FCELFuelCell Energy, Inc.

$19.09

Is it safe?

Can FCEL take a bad year?

FuelCell Energy, Inc. holds $239M more cash than debt, and is burning $30M a quarter, about 3.1 years of cover.

$239M

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
3.1 years

Cash runway · burning $30M a quarter at the current rate

Details
Total debtQ2 2026
$134M
Cash and short-term investments
$373M
Net cash
$239M
EBITDA, trailing twelve months
−$187M
Operating profit, trailing twelve months
−$228M
Debt / equity
0.19×
Annualised volatilitytwo years of daily moves
117%
Worst drawdown on file
−100%
Below its 52-week high
−28%

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