OPAL Fuels Inc
OPAL Fuels Inc., together with its subsidiaries, engages in the production and distribution of renewable natural gas (RNG) for use as a vehicle fuel for heavy and medium-duty trucking fleets throughout the United States. The company also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In add… Read more
OPAL Fuels Inc (OPAL) - Net Assets
Latest net assets as of September 2025: $482.80 Million USD
Based on the latest financial reports, OPAL Fuels Inc (OPAL) has net assets worth $482.80 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 ($916.75 Million) and total liabilities ($433.95 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $482.80 Million |
| % of Total Assets | 52.66% |
| Annual Growth Rate | 87.94% |
| 5-Year Change | 1426.75% |
| 10-Year Change | N/A |
| Growth Volatility | 116.79 |
OPAL Fuels Inc - Net Assets Trend (2019–2024)
This chart illustrates how OPAL Fuels Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OPAL Fuels Inc (2019–2024)
The table below shows the annual net assets of OPAL Fuels Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $465.03 Million | +1.65% |
| 2023-12-31 | $457.49 Million | +21.09% |
| 2022-12-31 | $377.82 Million | +297.88% |
| 2021-12-31 | $94.96 Million | +211.75% |
| 2020-12-31 | $30.46 Million | +53.78% |
| 2019-12-31 | $19.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OPAL Fuels Inc'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 13426100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | % |
| Other Comprehensive Income | $152.00K | % |
| Total Equity | $-148.45 Million | 100.00% |
OPAL Fuels Inc Competitors by Market Cap
The table below lists competitors of OPAL Fuels Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northfield Capital Corporation
V:NFD-A
|
$41.00 Million |
|
BRISANET ON NM
SA:BRST3
|
$41.01 Million |
|
Qrf Comm. VA
F:2QR
|
$41.03 Million |
|
Chin Hung Int'
KO:002780
|
$41.03 Million |
|
AVE S.A.
AT:AVE
|
$40.99 Million |
|
Kjell Group AB
ST:KJELL
|
$40.99 Million |
|
Aileron Therapeutics Inc
NASDAQ:ALRN
|
$40.98 Million |
|
Mercator Medical S.A.
WAR:MRC
|
$40.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OPAL Fuels Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -478,807,000 to -148,449,000, a change of 330,358,000.
- Net income of 11,031,000 contributed positively to equity growth.
- Dividend payments of 13,086,000 reduced retained earnings.
- New share issuances of 170,000 increased equity.
- Other comprehensive income increased equity by 167,000.
- Other factors increased equity by 332,076,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.03 Million | +7.43% |
| Dividends Paid | $13.09 Million | -8.82% |
| Share Issuances | $170.00K | +0.11% |
| Other Comprehensive Income | $167.00K | +0.11% |
| Other Changes | $332.08 Million | +223.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares OPAL Fuels Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.79 | $2.44 | x |
| 2020-12-31 | $0.94 | $2.44 | x |
| 2021-12-31 | $0.00 | $2.44 | x |
| 2022-12-31 | $-30.72 | $2.44 | x |
| 2023-12-31 | $-17.41 | $2.44 | x |
| 2024-12-31 | $-5.36 | $2.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OPAL Fuels Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.68%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (227.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -26.50% | -4.39% | 0.72x | 8.37x | $-7.23 Million |
| 2020 | -106.66% | -21.54% | 0.69x | 7.13x | $-27.74 Million |
| 2021 | 1500.00% | 0.13% | 0.44x | 27203.14x | $208.60K |
| 2022 | 0.00% | 4.81% | 0.37x | 0.00x | $91.38 Million |
| 2023 | 0.00% | 11.69% | 0.34x | 0.00x | $77.83 Million |
| 2024 | 0.00% | 3.68% | 0.34x | 0.00x | $25.88 Million |
Industry Comparison
This section compares OPAL Fuels Inc's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $9,591,711,655
- Average return on equity (ROE) among peers: 15.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OPAL Fuels Inc (OPAL) | $482.80 Million | -26.50% | 0.90x | $40.99 Million |
| APA Group (APAJF) | $3.21 Billion | 8.05% | 4.14x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| Chesapeake Utilities Corporation (CPK) | $561.58 Million | 11.60% | 2.18x | $3.01 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |