Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

Microvast Holdings (MVST) Debt Ratio (2020 - 2026)

Microvast Holdings (MVST) posted Debt Ratio of 0.23 for Q2 2026, down 7.56% on a QoQ basis from 0.25 in Q1 2026, and down 23.24% year-over-year from 0.3 in Q2 2025.

Analysis

Microvast Holdings (MVST) Debt Ratio (2020 - 2026) Analysis & Trends

Microvast Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.23 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 23.24% year-over-year to 0.23 in Q2 2026; TTM through Jun 2026 was 0.23, a 23.24% decrease from a year earlier, with the FY2025 full-year figure at 0.26, up 33.9% from the prior year.
  • Debt Ratio was 0.23 for Q2 2026 at Microvast Holdings, down from 0.25 in the prior quarter.
  • The five-year high for Debt Ratio was 0.32 in Q3 2025, with the low at 0.11 in Q3 2023.
  • Average Debt Ratio over 5 years is 0.18, with a median of 0.16 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio soared 4107.54% in 2022, then fell 23.24% in 2026.
  • Over 5 years, Debt Ratio stood at 0.13 in 2022, then slipped by 1.33% to 0.13 in 2023, then surged by 49.14% to 0.19 in 2024, then surged by 33.9% to 0.26 in 2025, then dropped by 9.82% to 0.23 in 2026.
  • The last three Debt Ratio figures came in at 0.23 (Q2 2026), 0.25 (Q1 2026), and 0.26 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 0.27
2 QuantumScape 3.20 Bn 3.20 Bn - -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 0.50
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn -
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 0.92
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 0.67
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn -
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 0.32
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 0.23
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 0.04
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.23
Mar 31, 2026 0.25
Dec 31, 2025 0.26
Sep 30, 2025 0.32
Jun 30, 2025 0.30
Mar 31, 2025 0.22
Dec 31, 2024 0.19
Sep 30, 2024 0.19
Jun 30, 2024 0.17
Mar 31, 2024 0.14
Dec 31, 2023 0.13
Sep 30, 2023 0.11
Jun 30, 2023 0.11
Mar 31, 2023 0.13
Dec 31, 2022 0.13
Sep 30, 2022 0.13
Jun 30, 2022 0.13
Mar 31, 2022 0.16
Dec 31, 2021 0.15
Sep 30, 2021 0.07