FuelCell Net Debt vs Other Assets Analysis

0A60 Stock

10.03 0.60 5.64%

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 Net Debt and its Other Assets accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy FuelCell Stock please use our How to Invest in FuelCell Energy guide.

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FuelCell Energy Net Debt account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between FuelCell Energy's Net Debt and Other Assets is -0.46. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Assets 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 Net Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of FuelCell Energy are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Debt i.e., FuelCell Energy's Net Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Assets

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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy FuelCell Stock please use our How to Invest in FuelCell Energy guide.Tax Provision is likely to gain to 2,415 in 2024, whereas Selling General Administrative is likely to drop slightly above 29.9 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	130.5M	123.4M	111.1M	93.3M
Depreciation And Amortization	21.3M	25.4M	29.2M	30.6M

Total Revenue Depreciation And Amortization

FuelCell Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Good Will	Short Term Debt	Intangible Assets
Total Assets		-0.02	-0.43	0.99	0.92	-0.63	-0.95	0.37	0.78	0.95	0.96	0.95	0.96	-0.42	0.98	0.51	0.78	0.08	0.89	0.5	0.84	0.91	0.48	-0.64	0.46	0.63
Other Current Liab	-0.02		0.13	0.02	-0.03	-0.15	0.03	-0.16	0.04	-0.09	-0.08	-0.06	0.01	0.11	-0.01	-0.32	0.16	0.31	0.07	-0.33	0.11	-0.02	-0.33	0.11	0.01	-0.09
Total Current Liabilities	-0.43	0.13		-0.42	-0.42	0.08	0.47	0.31	-0.26	-0.52	-0.52	-0.46	-0.35	0.55	-0.42	-0.53	-0.2	0.06	-0.41	-0.26	-0.23	-0.29	-0.47	0.3	-0.58	-0.5
Total Stockholder Equity	0.99	0.02	-0.42		0.9	-0.69	-0.93	0.36	0.8	0.93	0.93	0.93	0.97	-0.4	0.97	0.42	0.78	0.06	0.89	0.41	0.87	0.89	0.39	-0.62	0.42	0.59
Property Plant And Equipment Net	0.92	-0.03	-0.42	0.9		-0.31	-0.88	0.41	0.49	0.96	0.92	0.92	0.78	-0.4	0.9	0.5	0.72	0.19	0.78	0.51	0.63	0.85	0.52	-0.76	0.45	0.51
Net Debt	-0.63	-0.15	0.08	-0.69	-0.31		0.53	-0.14	-0.92	-0.39	-0.46	-0.46	-0.82	0.23	-0.62	0.03	-0.53	0.1	-0.62	0.06	-0.85	-0.56	0.09	0.11	-0.02	-0.32
Retained Earnings	-0.95	0.03	0.47	-0.93	-0.88	0.53		-0.32	-0.74	-0.96	-0.97	-0.94	-0.88	0.53	-0.94	-0.65	-0.73	-0.05	-0.89	-0.61	-0.78	-0.86	-0.61	0.48	-0.61	-0.75
Accounts Payable	0.37	-0.16	0.31	0.36	0.41	-0.14	-0.32		0.22	0.35	0.33	0.3	0.28	0.36	0.25	0.11	0.65	0.17	0.36	0.24	0.37	0.16	0.04	-0.19	0.28	-0.07
