FuelCell Current Ratio vs Net Income Analysis

FCEL Stock  USD 1.00  0.02  1.96%   
FuelCell Energy financial indicator trend analysis is much more than just examining FuelCell Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FuelCell Energy is a good investment. Please check the relationship between FuelCell Energy Current Ratio and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy FuelCell Stock please use our How to buy in FuelCell Stock guide.

Current Ratio vs Net Income

Current Ratio vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FuelCell Energy Current Ratio account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FuelCell Energy's Current Ratio and Net Income is -0.69. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Net Income in the same time period over historical financial statements of FuelCell Energy, assuming nothing else is changed. The correlation between historical values of FuelCell Energy's Current Ratio and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of FuelCell Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Current Ratio i.e., FuelCell Energy's Current Ratio and Net Income go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in FuelCell Energy financial statement analysis. It represents the amount of money remaining after all of FuelCell Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from FuelCell Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FuelCell Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy FuelCell Stock please use our How to buy in FuelCell Stock guide.At this time, FuelCell Energy's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 701.6 K this year, although Enterprise Value Over EBITDA will most likely fall to (2.84).
 2021 2022 2023 2024 (projected)
Total Revenue130.5M123.4M141.9M77.3M
Interest Expense6.4M7.2M8.3M4.5M

FuelCell Energy fundamental ratios Correlations

0.760.730.070.990.92-0.62-0.850.530.870.960.960.95-0.310.970.590.820.740.990.580.940.960.240.960.890.74
0.760.50.040.690.79-0.1-0.770.390.510.870.870.6-0.40.750.910.620.510.780.810.730.60.620.870.640.84
0.730.50.520.670.72-0.4-0.70.610.580.640.610.670.130.660.480.890.830.760.670.670.750.090.610.640.41
0.070.040.52-0.010.05-0.06-0.380.580.06-0.02-0.040.030.63-0.050.160.450.360.140.5-0.090.150.33-0.040.10.06
0.990.690.67-0.010.9-0.68-0.790.490.890.930.930.97-0.330.970.480.780.710.960.460.930.970.150.930.870.69
0.920.790.720.050.9-0.31-0.780.580.630.960.950.79-0.280.90.610.810.760.940.60.930.810.280.950.80.65
-0.62-0.1-0.4-0.06-0.68-0.310.45-0.19-0.9-0.39-0.41-0.810.16-0.610.0-0.42-0.35-0.55-0.03-0.49-0.780.21-0.41-0.6-0.29
-0.85-0.77-0.7-0.38-0.79-0.780.45-0.57-0.71-0.83-0.83-0.750.13-0.76-0.73-0.86-0.72-0.9-0.78-0.69-0.8-0.47-0.83-0.76-0.8
0.530.390.610.580.490.58-0.19-0.570.340.490.470.410.420.370.230.780.60.560.470.360.520.450.470.390.34
0.870.510.580.060.890.63-0.9-0.710.340.730.740.97-0.310.860.380.640.550.820.370.760.950.060.740.810.6
0.960.870.64-0.020.930.96-0.39-0.830.490.731.00.84-0.410.940.70.760.670.960.640.930.840.381.00.830.78
0.960.870.61-0.040.930.95-0.41-0.830.470.741.00.85-0.440.950.70.740.640.950.630.930.840.381.00.830.79
0.950.60.670.030.970.79-0.81-0.750.410.970.840.85-0.330.950.440.720.650.910.420.890.980.050.850.880.63
-0.31-0.40.130.63-0.33-0.280.160.130.42-0.31-0.41-0.44-0.33-0.43-0.320.120.12-0.26-0.03-0.41-0.180.04-0.44-0.32-0.34
0.970.750.66-0.050.970.9-0.61-0.760.370.860.940.950.95-0.430.570.690.640.940.510.980.920.160.950.910.71
0.590.910.480.160.480.610.0-0.730.230.380.70.70.44-0.320.570.530.390.650.920.550.450.610.70.550.74
0.820.620.890.450.780.81-0.42-0.860.780.640.760.740.720.120.690.530.880.870.670.670.820.30.740.650.61
0.740.510.830.360.710.76-0.35-0.720.60.550.670.640.650.120.640.390.880.780.530.650.740.030.640.590.52
0.990.780.760.140.960.94-0.55-0.90.560.820.960.950.91-0.260.940.650.870.780.660.910.930.290.950.880.77
0.580.810.670.50.460.6-0.03-0.780.470.370.640.630.42-0.030.510.920.670.530.660.480.480.640.630.550.67
0.940.730.67-0.090.930.93-0.49-0.690.360.760.930.930.89-0.410.980.550.670.650.910.480.870.110.930.870.62
0.960.60.750.150.970.81-0.78-0.80.520.950.840.840.98-0.180.920.450.820.740.930.480.870.090.840.870.63
0.240.620.090.330.150.280.21-0.470.450.060.380.380.050.040.160.610.30.030.290.640.110.090.380.090.53
0.960.870.61-0.040.930.95-0.41-0.830.470.741.01.00.85-0.440.950.70.740.640.950.630.930.840.380.830.79
0.890.640.640.10.870.8-0.6-0.760.390.810.830.830.88-0.320.910.550.650.590.880.550.870.870.090.830.68
0.740.840.410.060.690.65-0.29-0.80.340.60.780.790.63-0.340.710.740.610.520.770.670.620.630.530.790.68
Click cells to compare fundamentals

