OPAL Fuels (OPAL Fuels) Total Assets : $750.5 Mil (As of Mar. 2024)

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What is OPAL Fuels Total Assets?

OPAL Fuels's Total Assets for the quarter that ended in Mar. 2024 was $750.5 Mil.

During the past 12 months, OPAL Fuels's average Total Assets Growth Rate was 33.50% per year. During the past 3 years, the average Total Assets Growth Rate was 65.20% per year.

During the past 5 years, OPAL Fuels's highest 3-Year average Total Assets Growth Rate was 65.20%. The lowest was 65.20%. And the median was 65.20%.

Total Assets is connected with ROA %. OPAL Fuels's annualized ROA % for the quarter that ended in Mar. 2024 was 1.22%. Total Assets is also linked to Revenue through Asset Turnover. OPAL Fuels's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

OPAL Fuels Total Assets Historical Data

The historical data trend for OPAL Fuels's Total 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 Total Assets Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

169.46

380.84

644.86

754.61

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										606.70	671.95	690.46	754.61	750.50

OPAL Fuels Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

OPAL Fuels's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-477.852	+	1232.461
	=	754.6

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

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-381.663	+	1132.162
	=	750.5

OPAL Fuels (NAS:OPAL) Total Assets Explanation

Total Assets is connected with ROA %.

OPAL Fuels's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	9.208	/	( (754.609	+	750.499)	/ 2 )
	=	9.208	/	752.554
	=	1.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

OPAL Fuels's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	64.952	/	( (754.609	+	750.499)	/ 2 )
=	64.952	/	752.554
=	0.09

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

OPAL Fuels Total Assets 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 » Total Assets

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.