Cash	0.78	0.04	-0.26	0.8	0.49	-0.92	-0.74	0.22		0.62	0.68	0.66	0.91	-0.39	0.77	0.35	0.68	-0.02	0.84	0.31	0.95	0.69	0.27	-0.14	0.31	0.58
Non Current Assets Total	0.95	-0.09	-0.52	0.93	0.96	-0.39	-0.96	0.35	0.62		0.99	0.97	0.84	-0.5	0.94	0.65	0.71	0.06	0.85	0.63	0.69	0.88	0.64	-0.67	0.59	0.7
Non Currrent Assets Other	0.96	-0.08	-0.52	0.93	0.92	-0.46	-0.97	0.33	0.68	0.99		0.96	0.87	-0.5	0.95	0.67	0.71	0.04	0.87	0.64	0.74	0.88	0.62	-0.62	0.61	0.75
Other Assets	0.95	-0.06	-0.46	0.93	0.92	-0.46	-0.94	0.3	0.66	0.97	0.96		0.86	-0.48	0.96	0.61	0.72	0.02	0.85	0.62	0.73	0.91	0.61	-0.65	0.51	0.75
Cash And Short Term Investments	0.96	0.01	-0.35	0.97	0.78	-0.82	-0.88	0.28	0.91	0.84	0.87	0.86		-0.41	0.95	0.39	0.74	0.03	0.87	0.38	0.92	0.88	0.34	-0.51	0.33	0.59
Net Receivables	-0.42	0.11	0.55	-0.4	-0.4	0.23	0.53	0.36	-0.39	-0.5	-0.5	-0.48	-0.41		-0.49	-0.46	-0.16	0.29	-0.48	-0.38	-0.3	-0.58	-0.62	0.15	-0.28	-0.66
Common Stock Shares Outstanding	0.98	-0.01	-0.42	0.97	0.9	-0.62	-0.94	0.25	0.77	0.94	0.95	0.96	0.95	-0.49		0.52	0.7	0.07	0.88	0.53	0.83	0.95	0.52	-0.63	0.39	0.69
Non Current Liabilities Total	0.51	-0.32	-0.53	0.42	0.5	0.03	-0.65	0.11	0.35	0.65	0.67	0.61	0.39	-0.46	0.52		0.38	0.13	0.56	0.94	0.34	0.46	0.9	-0.18	0.75	0.74
Inventory	0.78	0.16	-0.2	0.78	0.72	-0.53	-0.73	0.65	0.68	0.71	0.71	0.72	0.74	-0.16	0.7	0.38		0.35	0.83	0.38	0.82	0.56	0.29	-0.33	0.53	0.36
Other Current Assets	0.08	0.31	0.06	0.06	0.19	0.1	-0.05	0.17	-0.02	0.06	0.04	0.02	0.03	0.29	0.07	0.13	0.35		0.16	0.14	0.17	-0.04	-0.02	0.0	0.04	-0.26
Other Stockholder Equity	0.89	0.07	-0.41	0.89	0.78	-0.62	-0.89	0.36	0.84	0.85	0.87	0.85	0.87	-0.48	0.88	0.56	0.83	0.16		0.52	0.92	0.8	0.54	-0.29	0.51	0.7
Total Liab	0.5	-0.33	-0.26	0.41	0.51	0.06	-0.61	0.24	0.31	0.63	0.64	0.62	0.38	-0.38	0.53	0.94	0.38	0.14	0.52		0.33	0.53	0.9	-0.25	0.6	0.69
Total Current Assets	0.84	0.11	-0.23	0.87	0.63	-0.85	-0.78	0.37	0.95	0.69	0.74	0.73	0.92	-0.3	0.83	0.34	0.82	0.17	0.92	0.33		0.73	0.27	-0.22	0.31	0.52
Common Stock	0.91	-0.02	-0.29	0.89	0.85	-0.56	-0.86	0.16	0.69	0.88	0.88	0.91	0.88	-0.58	0.95	0.46	0.56	-0.04	0.8	0.53	0.73		0.54	-0.63	0.22	0.68
Short Long Term Debt Total	0.48	-0.33	-0.47	0.39	0.52	0.09	-0.61	0.04	0.27	0.64	0.62	0.61	0.34	-0.62	0.52	0.9	0.29	-0.02	0.54	0.9	0.27	0.54		-0.21	0.62	0.72
Good Will	-0.64	0.11	0.3	-0.62	-0.76	0.11	0.48	-0.19	-0.14	-0.67	-0.62	-0.65	-0.51	0.15	-0.63	-0.18	-0.33	0.0	-0.29	-0.25	-0.22	-0.63	-0.21		-0.13	-0.22
Short Term Debt	0.46	0.01	-0.58	0.42	0.45	-0.02	-0.61	0.28	0.31	0.59	0.61	0.51	0.33	-0.28	0.39	0.75	0.53	0.04	0.51	0.6	0.31	0.22	0.62	-0.13		0.55
Intangible Assets	0.63	-0.09	-0.5	0.59	0.51	-0.32	-0.75	-0.07	0.58	0.7	0.75	0.75	0.59	-0.66	0.69	0.74	0.36	-0.26	0.7	0.69	0.52	0.68	0.72	-0.22	0.55

