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

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What is Vast Renewables Debt-to-Asset?

Vast Renewables VSTTF Debt-to-Asset is 0.56 as of Dec. 2024.

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  (OTCPK:VSTTF) 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

Vast Renewables Debt-to-Asset Historical Data

* Premium members only.

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.

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 Premium Member Only 6.67 5.80 0.25 0.84 0.56

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

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 Debt-to-Asset vs 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.


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

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.56 mean?
Vast Renewables (VSTTF) has a Debt-to-Asset of 0.56 as of Dec. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' Debt-to-Asset too high?
Vast Renewables' current Debt-to-Asset is 0.56.
How does Vast Renewables' Debt-to-Asset compare to APWL and FSLR?
Vast Renewables' Debt-to-Asset of 0.56 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Semiconductors company?
A good Debt-to-Asset depends on the Semiconductors industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Vast Renewables and its competitors. Vast Renewables's current Debt-to-Asset is 0.56. 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 Debt-to-Asset of 0.56. The current Debt-to-Asset is 0.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Vast Renewables (VSTTF), the current Debt-to-Asset is 0.56 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.