Vast Renewables (Vast Renewables) Total Assets : $22.12 Mil (As of Dec. 2023)

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

What is Vast Renewables Total Assets?

Vast Renewables's Total Assets for the quarter that ended in Dec. 2023 was $22.12 Mil.

During the past 12 months, Vast Renewables's average Total Assets Growth Rate was 103.50% per year.

Total Assets is connected with ROA %. Vast Renewables's annualized ROA % for the quarter that ended in Dec. 2023 was -4,204.42%. Total Assets is also linked to Revenue through Asset Turnover. Vast Renewables's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Vast Renewables Total Assets Historical Data

The historical data trend for Vast Renewables's Total 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 Total Assets Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Total Assets

5.44

4.14

2.99

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			-	2.99	2.97	4.66	22.12

Vast Renewables Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Vast Renewables's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (A: Jun. 2022 )	+	Total Liabilities (A: Jun. 2022 )
	=	-16.228	+	19.217
	=	2.99

Vast Renewables's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.219	+	19.905
	=	22.12

Vast Renewables (NAS:VSTE) Total Assets Explanation

Total Assets is connected with ROA %.

Vast Renewables's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-562.972	/	( (4.656	+	22.124)	/ 2 )
	=	-562.972	/	13.39
	=	-4,204.42 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Vast Renewables's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.328	/	( (4.656	+	22.124)	/ 2 )
=	0.328	/	13.39
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Vast Renewables Total Assets Related Terms

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