MVST (Microvast Holdings) Current Ratio: 0.96 (As of Mar. 2026) — 26% Below Median


MVST Microvast Holdings Inc MVST
76 GF Score
Price $1.18
GF Value $1.84
Valuation Possible Value Trap
! 5 Warning Signs
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What is Microvast Holdings Current Ratio?

Microvast Holdings MVST -7.84% 76 Current Ratio is 0.96 as of Mar. 2026, which is 26% below its 10-year median of 1.30. GuruFocus rates MVST with a GF Score™ of 76/100 and a GF Value™ of $1.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Microvast Holdings ranks worse than 85.04% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Microvast Holdings's current ratio for the quarter that ended in Mar. 2026 was 0.96.

Microvast Holdings has a current ratio of 0.96. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Microvast Holdings has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Microvast Holdings's Current Ratio or its related term are showing as below:

MVST' s Current Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.3   Max: 4.89
Current: 0.96

During the past 7 years, Microvast Holdings's highest Current Ratio was 4.89. The lowest was 0.83. And the median was 1.30.

MVST's Current Ratio is ranked worse than
85.04% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.54 vs MVST: 0.96

Microvast Holdings  (NAS:MVST) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Microvast Holdings Current Ratio Related Terms


Microvast Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Microvast Holdings's Current Ratio 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.

Microvast Holdings Current Ratio Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 4.02 2.16 1.06 1.30 0.92

Microvast Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 0.83 0.84 0.92 0.96

MVST vs CPS, MNRO, MLR: Current Ratio Comparison

For the Auto Parts subindustry, Microvast Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microvast Holdings Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Microvast Holdings's Current Ratio falls into.


MVST
76GF Score
Microvast Holdings Inc MVST
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Microvast Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Microvast Holdings's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=448.723/488.341
=0.92

Microvast Holdings's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=425.823/444.086
=0.96

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.96 mean?
Microvast Holdings (MVST) has a Current Ratio of 0.96 as of Mar. 2026. This is 26% below median its historical median of 1.30. Over the past decade, Microvast Holdings' Current Ratio has ranged from 0.83 to 4.89. According to the industry distribution chart, Microvast Holdings ranks #1137 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 85%.
Is Microvast Holdings' Current Ratio too high?
Microvast Holdings' current Current Ratio of 0.96 is 26% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 4.89. The Vehicles & Parts industry median Current Ratio is 1.54. Microvast Holdings' value of 0.96 is 37.7% below this industry median. Based on the distribution chart, Microvast Holdings ranks #1137 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Microvast Holdings has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Current Ratio compare to CPS and MNRO?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #1137 out of 1337 companies for Current Ratio. This places Microvast Holdings in the lower half of its industry. The industry median Current Ratio is 1.54. Microvast Holdings' value of 0.96 is 37.7% below this benchmark. Historically, Microvast Holdings' own Current Ratio has ranged from 0.83 to 4.89 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.54, Microvast Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.54, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microvast Holdings's current Current Ratio of 0.96 is 37.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Current Ratio is 0.96, which is 26% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.84, compared to a current price of $1.18 — trading 36.1% below its estimated fair value. The current Current Ratio is 0.96, which is 26% below median its 10-year median of 1.30 and 37.7% below the Vehicles & Parts industry median of 1.54. Microvast Holdings' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Microvast Holdings (MVST), the current Current Ratio is 0.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Microvast Holdings (MVST) Overvalued in 2026?

Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued. The current stock price of $1.18 is trading 36.1% below its estimated GF Value™ of $1.84. GuruFocus considers Microvast Holdings to be Possible Value Trap.

Key valuation signals for MVST:

  • Current Ratio: 0.96 (26% below median its 10-year median of 1.30)
  • GF Value™: $1.84 vs. price of $1.18 (36.1% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 37.7% below the Vehicles & Parts median (#1137 of 1337)

No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microvast Holdings Business Description

Other Exchanges 2OZA:Germany
Address 12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
76GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.18
Price
$1.84
GF Value