VSTTF (Vast Renewables) Debt-to-EBITDA : -0.68 (As of Dec. 2024)


What is Vast Renewables Debt-to-EBITDA?

Vast Renewables VSTTF -88.24% Debt-to-EBITDA is -0.68 as of Dec. 2024.

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Dec. 2024 was $-10.10 Mil. Vast Renewables's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.68.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

VSTTF's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.46
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Vast Renewables Debt-to-EBITDA Related Terms

Vast Renewables Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vast Renewables's Debt-to-EBITDA 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-EBITDA Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
N/A 158.86 -3.39 -2.07 -0.05

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -3.42 -1.33 -0.01 -0.58 -0.68

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

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

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

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


Vast Renewables Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.134 + 13.12) / -291.414
=-0.05

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.1 + 6.805) / -10.1
=-0.68

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.68 mean?
Vast Renewables (VSTTF) has a Debt-to-EBITDA of -0.68 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vast Renewables.
Is Vast Renewables' Debt-to-EBITDA too high?
Vast Renewables' current Debt-to-EBITDA is -0.68.
How does Vast Renewables' Debt-to-EBITDA compare to APWL and FSLR?
Vast Renewables' Debt-to-EBITDA of -0.68 can be compared against companies in the Semiconductors industry. The industry median Debt-to-EBITDA is 1.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.46, based on 722 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vast Renewables. For the Semiconductors industry, the median Debt-to-EBITDA is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vast Renewables's current Debt-to-EBITDA is -0.68. 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-EBITDA of -0.68. The current Debt-to-EBITDA is -0.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Vast Renewables (VSTTF), the current Debt-to-EBITDA is -0.68 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.