Fuelcell Energy Inc (FCELB) Debt Ratio (2010 - 2026)
Fuelcell Energy's (FCELB) Debt Ratio was 0.01 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 28.7% from 0.02 a year earlier and down 17.1% from the prior quarter.
Fuelcell Energy Inc (FCELB) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Debt Ratio at Fuelcell Energy was 0.02, up 0.8% from FY2024.
- By fiscal year, Debt Ratio came in at 0.02 in FY2024 (+60.1%), 0.01 in FY2023 (-25.0%), 0.01 in FY2022 (+21.9%) and 0.01 in FY2021 (-71.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Debt Ratio since fiscal Q3 2024.
- Year over year, Debt Ratio has now declined in each of the last three quarters, with growth averaging 24.4% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q1 2025 (growth of 68.4%); the low point was fiscal Q4 2021 (a decline of 71.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.02 (Q2 2026), 0.02 (Q1 2026) and 0.02 (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.01 |
| Apr 30, 2026 | 0.02 |
| Jan 31, 2026 | 0.02 |
| Oct 31, 2025 | 0.02 |
| Jul 31, 2025 | 0.02 |
| Apr 30, 2025 | 0.02 |
| Jan 31, 2025 | 0.02 |
| Oct 31, 2024 | 0.02 |
| Jul 31, 2024 | 0.01 |
| Apr 30, 2024 | 0.01 |
| Jan 31, 2024 | 0.01 |
| Oct 31, 2023 | 0.01 |
| Jul 31, 2023 | 0.01 |
| Apr 30, 2023 | 0.02 |
| Jan 31, 2023 | 0.01 |
| Oct 31, 2022 | 0.01 |
| Jul 31, 2022 | 0.01 |
| Apr 30, 2022 | 0.01 |
| Jan 31, 2022 | 0.01 |
| Oct 31, 2021 | 0.01 |
Fuelcell Energy Inc Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCELB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FCELB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();