OPAL Fuels (OPAL Fuels) Scaled Net Operating Assets : -0.27 (As of Mar. 2024)

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What is OPAL Fuels Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OPAL Fuels's operating assets for the quarter that ended in Mar. 2024 was $716.3 Mil. OPAL Fuels's operating liabilities for the quarter that ended in Mar. 2024 was $921.6 Mil. OPAL Fuels's Total Assets for the quarter that ended in Dec. 2023 was $754.6 Mil. Therefore, OPAL Fuels's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.27.

OPAL Fuels Scaled Net Operating Assets Historical Data

The historical data trend for OPAL Fuels's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

1.13

-1.84

-0.49

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial										-1.09	-1.06	-1.04	-0.46	-0.27

Competitive Comparison of OPAL Fuels's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, OPAL Fuels's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where OPAL Fuels's Scaled Net Operating Assets falls into.

OPAL Fuels Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OPAL Fuels's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(706.386	-	1021.849)	/	644.856
=	-0.49

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	754.609	-	48.223
=	706.386

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1232.461	-	208.366	-	2.246
=	1021.849

OPAL Fuels's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(716.317	-	921.572)	/	754.609
=	-0.27

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	750.499	-	34.182
=	716.317

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1132.162	-	206.416	-	4.174
=	921.572

OPAL Fuels Scaled Net Operating Assets Related Terms

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OPAL Fuels (OPAL Fuels) Business Description

Industry

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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.