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OPAL (OPAL Fuels) Total Assets : $881.1 Mil (As of Dec. 2024)


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What is OPAL Fuels Total Assets?

OPAL Fuels's Total Assets for the quarter that ended in Dec. 2024 was $881.1 Mil.

During the past 12 months, OPAL Fuels's average Total Assets Growth Rate was 21.30% per year. During the past 3 years, the average Total Assets Growth Rate was 35.90% per year.

During the past 6 years, OPAL Fuels's highest 3-Year average Total Assets Growth Rate was 65.20%. The lowest was 35.90%. And the median was 50.55%.

Total Assets is connected with ROA %. OPAL Fuels's annualized ROA % for the quarter that ended in Dec. 2024 was 0.60%. Total Assets is also linked to Revenue through Asset Turnover. OPAL Fuels's Asset Turnover for the quarter that ended in Dec. 2024 was 0.09.


OPAL Fuels Total Assets Historical Data

The historical data trend for OPAL Fuels's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OPAL Fuels Total Assets Chart

OPAL Fuels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 169.46 380.84 644.86 754.61 881.08

OPAL Fuels Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 754.61 750.50 782.31 831.09 881.08

OPAL Fuels Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

OPAL Fuels's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=465.032+416.045
=881.1

OPAL Fuels's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=465.032+416.045
=881.1

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OPAL Fuels  (NAS:OPAL) Total Assets Explanation

Total Assets is connected with ROA %.

OPAL Fuels's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=5.14/( (831.088+881.077)/ 2 )
=5.14/856.0825
=0.60 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

OPAL Fuels's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=80.023/( (831.088+881.077)/ 2 )
=80.023/856.0825
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

OPAL Fuels Total Assets Related Terms

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OPAL Fuels Business Description

Traded in Other Exchanges
N/A
Address
One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601
OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-de-carbonize industrial sectors. The company designs, develops, constructs, operates, and services Fueling Stations for trucking fleets across the country that use natural gas to displace diesel as their transportation fuel. The company derives revenue from the sale of Renewable Power, design, development, construction, and service of Fueling Stations, and sales of RNG produced by OPAL and third parties as pipeline-quality natural gas.