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OPAL Fuels (OPAL Fuels) Debt-to-Equity : -0.55 (As of Mar. 2024)


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What is OPAL Fuels Debt-to-Equity?

OPAL Fuels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.2 Mil. OPAL Fuels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $206.4 Mil. OPAL Fuels's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-382.4 Mil. OPAL Fuels's debt to equity for the quarter that ended in Mar. 2024 was -0.55.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for OPAL Fuels's Debt-to-Equity or its related term are showing as below:

OPAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.44   Med: 2.01   Max: 16364.5
Current: -0.44

During the past 5 years, the highest Debt-to-Equity Ratio of OPAL Fuels was 16364.50. The lowest was -0.44. And the median was 2.01.

OPAL's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.87 vs OPAL: -0.44

OPAL Fuels Debt-to-Equity Historical Data

The historical data trend for OPAL Fuels's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OPAL Fuels Debt-to-Equity Chart

OPAL Fuels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
N/A 4.24 16,364.50 -0.22 -0.44

OPAL Fuels Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.20 -0.22 -0.44 -0.55

Competitive Comparison of OPAL Fuels's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, OPAL Fuels's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OPAL Fuels's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where OPAL Fuels's Debt-to-Equity falls into.



OPAL Fuels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OPAL Fuels's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

OPAL Fuels's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OPAL Fuels  (NAS:OPAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


OPAL Fuels Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of OPAL Fuels's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


OPAL Fuels (OPAL Fuels) Business Description

Traded in Other Exchanges
N/A
Address
One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601
OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.