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Verde Clean Fuels (Verde Clean Fuels) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Verde Clean Fuels Debt-to-Equity?

Verde Clean Fuels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.30 Mil. Verde Clean Fuels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.64 Mil. Verde Clean Fuels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $35.02 Mil. Verde Clean Fuels's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Verde Clean Fuels's Debt-to-Equity or its related term are showing as below:

VGAS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05   Med: 0.02   Max: 0.3
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of Verde Clean Fuels was 0.30. The lowest was -0.05. And the median was 0.02.

VGAS's Debt-to-Equity is ranked better than
95.63% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs VGAS: 0.03

Verde Clean Fuels Debt-to-Equity Historical Data

The historical data trend for Verde Clean Fuels's Debt-to-Equity 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.

Verde Clean Fuels Debt-to-Equity Chart

Verde Clean Fuels Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.02 -0.05 0.30 0.03

Verde Clean Fuels Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.51 0.51 0.06 0.03

Competitive Comparison of Verde Clean Fuels's Debt-to-Equity

For the Utilities - Renewable subindustry, Verde Clean Fuels's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verde Clean Fuels's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verde Clean Fuels's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Verde Clean Fuels's Debt-to-Equity falls into.



Verde Clean Fuels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Verde Clean Fuels's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Verde Clean Fuels's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Verde Clean Fuels  (NAS:VGAS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Verde Clean Fuels Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Verde Clean Fuels's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Verde Clean Fuels (Verde Clean Fuels) Business Description

Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 5050, Houston, TX, USA, 77002
Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through an innovative and proprietary liquid fuels technology, the STG process.
Executives
J Russell Porter 10 percent owner 1331 LAMAR STREET SUITE 1080, HOUSTON TX 77010
Connally John B Iii 10 percent owner 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Cenaq Sponsor Llc. 10 percent owner 4550 POST OAK PLACE DRIVE, SUITE 300, HOUSTON TX 77027
Michael J Mayell 10 percent owner C/O MERIDIAN RESOURCE CORP, 1401 ENCLAVE PARKWAY #300, HOUSTON TX 77077
Martijn Dekker director 600 TRAVIS STREET, HOUSTON TX 77002
Cottonmouth Ventures Llc 10 percent owner 500 WEST TEXAS AVE., SUITE 100, MIDLAND TX 79701
John R. Doyle officer: Chief Technology Officer 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Ernest B. Miller officer: CEO and Interim CFO 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Bluescape Clean Fuels Holdings, Llc 10 percent owner 300 CRESCENT COURT, SUITE 1860, DALLAS TX 75201
Claire Dail St. director 300 EAST 57TH STREET, NEW YORK NY 10022
Bluescape Energy Recapitalization & Restructuring Fund Iv Lp 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Diamondback Energy E&p Llc 10 percent owner 14301 CALIBER DRIVE, SUITE 300, OKLAHOMA CITY OK 73134
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Jonathan A Siegler director 1601 BRYAN STREET, DALLAS TX 75201
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659