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


What is Vast Renewables LT-Debt-to-Total-Asset?

Vast Renewables VSTTF +750.00% LT-Debt-to-Total-Asset is 0.56 as of Dec. 2024.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Vast Renewables's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.56.

Vast Renewables's long-term debt to total assets ratio increased from Dec. 2023 (0.24) to Dec. 2024 (0.56). It may suggest that Vast Renewables is progressively becoming more dependent on debt to grow their business.

Vast Renewables  (OTCPK:VSTTF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Vast Renewables LT-Debt-to-Total-Asset Related Terms

Vast Renewables LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Vast Renewables's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
2.41 3.75 5.25 1.54 0.83

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.01 1.54 0.24 0.83 0.56

Vast Renewables LT-Debt-to-Total-Asset Calculation

Vast Renewables's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=13.12/15.77
=0.83

Vast Renewables's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=6.805/12.252
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.56 mean?
Vast Renewables (VSTTF) has a LT-Debt-to-Total-Asset of 0.56 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' LT-Debt-to-Total-Asset too high?
Vast Renewables' current LT-Debt-to-Total-Asset is 0.56.
How does Vast Renewables' LT-Debt-to-Total-Asset compare to APWL and FSLR?
Vast Renewables' LT-Debt-to-Total-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 LT-Debt-to-Total-Asset for a Semiconductors company?
A good LT-Debt-to-Total-Asset depends on the Semiconductors industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Vast Renewables and its competitors. Vast Renewables's current LT-Debt-to-Total-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 LT-Debt-to-Total-Asset of 0.56. The current LT-Debt-to-Total-Asset is 0.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Vast Renewables (VSTTF), the current LT-Debt-to-Total-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.