FuelCell Energy Account Relationship Matchups

FuelCell Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.5M875.2M939.7M955.5M1.1B1.2B
Short Long Term Debt Total182.8M97.8M104.3M139.2M160.1M168.1M
Other Current Liab16.6M16.1M27.4M26.3M30.3M31.8M
Total Current Liabilities58.9M52.8M85.8M65.9M75.8M45.9M
Total Stockholder Equity254.4M702.3M744.2M742.4M853.7M896.4M
Property Plant And Equipment Net46.4M47.5M65.3M98.0M112.7M118.4M
Net Debt32.9M(334.4M)(353.8M)(110.7M)(99.6M)(94.7M)
Retained Earnings(1.2B)(1.3B)(1.4B)(1.5B)(1.4B)(1.3B)
Accounts Payable9.6M19.3M28.2M26.5M30.5M32.0M
Cash149.9M432.2M458.1M250.0M287.4M301.8M
Non Current Assets Total289.6M331.9M359.4M479.2M551.1M578.6M
Non Currrent Assets Other219.1M261.6M272.7M361.0M415.2M436.0M
Cash And Short Term Investments149.9M432.2M458.1M353.7M406.8M427.1M
Net Receivables17.6M23.7M15.9M20.1M23.1M19.8M
Common Stock Shares Outstanding222.0M334.7M383.1M419.7M482.7M506.8M
Liabilities And Stockholders Equity523.5M875.2M939.7M955.5M1.1B1.2B
Non Current Liabilities Total210.2M117.2M99.5M129.3M148.7M156.1M
Inventory51.0M67.1M90.9M84.5M97.1M102.0M
Other Current Assets6.3M9.2M11.0M12.9M14.8M15.6M
Other Stockholder Equity1.4B1.9B2.1B2.2B2.5B2.7B
Total Liab269.1M169.9M185.3M195.2M224.5M235.7M
Property Plant And Equipment Gross46.4M47.5M65.3M98.0M112.7M118.4M
Total Current Assets234.0M543.4M580.3M476.3M547.8M575.1M
Accumulated Other Comprehensive Income(739K)(819K)(1.8M)(1.7M)(1.9M)(2.0M)
Short Term Debt22.3M11.1M13.8M10.7M12.3M12.9M
Other Assets219.1M261.6M272.7M361.0M415.2M436.0M
Intangible Assets20.0M18.7M17.4M16.1M18.5M19.4M
Property Plant Equipment36.3M39.4M58.1M98.0M112.7M118.4M
Current Deferred Revenue10.4M6.3M16.3M2.4M2.8M2.6M
Long Term Debt150.7M78.6M82.9M119.6M137.5M144.4M
Other Liab31.5M30.4M9.1M10.9M12.6M17.0M
Treasury Stock(363K)(466K)(432K)(586K)(527.4K)(501.0K)
Net Tangible Assets230.4M682.6M725.8M662.3M761.7M799.8M
Retained Earnings Total Equity(1.1B)(1.2B)(1.3B)(1.4B)(1.3B)(1.3B)

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When determining whether FuelCell Energy is a strong investment it is important to analyze FuelCell Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FuelCell Energy's future performance. For an informed investment choice regarding FuelCell Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy FuelCell Stock please use our How to buy in FuelCell Stock guide.
Note that the FuelCell Energy information on this page should be used as a complementary analysis to other FuelCell Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running FuelCell Energy's price analysis, check to measure FuelCell Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to predict the probability of FuelCell Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.
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Is FuelCell Energy's industry 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 FuelCell Energy. If investors know FuelCell 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 FuelCell Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.26)
Revenue Per Share
0.239
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.11)
Return On Equity
(0.18)
The market value of FuelCell Energy is measured differently than its book value, which is the value of FuelCell that is recorded on the company's balance sheet. Investors also form their own opinion of FuelCell Energy's value that differs from its market value or its book value, called intrinsic value, which is FuelCell Energy's 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 FuelCell Energy's market value can be influenced by many factors that don't directly affect FuelCell Energy's 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 FuelCell Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FuelCell Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FuelCell Energy's 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.