Vast Renewables (Vast Renewables) Liabilities-to-Assets : 0.90 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Vast Renewables Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Vast Renewables's Total Liabilities for the quarter that ended in Dec. 2023 was $19.91 Mil. Vast Renewables's Total Assets for the quarter that ended in Dec. 2023 was $22.12 Mil. Therefore, Vast Renewables's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.90.

Vast Renewables Liabilities-to-Assets Historical Data

The historical data trend for Vast Renewables's Liabilities-to-Assets 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.

* Premium members only.

Vast Renewables Liabilities-to-Assets Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Liabilities-to-Assets

3.19

4.17

6.43

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			-	6.43	7.64	7.32	0.90

Competitive Comparison of Vast Renewables's Liabilities-to-Assets

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

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

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

Vast Renewables Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Vast Renewables's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Liabilities-to-Assets (A: Jun. 2022 )	=	Total Liabilities	/	Total Assets
	=	19.217	/	2.989
	=	6.43

Vast Renewables's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	19.905	/	22.124
	=	0.90

Vast Renewables (NAS:VSTE) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Vast Renewables Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Vast Renewables's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Vast Renewables (Vast Renewables) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty 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.

Vast Renewables (Vast Renewables) Headlines

From GuruFocus

Vast Announces Appointment of Two Additional Directors to its Recently Expanded Board of Directors

By Business Wire • 01-12-2024