Vast Tangible Book Value Per Share from 2010 to 2024

VSTE Stock  USD 1.65  0.20  13.79%   
Vast Renewables' Tangible Book Value Per Share is increasing over the years with stable fluctuation. Overall, Tangible Book Value Per Share is projected to go to -0.47 this year. During the period from 2010 to 2024 Vast Renewables Tangible Book Value Per Share annual values regression line had geometric mean of  0.58 and mean square error of  4.86. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
(0.50)
Current Value
(0.47)
Quarterly Volatility
2.17668911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vast Renewables financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vast Renewables' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 58.9 K or Interest Expense of 1.8 M, as well as many indicators such as Price To Sales Ratio of 106, Dividend Yield of 0.0 or Days Sales Outstanding of 851. Vast financial statements analysis is a perfect complement when working with Vast Renewables Valuation or Volatility modules.
  
Check out the analysis of Vast Renewables Correlation against competitors.

Latest Vast Renewables' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Vast Renewables Limited over the last few years. It is Vast Renewables' Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vast Renewables' overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Pretty Stable
   Tangible Book Value Per Share   
       Timeline  

Vast Tangible Book Value Per Share Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.58
Coefficient Of Variation3,424
Mean Deviation1.05
Median(0.45)
Standard Deviation2.18
Sample Variance4.74
Range8.9793
R-Value0.22
Mean Square Error4.86
R-Squared0.05
Significance0.43
Slope0.11
Total Sum of Squares66.33

Vast Tangible Book Value Per Share History

2024 -0.47
2023 -0.5
2022 -1.07
2021 7.91

About Vast Renewables Financial Statements

Vast Renewables stakeholders use historical fundamental indicators, such as Vast Renewables' Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Vast Renewables investors may analyze each financial statement separately, they are all interrelated. For example, changes in Vast Renewables' assets and liabilities are reflected in the revenues and expenses on Vast Renewables' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Vast Renewables Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share(0.50)(0.47)

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When determining whether Vast Renewables is a strong investment it is important to analyze Vast Renewables' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vast Renewables' future performance. For an informed investment choice regarding Vast Stock, refer to the following important reports:
Check out the analysis of Vast Renewables Correlation against competitors.
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Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vast Renewables. If investors know Vast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vast Renewables listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(17.50)
Revenue Per Share
0.02
Return On Assets
(1.24)
The market value of Vast Renewables is measured differently than its book value, which is the value of Vast that is recorded on the company's balance sheet. Investors also form their own opinion of Vast Renewables' value that differs from its market value or its book value, called intrinsic value, which is Vast Renewables' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vast Renewables' market value can be influenced by many factors that don't directly affect Vast Renewables' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vast Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vast Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vast Renewables' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.