Microvast Holdings (MVST) Total Non-Current Liabilities (2019 - 2026)
Microvast Holdings (MVST) reported Total Non-Current Liabilities of $383.79 million for Q3 2026, down 38.2% from $621.13 million a year earlier but up 3.1% 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 4.6% 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 $533.29 million in FY2024 (+5.1%), $507.42 million in FY2023 (+49.4%), $339.64 million in FY2022 (+36.5%) and $248.74 million in FY2021 (-63.3%).
- Five-year quarterly Total Non-Current Liabilities spans a low of $248.74 million in Q4 2021 and a high of $621.13 million in Q3 2025.
- Year over year, Total Non-Current Liabilities has now declined in each of the last three quarters, with an average decline of 0.6% over the last eight quarters.
- 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 Q4 2021 (a decline of 63.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $372.19 million (Q2 2026), $485.69 million (Q1 2026) and $557.74 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 66.73 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 4.60 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 2.80 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.85 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 3.14 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | - |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 5.61 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 1.60 Bn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 1.59 Bn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 383.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 383.79 Mn |
| Jun 30, 2026 | 372.19 Mn |
| Mar 31, 2026 | 485.69 Mn |
| Dec 31, 2025 | 557.74 Mn |
| Sep 30, 2025 | 621.13 Mn |
| Jun 30, 2025 | 616.19 Mn |
| Mar 31, 2025 | 498.69 Mn |
| Dec 31, 2024 | 533.29 Mn |
| Sep 30, 2024 | 473.19 Mn |
| Jun 30, 2024 | 479.59 Mn |
| Mar 31, 2024 | 469.04 Mn |
| Dec 31, 2023 | 507.42 Mn |
| Sep 30, 2023 | 428.07 Mn |
| Jun 30, 2023 | 385.63 Mn |
| Mar 31, 2023 | 366.59 Mn |
| Dec 31, 2022 | 339.64 Mn |
| Sep 30, 2022 | 327.21 Mn |
| Jun 30, 2022 | 285.09 Mn |
| Mar 31, 2022 | 270.68 Mn |
| Dec 31, 2021 | 248.74 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();