Microvast Holdings (MVSTW) Beginning Cash Balance (2019 - 2021)

Microvast Holdings (MVSTW) posted quarterly Beginning Cash Balance of $4.2 million for Q2 2021, down 1.37% on a QoQ basis from $4.2 million in Q1 2021.

Microvast Holdings (MVSTW) Beginning Cash Balance (2019 - 2021) Analysis & Trends

Microvast Holdings (MVSTW) has reported Beginning Cash Balance for 3 consecutive years, with $4.2 million the latest figure, recorded in Q2 2021.

  • In Q2 2021, Beginning Cash Balance changed N/A year-over-year to $4.2 million; the TTM figure through Mar 2022 stood at $4.2 million (down 79.21% YoY), while the FY2021 annual figure was $8.4 million, down 55.39% from the prior year.
  • Beginning Cash Balance came in at $4.2 million for Q2 2021 at Microvast Holdings, down from $4.2 million in the prior quarter.
  • The five-year high for Beginning Cash Balance was $15.1 million in Q4 2019, with the low at $86748.0 in Q1 2019.
  • Average Beginning Cash Balance over 3 years is $4.9 million, with a median of $4.2 million recorded in 2021.
  • The largest YoY upside for Beginning Cash Balance was 94.51% in 2020 against a maximum downside of 94.51% in 2020.
  • Year by year, Beginning Cash Balance stood at $15.1 million in 2019, then slumped by 94.51% to $826000.0 in 2020, then soared by 406.54% to $4.2 million in 2021.
  • According to Business Quant data, Beginning Cash Balance over the past three periods registered $4.2 million, $4.2 million, and $826000.0 for Q2 2021, Q1 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn
10 Microvast Holdings - - 19.16 Mn

Historic Data

Download Data
DateValue
Jun 30, 2021 4.18 Mn
Jun 30, 2021 4.18 Mn
Mar 31, 2021 4.24 Mn
Mar 31, 2021 4.24 Mn
Dec 31, 2020 826,000.00
Dec 31, 2020 826,000.00
Dec 31, 2019 15.06 Mn
Dec 31, 2019 15.06 Mn
Mar 31, 2019 86,748.00
Mar 31, 2019 86,748.00