OPAL Fuels (OPAL Fuels) Interest Expense : $-11.0 Mil (TTM As of Mar. 2024)

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What is OPAL Fuels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OPAL Fuels's interest expense for the three months ended in Mar. 2024 was $ -3.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. OPAL Fuels's Operating Income for the three months ended in Mar. 2024 was $ -0.6 Mil. OPAL Fuels's Interest Expense for the three months ended in Mar. 2024 was $ -3.4 Mil. OPAL Fuels did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OPAL Fuels Interest Expense Historical Data

The historical data trend for OPAL Fuels's Interest Expense 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.

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OPAL Fuels Interest Expense Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.25

-4.85

-6.82

-6.95

-9.03

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-1.32	-0.96	-2.55	-4.11	-3.38

OPAL Fuels Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.0 Mil.

OPAL Fuels (NAS:OPAL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OPAL Fuels's Interest Expense for the three months ended in Mar. 2024 was $-3.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $206.4 Mil.

OPAL Fuels's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

OPAL Fuels did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

OPAL Fuels (OPAL Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Interest Expense

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Traded in Other Exchanges

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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.