FCEL Debt-to-Equity Ratio Analysis
Updated 112h ago·SEC filings & market data
Key Takeaway
Debt-to-equity measures how much a company relies on borrowed money versus shareholder funds; at 0.16x, FCEL uses very little debt, with only $0.16 of liabilities for every $1 of equity.
Sector Performance
16th percentileFCEL
0.16x
Sector Median
0.72x
Sector Avg
2.46x
Prior Period
0.19x(Aug 2026)
Deep Analysis
Debt-to-equity measures how much a company relies on borrowed money versus shareholder funds; at 0.16x, FCEL uses very little debt, with only $0.16 of liabilities for every $1 of equity.
This sits well below the sector median of 0.72x, placing FCEL in the 16th percentile — meaning 84% of peers carry higher leverage. The ratio fell 15.8% quarter-over-quarter, from 0.19x to 0.16x, though no year-over-year figure is available; the available history shows a recent downward move. A low and decreasing debt level suggests reduced default risk and greater financial cushion, but it can also indicate the company is not borrowing to fund growth. That mix supports a
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about FCEL?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master FCEL's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
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0.16x
Sector Median
0.72x
Sector Avg
2.46x
How FCEL's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.