VSTE (Vast Renewables) Debt-to-Asset : 0.56 (As of Dec. 2024)

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What is Vast Renewables Debt-to-Asset?

Vast Renewables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.10 Mil. Vast Renewables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $6.81 Mil. Vast Renewables's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $12.25 Mil. Vast Renewables's debt to asset for the quarter that ended in Dec. 2024 was 0.56.

Vast Renewables Debt-to-Asset Historical Data

The historical data trend for Vast Renewables's Debt-to-Asset 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.

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Vast Renewables Debt-to-Asset Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Asset

2.54

3.76

5.26

5.80

0.84

Vast Renewables Semi-Annual Data
	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial				6.67	5.80	0.25	0.84	0.56

Competitive Comparison of Vast Renewables's Debt-to-Asset

For the Solar subindustry, Vast Renewables's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Semiconductors Industry

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

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

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Vast Renewables Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vast Renewables's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.134	+	13.12)	/	15.77
	=	0.84

Vast Renewables's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.1	+	6.805)	/	12.252
	=	0.56

Vast Renewables (NAS:VSTE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Vast Renewables Debt-to-Asset Related Terms

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Vast Renewables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060

Website

https://www.vast.energy

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.