FuelCell Energy Inc Net Asset Quality Index
FuelCell Energy Inc net asset quality index. FuelCell Energy Inc (FCEL) has a Net Asset Quality Index of 72.6% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.00 Billion minus total liabilities of $274.87 Million yields net assets of $729.51 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check FuelCell Energy Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of FuelCell Energy Inc (1992–2025)
Net asset quality index of FuelCell Energy Inc from 1992 to 2025. This chart shows how FuelCell Energy Inc's Net Asset Quality Index has evolved across 34 annual periods from 1992 to 2025. As of April 2026, the index stands at 72.6%, representing net assets of $729.51 Million against total assets of $1.00 Billion USD. See FuelCell Energy Inc (FCEL) shareholders funds for net asset value and shareholders' equity analysis.
FuelCell Energy Inc Net Asset Quality Index by Year (1992–2025)
FuelCell Energy Inc net asset quality index by year from 1992 to 2025. The table below presents the year-by-year Net Asset Quality Index for FuelCell Energy Inc from 1992 to 2025, covering 34 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of FuelCell Energy Inc.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 78.4% | $731.14 Million | $932.15 Million | $201.00 Million | ▲ +1.4 pp |
| 2024 | 77.1% | $727.47 Million | $944.12 Million | $216.66 Million | ▼ -2.5 pp |
| 2023 | 79.6% | $760.30 Million | $955.52 Million | $195.22 Million | ▼ -0.7 pp |
| 2022 | 80.3% | $754.38 Million | $939.72 Million | $185.33 Million | ▼ -0.3 pp |
| 2021 | 80.6% | $705.33 Million | $875.25 Million | $169.92 Million | ▲ +32.0 pp |
| 2020 | 48.6% | $254.41 Million | $523.54 Million | $269.13 Million | ▲ +7.9 pp |
| 2019 | 40.7% | $135.59 Million | $333.45 Million | $197.85 Million | ▼ -11.3 pp |
| 2018 | 52.0% | $176.92 Million | $340.42 Million | $163.50 Million | ▲ +2.8 pp |
| 2017 | 49.2% | $188.81 Million | $383.79 Million | $194.97 Million | ▼ -1.7 pp |
| 2016 | 50.9% | $174.25 Million | $342.14 Million | $167.88 Million | ▼ -4.8 pp |
| 2015 | 55.8% | $154.61 Million | $277.23 Million | $122.62 Million | ▼ -0.6 pp |
| 2014 | 56.4% | $158.31 Million | $280.64 Million | $122.33 Million | ▲ +36.8 pp |
| 2013 | 19.6% | $46.66 Million | $237.64 Million | $190.97 Million | ▼ -19.0 pp |
| 2012 | 38.6% | $73.98 Million | $191.49 Million | $117.50 Million | ▲ +46.5 pp |
| 2011 | -7.8% | $-14.38 Million | $183.63 Million | $198.00 Million | ▼ -12.9 pp |
| 2010 | 5.1% | $7.69 Million | $150.53 Million | $142.84 Million | ▼ -23.4 pp |
| 2009 | 28.5% | $46.32 Million | $162.69 Million | $116.37 Million | ▼ -4.1 pp |
| 2008 | 32.5% | $60.37 Million | $185.48 Million | $125.11 Million | ▼ -25.1 pp |
| 2007 | 57.6% | $145.91 Million | $253.19 Million | $107.28 Million | ▲ +3.7 pp |
| 2006 | 53.9% | $111.46 Million | $206.65 Million | $95.19 Million | ▲ +0.3 pp |
| 2005 | 53.7% | $142.48 Million | $265.52 Million | $123.04 Million | ▼ -36.4 pp |
| 2004 | 90.0% | $212.96 Million | $236.51 Million | $23.55 Million | ▼ -1.8 pp |
| 2003 | 91.8% | $205.09 Million | $223.36 Million | $18.28 Million | ▼ -1.9 pp |
| 2002 | 93.8% | $271.70 Million | $289.80 Million | $18.10 Million | ▼ -2.0 pp |
| 2001 | 95.7% | $319.72 Million | $334.02 Million | $14.30 Million | ▲ +4.1 pp |
| 2000 | 91.7% | $83.44 Million | $91.03 Million | $7.59 Million | ▲ +15.9 pp |
| 1999 | 75.8% | $15.00 Million | $19.80 Million | $4.80 Million | ▲ +4.5 pp |
| 1998 | 71.3% | $19.10 Million | $26.80 Million | $7.70 Million | ▲ +2.1 pp |
| 1997 | 69.2% | $14.80 Million | $21.40 Million | $6.60 Million | ▲ +9.2 pp |
| 1996 | 60.0% | $14.10 Million | $23.50 Million | $9.40 Million | ▲ +8.7 pp |
| 1995 | 51.3% | $12.20 Million | $23.80 Million | $11.60 Million | ▼ -0.7 pp |
| 1994 | 52.0% | $11.70 Million | $22.50 Million | $10.80 Million | ▼ -3.1 pp |
| 1993 | 55.1% | $11.40 Million | $20.70 Million | $9.30 Million | ▲ +3.4 pp |
| 1992 | 51.6% | $11.10 Million | $21.50 Million | $10.40 Million | — |