Microvast Holdings (MVST) Total Non-Current Liabilities (2019 - 2026)
Microvast Holdings (MVST) reported Total Non-Current Liabilities of $372.18 million for Q2 2026, down 39.7% from $616.73 million a year earlier and down 23.4% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Total Non-Current Liabilities (2019 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings posted Total Non-Current Liabilities of $557.74 million, up 4.5% from FY2024.
- Total Non-Current Liabilities has increased for four consecutive years, though with a five-year compound annual growth rate of -3.8% (FY2020 to FY2025).
- By year, Total Non-Current Liabilities came in at $533.97 million in FY2024 (+5.2%), $507.68 million in FY2023 (+49.4%), $339.9 million in FY2022 (+26.5%) and $268.77 million in FY2021 (-60.4%).
- The Q2 2026 figure ranks as the lowest quarterly Total Non-Current Liabilities since Q1 2023.
- Year over year, Total Non-Current Liabilities gained in six of the last eight quarters, with growth averaging 5.5%.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q4 2023 (growth of 49.4%); the low point was Q2 2022 (a decline of 60.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $485.69 million (Q1 2026), $557.74 million (Q4 2025) and $621.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 62.75 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 3.98 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 2.78 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 2.98 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | - |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.61 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.79 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.56 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.57 Bn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 372.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 372.18 Mn |
| Mar 31, 2026 | 485.69 Mn |
| Dec 31, 2025 | 557.74 Mn |
| Sep 30, 2025 | 621.51 Mn |
| Jun 30, 2025 | 616.73 Mn |
| Mar 31, 2025 | 498.85 Mn |
| Dec 31, 2024 | 533.97 Mn |
| Sep 30, 2024 | 473.31 Mn |
| Jun 30, 2024 | 479.78 Mn |
| Mar 31, 2024 | 469.26 Mn |
| Dec 31, 2023 | 507.68 Mn |
| Sep 30, 2023 | 428.41 Mn |
| Jun 30, 2023 | 385.91 Mn |
| Mar 31, 2023 | 366.84 Mn |
| Dec 31, 2022 | 339.90 Mn |
| Sep 30, 2022 | 327.51 Mn |
| Jun 30, 2022 | 285.47 Mn |
| Mar 31, 2022 | 305.11 Mn |
| Dec 31, 2021 | 268.77 Mn |
| Sep 30, 2021 | 238.06 Mn |
API Access
Microvast Holdings Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();