Microvast Holdings, Inc. Interest Expense History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
$1M in FY2024 with a 5-year CAGR of -26.0%.
Improved from $3M to $1M over the past 2 years.
Microvast Holdings, Inc.'s interest expense of $1M is lower than 83% of companies in the Industrials sector (FY2024). Interest Expense returned to growth in FY2024 after 4 years of decline, reaching $1M.
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
- -36.2%
- 5-Year CAGR
- -26.0%
- 10-Year CAGR
- -
Interest Expense Trend
Top 17% in IndustrialsTop 17% of 127This company $1.4M Sector average $88.4M
▼
-98.4% below sector average
Key Insights
- 5-year CAGR of -26.0%, indicating a declining trend.
- In FY2024, interest expense increased 119.9% year-over-year.
- Ranks #105 out of 127 companies in the Industrials sector.
- Peak interest expense was recorded in FY2019.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2024 | $1.4M | +119.9% |
| FY2023 | $639.0K | -80.8% |
| FY2022 | $3.3M | -38.6% |
| FY2021 | $5.4M | -5.7% |
| FY2020 | $5.7M | -9.7% |
| FY2019 | $6.4M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026