Varsal Tech, Inc. (VAT)

Varsal Tech Ratios and Metrics

Market cap in millions USD. Fiscal year is October - September.

Year Ending	Current	Sep 30, 2025	Sep 30, 2024
Debt / Equity Ratio	0.02	0.05	0.08
Debt / EBITDA Ratio	0.02	0.03	0.10
Debt / FCF Ratio	0.02	0.03	0.10
Net Debt / Equity Ratio	-0.76	-0.73	-0.64
Net Debt / EBITDA Ratio	-0.64	-0.39	-0.88
Net Debt / FCF Ratio	-0.55	-0.38	-0.89
Quick Ratio	6.40	14.64	16.20
Return on Equity (ROE)	112.14%	186.21%	73.62%
Return on Assets (ROA)	-	171.01%	66.86%
Return on Invested Capital (ROIC)	473.16%	577.64%	203.11%
Return on Capital Employed (ROCE)	-740.62%	179.21%	68.65%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).