Microvast Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Microvast Holdings has a total shareholder equity of $454.2M and total debt of $278.1M, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are $982.9M and $528.7M respectively. Microvast Holdings's EBIT is $15.6M making its interest coverage ratio 1.9. It has cash and short-term investments of $90.9M.
Key information
61.23%
Debt to equity ratio
US$278.13m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$90.90m |
| Equity | US$454.24m |
| Total liabilities | US$528.70m |
| Total assets | US$982.93m |
Recent financial health updates
Recent updates
Is Microvast Holdings (NASDAQ:MVST) Using Too Much Debt?
Apr 06
ME6 ESS And Silicon-Enhanced Cells Will Open Global Markets
Microvast's focus on innovation and strategic partnerships aims to drive significant revenue growth and enhance market share across key sectors.Slammed 25% Microvast Holdings, Inc. (NASDAQ:MVST) Screens Well Here But There Might Be A Catch
Mar 15Investors Still Aren't Entirely Convinced By Microvast Holdings, Inc.'s (NASDAQ:MVST) Revenues Despite 61% Price Jump
Jan 09Microvast Holdings: Sell The Rally On Persistent Funding Needs
Dec 04Investors Give Microvast Holdings, Inc. (NASDAQ:MVST) Shares A 27% Hiding
Oct 30Positive Sentiment Still Eludes Microvast Holdings, Inc. (NASDAQ:MVST) Following 29% Share Price Slump
Sep 14Microvast Holdings, Inc. (NASDAQ:MVST) Doing What It Can To Lift Shares
Jul 31Calculating The Intrinsic Value Of Microvast Holdings, Inc. (NASDAQ:MVST)
Oct 05Is Now An Opportune Moment To Examine Microvast Holdings, Inc. (NASDAQ:MVST)?
Aug 21Microvast: Not Worth The Risk For Now
Aug 19Microvast Holdings GAAP EPS of -$0.40, revenue of $64.41M
Aug 11Microvast: Losing Money With The Decarbonization Of Transport
Jul 03Financial Position Analysis
Short Term Liabilities: MVST's short term assets ($448.0M) exceed its short term liabilities ($339.9M).
Long Term Liabilities: MVST's short term assets ($448.0M) exceed its long term liabilities ($188.8M).
Debt to Equity History and Analysis
Debt Level: MVST's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: MVST's debt to equity ratio has reduced from 288.9% to 61.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MVST has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MVST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/13 18:30 |
| End of Day Share Price | 2025/06/13 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Microvast Holdings, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Soderberg | Cantor Fitzgerald & Co. |
| Amit Dayal | H.C. Wainwright & Co. |
| Sean Milligan | Janney Montgomery Scott LLC |