Microvast Holdings (Microvast Holdings) Debt-to-Asset : 0.20 (As of Mar. 2024)

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What is Microvast Holdings Debt-to-Asset?

Microvast Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $106.92 Mil. Microvast Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $102.42 Mil. Microvast Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $1,040.65 Mil. Microvast Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.20.

Microvast Holdings Debt-to-Asset Historical Data

The historical data trend for Microvast Holdings's Debt-to-Asset 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.

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Microvast Holdings Debt-to-Asset Chart

Microvast Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.37

0.15

0.18

0.19

Microvast Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial											0.18	0.16	0.16	0.19	0.20

Competitive Comparison of Microvast Holdings's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Microvast Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Microvast Holdings's Debt-to-Asset distribution charts can be found below:

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

Microvast Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Microvast Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(101.179	+	104.005)	/	1096.732
	=	0.19

Microvast Holdings's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(106.915	+	102.422)	/	1040.648
	=	0.20

Microvast Holdings (NAS:MVSTW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Microvast Holdings Debt-to-Asset Related Terms

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Microvast Holdings (Microvast Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Microvast Holdings Inc (NAS:MVSTW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

MVST:USA 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.