VSTTF (Vast Renewables) Cash-to-Debt: 1.00 (As of Dec. 2024)

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What is Vast Renewables Cash-to-Debt?

Vast Renewables VSTTF +809.09% Cash-to-Debt is 1.00 as of Dec. 2024.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Vast Renewables's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.00.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Vast Renewables could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Vast Renewables's Cash-to-Debt or its related term are showing as below:

VSTTF's Cash-to-Debt is not ranked *
in the Semiconductors industry.
Industry Median: 1.64
* Ranked among companies with meaningful Cash-to-Debt only.

Vast Renewables  (OTCPK:VSTTF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Vast Renewables Cash-to-Debt Related Terms

Vast Renewables Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Vast Renewables's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Vast Renewables Cash-to-Debt Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Cash-to-Debt
0.34 0.20 0.03 0.08 0.84

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only 0.01 0.08 3.04 0.84 1.00

VSTTF vs APWL, FSLR, NXT: Cash-to-Debt Comparison

For the Solar subindustry, Vast Renewables's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vast Renewables Cash-to-Debt vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Cash-to-Debt falls into.


Vast Renewables Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Vast Renewables's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=11.081 / (0.134 + 13.12)
=0.84

Vast Renewables's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=6.902 / (0.1 + 6.805)
=1.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 1.00 mean?
Vast Renewables (VSTTF) has a Cash-to-Debt of 1.00 as of Dec. 2024.
Is Vast Renewables' Cash-to-Debt too high?
Vast Renewables' current Cash-to-Debt is 1.00. The Semiconductors industry median Cash-to-Debt is 1.64. Vast Renewables' value of 1.00 is 39% below this industry median.
How does Vast Renewables' Cash-to-Debt compare to APWL and FSLR?
Vast Renewables' Cash-to-Debt of 1.00 can be compared against companies in the Semiconductors industry. The industry median Cash-to-Debt is 1.64. Vast Renewables' value of 1.00 is 39% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vast Renewables's current Cash-to-Debt of 1.00 is 39% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vast Renewables's current Cash-to-Debt is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Renewables stock overvalued right now?
Vast Renewables (VSTTF) has a current Cash-to-Debt of 1.00. The current Cash-to-Debt is 1.00 and 39% below the Semiconductors industry median of 1.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Vast Renewables (VSTTF), the current Cash-to-Debt is 1.00 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vast Renewables Business Description

Address 124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060
Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.