FuelCell EnergyFCEL +22.20%60 Current Ratio is 8.59 as of Apr. 2026, which is 62% above its 10-year median of 5.31. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.92 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 3,081 Industrial Products companies, FuelCell Energy ranks better than 95.78% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. FuelCell Energy's current ratio for the quarter that ended in Apr. 2026 was 8.59.
FuelCell Energy has a current ratio of 8.59. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for FuelCell Energy's Current Ratio or its related term are showing as below:
FCEL'
s Current Ratio Range Over the Past 10 Years
Min: 0.94 Med: 5.31 Max: 13.36
Current: 8.59
During the past 13 years, FuelCell Energy's highest Current Ratio was 13.36. The lowest was 0.94. And the median was 5.31.
FCEL's Current Ratio is ranked better than 95.78% of 3081
companies
in the Industrial Products industry
Industry Median: 1.96
vs FCEL: 8.59
FuelCell Energy (NAS:FCEL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
FuelCell Energy Current Ratio Related Terms
FuelCell Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for FuelCell Energy's Current 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 Electrical Equipment & Parts subindustry, FuelCell Energy's Current Ratio, along with its competitors' market caps and Current 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.
FuelCell Energy Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FuelCell Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where FuelCell Energy's Current 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.
FuelCell Energy (FCEL) has a Current Ratio of 8.59 as of Apr. 2026. This is 62% above median its historical median of 5.31. Over the past decade, FuelCell Energy's Current Ratio has ranged from 0.94 to 13.36. According to the industry distribution chart, FuelCell Energy ranks #130 out of 3081 companies in the Industrial Products industry, placing it in the top 4.2%.
Is FuelCell Energy's Current Ratio too high?
FuelCell Energy's current Current Ratio of 8.59 is 62% above median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 13.36. The Industrial Products industry median Current Ratio is 1.96. FuelCell Energy's value of 8.59 is 338.3% above this industry median. Based on the distribution chart, FuelCell Energy ranks #130 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Current Ratio compare to ENR and ADSE?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #130 out of 3081 companies for Current Ratio. This places FuelCell Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. FuelCell Energy's value of 8.59 is 338.3% above this benchmark. Historically, FuelCell Energy's own Current Ratio has ranged from 0.94 to 13.36 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 1.96, FuelCell Energy 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 Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FuelCell Energy's current Current Ratio of 8.59 is 338.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Current Ratio is 8.59, which is 62% above median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.92, compared to a current price of $24.00 — trading 203% above its estimated fair value. The current Current Ratio is 8.59, which is 62% above median its 10-year median of 5.31 and 338.3% above the Industrial Products industry median of 1.96. FuelCell Energy's overall GF Score™ is 60/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Current Ratio is 8.59 as of Apr. 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 FuelCell Energy (FCEL) Overvalued in 2026?
Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued.
The current stock price of $24.00 is trading 203% above its estimated GF Value™ of $7.92.
GuruFocus considers FuelCell Energy to be Significantly Overvalued.
Key valuation signals for FCEL:
Current Ratio: 8.59 (62% above median its 10-year median of 5.31)
GF Value™: $7.92 vs. price of $24.00 (203% above fair value)
Industry Position: 338.3% above the Industrial Products median (#130 of 3081)
No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
60GF Score
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