FuelCell Other Assets vs Total Current 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 Other Assets and its Total Current 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.

Other Assets vs Total Current Assets

Other Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FuelCell Energy Other Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between FuelCell Energy's Other Assets and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current 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 Other Assets and Total Current 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 Other Assets of FuelCell Energy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Assets i.e., FuelCell Energy's Other Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Revenue130.5M123.4M111.1M93.3M
Depreciation And Amortization21.3M25.4M29.2M30.6M

FuelCell Energy fundamental ratios Correlations

-0.02-0.430.990.92-0.63-0.950.370.780.950.960.950.96-0.420.980.510.780.080.890.50.840.910.48-0.640.460.63
-0.020.130.02-0.03-0.150.03-0.160.04-0.09-0.08-0.060.010.11-0.01-0.320.160.310.07-0.330.11-0.02-0.330.110.01-0.09
-0.430.13-0.42-0.420.080.470.31-0.26-0.52-0.52-0.46-0.350.55-0.42-0.53-0.20.06-0.41-0.26-0.23-0.29-0.470.3-0.58-0.5
0.990.02-0.420.9-0.69-0.930.360.80.930.930.930.97-0.40.970.420.780.060.890.410.870.890.39-0.620.420.59
0.92-0.03-0.420.9-0.31-0.880.410.490.960.920.920.78-0.40.90.50.720.190.780.510.630.850.52-0.760.450.51
-0.63-0.150.08-0.69-0.310.53-0.14-0.92-0.39-0.46-0.46-0.820.23-0.620.03-0.530.1-0.620.06-0.85-0.560.090.11-0.02-0.32
-0.950.030.47-0.93-0.880.53-0.32-0.74-0.96-0.97-0.94-0.880.53-0.94-0.65-0.73-0.05-0.89-0.61-0.78-0.86-0.610.48-0.61-0.75
0.37-0.160.310.360.41-0.14-0.320.220.350.330.30.280.360.250.110.650.170.360.240.370.160.04-0.190.28-0.07
0.780.04-0.260.80.49-0.92-0.740.220.620.680.660.91-0.390.770.350.68-0.020.840.310.950.690.27-0.140.310.58
0.95-0.09-0.520.930.96-0.39-0.960.350.620.990.970.84-0.50.940.650.710.060.850.630.690.880.64-0.670.590.7
0.96-0.08-0.520.930.92-0.46-0.970.330.680.990.960.87-0.50.950.670.710.040.870.640.740.880.62-0.620.610.75
0.95-0.06-0.460.930.92-0.46-0.940.30.660.970.960.86-0.480.960.610.720.020.850.620.730.910.61-0.650.510.75
0.960.01-0.350.970.78-0.82-0.880.280.910.840.870.86-0.410.950.390.740.030.870.380.920.880.34-0.510.330.59
-0.420.110.55-0.4-0.40.230.530.36-0.39-0.5-0.5-0.48-0.41-0.49-0.46-0.160.29-0.48-0.38-0.3-0.58-0.620.15-0.28-0.66
0.98-0.01-0.420.970.9-0.62-0.940.250.770.940.950.960.95-0.490.520.70.070.880.530.830.950.52-0.630.390.69
0.51-0.32-0.530.420.50.03-0.650.110.350.650.670.610.39-0.460.520.380.130.560.940.340.460.9-0.180.750.74
0.780.16-0.20.780.72-0.53-0.730.650.680.710.710.720.74-0.160.70.380.350.830.380.820.560.29-0.330.530.36
0.080.310.060.060.190.1-0.050.17-0.020.060.040.020.030.290.070.130.350.160.140.17-0.04-0.020.00.04-0.26
0.890.07-0.410.890.78-0.62-0.890.360.840.850.870.850.87-0.480.880.560.830.160.520.920.80.54-0.290.510.7
0.5-0.33-0.260.410.510.06-0.610.240.310.630.640.620.38-0.380.530.940.380.140.520.330.530.9-0.250.60.69
0.840.11-0.230.870.63-0.85-0.780.370.950.690.740.730.92-0.30.830.340.820.170.920.330.730.27-0.220.310.52
0.91-0.02-0.290.890.85-0.56-0.860.160.690.880.880.910.88-0.580.950.460.56-0.040.80.530.730.54-0.630.220.68
0.48-0.33-0.470.390.520.09-0.610.040.270.640.620.610.34-0.620.520.90.29-0.020.540.90.270.54-0.210.620.72
-0.640.110.3-0.62-0.760.110.48-0.19-0.14-0.67-0.62-0.65-0.510.15-0.63-0.18-0.330.0-0.29-0.25-0.22-0.63-0.21-0.13-0.22
0.460.01-0.580.420.45-0.02-0.610.280.310.590.610.510.33-0.280.390.750.530.040.510.60.310.220.62-0.130.55
0.63-0.09-0.50.590.51-0.32-0.75-0.070.580.70.750.750.59-0.660.690.740.36-0.260.70.690.520.680.72-0.220.55
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FuelCell Energy Account Relationship Matchups

FuelCell Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.5M875.2M939.7M955.5M1.1B1.2B
Other Current Liab15.7M22.4M27.4M28.7M25.8M18.9M
Total Current Liabilities58.9M52.8M85.8M65.9M59.3M58.5M
Total Stockholder Equity254.4M702.3M744.2M742.3M853.7M896.4M
Property Plant And Equipment Net46.4M47.5M65.3M98.0M112.7M118.4M
Net Debt36.2M(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 Payable9.6M19.3M28.2M26.5M30.5M23.8M
Cash159.1M443.5M462.5M250.0M287.4M163.0M
Non Current Assets Total289.6M331.9M359.4M479.2M551.1M578.6M
Non Currrent Assets Other177.3M233.3M244.4M290.8M334.4M351.1M
Other Assets219.1M261.6M272.7M361.0M415.2M436.0M
Cash And Short Term Investments159.1M443.5M462.5M353.7M406.8M427.1M
Net Receivables17.6M23.7M15.9M20.1M18.1M27.0M
Common Stock Shares Outstanding222.0M334.7M383.1M419.7M482.7M506.8M
Non Current Liabilities Total210.2M117.2M99.5M129.3M148.7M110.0M
Inventory52.9M71.1M90.9M84.5M97.1M72.2M
Other Current Assets13.6M5.2M11.0M18.0M16.2M9.7M
Other Stockholder Equity1.4B1.9B2.1B2.2B2.5B1.4B
Total Liab269.1M169.9M185.3M195.2M224.5M191.9M
Total Current Assets234.0M543.4M580.3M476.3M547.8M293.8M
Common Stock29K37K41K45K51.8K54.3K
Short Long Term Debt Total195.3M96.8M90.6M129.1M148.4M105.7M
Liabilities And Stockholders Equity523.5M875.2M939.7M955.5M1.1B1.2B
Accumulated Other Comprehensive Income(307K)(233.0K)(897K)(594K)(534.6K)(507.9K)
Short Term Debt23.2M11.1M13.8M10.7M12.3M7.0M
Intangible Assets20.0M18.7M17.4M16.1M18.5M15.1M
Current Deferred Revenue10.4M6.3M16.3M2.4M2.2M2.1M
Other Liab31.5M30.4M9.1M10.9M9.8M17.8M
Net Tangible Assets170.5M619.7M662.9M662.3M761.7M799.8M
Long Term Debt86.6M106.4M162.3M77.6M89.3M112.4M
Capital Surpluse1.1B1.2B1.4B1.9B2.2B1.4B
Treasury Stock(363K)(466K)(432K)(586K)(527.4K)(553.8K)
Property Plant Equipment46.4M47.5M65.3M98.0M112.7M61.3M

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