Microvast Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Microvast Holdings has a total shareholder equity of $509.2M and total debt of $243.5M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are $1.0B and $511.8M respectively.
Key information
47.8%
Debt to equity ratio
US$243.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$63.59m |
| Equity | US$509.20m |
| Total liabilities | US$511.80m |
| Total assets | US$1.02b |
Recent financial health updates
Recent updates
Microvast Holdings: Sell The Rally On Persistent Funding Needs
Dec 04Investors Give Microvast Holdings, Inc. (NASDAQ:MVST) Shares A 27% Hiding
Oct 30
Positive 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 03The Right Move On Microvast Holdings
Mar 08Financial Position Analysis
Short Term Liabilities: MVST's short term assets ($437.6M) exceed its short term liabilities ($335.9M).
Long Term Liabilities: MVST's short term assets ($437.6M) exceed its long term liabilities ($175.9M).
Debt to Equity History and Analysis
Debt Level: MVST's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MVST's debt to equity ratio has reduced 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 less than a year of cash runway 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 33.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Microvast Holdings, Inc. is covered by 5 analysts. 1 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. |
| Adam Jonas | Morgan Stanley |