OPAL Fuels Inc. (OPAL)

OPAL Fuels Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	29.93	24.31	38.35	40.39	39.31	12.82
Short-Term Investments	-	-	9.88	64.98	-	-
Cash & Short-Term Investments	30.01	24.31	48.22	105.37	39.31	12.82
Cash Growth	-3.65%	-49.59%	-54.23%	168.02%	206.59%	18.13%
Accounts Receivable	65.45	57.61	53.11	53.28	33.88	27.53
Other Receivables	3.26	5.64	5.35	4.14	2.39	2.28
Receivables	70.29	64.01	58.45	57.42	36.27	29.8
Inventory	12.08	10.29	10.19	7.31	5.14	4.24
Prepaid Expenses	8.41	11.05	6.01	7.63	5.48	2.98
Restricted Cash	1.08	0.97	4.4	32.4	-	-
Other Current Assets	0.92	6.55	0.81	1.86	0.77	1.36
Total Current Assets	122.79	117.19	128.07	211.98	86.98	51.21
Property, Plant & Equipment	484.35	470.99	351.79	309.07	169.77	79.49
Long-Term Investments	227.55	223.59	207.1	52.72	47.15	25.57
Goodwill	54.61	54.61	54.61	54.61	54.61	3.45
Other Intangible Assets	-	1.33	1.6	2.17	2.86	3.44
Long-Term Deferred Charges	-	-	-	3.01	2.37	-
Other Long-Term Assets	27.46	10.86	9.13	9.36	6.25	6.3
Total Assets	916.75	881.08	754.61	644.86	380.84	169.46
Accounts Payable	22.64	23.87	20.09	23.18	12.58	8.68
Accrued Expenses	30.06	50.06	42.39	34.19	22.37	15.35
Current Portion of Long-Term Debt	11.21	12.62	1.61	79.47	96.01	12.23
Current Portion of Leases	0.81	3.36	2.04	1.08	-	-
Current Unearned Revenue	8.38	9.28	6.31	8.01	9.79	4.68
Other Current Liabilities	10.37	4.41	1.9	6.98	1.37	1.93
Total Current Liabilities	83.46	103.6	74.34	152.91	142.12	42.86
Long-Term Debt	330.49	285	196.54	88.31	134.08	91.6
Long-Term Leases	11.94	19.71	19.21	12.07	-	-
Other Long-Term Liabilities	8.06	7.73	7.03	13.75	9.69	4.54
Total Liabilities	433.95	416.05	297.12	267.04	285.89	139
Common Stock	0.02	0.02	0.02	0.02	0.01	49.17
Retained Earnings	19.09	-137	-467.2	-800.81	-	-25.4
Treasury Stock	-11.61	-11.61	-11.61	-	-	-
Comprehensive Income & Other	-0.01	0.15	-0.02	0.2	-	-
Total Common Equity	7.48	-148.45	-478.81	-800.6	0.01	23.77
Minority Interest	475.32	613.48	936.29	1,178	94.94	6.69
Shareholders' Equity	482.8	465.03	457.49	377.82	94.96	30.46
Total Liabilities & Equity	916.75	881.08	754.61	644.86	380.84	169.46
Total Debt	354.45	320.7	219.4	180.93	230.1	103.83
Net Cash (Debt)	-324.43	-296.39	-171.18	-75.56	-190.78	-91
Net Cash Per Share	-11.30	-10.70	-6.23	-2.90	-	-
Filing Date Shares Outstanding	29	28.43	28.08	27.69	-	-
Total Common Shares Outstanding	29	28.43	28.07	29.48	-	-
Working Capital	39.32	13.59	53.73	59.08	-55.14	8.34
Book Value Per Share	0.26	-5.22	-17.06	-27.16	-	-
Tangible Book Value	-47.13	-204.39	-535.02	-857.38	-57.46	16.88
Tangible Book Value Per Share	-1.63	-7.19	-19.06	-29.09	-	-
Land	-	1.3	1.3	1.3	1.3	-
Buildings	-	2.59	2.59	2.59	2.54	-
Machinery	-	390.87	260.21	238.73	191.51	-
Construction In Progress	-	169.57	175.06	152.11	62.62	-
Leasehold Improvements	-	0.82	0.82	0.82	0.82	-
Order Backlog	-	66.38	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q