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Microvast Holdings (Microvast Holdings) Total Current Liabilities : $366.6 Mil (As of Mar. 2024)


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What is Microvast Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Microvast Holdings's total current liabilities for the quarter that ended in Mar. 2024 was $366.6

Microvast Holdings Total Current Liabilities Historical Data

The historical data trend for Microvast Holdings's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Microvast Holdings Total Current Liabilities Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
- 183.63 175.59 252.41 403.41

Microvast Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.75 292.71 336.39 403.41 366.62

Microvast Holdings Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Microvast Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=231.094+101.179
+Other Current Liabilities+Current Deferred Liabilities
=28.05+43.087
=403.4

Microvast Holdings's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=188.362+106.915
+Other Current Liabilities+Current Deferred Liabilities
=30.067+41.276
=366.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Microvast Holdings Total Current Liabilities Related Terms

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Microvast Holdings (Microvast Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Microvast Holdings Inc (NAS:MVST) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
2OZA:Germany 2OZA:Germany 2OZ:Germany
Address
12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
Website
https://www.microvast.com
Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. The company is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs.
Executives
Yanzhuan Zheng director, officer: CFO, Director 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Craig Webster director 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Zachariah Ward officer: President, Microvast Energy 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Yeelong Balladon director C/O MICROVAST HOLDINGS, INC., 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Shane Smith officer: COO & President, Microvast US 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Stephen A Vogel director 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Sarah Beth Alexander officer: General Counsel 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Michael Stanley Whittingham director 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Yang Wu director, 10 percent owner, officer: CEO, COB, Director 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wong Arthur Lap Tat director C/O 27 UNION SQUARE WEST, SUITE 502, NEW YORK NY 10003
Shengxian Wu officer: CEO, Microvast China 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Sascha Rene Kelterborn officer: CRO & Man. Dir. Microvast EMEA 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wenjuan Mattis officer: Chief Technology Officer (CTO) 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Lu Gao officer: Chief Accounting Officer (CAO) 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wei Ying director 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477

Microvast Holdings (Microvast Holdings) Headlines

From GuruFocus

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By PRNewswire • 12-20-2023

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By PRNewswire • 01-06-2024

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Microvast Holdings, Inc.(MVST) Investors of a Class Action Lawsuit and Upcoming Deadline

By PRNewswire • 01-09-2024

MVST Investors Have Opportunity to Lead Microvast Holdings, Inc. Securities Fraud Lawsuit

By PRNewswire • 01-17-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST)

By PRNewswire • 01-19-2024

MICROVAST INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Microvast To Contact Him Directly To Discuss Their Options

By PRNewswire • 01-04-2024

MVST Investors Have Opportunity to Lead Microvast Holdings, Inc. Securities Fraud Lawsuit

By PRNewswire • 12-26-2023

ROSEN, A LEADING AND TOP RANKED LAW FIRM, Encourages Microvast Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MVST, MVSTW

By PRNewswire • 01-14-2024