Alternus Clean Energy, Inc. financial data

Symbol
ALCE on Nasdaq, ACLEW on OTC
Industry
Electric & Other Services Combined
Location
17 State Street, Suite 4000, New York City, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
Clean Earth Acquisitions Corp. (to 12/21/2023)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 33.4 % -97.9%
Debt-to-equity -253 % +47.5%
Return On Equity 90.4 % -76.3%
Return On Assets -59.2 % -123%
Operating Margin -91 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.37M shares
Common Stock, Shares, Outstanding 3.49M shares
Entity Public Float 84.8M USD -62.7%
Common Stock, Value, Issued 9K USD
Weighted Average Number of Shares Outstanding, Basic 66.1M shares +15%
Weighted Average Number of Shares Outstanding, Diluted 3.31M shares +44%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 15.1M USD -92.6%
Research and Development Expense 741K USD
General and Administrative Expense 174 USD
Operating Income (Loss) -13.7M USD -184%
Nonoperating Income (Expense) -429K USD +75.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -62.5M USD -137%
Income Tax Expense (Benefit) 15K USD
Net Income (Loss) Attributable to Parent -66.5M USD -70%
Earnings Per Share, Basic -0.95 USD/shares +9.89%
Earnings Per Share, Diluted -0.95 USD/shares +9.89%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1M USD -65.8%
Accounts Receivable, after Allowance for Credit Loss, Current 21K USD
Assets, Current 58.7M USD -32%
Property, Plant and Equipment, Net 23.8M USD
Operating Lease, Right-of-Use Asset 1.1M USD
Other Assets, Noncurrent 7.69M USD
Assets 92.3M USD +6.92%
Accounts Payable, Current 10.2M USD +5873%
Accrued Liabilities, Current 14.5M USD +2001%
Liabilities, Current 174M USD +3424%
Operating Lease, Liability, Noncurrent 1.19M USD
Liabilities 175M USD +3445%
Retained Earnings (Accumulated Deficit) -107M USD -2186%
Stockholders' Equity Attributable to Parent -82.7M USD -237%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -75.9M USD
Liabilities and Equity 92.3M USD +6.92%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 894K USD
Net Cash Provided by (Used in) Financing Activities 234M USD
Net Cash Provided by (Used in) Investing Activities -1.2M USD +99.5%
Common Stock, Shares Authorized 300M shares
Common Stock, Shares, Issued 3.49M shares
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 -22.3M USD -2093%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.01M USD -87.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.46M USD +132%
Deferred Tax Assets, Valuation Allowance 5.69M USD +77.7%
Deferred Tax Assets, Gross 5.98M USD +75.8%
Operating Lease, Liability 1.21M USD
Payments to Acquire Property, Plant, and Equipment 1.49M USD +1098%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -69.9M USD +54.7%
Lessee, Operating Lease, Liability, to be Paid 2.93M USD
Property, Plant and Equipment, Gross 24M USD
Operating Lease, Liability, Current 141K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 199K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 193K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.72M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 205K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.33M USD +6.41%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 212K USD
Operating Lease, Payments 75K USD
Additional Paid in Capital 30.3M USD
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 2.61M USD -88.3%
Deferred Tax Assets, Net of Valuation Allowance 291K USD +44.8%
Interest Expense 4.11M USD -6.85%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%