OPAL Fuels Inc.

OPAL Fuels Inc.verified

OPAL

Price:

$3.68

Market Cap:

$104.62M

OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.[Read more]

Industry

Regulated Gas

IPO Date

2021-05-24

Stock Exchange

NASDAQ

Ticker

OPAL

The Current Ratio as of November 2024 (TTM) for OPAL Fuels Inc. (OPAL) is 0.02

According to OPAL Fuels Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -98.36% compared to the average of 1.10 of the last 4 quarters.

OPAL Fuels Inc. (OPAL) Historical Current Ratio (quarterly & annually)

How has OPAL Current Ratio performed in the past?

The mean historical Current Ratio of OPAL Fuels Inc. over the last ten years is 1.16. The current 0.02 Current Ratio has changed 55.37% with respect to the historical average. Over the past ten years (40 quarters), OPAL's Current Ratio was at its highest in in the September 2021 quarter at 7.69. The Current Ratio was at its lowest in in the September 2024 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.16

Median

1.19

Minimum

0.61

Maximum

1.68

OPAL Fuels Inc. (OPAL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OPAL Fuels Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 126.53%

Maximum Annual Current Ratio = 1.68

Minimum Annual Increase = -48.77%

Minimum Annual Current Ratio = 0.61

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.6820.93%
20221.39126.53%
20210.61-48.77%
20201.1929.98%

OPAL Fuels Inc. (OPAL) Average Current Ratio

How has OPAL Current Ratio performed in the past?

The current Current Ratio of OPAL Fuels Inc. (OPAL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.22

5-year avg

1.16

10-year avg

1.16

OPAL Fuels Inc. (OPAL) Current Ratio vs. Peers

How is OPAL’s Current Ratio compared to its peers?

OPAL Fuels Inc.’s Current Ratio is less than Northwest Natural Holding Company (0.83), less than Chesapeake Utilities Corporation (0.38), less than ONE Gas, Inc. (0.50), less than NiSource Inc. (0.46), less than UGI Corporation (0.91), less than New Jersey Resources Corporation (0.60), less than Spire Inc. (0.45), less than NiSource Inc. (0.46), less than RGC Resources, Inc. (1.07), less than Atmos Energy Corporation (0.94), less than UGI Corporation (0.91),

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