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Fuelcell Energy (FCEL)
NASDAQ:FCEL
US Market

Fuelcell Energy (FCEL) Ratios

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Fuelcell Energy Ratios

FCEL's free cash flow for Q3 2025 was $-0.11. For the 2025 fiscal year, FCEL's free cash flow was decreased by $ and operating cash flow was $-1.91. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
5.37 6.01 7.23 6.76 10.30
Quick Ratio
3.85 4.48 5.95 5.70 9.03
Cash Ratio
2.53 2.00 3.79 5.34 8.19
Solvency Ratio
-0.77 -0.41 -0.42 -0.68 -0.48
Operating Cash Flow Ratio
-1.40 -2.07 -2.13 -1.31 -1.33
Short-Term Operating Cash Flow Coverage
-6.31 -9.60 -13.15 -8.10 -6.34
Net Current Asset Value
$ 164.94M$ 227.80M$ 281.10M$ 394.95M$ 373.46M
Leverage Ratios
Debt-to-Assets Ratio
0.16 0.15 0.15 0.11 0.11
Debt-to-Equity Ratio
0.22 0.20 0.19 0.14 0.14
Debt-to-Capital Ratio
0.18 0.16 0.16 0.12 0.12
Long-Term Debt-to-Capital Ratio
0.16 0.14 0.14 0.09 0.10
Financial Leverage Ratio
1.35 1.32 1.29 1.26 1.25
Debt Service Coverage Ratio
-7.31 -4.33 -4.21 -5.91 -3.99
Interest Coverage Ratio
-38.26 -16.36 -18.78 -22.48 -8.81
Debt to Market Cap
0.71 0.05 <0.01 <0.01 <0.01
Interest Debt Per Share
3.89 0.62 0.36 0.29 0.31
Net Debt to EBITDA
0.26 0.06 1.48 2.98 4.53
Profitability Margins
Gross Profit Margin
-16.70%-32.03%-8.54%-22.67%-22.47%
EBIT Margin
-97.50%-131.15%-81.23%-107.31%-134.60%
EBITDA Margin
-96.07%-98.87%-60.66%-91.00%-106.04%
Operating Profit Margin
-121.61%-141.34%-110.28%-110.15%-93.27%
Pretax Profit Margin
-120.91%-139.79%-87.10%-112.21%-145.18%
Net Profit Margin
-119.81%-112.38%-87.17%-112.84%-145.18%
Continuous Operations Profit Margin
-100.39%-139.82%-87.57%-112.84%-145.18%
Net Income Per EBT
99.09%80.39%100.09%100.56%100.00%
EBT Per EBIT
99.42%98.91%78.98%101.87%155.65%
Return on Assets (ROA)
-22.82%-13.35%-11.26%-15.67%-11.54%
Return on Equity (ROE)
-28.11%-17.58%-14.49%-19.78%-14.38%
Return on Capital Employed (ROCE)
-25.26%-18.21%-15.30%-16.83%-7.89%
Return on Invested Capital (ROIC)
-24.28%-17.87%-15.19%-16.64%-7.78%
Return on Tangible Assets
-22.93%-13.62%-11.50%-16.03%-11.85%
Earnings Yield
-59.62%-5.01%-0.81%-0.41%-0.11%
Efficiency Ratios
Receivables Turnover
2.89 2.31 6.14 8.20 2.94
Payables Turnover
11.25 6.56 5.05 5.68 4.42
Inventory Turnover
1.76 1.30 1.59 1.76 1.27
Fixed Asset Turnover
1.46 0.81 1.26 2.00 1.46
Asset Turnover
0.19 0.12 0.13 0.14 0.08
Working Capital Turnover Ratio
0.51 0.29 0.27 0.26 0.21
Cash Conversion Cycle
300.58 382.84 217.37 187.50 328.82
Days of Sales Outstanding
126.16 158.20 59.47 44.49 124.07
Days of Inventory Outstanding
206.85 280.32 230.17 207.31 287.27
Days of Payables Outstanding
32.43 55.68 72.27 64.30 82.52
Operating Cycle
333.01 438.53 289.64 251.80 411.34
Cash Flow Ratios
Operating Cash Flow Per Share
-2.67 -0.63 -0.34 -0.29 -0.21
Free Cash Flow Per Share
-3.45 -0.82 -0.57 -0.41 -0.43
CapEx Per Share
0.78 0.20 0.23 0.12 0.22
Free Cash Flow to Operating Cash Flow
1.29 1.31 1.66 1.42 2.04
Dividend Paid and CapEx Coverage Ratio
-3.08 -3.00 -1.47 -2.25 -0.92
Capital Expenditure Coverage Ratio
-3.43 -3.20 -1.52 -2.40 -0.96
Operating Cash Flow Coverage Ratio
-0.71 -1.08 -1.01 -1.08 -0.72
Operating Cash Flow to Sales Ratio
-0.61 -1.36 -1.14 -0.86 -1.01
Free Cash Flow Yield
-66.19%-7.98%-1.75%-0.44%-0.15%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-1.68 -19.95 -123.91 -243.57 -947.32
Price-to-Sales (P/S) Ratio
1.19 22.41 108.02 274.84 1.38K
Price-to-Book (P/B) Ratio
0.52 3.51 17.96 48.19 136.27
Price-to-Free Cash Flow (P/FCF) Ratio
-1.51 -12.53 -57.30 -225.80 -666.14
Price-to-Operating Cash Flow Ratio
-3.29 -16.44 -95.04 -319.72 -1.36K
Price-to-Earnings Growth (PEG) Ratio
0.18 -0.19 3.72 -9.13 37.89
Price-to-Fair Value
0.52 3.51 17.96 48.19 136.27
Enterprise Value Multiple
-0.98 -22.61 -176.59 -299.03 -1.29K
Enterprise Value
149.42M 2.51B 13.22B 35.51B 95.37B
EV to EBITDA
-0.98 -22.61 -176.59 -299.03 -1.29K
EV to Sales
0.94 22.35 107.12 272.13 1.37K
EV to Free Cash Flow
-1.20 -12.49 -56.83 -223.58 -663.81
EV to Operating Cash Flow
-1.55 -16.39 -94.25 -316.56 -1.35K
Tangible Book Value Per Share
17.17 2.91 1.82 1.91 2.04
Shareholders’ Equity Per Share
17.04 2.94 1.82 1.94 2.10
Tax and Other Ratios
Effective Tax Rate
0.02 >-0.01 >-0.01 >-0.01 >-0.01
Revenue Per Share
4.37 0.46 0.30 0.34 0.21
Net Income Per Share
-5.24 -0.52 -0.26 -0.38 -0.30
Tax Burden
0.99 0.80 1.00 1.01 1.00
Interest Burden
1.24 1.07 1.07 1.05 1.08
Research & Development to Revenue
0.22 0.49 0.49 0.26 0.16
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
0.07 0.10 0.10 0.05 0.06
Income Quality
0.48 1.21 1.30 0.76 0.70
Currency in USD