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: -0.55 Med: -0.2 Max: 16364.5
Current: -0.55

During the past 5 years, the highest Debt-to-Equity Ratio of OPAL Fuels was 16364.50. The lowest was -0.55. And the median was -0.20.

OPAL's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.875 vs OPAL: -0.55

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										-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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.246	+	208.366)	/	-478.807
	=	-0.44

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.174	+	206.416)	/	-382.387
	=	-0.55

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

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OPAL Fuels (OPAL Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

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.