Microvast Holdings, Inc. Balance Sheet
MVST / Industrials|6 years of annual SEC 10-K data (FY2019-FY2024)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 6 fiscal years. All figures from audited SEC 10-K filings.
Microvast Holdings, Inc. had $952M in total assets and $388M in shareholders' equity as of FY2024. Total debt was $41M against $73M in cash, resulting in a $32M net cash position.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Conservative debt: Debt-to-equity ratio of 0.11
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $73.0M | $44.5M | $231.4M | $480.9M | $21.5M | $140.3K |
| Accounts Receivable | $120.6M | $138.7M | $119.3M | $88.7M | $76.3M | - |
| Inventory | $143.3M | $149.7M | $84.3M | $53.4M | $45.0M | - |
| Current Assets | $428.0M | $425.6M | $545.1M | $706.6M | $189.3M | $396.4K |
| PP&E (Net) | $478.2M | $620.7M | $335.1M | $253.1M | $198.0M | - |
| Total Assets | $951.9M | $1.1B | $985.0M | $995.3M | $404.5M | $280.5M |
| Current Liabilities | $330.2M | $403.4M | $252.4M | $175.6M | $183.6M | $269.1K |
| Total Debt | $41.1M | $43.8M | $29.0M | $0 | - | - |
| Shareholders' Equity | $387.9M | $564.2M | $613.0M | $686.7M | -$384.6M | -$320.3M |