Vast Gross Profit vs Other Operating Expenses Analysis
| VSTE Stock | USD 1.65 0.20 13.79% |
Vast Renewables financial indicator trend analysis is much more than just breaking down Vast Renewables prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vast Renewables is a good investment. Please check the relationship between Vast Renewables Gross Profit and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vast Renewables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vast Renewables Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vast Renewables' Gross Profit and Other Operating Expenses is -0.39. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Vast Renewables Limited, assuming nothing else is changed. The correlation between historical values of Vast Renewables' Gross Profit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Vast Renewables Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Vast Renewables' Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Vast Renewables Limited minus its cost of goods sold. It is profit before Vast Renewables operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vast Renewables. It is also known as Vast Renewables overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Vast Renewables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vast Renewables current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vast Renewables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Vast Renewables' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.1M | 2.5M | 1.9M | 1.8M | Depreciation And Amortization | 47K | 49K | 84K | 58.9K |
Vast Renewables fundamental ratios Correlations
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Vast Renewables Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vast Renewables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.