Vast Renewables Limited Ordinary Shares Cash Flow Conversion Efficiency
Vast Renewables Limited Ordinary Shares cash flow conversion efficiency. Based on the latest financial reports, Vast Renewables Limited Ordinary Shares (VSTE) has a cash flow conversion efficiency ratio of -0.013x as of September 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.22 Million) by net assets ($96.04 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Vast Renewables Limited Ordinary Shares (2021–2024)
Cash flow conversion efficiency of Vast Renewables Limited Ordinary Shares from 2021 to 2024. This chart illustrates how Vast Renewables Limited Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Vast Renewables Limited Ordinary Shares (VSTE) stock price for real-time trading data and today's change.
Vast Renewables Limited Ordinary Shares Cash Flow Conversion Ratio Explained
Vast Renewables Limited Ordinary Shares cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Vast Renewables Limited Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vast Renewables Limited Ordinary Shares ranked by their cash flow conversion efficiency. Also see Vast Renewables Limited Ordinary Shares (VSTE) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tristel
LSE:TSTL
|
0.161x |
|
Helios Energy Ltd
AU:HE8
|
-0.020x |
|
Afentra PLC
LSE:AET
|
0.330x |
|
Thai Setakij Insurance PCL
BK:TSI
|
-0.190x |
|
GENETIC ANALYSIS NK -60
F:8V8
|
-0.218x |
|
Himalaya Energi Perkasa Tbk PT
JK:HADE
|
-0.012x |
|
Redhill Biopharma Ltd
NASDAQ:RDHL
|
-0.588x |
|
Discovery Alaska Ltd
AU:DAF
|
-0.122x |
Annual Cash Flow Conversion Efficiency for Vast Renewables Limited Ordinary Shares (2021–2024)
The table below shows the annual cash flow conversion efficiency of Vast Renewables Limited Ordinary Shares from 2021 to 2024. Review cash generation quality of Vast Renewables Limited Ordinary Shares to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-8.30 Million | $-40.21 Million | 4.845x | +1476.24% |
| 2023-06-30 | $-29.41 Million | $-9.04 Million | 0.307x | +2612634.91% |
| 2022-06-30 | $272.92 Million | $3.21K | 0.000x | -99.99% |
| 2021-06-30 | $-13.11 Million | $-2.41 Million | 0.184x | -- |
About Vast Renewables Limited Ordinary Shares
Vast Renewables Limited, a renewable energy company, develops and sells concentrated solar thermal power (CSP) systems. It's CSP systems are used to generate, store, and dispatch electricity and industrial heat, as well as to enable the production of green fuels. The company was incorporated in 2009 and is based in North Sydney, Australia. Vast Renewables Limited operates as a subsidiary of Agcen… Read more