Vast Renewables Limited Ordinary Shares (VSTE) — Defensive Interval Ratio

Latest as of June 2024: 30 days

Vast Renewables Limited Ordinary Shares (VSTE) has a Defensive Interval Ratio of 30 days as of June 2024. Defensive assets of $839.00K (cash $-, short-term investments $-, receivables $839.00K) cover 30 days of daily cash needs of $28.04K/day. See working capital to net assets of Vast Renewables Limited Ordinary Shares to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

30 days
Days of operational coverage

Defensive Assets

$839.00K
Cash + ST Investments + Receivables

Daily Cash Need

$28.04K
Current Liabilities ÷ 365

Current Liabilities

$10.23 Million
USD

Vast Renewables Limited Ordinary Shares Defensive Interval Ratio (2020–2024)

This chart shows how Vast Renewables Limited Ordinary Shares's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2024, the ratio stands at 30 days, meaning defensive assets of $839.00K can fund 30 days of operations without new revenue. See Vast Renewables Limited Ordinary Shares net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Vast Renewables Limited Ordinary Shares (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Vast Renewables Limited Ordinary Shares from 2020 to 2024, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Vast Renewables Limited Ordinary Shares (VSTE) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 14 days $382.00K $28.04K/day $- $-457.00K ▲ +1 days
2023 13 days $952.00K $72.93K/day $- $- ▼ -337 days
2022 350 days $795.00K $2.27K/day $- $- ▲ +146 days
2021 203 days $898.00K $4.42K/day $- $- ▲ +177 days
2020 26 days $243.00K $9.22K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)