Company / Working Capital
Microvast Holdings, Inc. Working Capital History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$39.6M
FY2025
5-year range
-$39.6M / $531.0M
FY2021-FY2025
Trend
-140.5%
vs FY2024
Sector context
#306 of 346
Industrials
What the data says
Microvast Holdings, Inc.'s working capital of -$40M is lower than 88% of companies in the Industrials sector (FY2025). Working Capital has fluctuated over the past 7 years, ranging from -$40M in FY2025 to $531M in FY2021.
Based on SEC 10-K filings.
-$40M in FY2025.
Declined from $22M to -$40M over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 12% in IndustrialsTop 88% of 346This company -$39.6M Sector average $689.0M
▼
-105.8% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 140.5% year-over-year.
- Ranks #306 out of 346 companies in the Industrials sector.
- Peak working capital was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$39.6M | -140.5% |
| FY2024 | $97.9M | +340.9% |
| FY2023 | $22.2M | -92.4% |
| FY2022 | $292.7M | -44.9% |
| FY2021 | $531.0M | +9220.9% |
| FY2020 | $5.7M | +4374.8% |
| FY2019 | $127.3K | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026