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

Microvast Holdings' Debt Ratio history runs 7 years deep, the most recent figure standing at 0.08 for Q1 2026.

• In Q1 2026, Debt Ratio fell 40.33% year-over-year to 0.08; the TTM figure through Mar 2026 stood at 0.08 (down 40.33% YoY), while the FY2025 annual figure was 0.18, up 321.05% from the prior year.
• Debt Ratio was 0.08 for Q1 2026 at Microvast Holdings, down from 0.18 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.22 in Q3 2025 to a low of 0.01 in Q3 2022.
• Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.04 in 2024.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio plunged 68.69% in 2022, then soared 439.76% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.02 in 2022, then surged by 308.59% to 0.07 in 2023, then sank by 40.23% to 0.04 in 2024, then surged by 321.05% to 0.18 in 2025, then tumbled 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.