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Cash ratio at other companies

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SES AISES
1.6×-1.8×
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EnerSysENS
0.5×+0.1×
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Energy Vault HoldingsNRGV
1.6×+1.1×
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AlbemarleALB
0.7×-0.1×
Enovix Corporation logo
Enovix CorporationENVX
1.8×-1.5×
QuantumScape Corporation
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QuantumScape Corporation QS
3.3×+0.4×

Other financials

Income statement

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Revenue$60.6M-48.0%
Gross profit$19.2M-55.5%
Operating income-$7.9M-152%
Net income$48.2M-22.0%
EPS (diluted)-$0.04-180%

Balance sheet

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Cash & equivalents$126.1M+2.5%
Total debt$93.3M-65.4%
Total equity$466.1M+2.6%
Total assets$987.5M+0.5%

Cash flow

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Operating cash flow-$22.8M-418%
CapEx$2.9M+21.7%
Free cash flow-$25.7M-632%

Valuation

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Market cap$374.8M-70.5%
Enterprise value$341.93M-75.9%
P/E152.7×
P/S-2.1×

Profitability

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Gross margin26.4%-8.6pp
Operating margin9.7%+5.4pp
Net margin-28.8%-5.3pp
FCF margin6.9%

Returns & leverage

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Return on equity-30.3%+5.7pp
Debt / equity0.2×-0.4×
Current ratio-0.4×

Where this comes from

Calculated from Microvast Holdings, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Microvast Holdings, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvast Holdings, Inc.'s cash ratio?
Microvast Holdings, Inc. (MVST) reported cash ratio of 0.3× in Q1 2026.
How has Microvast Holdings, Inc.'s cash ratio changed year-over-year?
Microvast Holdings, Inc.'s cash ratio decreased by 21.5% year-over-year, from 0.4× to 0.3×.
What is the long-term trend for Microvast Holdings, Inc.'s cash ratio?
Over 5 years (2020 to 2025), Microvast Holdings, Inc.'s cash ratio has grown at a -0.9% compound annual growth rate (CAGR), from 0.2× to 0.2×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.