Alternus Clean Energy, Inc. financial data

Symbol
ALCE on Nasdaq, ACLEW on OTC
Industry
Electric & Other Services Combined
Location
360 Kingsley Park Drive, Suite 250, Fort Mill, SC
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Clean Earth Acquisitions Corp. (to 12/21/2023)
Latest financial report
10-Q - Q2 2024 - Aug 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 40.4 % -97.7%
Debt-to-equity -266 % +65.7%
Return On Equity 141 % -62.5%
Return On Assets -68.5 % -412%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 86.8M shares
Common Stock, Shares, Outstanding 81.8M shares
Entity Public Float 84.8M USD -62.7%
Common Stock, Value, Issued 8K USD
Weighted Average Number of Shares Outstanding, Basic 66.1M shares +15%
Weighted Average Number of Shares Outstanding, Diluted 66.1M shares +15%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.85M USD -36%
Research and Development Expense 7K USD -93.7%
General and Administrative Expense 174 USD
Operating Income (Loss) -11.8M USD -113%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -61.9M USD -156%
Income Tax Expense (Benefit) 15K USD
Net Income (Loss) Attributable to Parent -76M USD -208%
Earnings Per Share, Basic -0.1 USD/shares -100%
Earnings Per Share, Diluted -0.1 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.09M USD -71.2%
Accounts Receivable, after Allowance for Credit Loss, Current 1.18M USD
Assets, Current 14.5M USD -82.9%
Property, Plant and Equipment, Net 63.6M USD
Operating Lease, Right-of-Use Asset 1.27M USD
Other Assets, Noncurrent 6.2M USD
Assets 86.6M USD +1.72%
Accounts Payable, Current 10.8M USD +13119%
Accrued Liabilities, Current 22.6M USD +3390%
Liabilities, Current 162M USD +4195%
Operating Lease, Liability, Noncurrent 1.19M USD
Liabilities 164M USD +4231%
Retained Earnings (Accumulated Deficit) -102M USD -2741%
Stockholders' Equity Attributable to Parent -77.1M USD -1151%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -75.9M USD
Liabilities and Equity 86.6M USD +1.72%

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 150M shares
Common Stock, Shares, Issued 81.8M 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 1.09M USD -88.4%
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 1.37M USD
Payments to Acquire Property, Plant, and Equipment 1.49M USD +1098%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -6.33M USD -467%
Lessee, Operating Lease, Liability, to be Paid 3.08M USD
Property, Plant and Equipment, Gross 71.8M USD
Operating Lease, Liability, Current 182K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 244K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 238K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.71M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 250K 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 219K USD
Operating Lease, Payments 75K USD
Additional Paid in Capital 28.2M USD
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 543K USD -41.2%
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%