Microvast Net Tangible Assets vs Property Plant And Equipment Net Analysis

MVSTW Stock

USD 0.08 0.01 11.38%

Microvast Holdings financial indicator trend analysis is infinitely more than just investigating Microvast Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microvast Holdings is a good investment. Please check the relationship between Microvast Holdings Net Tangible Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Microvast Stock please use our How to Invest in Microvast Holdings guide.

Net Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Net Tangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Microvast Holdings' Net Tangible Assets and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Microvast Holdings, assuming nothing else is changed. The correlation between historical values of Microvast Holdings' Net Tangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Microvast Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Microvast Holdings' Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Microvast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microvast Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Microvast Stock please use our How to Invest in Microvast Holdings guide.Tax Provision is likely to drop to about 28.2 K in 2024. Selling General Administrative is likely to drop to about 74.3 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	20.7M	22.6M	22.9M	21.8M
Interest Income	446K	3.2M	5.1M	5.3M

Depreciation And Amortization Interest Income

Microvast Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Property Plant And Equipment Net	Warrants	Current Deferred Revenue	Accounts Payable	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Short Term Investments	Non Current Liabilities Total
Total Assets		0.92	0.82	0.87	0.82	-0.1	-0.95	0.7	0.94	0.79	0.71	0.97	0.81	0.78	0.95	-0.01	0.62	0.79	0.62	0.93	0.68	0.9	0.92	0.94	0.12	0.48
Short Long Term Debt Total	0.92		0.79	0.83	0.64	0.19	-0.86	0.49	0.95	0.66	0.51	0.87	0.54	0.83	0.79	0.28	0.59	0.69	0.59	0.88	0.62	0.85	0.88	0.88	0.33	0.61
Other Current Liab	0.82	0.79		0.99	0.54	0.31	-0.93	0.29	0.85	0.56	0.31	0.83	0.51	0.79	0.71	-0.16	0.89	0.85	0.89	0.9	0.82	0.91	0.91	0.87	0.17	0.51
Total Current Liabilities	0.87	0.83	0.99		0.58	0.25	-0.97	0.36	0.88	0.67	0.39	0.89	0.59	0.83	0.78	-0.17	0.83	0.84	0.83	0.95	0.79	0.95	0.95	0.91	0.2	0.55
Total Stockholder Equity	0.82	0.64	0.54	0.58		-0.32	-0.7	0.72	0.73	0.74	0.73	0.77	0.86	0.28	0.8	0.13	0.46	0.65	0.46	0.6	0.5	0.6	0.56	0.58	-0.45	-0.1
Net Debt	-0.1	0.19	0.31	0.25	-0.32		-0.04	-0.76	0.22	-0.13	-0.74	0.0	-0.54	0.19	-0.37	0.31	0.47	0.28	0.47	0.05	0.39	0.23	0.05	0.04	0.27	0.19
Retained Earnings	-0.95	-0.86	-0.93	-0.97	-0.7	-0.04		-0.56	-0.9	-0.78	-0.58	-0.96	-0.75	-0.83	-0.9	0.18	-0.72	-0.82	-0.72	-0.98	-0.72	-0.96	-0.97	-0.94	-0.17	-0.54
Cash	0.7	0.49	0.29	0.36	0.72	-0.76	-0.56		0.42	0.56	1.0	0.58	0.86	0.37	0.86	-0.11	0.0	0.21	0.0	0.56	0.06	0.37	0.56	0.55	-0.04	0.23
Non Current Assets Total	0.94	0.95	0.85	0.88	0.73	0.22	-0.9	0.42		0.72	0.45	0.94	0.6	0.77	0.78	0.17	0.75	0.88	0.75	0.87	0.81	0.92	0.85	0.9	0.13	0.45
Non Currrent Assets Other	0.79	0.66	0.56	0.67	0.74	-0.13	-0.78	0.56	0.72		0.59	0.87	0.85	0.52	0.77	-0.11	0.34	0.61	0.34	0.77	0.4	0.78	0.68	0.68	-0.04	0.22
Cash And Short Term Investments	0.71	0.51	0.31	0.39	0.73	-0.74	-0.58	1.0	0.45	0.59		0.6	0.87	0.39	0.88	-0.12	0.01	0.23	0.01	0.58	0.08	0.39	0.58	0.56	-0.04	0.23
Common Stock Shares Outstanding	0.97	0.87	0.83	0.89	0.77	0.0	-0.96	0.58	0.94	0.87	0.6		0.8	0.78	0.9	-0.11	0.66	0.85	0.66	0.93	0.73	0.96	0.9	0.93	0.11	0.45
Other Stockholder Equity	0.81	0.54	0.51	0.59	0.86	-0.54	-0.75	0.86	0.6	0.85	0.87	0.8		0.41	0.9	-0.27	0.27	0.52	0.27	0.71	0.32	0.63	0.66	0.65	-0.22	0.11
Total Liab	0.78	0.83	0.79	0.83	0.28	0.19	-0.83	0.37	0.77	0.52	0.39	0.78	0.41		0.71	-0.18	0.55	0.62	0.55	0.9	0.61	0.86	0.92	0.93	0.68	0.9
Total Current Assets	0.95	0.79	0.71	0.78	0.8	-0.37	-0.9	0.86	0.78	0.77	0.88	0.9	0.9	0.71		-0.17	0.44	0.62	0.44	0.89	0.49	0.78	0.88	0.87	0.1	0.45
Common Stock	-0.01	0.28	-0.16	-0.17	0.13	0.31	0.18	-0.11	0.17	-0.11	-0.12	-0.11	-0.27	-0.18	-0.17		-0.11	-0.13	-0.11	-0.19	-0.11	-0.17	-0.19	-0.18	-0.08	-0.14
Net Tangible Assets	0.62	0.59	0.89	0.83	0.46	0.47	-0.72	0.0	0.75	0.34	0.01	0.66	0.27	0.55	0.44	-0.11		0.92	1.0	0.63	0.95	0.77	0.65	0.68	-0.06	0.22
Property Plant And Equipment Net	0.79	0.69	0.85	0.84	0.65	0.28	-0.82	0.21	0.88	0.61	0.23	0.85	0.52	0.62	0.62	-0.13	0.92		0.92	0.73	0.97	0.89	0.71	0.8	-0.07	0.23
Warrants	0.62	0.59	0.89	0.83	0.46	0.47	-0.72	0.0	0.75	0.34	0.01	0.66	0.27	0.55	0.44	-0.11	1.0	0.92		0.63	0.95	0.77	0.65	0.68	-0.06	0.22
Current Deferred Revenue	0.93	0.88	0.9	0.95	0.6	0.05	-0.98	0.56	0.87	0.77	0.58	0.93	0.71	0.9	0.89	-0.19	0.63	0.73	0.63		0.64	0.95	0.99	0.96	0.35	0.67
Accounts Payable	0.68	0.62	0.82	0.79	0.5	0.39	-0.72	0.06	0.81	0.4	0.08	0.73	0.32	0.61	0.49	-0.11	0.95	0.97	0.95	0.64		0.81	0.64	0.75	0.0	0.26
Net Receivables	0.9	0.85	0.91	0.95	0.6	0.23	-0.96	0.37	0.92	0.78	0.39	0.96	0.63	0.86	0.78	-0.17	0.77	0.89	0.77	0.95	0.81		0.92	0.94	0.25	0.56
Common Stock Total Equity	0.92	0.88	0.91	0.95	0.56	0.05	-0.97	0.56	0.85	0.68	0.58	0.9	0.66	0.92	0.88	-0.19	0.65	0.71	0.65	0.99	0.64	0.92		0.96	0.38	0.71
Retained Earnings Total Equity	0.94	0.88	0.87	0.91	0.58	0.04	-0.94	0.55	0.9	0.68	0.56	0.93	0.65	0.93	0.87	-0.18	0.68	0.8	0.68	0.96	0.75	0.94	0.96		0.38	0.69
Short Term Investments	0.12	0.33	0.17	0.2	-0.45	0.27	-0.17	-0.04	0.13	-0.04	-0.04	0.11	-0.22	0.68	0.1	-0.08	-0.06	-0.07	-0.06	0.35	0.0	0.25	0.38	0.38		0.92
Non Current Liabilities Total	0.48	0.61	0.51	0.55	-0.1	0.19	-0.54	0.23	0.45	0.22	0.23	0.45	0.11	0.9	0.45	-0.14	0.22	0.23	0.22	0.67	0.26	0.56	0.71	0.69	0.92

