Microvast Total Assets vs Net Invested Capital 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 Total Assets and its Net Invested Capital 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.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microvast Holdings' Total Assets and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital 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' Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Microvast Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Microvast Holdings' Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Microvast Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Microvast Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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.