OPAL Fuels Balance Sheet Health
Financial Health criteria checks 2/6
OPAL Fuels has a total shareholder equity of $469.9M and total debt of $243.4M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are $831.1M and $361.2M respectively. OPAL Fuels's EBIT is $27.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $31.1M.
Key information
51.8%
Debt to equity ratio
US$243.43m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$31.15m |
| Equity | US$469.88m |
| Total liabilities | US$361.21m |
| Total assets | US$831.09m |
Recent financial health updates
Recent updates
Why OPAL Fuels' (NASDAQ:OPAL) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 14
These 4 Measures Indicate That OPAL Fuels (NASDAQ:OPAL) Is Using Debt Extensively
Oct 12Returns On Capital At OPAL Fuels (NASDAQ:OPAL) Have Stalled
Aug 08OPAL Fuels: Well-Developed Business, But Currently Slightly Overvalued
Mar 28There May Be Some Bright Spots In OPAL Fuels' (NASDAQ:OPAL) Earnings
Mar 20OPAL Fuels (NASDAQ:OPAL) Is Looking To Continue Growing Its Returns On Capital
Feb 15reports 1H results
Aug 10Financial Position Analysis
Short Term Liabilities: OPAL's short term assets ($122.6M) exceed its short term liabilities ($97.8M).
Long Term Liabilities: OPAL's short term assets ($122.6M) do not cover its long term liabilities ($263.4M).
Debt to Equity History and Analysis
Debt Level: OPAL's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: Insufficient data to determine if OPAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OPAL's debt is well covered by operating cash flow (26.8%).
Interest Coverage: OPAL's interest payments on its debt are not well covered by EBIT (1.6x coverage).