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Microvast Holdings Account Relationship Matchups

Microvast Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	280.5M	404.5M	995.3M	985.0M	1.1B	689.7M
Short Long Term Debt Total	150.1M	151.0M	147.4M	173.1M	202.8M	151.1M
Other Current Liab	269.1K	61.6M	58.7M	64.8M	156.4M	164.2M
Total Current Liabilities	269.1K	183.6M	175.6M	252.4M	403.4M	423.6M
Total Stockholder Equity	280.2M	(384.6M)	686.7M	613.0M	564.2M	322.6M
Net Debt	150.0M	129.5M	(333.5M)	(58.3M)	158.2M	166.1M
Retained Earnings	3.4M	(398.0M)	(632.1M)	(791.2M)	(891.5M)	(846.9M)
Cash	140.3K	21.5M	480.9M	231.4M	44.5M	42.3M
Non Current Assets Total	280.1M	215.2M	288.7M	439.9M	671.1M	347.4M
Non Currrent Assets Other	1.6M	890K	19.7M	74.1M	27.8M	22.8M
Cash And Short Term Investments	140.3K	21.5M	480.9M	256.5M	51.1M	48.6M
Common Stock Shares Outstanding	35.1M	99.0M	185.9M	303.3M	310.9M	172.7M
Liabilities And Stockholders Equity	280.5M	404.5M	995.3M	985.0M	1.1B	689.7M
Other Stockholder Equity	(288.6M)	(309.1M)	1.3B	1.4B	564.2M	492.9M
Total Liab	296.1K	698.3M	308.6M	372.0M	532.5M	350.5M
Total Current Assets	396.4K	189.3M	706.6M	545.1M	425.6M	342.3M
Common Stock	275.2M	6K	30K	31K	32K	30.4K

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Microvast Net Tangible Assets vs Property Plant And Equipment Net Analysis

Net Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Property Plant And Equipment Net

Microvast Holdings fundamental ratios Correlations

Microvast Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microvast Holdings fundamental ratios Accounts

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Additional Tools for Microvast Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Warrants	+ 1.0	Net Tangible Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Common Stock Total Equity	+ 0.99	Current Deferred Revenue
Common Stock Shares Outstanding	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Property Plant And Equipment Net

Current Deferred Revenue	- 0.98	Retained Earnings
Common Stock Total Equity	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Net Receivables	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.95	Total Assets