Verde Clean Fuels, Inc. financial data

Symbol
VGAS, VGASW on Nasdaq
Industry
Industrial Organic Chemicals
Location
711 Louisiana Street, Suite 2160, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
CENAQ Energy Corp. (to 2/16/2023)
Latest financial report
10-Q - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 851 % +12.6%
Debt-to-equity -86.2 %
Return On Equity -12.1 % -181%
Return On Assets -10.7 % -191%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 31.9M shares
Entity Public Float 55.9M USD -68.2%
Common Stock, Value, Issued 939 USD +4842%
Weighted Average Number of Shares Outstanding, Basic 6.17M shares +0.81%
Weighted Average Number of Shares Outstanding, Diluted 6.17M shares +0.81%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 433K USD +16.6%
General and Administrative Expense 10.8M USD +3.27%
Operating Income (Loss) -11.2M USD -23.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10M USD +0.78%
Income Tax Expense (Benefit) -13.9K USD
Net Income (Loss) Attributable to Parent -3.1M USD -183%
Earnings Per Share, Basic -0.13 USD/shares -44.4%
Earnings Per Share, Diluted -0.49 USD/shares -44.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21.7M USD -30.4%
Assets, Current 22.8M USD -29%
Property, Plant and Equipment, Net 749K USD +8844%
Operating Lease, Right-of-Use Asset 297K USD +8.63%
Intangible Assets, Net (Excluding Goodwill) 1.93M USD 0%
Other Assets, Noncurrent 162K USD
Assets 25.9M USD -25.1%
Accounts Payable, Current 1.07M USD +125%
Accrued Liabilities, Current 2.21M USD -1.75%
Liabilities, Current 3.52M USD -7.88%
Operating Lease, Liability, Noncurrent 93.9K USD
Liabilities 3.61M USD -5.42%
Retained Earnings (Accumulated Deficit) -26.4M USD -13.3%
Stockholders' Equity Attributable to Parent -10.9M USD -96.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 22.3M USD -27.5%
Liabilities and Equity 25.9M USD -25.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.83M USD +0.59%
Net Cash Provided by (Used in) Financing Activities 37.2M USD +2883%
Net Cash Provided by (Used in) Investing Activities -8.32K USD
Common Stock, Shares, Issued 31.9M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 21.8M USD -30.3%
Deferred Tax Assets, Valuation Allowance 8.96M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 8.96M USD
Depreciation 5.95K USD -24.6%
Payments to Acquire Property, Plant, and Equipment 8.32K USD
Property, Plant and Equipment, Gross 804K USD +1441%
Operating Lease, Liability, Current 221K USD -13.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 49.1K USD
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 36.1M USD +4.62%
Amortization of Intangible Assets 54.7K USD
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense -2.15M USD
Interest Expense 237K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%