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FuelCell Energy Account Relationship Matchups

FuelCell Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	523.5M	875.2M	939.7M	955.5M	1.1B	1.2B
Other Current Liab	15.7M	22.4M	27.4M	28.7M	25.8M	18.9M
Total Current Liabilities	58.9M	52.8M	85.8M	65.9M	59.3M	58.5M
Total Stockholder Equity	254.4M	702.3M	744.2M	742.3M	853.7M	896.4M
Property Plant And Equipment Net	46.4M	47.5M	65.3M	98.0M	112.7M	118.4M
Net Debt	36.2M	(346.6M)	(371.9M)	(120.9M)	(108.8M)	(103.4M)
Retained Earnings	(1.2B)	(1.3B)	(1.4B)	(1.5B)	(1.4B)	(1.4B)
Accounts Payable	9.6M	19.3M	28.2M	26.5M	30.5M	23.8M
Cash	159.1M	443.5M	462.5M	250.0M	287.4M	163.0M
Non Current Assets Total	289.6M	331.9M	359.4M	479.2M	551.1M	578.6M
Non Currrent Assets Other	177.3M	233.3M	244.4M	290.8M	334.4M	351.1M
Other Assets	219.1M	261.6M	272.7M	361.0M	415.2M	436.0M
Cash And Short Term Investments	159.1M	443.5M	462.5M	353.7M	406.8M	427.1M
Net Receivables	17.6M	23.7M	15.9M	20.1M	18.1M	27.0M
Common Stock Shares Outstanding	222.0M	334.7M	383.1M	419.7M	482.7M	506.8M
Non Current Liabilities Total	210.2M	117.2M	99.5M	129.3M	148.7M	110.0M
Inventory	52.9M	71.1M	90.9M	84.5M	97.1M	72.2M
Other Current Assets	13.6M	5.2M	11.0M	18.0M	16.2M	9.7M
Other Stockholder Equity	1.4B	1.9B	2.1B	2.2B	2.5B	1.4B
Total Liab	269.1M	169.9M	185.3M	195.2M	224.5M	191.9M
Total Current Assets	234.0M	543.4M	580.3M	476.3M	547.8M	293.8M
Common Stock	29K	37K	41K	45K	51.8K	54.3K
Short Long Term Debt Total	195.3M	96.8M	90.6M	129.1M	148.4M	105.7M
Liabilities And Stockholders Equity	523.5M	875.2M	939.7M	955.5M	1.1B	1.2B
Accumulated Other Comprehensive Income	(307K)	(233.0K)	(897K)	(594K)	(534.6K)	(507.9K)
Short Term Debt	23.2M	11.1M	13.8M	10.7M	12.3M	7.0M
Intangible Assets	20.0M	18.7M	17.4M	16.1M	18.5M	15.1M
Current Deferred Revenue	10.4M	6.3M	16.3M	2.4M	2.2M	2.1M
Other Liab	31.5M	30.4M	9.1M	10.9M	9.8M	17.8M
Net Tangible Assets	170.5M	619.7M	662.9M	662.3M	761.7M	799.8M
Long Term Debt	86.6M	106.4M	162.3M	77.6M	89.3M	112.4M
Capital Surpluse	1.1B	1.2B	1.4B	1.9B	2.2B	1.4B
Treasury Stock	(363K)	(466K)	(432K)	(586K)	(527.4K)	(553.8K)
Property Plant Equipment	46.4M	47.5M	65.3M	98.0M	112.7M	61.3M

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FuelCell Net Debt vs Other Assets Analysis

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Assets

FuelCell Energy fundamental ratios Correlations

FuelCell Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FuelCell Energy fundamental ratios Accounts

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Additional Tools for FuelCell Stock Analysis

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Common Stock Shares Outstanding	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.97	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.97	Total Stockholder Equity
Other Assets	+ 0.97	Non Current Assets Total

Non Currrent Assets Other	- 0.97	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Other Assets	- 0.94	Retained Earnings
Retained Earnings	- 0.93	Total Stockholder Equity