Microvast Holdings, Inc. Cash & Equivalents History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
$73M in FY2024 with a 5-year CAGR of +249.3%.
Declined from $231M to $73M over the past 2 years.
Microvast Holdings, Inc.'s cash & equivalents of $73M is lower than 79% of companies in the Industrials sector (FY2024). Cash & Equivalents returned to growth in FY2024 after 2 years of decline, reaching $73M.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -46.7%
- 5-Year CAGR
- +249.3%
- 10-Year CAGR
- -
Cash & Equivalents Trend
Bottom 21% in IndustrialsTop 79% of 326This company $73.0M Sector average $700.9M
▼
-89.6% below sector average
Key Insights
- 5-year CAGR of +249.3%, indicating consistent growth.
- In FY2024, cash & equivalents increased 63.9% year-over-year.
- Ranks #257 out of 326 companies in the Industrials sector.
- Peak cash & equivalents was recorded in FY2021.
Annual Data
| Year | Cash & Equivalents | YoY Growth |
|---|---|---|
| FY2024 | $73.0M | +63.9% |
| FY2023 | $44.5M | -80.8% |
| FY2022 | $231.4M | -51.9% |
| FY2021 | $480.9M | +2137.3% |
| FY2020 | $21.5M | +15221.1% |
| FY2019 | $140.3K | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026