OPAL Total Current Assets vs Net Debt Analysis
OPAL Stock | USD 3.70 0.03 0.82% |
OPAL Fuels financial indicator trend analysis is much more than just breaking down OPAL Fuels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OPAL Fuels is a good investment. Please check the relationship between OPAL Fuels Total Current Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPAL Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OPAL Fuels Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between OPAL Fuels' Total Current Assets and Net Debt is 0.64. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of OPAL Fuels, assuming nothing else is changed. The correlation between historical values of OPAL Fuels' Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of OPAL Fuels are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., OPAL Fuels' Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from OPAL Fuels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OPAL Fuels current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPAL Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.The value of Selling General Administrative is expected to slide to about 32.3 M. The value of Issuance Of Capital Stock is estimated to slide to about 347.7 K
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.7M | 13.9M | 15.2M | 12.3M | Interest Income | 769K | 3.3M | 4.1M | 4.3M |
OPAL Fuels fundamental ratios Correlations
Click cells to compare fundamentals
OPAL Fuels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OPAL Fuels. If investors know OPAL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OPAL Fuels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 0.18 | Revenue Per Share 11.16 | Quarterly Revenue Growth 0.182 | Return On Assets 0.0222 |
The market value of OPAL Fuels is measured differently than its book value, which is the value of OPAL that is recorded on the company's balance sheet. Investors also form their own opinion of OPAL Fuels' value that differs from its market value or its book value, called intrinsic value, which is OPAL Fuels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OPAL Fuels' market value can be influenced by many factors that don't directly affect OPAL Fuels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OPAL Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if OPAL Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OPAL Fuels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.