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. Also see how much is Vast Renewables Limited Ordinary Shares worth for the company's overall valuation and market capitalisation.
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.
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. Explore Vast Renewables Limited Ordinary Shares (VSTE) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thai Setakij Insurance PCL
BK:TSI
|
-0.190x |
|
Begbies Traynor Group PLC
LSE:BEG
|
-0.014x |
|
RareX Limited
F:CK1
|
-0.102x |
|
Infinity Lithium Corporation Ltd
AU:INF
|
-0.258x |
|
Global Battery Metals Ltd
V:GBML
|
-0.020x |
|
Photocat AS
ST:PCAT
|
-0.060x |
|
Asiabasemetals Inc
V:ABZ
|
0.041x |
|
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. View Vast Renewables Limited Ordinary Shares stock quote for real-time trading data and today's change.
| 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