Vast Renewables (Vast Renewables) ROCE % : 0.00% (As of Dec. 2023)

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

What is Vast Renewables ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Vast Renewables's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Vast Renewables ROCE % Historical Data

The historical data trend for Vast Renewables's ROCE % 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 ROCE % Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

ROCE %

2.78

-446.01

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-125.49	-	-	-	-

Vast Renewables ROCE % Calculation

Vast Renewables's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	-4.692	/	( ( (4.139 - 1.613)	+	(2.989 - 3.411) )	/ 2 )
	=	-4.692	/	( (2.526	+	-0.422)	/ 2 )
	=	-4.692	/	1.052
	=	-446.01 %

Vast Renewables's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-559.964	/	( ( (4.656 - 26.618)	+	(22.124 - 13.429) )	/ 2 )
	=	-559.964	/	( ( -21.962	+	8.695 )	/ 2 )
	=	-559.964	/	-6.6335
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Vast Renewables (NAS:VSTE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Vast Renewables ROCE % Related Terms

Thank you for viewing the detailed overview of Vast Renewables's ROCE % 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 » ROCE %

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