MVST (Microvast Holdings) Debt-to-Equity: 0.70 (As of Mar. 2026) — 100% Above Median

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MVST Microvast Holdings Inc MVST
72 GF Score
Price $0.93
GF Value $1.85
Valuation Possible Value Trap
! 5 Warning Signs
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What is Microvast Holdings Debt-to-Equity?

Microvast Holdings MVST -6.36% 72 Debt-to-Equity is 0.70 as of Mar. 2026, which is 100% above its 10-year median of 0.35. GuruFocus rates MVST with a GF Score™ of 72/100 and a GF Value™ of $1.85 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,217 Vehicles & Parts companies, Microvast Holdings ranks worse than 65.41% on this metric.

Microvast Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $284.4 Mil. Microvast Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $41.6 Mil. Microvast Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $466.1 Mil. Microvast Holdings's debt to equity for the quarter that ended in Mar. 2026 was 0.70.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Microvast Holdings's Debt-to-Equity or its related term are showing as below:

MVST' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.39   Med: 0.35   Max: 1.2
Current: 0.7

During the past 7 years, the highest Debt-to-Equity Ratio of Microvast Holdings was 1.20. The lowest was -0.39. And the median was 0.35.

MVST's Debt-to-Equity is ranked worse than
65.41% of 1217 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs MVST: 0.70

Microvast Holdings  (NAS:MVST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Microvast Holdings Debt-to-Equity Related Terms


Microvast Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Microvast Holdings's Debt-to-Equity 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 Debt-to-Equity Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.22 0.29 0.36 0.85 0.94

Microvast Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.65 1.13 1.20 0.94 0.70

MVST vs STRT, SES, HLLY: Debt-to-Equity Comparison

For the Auto Parts subindustry, Microvast Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Microvast Holdings's Debt-to-Equity falls into.


MVST
72GF Score
Microvast Holdings Inc MVST
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microvast Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.70 mean?
Microvast Holdings (MVST) has a Debt-to-Equity of 0.70 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Microvast Holdings and its competitors. This is 100% above median its historical median of 0.35. According to the industry distribution chart, Microvast Holdings ranks #796 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 65.4%.
Is Microvast Holdings' Debt-to-Equity too high?
Microvast Holdings' current Debt-to-Equity of 0.70 is 100% above median its 10-year median of 0.35. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Microvast Holdings' value of 0.70 is 52.2% above this industry median. Based on the distribution chart, Microvast Holdings ranks #796 out of 1217 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Debt-to-Equity compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #796 out of 1217 companies for Debt-to-Equity. This places Microvast Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Microvast Holdings' value of 0.70 is 52.2% above this benchmark. While the company's 10-year median is 0.35 vs. the industry median of 0.46, Microvast Holdings has consistently been above 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 Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microvast Holdings's current Debt-to-Equity of 0.70 is 52.2% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Debt-to-Equity is 0.70, which is 100% above median its own 10-year median of 0.35. 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 $1.85, compared to a current price of $0.93 — trading 49.7% below its estimated fair value. The current Debt-to-Equity is 0.70, which is 100% above median its 10-year median of 0.35 and 52.2% above the Vehicles & Parts industry median of 0.46. Microvast Holdings' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Microvast Holdings (MVST), the current Debt-to-Equity is 0.70 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 $0.93 is trading 49.7% below its estimated GF Value™ of $1.85. GuruFocus considers Microvast Holdings to be Possible Value Trap.

Key valuation signals for MVST:

  • Debt-to-Equity: 0.70 (100% above median its 10-year median of 0.35)
  • GF Value™: $1.85 vs. price of $0.93 (49.7% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 52.2% above the Vehicles & Parts median (#796 of 1217)

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.
72GF Score

Get the complete analysis for MVST

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

$0.93
Price
$1.85
GF Value