Microvast Non Currrent Assets Other vs Retained Earnings Analysis

MVSTW Stock  USD 0.03  0  18.53%   
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 Non Currrent Assets Other and its Retained Earnings 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvast Holdings Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Microvast Holdings' Non Currrent Assets Other and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings 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' Non Currrent Assets Other and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Microvast Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Microvast Holdings' Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Amortization11.2M24.5M22.9M20.4M
Interest Income446K3.2M5.1M5.3M

Microvast Holdings fundamental ratios Correlations

0.920.840.870.82-0.16-0.950.770.940.760.790.970.880.780.95-0.010.620.790.620.930.680.890.920.940.120.47
0.920.810.830.640.14-0.860.580.950.630.590.870.680.830.790.280.590.70.590.880.630.820.880.880.320.61
0.840.810.990.550.2-0.950.480.860.540.490.850.840.80.73-0.170.870.850.870.910.810.930.920.880.180.52
0.870.830.990.580.17-0.970.520.880.630.540.890.860.830.78-0.170.830.840.830.950.790.940.950.910.20.54
0.820.640.550.58-0.38-0.70.770.730.720.780.770.850.280.80.130.460.650.460.60.50.620.560.58-0.45-0.11
-0.160.140.20.17-0.380.03-0.70.16-0.2-0.69-0.07-0.240.15-0.430.340.390.20.39-0.020.320.16-0.02-0.030.290.18
-0.95-0.86-0.95-0.97-0.70.03-0.68-0.9-0.75-0.7-0.96-0.92-0.83-0.90.18-0.72-0.82-0.72-0.98-0.72-0.93-0.97-0.94-0.17-0.53
0.770.580.480.520.77-0.7-0.680.520.611.00.660.750.450.92-0.130.160.320.160.670.180.450.670.63-0.060.26
0.940.950.860.880.730.16-0.90.520.680.540.940.780.770.780.170.750.880.750.870.810.930.850.90.130.44
0.760.630.540.630.72-0.2-0.750.610.680.640.840.770.490.76-0.110.270.540.270.740.330.620.660.64-0.040.21
0.790.590.490.540.78-0.69-0.71.00.540.640.680.760.460.93-0.130.170.340.170.680.190.470.680.64-0.060.27
0.970.870.850.890.77-0.07-0.960.660.940.840.680.890.780.9-0.110.660.850.660.930.730.930.90.930.110.44
0.880.680.840.860.85-0.24-0.920.750.780.770.760.890.550.88-0.250.690.790.690.840.660.830.810.78-0.210.18
0.780.830.80.830.280.15-0.830.450.770.490.460.780.550.71-0.180.550.620.550.90.610.810.920.930.670.9
0.950.790.730.780.8-0.43-0.90.920.780.760.930.90.880.71-0.170.440.620.440.890.490.750.880.870.090.45
-0.010.28-0.17-0.170.130.340.18-0.130.17-0.11-0.13-0.11-0.25-0.18-0.17-0.11-0.13-0.11-0.19-0.11-0.16-0.19-0.18-0.08-0.14
0.620.590.870.830.460.39-0.720.160.750.270.170.660.690.550.44-0.110.921.00.630.950.870.650.68-0.070.22
0.790.70.850.840.650.2-0.820.320.880.540.340.850.790.620.62-0.130.920.920.730.970.960.710.8-0.080.22
0.620.590.870.830.460.39-0.720.160.750.270.170.660.690.550.44-0.111.00.920.630.950.870.650.68-0.070.22
0.930.880.910.950.6-0.02-0.980.670.870.740.680.930.840.90.89-0.190.630.730.630.640.890.990.960.340.67
0.680.630.810.790.50.32-0.720.180.810.330.190.730.660.610.49-0.110.950.970.950.640.910.640.75-0.010.26
0.890.820.930.940.620.16-0.930.450.930.620.470.930.830.810.75-0.160.870.960.870.890.910.880.930.150.48
0.920.880.920.950.56-0.02-0.970.670.850.660.680.90.810.920.88-0.190.650.710.650.990.640.880.960.380.71
0.940.880.880.910.58-0.03-0.940.630.90.640.640.930.780.930.87-0.180.680.80.680.960.750.930.960.370.68
0.120.320.180.2-0.450.29-0.17-0.060.13-0.04-0.060.11-0.210.670.09-0.08-0.07-0.08-0.070.34-0.010.150.380.370.92
0.470.610.520.54-0.110.18-0.530.260.440.210.270.440.180.90.45-0.140.220.220.220.670.260.480.710.680.92
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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 Total150.1M151.0M147.4M173.1M205.2M151.6M
Other Current Liab269.1K61.3M59.4M67.4M146.5M153.9M
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)123.2M129.3M
Retained Earnings3.4M(398.0M)(632.1M)(791.2M)(897.5M)(852.6M)
Cash140.3K21.5M480.9M231.4M82.0M149.6M
Non Current Assets Total280.1M215.2M288.7M439.9M671.1M347.4M
Non Currrent Assets Other1.6M890K19.7M74.1M21.6M21.6M
Cash And Short Term Investments140.3K21.5M480.9M256.5M87.7M155.2M
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)1.3B1.4B1.5B1.6B
Total Liab296.1K698.3M308.6M372.0M529.2M349.9M
Total Current Assets396.4K189.3M706.6M545.1M425.6M342.3M
Common Stock275.2M6K30K31K32K30.4K

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