Fuelcell Energy (FCEL) Ratios
Fuelcell Energy Ratios
MX:FCEL's free cash flow for Q3 2026 was $-19.36M. For the 2026 fiscal year, MX:FCEL's free cash flow was decreased by $-7.15M and operating cash flow was $-12.20M. See a summary of the company’s cash flow.
| Ratios | Oct 25 | Oct 24 | Oct 23 | Oct 22 | Oct 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 6.63 | 6.01 | 7.23 | 6.76 | 10.30 |
| Quick Ratio | 5.36 | 4.48 | 5.95 | 5.70 | 9.03 |
| Cash Ratio | 4.10 | 2.00 | 3.79 | 5.34 | 8.19 |
| Solvency Ratio | -0.73 | -0.41 | -0.42 | -0.68 | -0.48 |
| Operating Cash Flow Ratio | -1.85 | -2.07 | -2.13 | -1.31 | -1.33 |
| Short-Term Operating Cash Flow Coverage | -7.91 | -9.60 | -13.15 | -8.10 | -6.34 |
| Net Current Asset Value | $ 248.81M | $ 227.80M | $ 281.10M | $ 394.95M | $ 373.46M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.15 | 0.17 | 0.15 | 0.11 | 0.11 |
| Debt-to-Equity Ratio | 0.20 | 0.22 | 0.19 | 0.14 | 0.14 |
| Debt-to-Capital Ratio | 0.17 | 0.18 | 0.16 | 0.12 | 0.12 |
| Long-Term Debt-to-Capital Ratio | 0.14 | 0.15 | 0.14 | 0.09 | 0.10 |
| Financial Leverage Ratio | 1.29 | 1.32 | 1.29 | 1.26 | 1.25 |
| Debt Service Coverage Ratio | -5.36 | -4.33 | -4.21 | -5.91 | -3.99 |
| Interest Coverage Ratio | -11.68 | -16.09 | -18.78 | -22.48 | -8.81 |
| Debt to Market Cap | 0.57 | 0.06 | 0.01 | 0.00 | 0.00 |
| Interest Debt Per Share | 6.00 | 0.68 | 0.36 | 0.30 | 0.32 |
| Net Debt to EBITDA | 0.96 | -0.08 | 1.48 | 2.98 | 4.53 |
| Profitability Margins | |||||
| Gross Profit Margin | -16.70% | -32.03% | -8.54% | -22.67% | -22.47% |
| EBIT Margin | -114.35% | -131.15% | -81.23% | -107.31% | -134.60% |
| EBITDA Margin | -88.81% | -98.87% | -60.66% | -91.00% | -106.04% |
| Operating Profit Margin | -76.65% | -139.06% | -110.28% | -110.15% | -93.27% |
| Pretax Profit Margin | -120.91% | -139.79% | -87.10% | -112.21% | -145.18% |
| Net Profit Margin | -118.80% | -112.38% | -87.17% | -112.84% | -145.18% |
| Continuous Operations Profit Margin | -121.00% | -139.82% | -87.57% | -112.84% | -145.18% |
| Net Income Per EBT | 98.26% | 80.39% | 100.09% | 100.56% | 100.00% |
| EBT Per EBIT | 157.75% | 100.53% | 78.98% | 101.87% | 155.65% |
| Return on Assets (ROA) | -20.16% | -13.35% | -11.26% | -15.67% | -11.54% |
| Return on Equity (ROE) | -26.02% | -17.58% | -14.49% | -19.78% | -14.38% |
| Return on Capital Employed (ROCE) | -14.03% | -17.92% | -15.30% | -16.83% | -7.89% |
| Return on Invested Capital (ROIC) | -13.76% | -17.58% | -15.11% | -16.55% | -7.78% |
| Return on Tangible Assets | -20.24% | -13.62% | -11.50% | -16.03% | -11.85% |
| Earnings Yield | -81.55% | -5.01% | -0.81% | -0.42% | -0.11% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.98 | 2.31 | 6.14 | 8.20 | 2.94 |
