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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:51 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
OPAL Fuels Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Souther | B. Riley Securities, Inc. |
| Ryan Pfingst | B. Riley Securities, Inc. |
| Adam Bubes | Goldman Sachs |