Microvast Holdings (MVST) Net Long-Term Debt Issued (Repaid) (2018 - 2026)
Microvast Holdings (MVST) reported Non-Current Debt of $14.47 million for Q3 2026, down 65.3% from $41.69 million a year earlier but up 0.2% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Net Long-Term Debt Issued (Repaid) (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings posted Non-Current Debt of $41.69 million, down 3.4% from FY2024.
- Non-Current Debt has declined for four consecutive years, with a five-year compound annual growth rate of -7.2% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $43.16 million in FY2024 (-1.4%), $43.76 million in FY2023 (-0.3%), $43.89 million in FY2022 (-40.0%) and $73.15 million in FY2021 (+20.6%).
- Five-year quarterly Non-Current Debt spans a low of $14.44 million in Q2 2026 and a high of $73.15 million in Q1 2022.
- Year over year, Non-Current Debt has now declined in each of the last eight quarters, with an average decline of 24.7% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q3 2024 (growth of 21.7%); the low point was Q2 2026 (a decline of 65.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $14.44 million (Q2 2026), $27.62 million (Q1 2026) and $41.69 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | - |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | -5.38 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 672.37 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | - |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | -4.30 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | - |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | - |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 15.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.13 Mn |
| Jun 30, 2026 | -22.39 Mn |
| Mar 31, 2026 | 30.92 Mn |
| Dec 31, 2025 | -14.45 Mn |
| Sep 30, 2025 | 698,000.00 |
| Jun 30, 2025 | -11.74 Mn |
| Mar 31, 2025 | 13.75 Mn |
| Dec 31, 2024 | -3.28 Mn |
| Sep 30, 2024 | 34.54 Mn |
| Jun 30, 2024 | 22.75 Mn |
| Mar 31, 2024 | 6.26 Mn |
| Dec 31, 2023 | 20.89 Mn |
| Sep 30, 2023 | 6.86 Mn |
| Jun 30, 2023 | 909,000.00 |
| Mar 31, 2023 | 4.38 Mn |
| Dec 31, 2022 | -29.26 Mn |
| Sep 30, 2022 | 38.09 Mn |
| Jun 30, 2022 | -3.87 Mn |
| Dec 31, 2021 | -58.65 Mn |
| Sep 30, 2021 | -3.40 Mn |
API Access
Microvast Holdings Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();