Vast Renewables Limited Warrants
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
Vast Renewables Limited Warrants (VSTEW) - Total Assets
Latest total assets as of June 2024: $15.77 Million USD
Based on the latest financial reports, Vast Renewables Limited Warrants (VSTEW) holds total assets worth $15.77 Million USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Vast Renewables Limited Warrants - Total Assets Trend (2020–2024)
This chart illustrates how Vast Renewables Limited Warrants’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vast Renewables Limited Warrants - Asset Composition Analysis
Current Asset Composition (June 2024)
Vast Renewables Limited Warrants's total assets of $15.77 Million consist of 87.6% current assets and 12.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 70.3% |
| Accounts Receivable | $839.00K | 5.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Vast Renewables Limited Warrants's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vast Renewables Limited Warrants's current assets represent 87.6% of total assets in 2024, a decrease from 90.7% in 2020.
- Cash Position: Cash and equivalents constituted 70.3% of total assets in 2024, down from 86.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 5.3% of total assets.
Vast Renewables Limited Warrants Competitors by Total Assets
Key competitors of Vast Renewables Limited Warrants based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Vast Renewables Limited Warrants - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Vast Renewables Limited Warrants generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vast Renewables Limited Warrants is currently not profitable relative to its asset base.
Vast Renewables Limited Warrants - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 0.11 | 0.06 |
| Quick Ratio | 1.35 | 0.11 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.57 Million | $ -23.56 Million | $ -21.21 Million |
Vast Renewables Limited Warrants - Advanced Valuation Insights
This section examines the relationship between Vast Renewables Limited Warrants's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 238.7% |
| Total Assets | $15.77 Million |
| Market Capitalization | $156.39K USD |
Valuation Analysis
Below Book Valuation: The market values Vast Renewables Limited Warrants's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vast Renewables Limited Warrants's assets grew by 238.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vast Renewables Limited Warrants (2020–2024)
The table below shows the annual total assets of Vast Renewables Limited Warrants from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $15.77 Million | +238.70% |
| 2023-06-30 | $4.66 Million | +55.77% |
| 2022-06-30 | $2.99 Million | -27.78% |
| 2021-06-30 | $4.14 Million | -23.87% |
| 2020-06-30 | $5.44 Million | -- |