FuelCell Energy, Inc. (FCEL) financial statements (2020 and earlier)

Company profile

Business Address 3 GREAT PASTURE RD
DANBURY, CT 06813
State of Incorp. DE
Fiscal Year End October 31
SIC 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3893949845984
Cash and cash equivalents3893949845984
Restricted cash and investments8365966
Receivables13112369256165
Inventory, net of allowances, customer advances and progress billings58555474746656
Inventory58555474746656
Other current assets76971078
Other undisclosed current assets     5(1)
Total current assets:12584130204202204217
Noncurrent Assets
Inventory, Noncurrent72     
Finance lease, right-of-use asset0 
Operating lease, right-of-use asset1010
Property, plant and equipment40414844372927
Long-term investments and receivables, including:  9    
Other undisclosed long-term investments and receivables  9    
Intangible assets, net (including goodwill)25251414141414
Goodwill4444444
Intangible assets, net (excluding goodwill)21211010101010
Restricted cash and investments27273534252120
Other noncurrent assets9914171834
Other undisclosed noncurrent assets1481349073477 
Total noncurrent assets:2672492101801407364
TOTAL ASSETS:391333340384342277281
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23283061393539
Accounts payable14172343181623
Accrued liabilities911818211912
Employee-related liabilities      4
Deferred revenue1511
Debt9221828571
Deferred revenue and credits873238
Other undisclosed current liabilities2112111(3)
Total current liabilities:49636098527575
Noncurrent Liabilities
Long-term debt and lease obligation149    99
Long-term debt, excluding current maturities     99
Operating lease, liability9 
Other undisclosed long-term debt and lease obligation139      
Liabilities, other than long-term debt3011972831033634
Deferred revenue and credits19212321
Deferred revenue3029
Other liabilities 907264821313
Other undisclosed noncurrent liabilities391632141334
Total noncurrent liabilities:218135103971164847
Total liabilities:267198163195168123122
Temporary equity, carrying amount    606060
Stockholders' equity
Stockholders' equity attributable to parent65768210111495100
Common stock0000000
Treasury stock, value(0)(0)(0)(0)(0)0(0)
Additional paid in capital1,1801,1511,0731,0451,005934909
Deferred employee stock ownership plan, issuance of shares or sale of treasury shares00000  
Deferred compensation equity     (0)0
Accumulated other comprehensive loss(1)(1)(0)(0)(1)(1)(0)
Accumulated deficit(1,115)(1,075)(991)(944)(890)(839)(809)
Stockholders' equity attributable to noncontrolling interest     (1)(2)
Other undisclosed stockholders' equity6060     
Total stockholders' equity:124136821011149598
Other undisclosed liabilities and equity  9588   
TOTAL LIABILITIES AND EQUITY:391333340384342277281

Income statement (P&L) ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
Revenues59618996108163180
Revenue, net7795150163
Cost of revenue(75)(82)(86)(93)(109)(150)(167)
Cost of goods and services sold(75)(82)(86)(80)(97)(137)(150)
Gross profit:(16)(21)33(0)1314
Operating expenses(39)(46)(48)(48)(46)(42)(41)
Operating loss:(55)(67)(45)(45)(46)(29)(27)
Nonoperating income (expense)003012(7)
Other nonoperating income (expense)003012(8)
Interest and debt expense(11)(11)(9)(9)(5)(3)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (1)
Loss from continuing operations before equity method investments, income taxes:(66)(77)(50)(54)(51)(29)(38)
Other undisclosed loss from continuing operations before income taxes(34)      
Loss from continuing operations before income taxes:(100)(77)(50)(54)(51)(29)(38)
Income tax expense (benefit)(0)(0)3(0)(1)(0)(0)
Net loss:(100)(78)(47)(54)(51)(30)(39)
Net income attributable to noncontrolling interest    001
Net loss attributable to parent:(100)(78)(47)(54)(51)(29)(38)
Other undisclosed net loss available to common stockholders, basic(8)(23)(15)(3)(3)(3)(3)
Net loss available to common stockholders, diluted:(108)(100)(62)(57)(54)(33)(41)

Comprehensive Income ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
Net loss:(100)(78)(47)(54)(51)(30)(39)
Comprehensive loss:(100)(78)(47)(54)(51)(30)(39)
Comprehensive income, net of tax, attributable to noncontrolling interest    001
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(0)00(0)(1)(1)
Comprehensive loss, net of tax, attributable to parent:(100)(78)(47)(54)(51)(30)(39)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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