Microvast Holdings (MVSTW) Debt to Equity (2020 - 2026)

Microvast Holdings (MVSTW) recorded quarterly Debt to Equity of $0.16 in Q1 2026, down 63.13% quarter-over-quarter from $0.44 in Q4 2025, and down 41.58% on a YoY basis from $0.28 in Q1 2025.

Microvast Holdings (MVSTW) Debt to Equity (2020 - 2026) Analysis & Trends

Microvast Holdings' Debt to Equity history runs 7 years deep, the most recent figure standing at $0.16 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 41.58% year-over-year to $0.16; the TTM figure through Mar 2026 stood at $0.16 (down 41.58% YoY), while the FY2025 annual figure was $0.44, up 320.24% from the prior year.
  • Debt to Equity was $0.16 for Q1 2026 at Microvast Holdings, down from $0.44 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $444.5 in Q1 2022 to a low of $0.01 in Q3 2022.
  • Historically, Debt to Equity has averaged $26.31 across 5 years, with a median of $0.14 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity jumped 17503466.1% in 2022, then sank 99.99% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.03 in 2022, then jumped by 394.3% to $0.14 in 2023, then decreased by 24.55% to $0.11 in 2024, then jumped by 320.24% to $0.44 in 2025, then slumped by 63.13% to $0.16 in 2026.
  • The last three Debt to Equity figures came in at $0.16 (Q1 2026), $0.44 (Q4 2025), and $0.64 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn -5.81
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn -3.06
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 0.71
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn 0.54
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 1.01
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn 1.04
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 2.24
10 Microvast Holdings - - 19.16 Mn 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.44
Sep 30, 2025 0.64
Jun 30, 2025 0.33
Mar 31, 2025 0.28
Dec 31, 2024 0.11
Sep 30, 2024 0.25
Jun 30, 2024 0.21
Mar 31, 2024 0.08
Dec 31, 2023 0.14
Sep 30, 2023 0.04
Jun 30, 2023 0.03
Mar 31, 2023 0.04
Dec 31, 2022 0.03
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 444.50
Dec 31, 2021 -15.36
Sep 30, 2021 0.03
Jun 30, 2021 0.00