VSTE (Vast Renewables) Interest Expense : $-0.97 Mil (TTM As of Dec. 2024)

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What is Vast Renewables Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vast Renewables's interest expense for the six months ended in Dec. 2024 was $ -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.97 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vast Renewables's Operating Income for the six months ended in Dec. 2024 was $ -6.78 Mil. Vast Renewables's Interest Expense for the six months ended in Dec. 2024 was $ -0.53 Mil. Vast Renewables did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vast Renewables Interest Expense Historical Data

The historical data trend for Vast Renewables's Interest Expense 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 Interest Expense Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

-2.19

-2.12

-2.52

-1.95

Vast Renewables Semi-Annual Data
	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial				-1.09	-1.43	-1.51	-0.44	-0.53

Vast Renewables Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.97 Mil.

Vast Renewables (NAS:VSTE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vast Renewables's Interest Expense for the six months ended in Dec. 2024 was $-0.53 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-6.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $6.81 Mil.

Vast Renewables's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Vast Renewables did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Vast Renewables Business Description

Industry

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Traded in Other Exchanges

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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.