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FuelCell Energy (FuelCell Energy) Equity-to-Asset

: 0.78 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FuelCell Energy's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $723.8 Mil. FuelCell Energy's Total Assets for the quarter that ended in Jan. 2024 was $923.2 Mil. Therefore, FuelCell Energy's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.78.

The historical rank and industry rank for FuelCell Energy's Equity-to-Asset or its related term are showing as below:

FCEL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.54   Max: 0.83
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of FuelCell Energy was 0.83. The lowest was 0.28. And the median was 0.54.

FCEL's Equity-to-Asset is ranked better than
83.76% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs FCEL: 0.78

FuelCell Energy Equity-to-Asset Historical Data

The historical data trend for FuelCell Energy's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FuelCell Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.49 0.80 0.79 0.78

FuelCell Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.81 0.80 0.78 0.78

Competitive Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FuelCell Energy Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, FuelCell Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Equity-to-Asset falls into.



FuelCell Energy Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

FuelCell Energy's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=742.35/955.52
=0.78

FuelCell Energy's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=723.791/923.18
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FuelCell Energy  (NAS:FCEL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


FuelCell Energy Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of FuelCell Energy's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


FuelCell Energy (FuelCell Energy) Business Description

Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
Executives
Jason Few director, officer: CEO 2201 COLQUITT STREET, HOUSTON TX 77098
Michael S. Bishop officer: EVP, TREASURER & CFO FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Anthony Leo officer: EVP & Chief Technology Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Michael Lisowski officer: EVP & Chief Operating Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Althann Natica Von director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Matthew F Hilzinger director
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Wilson Donna Sims director FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Betsy B Bingham director 3 GREAT PASTURE ROAD, DANBURY CT 06810
Cynthia L Hansen director 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Mark Feasel officer: EVP & Ch. Commercial Officer 3 GREAT PASTURE ROAD, DANBURY CT 06810
Joshua Dolger officer: Interim Gen Counsel & Corp Sec FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John Christopher Groobey director 38 TROLLHAVEN LANE, ANNAPOLIS MD 21401
Jennifer D Arasimowicz officer: EVP, Gen. Counsel, CAO, Secy FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John A Rolls director