0A60 Stock | | | 8.40 0.19 2.21% |
FuelCell Energy financial indicator trend analysis is much more than just examining FuelCell Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FuelCell Energy is a good investment. Please check the relationship between FuelCell Energy Total Liab and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy FuelCell Stock please use our
How to Invest in FuelCell Energy guide.
Total Liab vs Inventory
Total Liab vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FuelCell Energy Total Liab account and
Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between FuelCell Energy's Total Liab and Inventory is 0.38. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of FuelCell Energy, assuming nothing else is changed. The correlation between historical values of FuelCell Energy's Total Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of FuelCell Energy are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Liab i.e., FuelCell Energy's Total Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Inventory
Most indicators from FuelCell Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FuelCell Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy FuelCell Stock please use our
How to Invest in FuelCell Energy guide.
Tax Provision is likely to gain to 2,415 in 2024, whereas
Selling General Administrative is likely to drop slightly above 29.9
M in 2024.
FuelCell Energy fundamental ratios Correlations
Click cells to compare fundamentals
FuelCell Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FuelCell Energy fundamental ratios Accounts
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Additional Tools for FuelCell Stock Analysis
When running FuelCell Energy's price analysis, check to
measure FuelCell Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to
predict the probability of FuelCell Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.