Microvast Short Term Debt vs Net Tangible Assets Analysis

MVSTW Stock  USD 0.07  0.01  13.74%   
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 Short Term Debt and its Net Tangible Assets 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.

Short Term Debt vs Net Tangible Assets

Short Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Short Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Microvast Holdings' Short Term Debt and Net Tangible Assets is -0.51. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Tangible Assets 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' Short Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Microvast Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Debt i.e., Microvast Holdings' Short Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

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.
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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When running Microvast Holdings' price analysis, check to measure Microvast Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microvast Holdings is operating at the current time. Most of Microvast Holdings' value examination focuses on studying past and present price action to predict the probability of Microvast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microvast Holdings' price. Additionally, you may evaluate how the addition of Microvast Holdings to your portfolios can decrease your overall portfolio volatility.