Microvast Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

MVSTW Stock  USD 0.08  0.01  9.08%   
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 Common Stock Total Equity and its Common Stock Shares Outstanding 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.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microvast Holdings' Common Stock Total Equity and Common Stock Shares Outstanding is 0.9. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding 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' Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Microvast Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Microvast Holdings' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
0.920.790.830.640.19-0.860.490.950.660.510.870.550.830.790.280.590.690.590.880.620.850.880.880.330.61
0.820.790.990.540.31-0.930.290.850.560.310.830.520.790.71-0.160.890.850.890.90.820.910.910.870.170.51
0.870.830.990.580.25-0.970.360.880.670.390.890.60.830.78-0.170.830.840.830.950.790.950.950.910.20.55
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
-0.95-0.86-0.93-0.97-0.7-0.04-0.56-0.9-0.78-0.58-0.96-0.76-0.83-0.90.18-0.72-0.82-0.72-0.98-0.72-0.96-0.97-0.94-0.17-0.54
0.70.490.290.360.72-0.76-0.560.420.561.00.580.850.370.86-0.110.00.210.00.560.060.370.560.55-0.040.23
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
0.790.660.560.670.74-0.13-0.780.560.720.590.870.860.520.77-0.110.340.610.340.770.40.780.680.68-0.040.22
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
0.810.550.520.60.86-0.54-0.760.850.60.860.870.80.420.91-0.270.290.530.290.710.330.640.660.65-0.220.11
0.780.830.790.830.280.19-0.830.370.770.520.390.780.420.71-0.180.550.620.550.90.610.860.920.930.680.9
0.950.790.710.780.8-0.37-0.90.860.780.770.880.90.910.71-0.170.440.620.440.890.490.780.880.870.10.45
-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
0.620.590.890.830.460.47-0.720.00.750.340.010.660.290.550.44-0.110.921.00.630.950.770.650.68-0.060.22
0.790.690.850.840.650.28-0.820.210.880.610.230.850.530.620.62-0.130.920.920.730.970.890.710.8-0.070.23
0.620.590.890.830.460.47-0.720.00.750.340.010.660.290.550.44-0.111.00.920.630.950.770.650.68-0.060.22
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
0.680.620.820.790.50.39-0.720.060.810.40.080.730.330.610.49-0.110.950.970.950.640.810.640.750.00.26
0.90.850.910.950.60.23-0.960.370.920.780.390.960.640.860.78-0.170.770.890.770.950.810.920.940.250.56
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)1.3B1.4B589.8M497.6M
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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Additional Tools for Microvast Stock Analysis

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.