FuelCell Energy Inc (FCEL) — Financial Flexibility Index

Latest as of April 2026: -0.10x

FuelCell Energy Inc (FCEL) has a Financial Flexibility Index of -0.10x as of April 2026. Free cash flow of $-26.79 Million (operating CF $-27.30 Million minus capex $504.00K) represents 0% of total liabilities ($274.87 Million). Check FuelCell Energy Inc (FCEL) strategic asset index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-26.79 Million
Operating CF − Capex

Total Liabilities

$274.87 Million
USD

Capital Expenditures

$504.00K
USD

FuelCell Energy Inc Financial Flexibility Index (1992–2025)

Historical Financial Flexibility Index trend for FuelCell Energy Inc across 34 annual periods. See FuelCell Energy Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for FuelCell Energy Inc (1992–2025)

Year-by-year free cash flow to debt coverage for FuelCell Energy Inc. For the full company profile including market capitalisation, see market cap of FuelCell Energy Inc.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.51x $-102.75 Million $-125.29 Million $201.00 Million ▼ -18.6%
2024 -0.43x $-93.35 Million $-152.91 Million $216.66 Million ▼ -75.6%
2023 -0.25x $-47.89 Million $-140.25 Million $195.22 Million ▲ +30.6%
2022 -0.35x $-65.52 Million $-112.17 Million $185.33 Million ▼ -2251.5%
2021 0.02x $2.79 Million $-70.44 Million $169.92 Million ▲ +190.8%
2020 -0.02x $-4.87 Million $-36.78 Million $269.13 Million ▼ -210.1%
2019 0.02x $3.25 Million $-30.57 Million $197.85 Million ▼ -96.0%
2018 0.41x $67.58 Million $16.32 Million $163.50 Million ▲ +302.7%
2017 -0.20x $-39.77 Million $-71.84 Million $194.97 Million ▲ +11.9%
2016 -0.23x $-38.87 Million $-46.59 Million $167.88 Million ▲ +24.0%
2015 -0.30x $-37.34 Million $-44.27 Million $122.62 Million ▲ +27.2%
2014 -0.42x $-51.17 Million $-57.47 Million $122.33 Million ▼ -690.4%
2013 -0.05x $-10.11 Million $-16.66 Million $190.97 Million ▲ +88.5%
2012 -0.46x $-54.21 Million $-58.66 Million $117.50 Million ▼ -1678.9%
2011 -0.03x $-5.13 Million $-8.48 Million $198.00 Million ▲ +88.6%
2010 -0.23x $-32.51 Million $-34.99 Million $142.84 Million ▲ +57.7%
2009 -0.54x $-62.62 Million $-65.20 Million $116.37 Million ▼ -24.6%
2008 -0.43x $-54.04 Million $-61.41 Million $125.11 Million ▲ +10.1%
2007 -0.48x $-51.56 Million $-55.97 Million $107.28 Million ▼ -23.2%
2006 -0.39x $-37.12 Million $-48.41 Million $95.19 Million ▼ -14.5%
2005 -0.34x $-41.90 Million $-55.97 Million $123.04 Million ▲ +85.7%
2004 -2.38x $-56.13 Million $-64.05 Million $23.55 Million ▲ +16.5%
2003 -2.86x $-52.20 Million $-58.84 Million $18.28 Million ▼ -30.2%
2002 -2.19x $-39.72 Million $-55.09 Million $18.10 Million ▼ -1271.7%
2001 0.19x $2.68 Million $-16.41 Million $14.30 Million ▼ -68.2%
2000 0.59x $4.47 Million $320.00K $7.59 Million ▲ +117.8%
1999 0.27x $1.30 Million $100.00K $4.80 Million ▼ -50.3%
1998 0.55x $4.20 Million $2.50 Million $7.70 Million ▼ -28.0%
1997 0.76x $5.00 Million $2.20 Million $6.60 Million ▲ +115.8%
1996 0.35x $3.30 Million $1.40 Million $9.40 Million ▼ -51.5%
1995 0.72x $8.40 Million $6.90 Million $11.60 Million ▲ +255.5%
1994 0.20x $2.20 Million $900.00K $10.80 Million ▼ -51.4%
1993 0.42x $3.90 Million $3.20 Million $9.30 Million ▲ +263.4%
1992 0.12x $1.20 Million $-200.00K $10.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities