Clean Energy Fuels Corp (CLNE) - Net Assets
Based on the latest financial reports, Clean Energy Fuels Corp (CLNE) has net assets worth $591.05 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.13 Billion) and total liabilities ($534.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Clean Energy Fuels Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $591.05 Million |
| % of Total Assets | 52.53% |
| Annual Growth Rate | 13.54% |
| 5-Year Change | 37.62% |
| 10-Year Change | 118.74% |
| Growth Volatility | 27.24 |
Clean Energy Fuels Corp - Net Assets Trend (2003–2024)
This chart illustrates how Clean Energy Fuels Corp's net assets have evolved over time, based on quarterly financial data. Also explore CLNE current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Clean Energy Fuels Corp (2003–2024)
The table below shows the annual net assets of Clean Energy Fuels Corp from 2003 to 2024. For live valuation and market cap data, see Clean Energy Fuels Corp (CLNE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $719.53 Million | -1.92% |
| 2023-12-31 | $733.65 Million | +0.85% |
| 2022-12-31 | $727.47 Million | -3.70% |
| 2021-12-31 | $755.41 Million | +44.48% |
| 2020-12-31 | $522.85 Million | -3.72% |
| 2019-12-31 | $543.03 Million | +3.43% |
| 2018-12-31 | $525.01 Million | +16.76% |
| 2017-12-31 | $449.66 Million | -8.92% |
| 2016-12-31 | $493.69 Million | +50.08% |
| 2015-12-31 | $328.94 Million | -29.26% |
| 2014-12-31 | $465.04 Million | -10.32% |
| 2013-12-31 | $518.54 Million | -5.14% |
| 2012-12-31 | $546.63 Million | +0.41% |
| 2011-12-31 | $544.41 Million | +30.80% |
| 2010-12-31 | $416.22 Million | +48.45% |
| 2009-12-31 | $280.38 Million | +16.33% |
| 2008-12-31 | $241.01 Million | +4.36% |
| 2007-12-31 | $230.93 Million | +87.88% |
| 2006-12-31 | $122.92 Million | +31.48% |
| 2005-12-31 | $93.49 Million | +50.64% |
| 2004-12-31 | $62.06 Million | +24.25% |
| 2003-12-31 | $49.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clean Energy Fuels Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 101254200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.00% |
| Other Comprehensive Income | $-4.30 Million | -0.60% |
| Other Components | $1.73 Billion | 242.56% |
| Total Equity | $713.27 Million | 100.00% |
Clean Energy Fuels Corp Competitors by Market Cap
The table below lists competitors of Clean Energy Fuels Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PVA TePla AG
XETRA:TPE
|
$510.97 Million |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
$511.04 Million |
|
Shanghai Ailu Package Co. Ltd.
SHE:301062
|
$511.11 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$511.14 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$510.91 Million |
|
Geron Co Ltd
SHE:002722
|
$510.88 Million |
|
Shanghai Trendzone Decor Grp
SHG:603030
|
$510.68 Million |
|
Zenitron Corp
TW:3028
|
$510.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean Energy Fuels Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 726,770,000 to 713,273,000, a change of -13,497,000 (-1.9%).
- Net loss of 83,070,000 reduced equity.
- New share issuances of 64,000 increased equity.
- Other comprehensive income decreased equity by 2,178,000.
- Other factors increased equity by 71,687,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-83.07 Million | -11.65% |
| Share Issuances | $64.00K | +0.01% |
| Other Comprehensive Income | $-2.18 Million | -0.31% |
| Other Changes | $71.69 Million | +10.05% |
| Total Change | $- | -1.86% |
Book Value vs Market Value Analysis
This analysis compares Clean Energy Fuels Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $2.84 | $2.33 | x |
| 2004-12-31 | $3.28 | $2.33 | x |
| 2005-12-31 | $4.03 | $2.33 | x |
| 2006-12-31 | $3.88 | $2.33 | x |
| 2007-12-31 | $5.74 | $2.33 | x |
| 2008-12-31 | $5.23 | $2.33 | x |
| 2009-12-31 | $5.04 | $2.33 | x |
| 2010-12-31 | $6.61 | $2.33 | x |
| 2011-12-31 | $7.68 | $2.33 | x |
| 2012-12-31 | $6.21 | $2.33 | x |
| 2013-12-31 | $5.48 | $2.33 | x |
| 2014-12-31 | $4.67 | $2.33 | x |
| 2015-12-31 | $3.30 | $2.33 | x |
| 2016-12-31 | $3.93 | $2.33 | x |
| 2017-12-31 | $2.84 | $2.33 | x |
| 2018-12-31 | $2.81 | $2.33 | x |
| 2019-12-31 | $2.59 | $2.33 | x |
| 2020-12-31 | $2.56 | $2.33 | x |
| 2021-12-31 | $3.51 | $2.33 | x |
| 2022-12-31 | $3.24 | $2.33 | x |
| 2023-12-31 | $3.26 | $2.33 | x |
| 2024-12-31 | $3.19 | $2.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean Energy Fuels Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.98%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.74x
- Recent ROE (-11.65%) is below the historical average (-11.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.03% | 0.04% | 0.55x | 1.46x | $-4.98 Million |
| 2004 | 3.43% | 3.69% | 0.72x | 1.29x | $-4.08 Million |
| 2005 | 18.46% | 22.14% | 0.61x | 1.38x | $7.91 Million |
| 2006 | -63.05% | -84.66% | 0.67x | 1.11x | $-89.79 Million |
| 2007 | -3.85% | -7.56% | 0.47x | 1.08x | $-31.99 Million |
| 2008 | -17.21% | -31.56% | 0.45x | 1.22x | $-64.59 Million |
| 2009 | -11.99% | -25.28% | 0.37x | 1.28x | $-60.97 Million |
| 2010 | -0.61% | -1.19% | 0.36x | 1.41x | $-43.84 Million |
| 2011 | -8.81% | -16.27% | 0.31x | 1.74x | $-101.72 Million |
| 2012 | -18.66% | -30.32% | 0.34x | 1.80x | $-155.53 Million |
| 2013 | -13.01% | -19.00% | 0.28x | 2.43x | $-118.43 Million |
| 2014 | -20.50% | -20.90% | 0.37x | 2.65x | $-133.40 Million |
| 2015 | -44.37% | -34.93% | 0.38x | 3.32x | $-164.50 Million |
| 2016 | -2.59% | -3.02% | 0.45x | 1.91x | $-59.04 Million |
| 2017 | -18.56% | -23.20% | 0.43x | 1.85x | $-121.94 Million |
| 2018 | -0.75% | -1.09% | 0.50x | 1.38x | $-54.59 Million |
| 2019 | 3.83% | 5.94% | 0.44x | 1.46x | $-32.92 Million |
| 2020 | -1.92% | -3.38% | 0.41x | 1.39x | $-61.21 Million |
| 2021 | -12.47% | -36.44% | 0.27x | 1.28x | $-167.85 Million |
| 2022 | -8.16% | -13.98% | 0.39x | 1.50x | $-130.73 Million |
| 2023 | -13.69% | -23.40% | 0.34x | 1.73x | $-172.17 Million |
| 2024 | -11.65% | -19.98% | 0.33x | 1.74x | $-154.40 Million |
Industry Comparison
This section compares Clean Energy Fuels Corp's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $3,403,065,333
- Average return on equity (ROE) among peers: 7.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean Energy Fuels Corp (CLNE) | $591.05 Million | 0.03% | 0.90x | $510.97 Million |
| Crossamerica Partners LP (CAPL) | $78.40 Million | 23.06% | 11.20x | $810.75 Million |
| Cosan SA ADR (CSAN) | $766.34 Million | 2.23% | 2.55x | $3.96 Billion |
| CVR Energy Inc (CVI) | $1.67 Billion | 22.78% | 1.34x | $2.89 Billion |
| HF Sinclair Corp (DINO) | $80.00 Million | 22.63% | 2.59x | $10.95 Billion |
| Delek US Energy Inc (DK) | $575.20 Million | -97.43% | 10.59x | $2.44 Billion |
| Delek Logistics Partners LP (DKL) | $-110.70 Million | 0.00% | 0.00x | $2.83 Billion |
| Delixy Holdings Limited Ordinary Shares (DLXY) | $1.35 Million | 75.98% | 16.48x | $11.25 Million |
| Icahn Enterprises LP (IEP) | $7.89 Billion | 2.47% | 1.70x | $4.77 Billion |
| Marathon Petroleum Corp (MPC) | $19.68 Billion | 14.50% | 1.19x | $61.10 Billion |
About Clean Energy Fuels Corp
Clean Energy Fuels Corp. offers natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and provides operation and maintenance services for public and private vehicle fleet customer stations. The compa… Read more