Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fuel TechFTEK +1.02%64 Cash Ratio is 4.00 as of Jun. 2026, which is 2% above its 10-year median of 3.91. GuruFocus rates FTEK with a GF Score™ of 64/100 and a GF Value™ of $1.16 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,982 Industrial Products companies, Fuel Tech ranks better than 94.23% on this metric.
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Fuel Tech Cash Ratio Related Terms
Fuel Tech Cash Ratio Historical Data
* Premium members only.
The historical data trend for Fuel Tech's Cash Ratio 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.
For the Pollution & Treatment Controls subindustry, Fuel Tech's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Fuel Tech Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fuel Tech's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Fuel Tech's Cash Ratio falls into.
* 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.
Fuel Tech (FTEK) has a Cash Ratio of 4.00 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Fuel Tech and its competitors. This is near median its historical median of 3.91. Over the past decade, Fuel Tech's Cash Ratio has ranged from 0.25 to 11.14. According to the industry distribution chart, Fuel Tech ranks #172 out of 2982 companies in the Industrial Products industry, placing it in the top 5.8%.
Is Fuel Tech's Cash Ratio too high?
Fuel Tech's current Cash Ratio of 4.00 is near median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 11.14. The Industrial Products industry median Cash Ratio is 0.50. Fuel Tech's value of 4.00 is 700% above this industry median. Based on the distribution chart, Fuel Tech ranks #172 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fuel Tech has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuel Tech's Cash Ratio compare to SCWO and BCHT?
According to the Industrial Products industry distribution chart, Fuel Tech ranks #172 out of 2982 companies for Cash Ratio. This places Fuel Tech in the top 6% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.50. Fuel Tech's value of 4.00 is 700% above this benchmark. Historically, Fuel Tech's own Cash Ratio has ranged from 0.25 to 11.14 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 0.50, Fuel Tech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.50, based on 2,982 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fuel Tech's current Cash Ratio of 4.00 is 700% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Fuel Tech and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuel Tech's current Cash Ratio is 4.00, which is near median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuel Tech stock overvalued right now?
Based on GuruFocus' analysis, Fuel Tech (FTEK) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.16, compared to a current price of $1.48 — trading 27.6% above its estimated fair value. The current Cash Ratio is 4.00, which is near median its 10-year median of 3.91 and 700% above the Industrial Products industry median of 0.50. Fuel Tech's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Fuel Tech (FTEK), the current Cash Ratio is 4.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fuel Tech (FTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Fuel Tech stock appears to be overvalued.
The current stock price of $1.48 is trading 27.6% above its estimated GF Value™ of $1.16.
GuruFocus considers Fuel Tech to be Modestly Overvalued.
Key valuation signals for FTEK:
Cash Ratio: 4.00 (near median its 10-year median of 3.91)
GF Value™: $1.16 vs. price of $1.48 (27.6% above fair value)
Industry Position: 700% above the Industrial Products median (#172 of 2982)
No single metric tells the full story. See the FTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
64GF Score
Get the complete analysis for FTEK
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FTEK has been successfully added to your 
