Vast Renewables Limited Ordinary Shares (VSTE) - 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. Check Vast Renewables Limited Ordinary Shares PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Vast Renewables Limited Ordinary Shares - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Vast Renewables Limited Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. See net assets of Vast Renewables Limited Ordinary Shares for net asset value and shareholders' equity analysis.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Quhuo Ltd
NASDAQ:QH
|
-0.059x |
|
BioRestorative Therapies Inc
NASDAQ:BRTX
|
-1.315x |
|
Begbies Traynor Group PLC
LSE:BEG
|
-0.014x |
|
International Prospect Ventures Ltd
V:IZZ
|
-0.357x |
|
Octava Minerals Ltd
AU:OCT
|
-0.115x |
|
Global Battery Metals Ltd
V:GBML
|
-0.020x |
|
QURI-MAYU DEVELOPMENTS
F:JR9
|
-0.228x |
|
Kestrel Gold Inc
V:KGC
|
-0.032x |
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. For the full company profile with market capitalisation and key ratios, see Vast Renewables Limited Ordinary Shares (VSTE) total market value.
| 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