FCEL (FuelCell Energy) Quick Ratio: 7.20 (As of Apr. 2026) — 88% Above Median


FCEL FuelCell Energy Inc FCEL
60 GF Score
Price $21.56
GF Value $7.94
Valuation Significantly Overvalued
! 8 Warning Signs
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What is FuelCell Energy Quick Ratio?

FuelCell Energy FCEL -1.03% 60 Quick Ratio is 7.20 as of Apr. 2026, which is 88% above its 10-year median of 3.84. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,079 Industrial Products companies, FuelCell Energy ranks better than 95.91% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. FuelCell Energy's quick ratio for the quarter that ended in Apr. 2026 was 7.20.

FuelCell Energy has a quick ratio of 7.20. It generally indicates good short-term financial strength.

The historical rank and industry rank for FuelCell Energy's Quick Ratio or its related term are showing as below:

FCEL' s Quick Ratio Range Over the Past 10 Years
Min: 0.37   Med: 3.84   Max: 11.95
Current: 7.2

During the past 13 years, FuelCell Energy's highest Quick Ratio was 11.95. The lowest was 0.37. And the median was 3.84.

FCEL's Quick Ratio is ranked better than
95.91% of 3079 companies
in the Industrial Products industry
Industry Median: 1.39 vs FCEL: 7.20

FuelCell Energy  (NAS:FCEL) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


FuelCell Energy Quick Ratio Related Terms


FuelCell Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for FuelCell Energy's Quick 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.

FuelCell Energy Quick Ratio Chart

FuelCell Energy Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 5.70 5.95 4.48 5.36

FuelCell Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Quick Ratio Get a 7-Day Free Trial 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 3.82 3.85 5.36 6.51 7.20

FCEL vs ENR, ADSE, KE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Quick Ratio falls into.


FCEL
60GF Score
FuelCell Energy Inc FCEL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FuelCell Energy Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

FuelCell Energy's Quick Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Quick Ratio (A: Oct. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(449.81-86.196)/67.839
=5.36

FuelCell Energy's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(543.93-88.449)/63.3
=7.20

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 7.20 mean?
FuelCell Energy (FCEL) has a Quick Ratio of 7.20 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on FuelCell Energy and its competitors. This is 88% above median its historical median of 3.84. Over the past decade, FuelCell Energy's Quick Ratio has ranged from 0.37 to 11.95. According to the industry distribution chart, FuelCell Energy ranks #126 out of 3079 companies in the Industrial Products industry, placing it in the top 4.1%.
Is FuelCell Energy's Quick Ratio too high?
FuelCell Energy's current Quick Ratio of 7.20 is 88% above median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 11.95. The Industrial Products industry median Quick Ratio is 1.39. FuelCell Energy's value of 7.20 is 418% above this industry median. Based on the distribution chart, FuelCell Energy ranks #126 out of 3079 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 Quick Ratio compare to ENR and ADSE?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #126 out of 3079 companies for Quick Ratio. This places FuelCell Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. FuelCell Energy's value of 7.20 is 418% above this benchmark. Historically, FuelCell Energy's own Quick Ratio has ranged from 0.37 to 11.95 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 1.39, 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FuelCell Energy's current Quick Ratio of 7.20 is 418% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on FuelCell Energy and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Quick Ratio is 7.20, which is 88% above median its own 10-year median of 3.84. 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 $7.94, compared to a current price of $21.56 — trading 171.5% above its estimated fair value. The current Quick Ratio is 7.20, which is 88% above median its 10-year median of 3.84 and 418% above the Industrial Products industry median of 1.39. FuelCell Energy's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Quick Ratio is 7.20 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 $21.56 is trading 171.5% above its estimated GF Value™ of $7.94. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for FCEL:

  • Quick Ratio: 7.20 (88% above median its 10-year median of 3.84)
  • GF Value™: $7.94 vs. price of $21.56 (171.5% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 418% above the Industrial Products median (#126 of 3079)

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 Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
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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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.56
Price
$7.94
GF Value