Vast Return On Equity from 2010 to 2024

VSTEW Stock   0.07  0  3.71%   
Vast Renewables Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Vast Renewables Limited in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
35.35907941
Current Value
37.13
Quarterly Volatility
12.68715637
 
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 0.0, Ptb Ratio 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' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Vast Renewables Limited over the last few years. Return on Equity is the amount of Vast Renewables net income returned as a percentage of Vast Renewables equity. Return on equity measures Vast Renewables profitability by revealing how much profit Vast Renewables Limited generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Vast Renewables' Return On Equity 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.
ViewLast Reported 0.010 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Vast Return On Equity Regression Statistics

Arithmetic Mean5.01
Geometric Mean0.37
Coefficient Of Variation253.38
Mean Deviation8.33
Median0.16
Standard Deviation12.69
Sample Variance160.96
Range36.9736
R-Value0.60
Mean Square Error111.95
R-Squared0.35
Significance0.02
Slope1.69
Total Sum of Squares2,253

Vast Return On Equity History

2024 37.13
2023 35.36
2022 0.52
2021 0.38

About Vast Renewables Financial Statements

Vast Renewables investors use historical fundamental indicators, such as Vast Renewables' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Vast Renewables. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 35.36  37.13 

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Additional Tools for Vast Stock Analysis

When running Vast Renewables' price analysis, check to measure Vast Renewables' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vast Renewables is operating at the current time. Most of Vast Renewables' value examination focuses on studying past and present price action to predict the probability of Vast Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vast Renewables' price. Additionally, you may evaluate how the addition of Vast Renewables to your portfolios can decrease your overall portfolio volatility.