FCELFuelCell Energy, Inc.

$18.04+116% 1Y

Is it safe?

Flag

Elevated bankruptcy risk: a balance sheet under strain, heavy debt (BB), and big price swings. Everything else is secondary until this clears.

1 good, 1 flagged, 2 to watch, 1 neutral, 1 without data
SurvivalDistress zone

Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Quality4 / 9

Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Insider conviction+$696K

Insiders were net buyers (+$696K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.

Credit gradeBBderived · Jul 31, 2026

Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.

Drawdown risk118% volderived · Oct 9, 2026

Large price swings, high volatility. Worst drawdown -100% · now 32% below its 52-week high.

Unless marked, from SEC EDGAR, as of Oct 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybottom 2% of the market
Max drawdownbottom 1% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can FCEL take a bad year?

FuelCell Energy, Inc. holds $505M more cash than debt, and is burning $25M a quarter, about 6.5 years of cover.

$505M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
0.29

Altman Z-score · distress zone, below 1.8

Cash runway
5+ years

Cash runway · burning $25M a quarter at the current rate

Details›
Total debtQ3 2026
$154M
Cash and short-term investments
$658M
Net cash
$505M
EBITDA, trailing twelve months
−$139M
Operating profit, trailing twelve months
−$179M
Debt / equity
0.16×
Annualised volatilitytwo years of daily moves
118%
Worst drawdown on file
−100%
Below its 52-week high
32%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

On our screens:Most shorted stocks