OPAL Fuels Inc. financial data

Symbol
OPAL on Nasdaq
Industry
Gas & Other Services Combined
Location
200 Clarendon Street, 55 Th Floor, Boston, Massachusetts
State of incorporation
Cayman Islands
Fiscal year end
December 31
Former names
ArcLight Clean Transition Corp. II (to 7/21/2022)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 137 % +1.77%
Debt-to-equity -43.2 % -34.3%
Return On Equity 16.5 %
Return On Assets 0.88 %
Operating Margin 7.62 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.2M shares
Common Stock, Shares, Outstanding 25.7M shares
Entity Public Float 160M USD +0.55%
Weighted Average Number of Shares Outstanding, Basic 27.4M shares -0.06%
Weighted Average Number of Shares Outstanding, Diluted 27.4M shares -0.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 278M USD +21.2%
Revenue from Contract with Customer, Excluding Assessed Tax 273M USD +21.5%
Research and Development Expense 785K USD -58.3%
General and Administrative Expense 7.55M USD +340%
Costs and Expenses 257M USD +11%
Operating Income (Loss) 21.2M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 135M USD +355%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent 2.91M USD
Earnings Per Share, Basic 0.75 USD/shares +971%
Earnings Per Share, Diluted 0.74 USD/shares +1133%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 28.2M USD -15.2%
Accounts Receivable, after Allowance for Credit Loss, Current 22.8M USD -23.9%
Assets, Current 106M USD -21.6%
Property, Plant and Equipment, Net 250M USD
Operating Lease, Right-of-Use Asset 12.1M USD +4.66%
Intangible Assets, Net (Excluding Goodwill) 1.54M USD -23.4%
Goodwill 54.6M USD 0%
Other Assets, Noncurrent 1.65M USD +10.9%
Assets 750M USD +23.7%
Accounts Payable, Current 68.5K USD -65.7%
Employee-related Liabilities, Current 10.4M USD -0.98%
Accrued Liabilities, Current 29.9K USD -82.9%
Contract with Customer, Liability, Current 7.79M USD -8.61%
Liabilities, Current 75.4M USD -42.4%
Operating Lease, Liability, Noncurrent 11.6M USD +4.92%
Other Liabilities, Noncurrent 8.64M USD +1067%
Liabilities 297M USD +22%
Accumulated Other Comprehensive Income (Loss), Net of Tax 42K USD -69.3%
Retained Earnings (Accumulated Deficit) -371M USD +54.1%
Stockholders' Equity Attributable to Parent -382M USD +53.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -382M USD +51.8%
Liabilities and Equity 750M USD +23.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 13.7M USD +229%
Net Cash Provided by (Used in) Financing Activities -6.64M USD +79.7%
Net Cash Provided by (Used in) Investing Activities -21.6M USD -143%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -14.5M USD +61.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32.7M USD -17.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.24M USD +145%
Deferred Tax Assets, Valuation Allowance 27.7M USD -9.26%
Deferred Tax Assets, Gross 27.7M USD -9.26%
Depreciation 13.7M USD +12.4%
Payments to Acquire Property, Plant, and Equipment 26.8M USD -31%
Property, Plant and Equipment, Gross 348M USD
Operating Lease, Liability, Current 656K USD -1.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 937K USD
Amortization of Intangible Assets 470K USD -36.3%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 987K USD
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 5.95M USD +4.33%
Operating Leases, Future Minimum Payments, Due in Three Years 852K USD
Operating Leases, Future Minimum Payments Due 3.19M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%