Vast Renewables (Vast Renewables) Equity-to-Asset : 0.10 (As of Dec. 2023)

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What is Vast Renewables Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vast Renewables's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.22 Mil. Vast Renewables's Total Assets for the quarter that ended in Dec. 2023 was $22.12 Mil. Therefore, Vast Renewables's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

VSTE' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.64 Med: -5.43 Max: 0.1
Current: 0.1

During the past 3 years, the highest Equity to Asset Ratio of Vast Renewables was 0.10. The lowest was -6.64. And the median was -5.43.

VSTE's Equity-to-Asset is ranked worse than
95.91% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs VSTE: 0.10

Vast Renewables Equity-to-Asset Historical Data

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

* Premium members only.

Vast Renewables Equity-to-Asset Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Equity-to-Asset

-2.19

-3.17

-5.43

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	-5.43	-6.64	-6.32	0.10

Competitive Comparison of Vast Renewables's Equity-to-Asset

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

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

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

Vast Renewables Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vast Renewables's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-16.228	/	2.989
	=	-5.43

Vast Renewables's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2.219	/	22.124
	=	0.10

Vast Renewables (NAS:VSTE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Vast Renewables Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vast Renewables's Equity-to-Asset 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 » Equity-to-Asset

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

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