| Payables Turnover | 10.85 | 6.56 | 5.05 | 5.68 | 4.42 |
| Inventory Turnover | 2.14 | 1.30 | 1.59 | 1.76 | 1.27 |
| Fixed Asset Turnover | 0.49 | 0.29 | 1.26 | 2.00 | 1.46 |
| Asset Turnover | 0.17 | 0.12 | 0.13 | 0.14 | 0.08 |
| Working Capital Turnover Ratio | 0.42 | 0.29 | 0.27 | 0.26 | 0.21 |
| Cash Conversion Cycle | 259.15 | 382.84 | 217.37 | 187.50 | 328.82 |
| Days of Sales Outstanding | 122.33 | 158.20 | 59.47 | 44.49 | 124.07 |
| Days of Inventory Outstanding | 170.46 | 280.32 | 230.17 | 207.31 | 287.27 |
| Days of Payables Outstanding | 33.64 | 55.68 | 72.27 | 64.30 | 82.52 |
| Operating Cycle | 292.79 | 438.53 | 289.64 | 251.80 | 411.34 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -4.87 | -0.63 | -0.34 | -0.30 | -0.22 |
| Free Cash Flow Per Share | -5.74 | -0.87 | -0.57 | -0.42 | -0.44 |
| Dividend Paid and CapEx Coverage Ratio | -4.87 | -2.44 | -1.47 | -2.25 | -0.92 |
| Capital Expenditure Coverage Ratio | -5.56 | -2.57 | -1.52 | -2.40 | -0.96 |
| Operating Cash Flow Coverage Ratio | -0.87 | -0.98 | -1.01 | -1.08 | -0.72 |
| Operating Cash Flow to Sales Ratio | -0.79 | -1.36 | -1.14 | -0.86 | -1.01 |
| Free Cash Flow Yield | -64.16% | -8.45% | -1.75% | -0.45% | -0.15% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -1.21 | -19.95 | -123.91 | -238.23 | -918.24 |
| Price-to-Sales (P/S) Ratio | 1.46 | 22.41 | 108.02 | 268.81 | 1333.12 |
| Price-to-Book (P/B) Ratio | 0.32 | 3.51 | 17.96 | 47.13 | 132.09 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -1.56 | -11.83 | -57.30 | -220.85 | -645.69 |
| Price-to-Operating Cash Flow Ratio | -1.84 | -16.44 | -95.04 | -312.71 | -1316.98 |
| Price-to-Earnings Growth (PEG) Ratio | 0.23 | -0.19 | 3.72 | -9.23 | 35.06 |
| Enterprise Value Multiple | -0.69 | -22.74 | -176.59 | -292.40 | -1252.66 |
| Enterprise Value | 96.26M | 2.52B | 13.22B | 34.72B | 92.43B |
| EV to EBITDA | -0.69 | -22.74 | -176.59 | -292.40 | -1252.66 |
| EV to Sales | 0.61 | 22.49 | 107.12 | 266.10 | 1328.32 |
| EV to Free Cash Flow | -0.65 | -11.87 | -56.83 | -218.63 | -643.37 |
| EV to Operating Cash Flow | -0.77 | -16.49 | -94.25 | -309.55 | -1312.23 |
| Tangible Book Value Per Share | 28.25 | 2.91 | 1.82 | 1.96 | 2.10 |
| Shareholders’ Equity Per Share | 28.05 | 2.94 | 1.82 | 1.99 | 2.16 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.00 | -0.00 | -0.01 | -0.01 | -0.00 |
| Revenue Per Share | 6.14 | 0.46 | 0.30 | 0.35 | 0.21 |
| Net Income Per Share | -7.30 | -0.52 | -0.26 | -0.39 | -0.31 |
| Tax Burden | 0.98 | 0.80 | 1.00 | 1.01 | 1.00 |
| Interest Burden | 1.06 | 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 | 0.38 | 0.58 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.07 | 0.10 | 0.10 | 0.05 | 0.06 |
| Income Quality | 0.65 | 0.98 | 1.30 | 0.76 | 0.70 |
Currency in USD
