Vast Property Plant And Equipment Gross vs Cash Analysis

VSTEW Stock   0.07  0  3.71%   
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 Property Plant And Equipment Gross and its Cash 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 income.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vast Renewables Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vast Renewables' Property Plant And Equipment Gross and Cash is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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' Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Vast Renewables Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Vast Renewables' Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of Vast Renewables, which is listed under current asset account on Vast Renewables Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vast Renewables customers. The amounts must be unrestricted with restricted cash listed in a different Vast Renewables account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 income.
At this time, Vast Renewables' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.1M2.5M1.9M1.8M
Depreciation And Amortization47K49K84K58.9K

Vast Renewables fundamental ratios Correlations

0.620.390.790.64-0.140.530.5-0.19-0.660.860.50.86-0.640.5-0.560.54-0.620.510.650.640.7-0.090.570.520.64
0.620.050.780.40.430.980.98-0.77-0.990.610.980.63-0.510.98-0.710.84-0.450.981.01.00.490.60.860.991.0
0.390.050.340.87-0.82-0.12-0.130.56-0.040.54-0.050.4-0.87-0.050.070.22-0.91-0.150.020.010.84-0.62-0.15-0.030.01
0.790.780.340.75-0.10.680.66-0.29-0.830.910.680.91-0.730.68-0.40.48-0.680.650.790.780.80.040.860.70.78
0.640.40.870.75-0.650.230.210.28-0.410.820.280.72-0.980.28-0.070.32-0.970.190.380.370.99-0.440.340.30.37
-0.140.43-0.82-0.1-0.650.590.6-0.91-0.41-0.330.54-0.210.540.54-0.490.370.580.620.440.45-0.580.940.370.520.45
0.530.98-0.120.680.230.591.0-0.87-0.970.490.990.53-0.350.99-0.740.83-0.291.00.980.990.320.720.840.990.99
0.50.98-0.130.660.210.61.0-0.88-0.960.450.990.49-0.340.99-0.710.82-0.281.00.970.980.30.750.840.990.98
-0.19-0.770.56-0.290.28-0.91-0.87-0.880.75-0.06-0.83-0.15-0.15-0.830.68-0.65-0.2-0.89-0.77-0.780.19-0.94-0.66-0.82-0.78
-0.66-0.99-0.04-0.83-0.41-0.41-0.97-0.960.75-0.67-0.96-0.70.5-0.960.71-0.810.45-0.97-1.0-1.0-0.5-0.55-0.89-0.97-1.0
0.860.610.540.910.82-0.330.490.45-0.06-0.670.460.99-0.790.46-0.480.48-0.760.460.640.630.87-0.250.610.490.63
0.50.98-0.050.680.280.540.990.99-0.83-0.960.460.48-0.411.0-0.650.82-0.360.990.970.970.370.720.831.00.97
0.860.630.40.910.72-0.210.530.49-0.15-0.70.990.48-0.680.48-0.550.48-0.640.50.670.660.77-0.180.660.510.66
-0.64-0.51-0.87-0.73-0.980.54-0.35-0.34-0.150.5-0.79-0.41-0.68-0.410.19-0.51.0-0.31-0.49-0.47-0.980.29-0.35-0.43-0.47
0.50.98-0.050.680.280.540.990.99-0.83-0.960.461.00.48-0.41-0.650.82-0.360.990.970.970.370.720.831.00.97
-0.56-0.710.07-0.4-0.07-0.49-0.74-0.710.680.71-0.48-0.65-0.550.19-0.65-0.860.18-0.74-0.75-0.75-0.18-0.44-0.42-0.67-0.75
0.540.840.220.480.320.370.830.82-0.65-0.810.480.820.48-0.50.82-0.86-0.490.830.840.840.420.50.450.830.84
-0.62-0.45-0.91-0.68-0.970.58-0.29-0.28-0.20.45-0.76-0.36-0.641.0-0.360.18-0.49-0.26-0.43-0.42-0.970.33-0.27-0.37-0.42
0.510.98-0.150.650.190.621.01.0-0.89-0.970.460.990.5-0.310.99-0.740.83-0.260.970.980.280.750.830.990.98
0.651.00.020.790.380.440.980.97-0.77-1.00.640.970.67-0.490.97-0.750.84-0.430.971.00.480.580.860.981.0
0.641.00.010.780.370.450.990.98-0.78-1.00.630.970.66-0.470.97-0.750.84-0.420.981.00.460.590.860.981.0
0.70.490.840.80.99-0.580.320.30.19-0.50.870.370.77-0.980.37-0.180.42-0.970.280.480.46-0.370.40.390.46
-0.090.6-0.620.04-0.440.940.720.75-0.94-0.55-0.250.72-0.180.290.72-0.440.50.330.750.580.59-0.370.480.70.59
0.570.86-0.150.860.340.370.840.84-0.66-0.890.610.830.66-0.350.83-0.420.45-0.270.830.860.860.40.480.840.86
0.520.99-0.030.70.30.520.990.99-0.82-0.970.491.00.51-0.431.0-0.670.83-0.370.990.980.980.390.70.840.98
0.641.00.010.780.370.450.990.98-0.78-1.00.630.970.66-0.470.97-0.750.84-0.420.981.01.00.460.590.860.98
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Vast Renewables Account Relationship Matchups

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