handMTL.TO cash reservesMTL.TO cash 2025how much cash does MTL.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Mullen Group Ltd. · Mullen Group Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025