Growth Metrics

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

Microvast Holdings' quarterly Debt Ratio came in at 0.08 in Q1 2026, down 40.33% year-on-year from 0.13 in Q1 2025, and down 57.37% quarter-over-quarter from 0.18 in Q4 2025.

Microvast Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.08 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 40.33% year-over-year to 0.08; the trailing twelve-month figure through Mar 2026 stood at 0.08 (down 40.33% YoY), and the FY2025 full-year result was 0.18, up 321.05% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.08, down from 0.18 in the prior quarter.
  • The five-year high for Debt Ratio was 0.22 in Q3 2025, with the low at 0.01 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.07, with a median of 0.04 recorded in 2024.
  • Year-over-year, Debt Ratio plunged 68.69% in 2022 and surged 439.76% in 2024.
  • Tracing MVST's Debt Ratio over 5 years: stood at 0.02 in 2022, then soared by 308.59% to 0.07 in 2023, then plunged by 40.23% to 0.04 in 2024, then soared by 321.05% to 0.18 in 2025, then slumped by 57.37% to 0.08 in 2026.
  • The last three Debt Ratio figures came in at 0.08 (Q1 2026), 0.18 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 O Reilly Automotive 76.93 Bn 76.68 Bn 2.35 Bn 0.37
2 Autozone 56.46 Bn 56.17 Bn 2.24 Bn 0.44
3 Modine Manufacturing 13.73 Bn 13.64 Bn 186.10 Mn 0.25
4 Borgwarner 13.51 Bn 13.68 Bn 677.00 Mn 0.28
5 Genuine Parts 13.47 Bn 12.99 Bn 2.34 Bn 0.22
6 Aptiv 12.21 Bn 9.14 Bn 920.00 Mn 0.37
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 0.15
8 Autoliv 9.18 Bn 8.83 Bn 526.00 Mn 0.25
9 Allison Transmission Holdings 9.12 Bn 8.81 Bn 406.00 Mn 0.49
10 Microvast Holdings 485.25 Mn 311.25 Mn 19.16 Mn 0.08

Historic Data

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DateValue
Mar 31, 2026 0.08
Dec 31, 2025 0.18
Sep 30, 2025 0.22
Jun 30, 2025 0.12
Mar 31, 2025 0.13
Dec 31, 2024 0.04
Sep 30, 2024 0.12
Jun 30, 2024 0.10
Mar 31, 2024 0.04
Dec 31, 2023 0.07
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.02
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.02
Jun 30, 2021 0.01
Mar 31, 2021 0.00
Dec 31, 2020 0.03
Sep 30, 2020 0.00
Jun 30, 2020 0.00