Microvast Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Microvast Holdings' Property Plant And Equipment Net and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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' Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Microvast Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Microvast Holdings' Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Total Current Liabilities

Total Current Liabilities is an item on Microvast Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Microvast Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Amortization20.7M22.6M22.9M21.8M
Interest Income446K3.2M5.1M5.3M

Microvast Holdings fundamental ratios Correlations

0.920.820.870.82-0.1-0.950.70.940.790.710.970.810.780.95-0.010.620.790.620.930.680.90.920.940.120.48
0.920.790.830.640.19-0.860.490.950.660.510.870.540.830.790.280.590.690.590.880.620.850.880.880.330.61
0.820.790.990.540.31-0.930.290.850.560.310.830.510.790.71-0.160.890.850.890.90.820.910.910.870.170.51
0.870.830.990.580.25-0.970.360.880.670.390.890.590.830.78-0.170.830.840.830.950.790.950.950.910.20.55
0.820.640.540.58-0.32-0.70.720.730.740.730.770.860.280.80.130.460.650.460.60.50.60.560.58-0.45-0.1
-0.10.190.310.25-0.32-0.04-0.760.22-0.13-0.740.0-0.540.19-0.370.310.470.280.470.050.390.230.050.040.270.19
-0.95-0.86-0.93-0.97-0.7-0.04-0.56-0.9-0.78-0.58-0.96-0.75-0.83-0.90.18-0.72-0.82-0.72-0.98-0.72-0.96-0.97-0.94-0.17-0.54
0.70.490.290.360.72-0.76-0.560.420.561.00.580.860.370.86-0.110.00.210.00.560.060.370.560.55-0.040.23
0.940.950.850.880.730.22-0.90.420.720.450.940.60.770.780.170.750.880.750.870.810.920.850.90.130.45
0.790.660.560.670.74-0.13-0.780.560.720.590.870.850.520.77-0.110.340.610.340.770.40.780.680.68-0.040.22
0.710.510.310.390.73-0.74-0.581.00.450.590.60.870.390.88-0.120.010.230.010.580.080.390.580.56-0.040.23
0.970.870.830.890.770.0-0.960.580.940.870.60.80.780.9-0.110.660.850.660.930.730.960.90.930.110.45
0.810.540.510.590.86-0.54-0.750.860.60.850.870.80.410.9-0.270.270.520.270.710.320.630.660.65-0.220.11
0.780.830.790.830.280.19-0.830.370.770.520.390.780.410.71-0.180.550.620.550.90.610.860.920.930.680.9
0.950.790.710.780.8-0.37-0.90.860.780.770.880.90.90.71-0.170.440.620.440.890.490.780.880.870.10.45
-0.010.28-0.16-0.170.130.310.18-0.110.17-0.11-0.12-0.11-0.27-0.18-0.17-0.11-0.13-0.11-0.19-0.11-0.17-0.19-0.18-0.08-0.14
0.620.590.890.830.460.47-0.720.00.750.340.010.660.270.550.44-0.110.921.00.630.950.770.650.68-0.060.22
0.790.690.850.840.650.28-0.820.210.880.610.230.850.520.620.62-0.130.920.920.730.970.890.710.8-0.070.23
0.620.590.890.830.460.47-0.720.00.750.340.010.660.270.550.44-0.111.00.920.630.950.770.650.68-0.060.22
0.930.880.90.950.60.05-0.980.560.870.770.580.930.710.90.89-0.190.630.730.630.640.950.990.960.350.67
0.680.620.820.790.50.39-0.720.060.810.40.080.730.320.610.49-0.110.950.970.950.640.810.640.750.00.26
0.90.850.910.950.60.23-0.960.370.920.780.390.960.630.860.78-0.170.770.890.770.950.810.920.940.250.56
0.920.880.910.950.560.05-0.970.560.850.680.580.90.660.920.88-0.190.650.710.650.990.640.920.960.380.71
0.940.880.870.910.580.04-0.940.550.90.680.560.930.650.930.87-0.180.680.80.680.960.750.940.960.380.69
0.120.330.170.2-0.450.27-0.17-0.040.13-0.04-0.040.11-0.220.680.1-0.08-0.06-0.07-0.060.350.00.250.380.380.92
0.480.610.510.55-0.10.19-0.540.230.450.220.230.450.110.90.45-0.140.220.230.220.670.260.560.710.690.92
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Microvast Holdings Account Relationship Matchups

Microvast Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.5M404.5M995.3M985.0M1.1B689.7M
Short Long Term Debt Total150.1M151.0M147.4M173.1M202.8M151.1M
Other Current Liab269.1K61.6M58.7M64.8M156.4M164.2M
Total Current Liabilities269.1K183.6M175.6M252.4M403.4M423.6M
Total Stockholder Equity280.2M(384.6M)686.7M613.0M564.2M322.6M
Net Debt150.0M129.5M(333.5M)(58.3M)158.2M166.1M
Retained Earnings3.4M(398.0M)(632.1M)(791.2M)(891.5M)(846.9M)
Cash140.3K21.5M480.9M231.4M44.5M42.3M
Non Current Assets Total280.1M215.2M288.7M439.9M671.1M347.4M
Non Currrent Assets Other1.6M890K19.7M74.1M27.8M22.8M
Cash And Short Term Investments140.3K21.5M480.9M256.5M51.1M48.6M
Common Stock Shares Outstanding35.1M99.0M185.9M303.3M310.9M172.7M
Liabilities And Stockholders Equity280.5M404.5M995.3M985.0M1.1B689.7M
Other Stockholder Equity(288.6M)(309.1M)1.3B1.4B564.2M492.9M
Total Liab296.1K698.3M308.6M372.0M532.5M350.5M
Total Current Assets396.4K189.3M706.6M545.1M425.6M342.3M
Common Stock275.2M6K30K31K32K30.4K

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