Vast Retained Earnings vs Net Working Capital 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 Retained Earnings and its Net Working Capital 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.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vast Renewables Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vast Renewables' Retained Earnings and Net Working Capital is -0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Vast Renewables Limited are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Vast Renewables' Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

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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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.