VSTTF (Vast Renewables) Effective Interest Rate on Debt %: 10.56% (As of Dec. 2024)


What is Vast Renewables Effective Interest Rate on Debt %?

Vast Renewables VSTTF Effective Interest Rate on Debt % is 10.56% as of Dec. 2024.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Vast Renewables's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $1.06 Mil. Vast Renewables's average total debt for the quarter that ended in Dec. 2024 was $10.08 Mil. Therefore, Vast Renewables's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.56%.

Vast Renewables  (OTCPK:VSTTF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Vast Renewables Effective Interest Rate on Debt % Related Terms

Vast Renewables Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Vast Renewables's Effective Interest Rate on 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.

Vast Renewables Effective Interest Rate on Debt % Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
0.00 14.93 13.54 11.79 9.67

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 12.23 12.23 18.57 9.44 10.56

VSTTF vs APWL, FSLR, NXT: Effective Interest Rate on Debt % Comparison

For the Solar subindustry, Vast Renewables's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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 Effective Interest Rate on Debt % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Effective Interest Rate on Debt % falls into.


Vast Renewables Effective Interest Rate on Debt % Calculation

Vast Renewables's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -1.947/( (27+13.254)/ 2 )
=-1  *  -1.947/20.127
=9.67 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.162 + 19.838
=27

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.12 + 0.134
=13.254

Vast Renewables's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -1.064/( (13.254+6.905)/ 2 )
=-1  *  -1.064/10.0795
=10.56 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.12 + 0.134
=13.254

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.805 + 0.1
=6.905

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 10.56% mean?
Vast Renewables (VSTTF) has a Effective Interest Rate on Debt % of 10.56% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' Effective Interest Rate on Debt % too high?
Vast Renewables' current Effective Interest Rate on Debt % is 10.56%.
How does Vast Renewables' Effective Interest Rate on Debt % compare to APWL and FSLR?
Vast Renewables' Effective Interest Rate on Debt % of 10.56% 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 Effective Interest Rate on Debt % for a Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vast Renewables and its competitors. Vast Renewables's current Effective Interest Rate on Debt % is 10.56%. 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 Effective Interest Rate on Debt % of 10.56%. The current Effective Interest Rate on Debt % is 10.56%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Vast Renewables (VSTTF), the current Effective Interest Rate on Debt % is 10.56% 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.