Tecogen Inc. (TGEN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TGEN SEC filings page.
Tecogen Inc. (TGEN) reported $24.6M in revenue over the twelve months to Jun 30, 2026, down 6.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue recovered in FY2025, but weaker margins and heavy operating cash use made growth more expensive rather than profitable.
Revenue recovered to$27.1M from$22.6M , while gross margin fell from43.6% to36.3% . Operating cash flow then swung from$4.1M positive to-$9.9M , showing that additional sales were not translating into cash because unit economics and operating costs deteriorated together.
The balance sheet's improved short-term cushion came alongside a
Free cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tecogen Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tecogen Inc. held $12.4M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $9.9M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Tecogen Inc. scores 38/100 among other emerging companies.
Tecogen Inc. had 30M shares outstanding at the end of fiscal year 2025, against 25M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Tecogen Inc. scores 49/100 among other emerging companies.
Tecogen Inc. spent $1.2M on research and development in fiscal year 2025, which was 3.3% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Tecogen Inc. scores 19/100 among other emerging companies.
Tecogen Inc. reported revenue of $27.1M in fiscal year 2025, against $22.6M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Tecogen Inc. scores 48/100 among other emerging companies.
Tecogen Inc.'s operations used $9.9M of cash in fiscal year 2025, against $4.1M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Tecogen Inc. scores 2/100 among other emerging companies.
Tecogen Inc.'s cash, cash equivalents and investments came to $12.4M at the end of fiscal year 2025, against $15.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Tecogen Inc. scores 54/100 among other emerging companies.
Tecogen Inc. scores 1.26, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($70.9M) relative to total liabilities ($15.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tecogen Inc. passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Tecogen Inc. reported a net loss of $8.2M while operations used $9.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Tecogen Inc. reported an operating loss of $8.2M against $150K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Tecogen Inc. generated $5.7M in revenue in Q2 2026. This represents a decrease of 21.2% from the same quarter a year earlier. Against the prior quarter it is down 9.3%.
Tecogen Inc.'s EBITDA was -$1.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 55.2% from the same quarter a year earlier. It is unchanged from the prior quarter.
Tecogen Inc. reported -$2.1M in net income in Q2 2026. This represents a decrease of 46.8% from the same quarter a year earlier. Against the prior quarter it is down 1.3%.
Tecogen Inc. earned -$0.07 per diluted share (EPS) in Q2 2026. This represents a decrease of 16.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Cash & Balance Sheet
Tecogen Inc. recorded an outflow of $2.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 11.7% from the same quarter a year earlier. Against the prior quarter it is up 23.1%.
Tecogen Inc. held $6.8M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Tecogen Inc.'s gross margin was 37.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.0 percentage points.
Tecogen Inc.'s operating margin was -37.4% in Q2 2026, reflecting core business profitability. This is down 18.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.7 percentage points.
Tecogen Inc.'s net profit margin was -37.4% in Q2 2026, showing the share of revenue converted to profit. This is down 17.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.9 percentage points.
Tecogen Inc.'s ROE was -12.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.
Capital Allocation
Tecogen Inc. invested $320K in research and development in Q2 2026. This represents an increase of 19.2% from the same quarter a year earlier. Against the prior quarter it is down 12.0%.
Tecogen Inc. invested $73K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 49.8% from the same quarter a year earlier. Against the prior quarter it is up 58.9%.
Not reported for Q2 2026.
TGEN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M-21.2% | $6.3M-12.9% | $5.3M-12.5% | $7.2M+27.6% | $7.3M+54.3% | $7.3M+17.6% | $6.1M+3.0% | $5.6M-20.8% |
| Cost of Revenue | $3.6M-26.1% | $3.7M-7.7% | $3.4M+0.6% | $5.0M+58.8% | $4.8M+82.4% | $4.1M+12.4% | $3.3M-5.9% | $3.1M-24.8% |
| Gross Profit | $2.2M-11.7% | $2.6M-19.6% | $2.0M-28.4% | $2.2M-12.0% | $2.5M+18.4% | $3.2M+25.1% | $2.7M+16.4% | $2.5M-15.2% |
| R&D Expenses | $320K+19.2% | $364K+24.3% | $307K+35.5% | $298K+27.4% | $269K+9.0% | $293K+14.9% | $227K+5.8% | $234K+46.1% |
| SG&A Expenses | $3.5M+13.6% | $3.7M+27.0% | $4.1M+39.7% | $3.4M+27.2% | $3.1M+6.7% | $2.9M+2.8% | $2.9M+104.8% | $2.7M-18.6% |
| Operating Income | -$2.2M-52.3% | -$2.1M-259.4% | -$4.1M-263.9% | -$2.1M-140.6% | -$1.4M+4.2% | -$594K+43.4% | -$1.1M+37.4% | -$873K-137.1% |
| EBITDA | -$1.9M-55.2% | -$1.9M-357.9% | -$3.9M-287.0% | -$1.9M-154.5% | -$1.2M+9.5% | -$409K+55.1% | -$1.0M+41.3% | -$735K-268.2% |
| Interest Expense | $39K+2.9% | $34K+5.9% | $39K+25.8% | $41K+78.7% | $38K+113.5% | $32K+73.1% | $31K+314.5% | $23K+261.9% |
| Net Income | -$2.1M-46.8% | -$2.1M-221.3% | -$4.0M-236.7% | -$2.1M-129.0% | -$1.5M+4.9% | -$660K+40.3% | -$1.2M+35.8% | -$930K-93.2% |
| EPS (Basic) | -$0.07-16.7% | -$0.07-133.3% | -$0.14-180.0% | -$0.07-75.0% | -$0.060.0% | -$0.03+25.0% | -$0.05+37.5% | -$0.04-100.0% |
| EPS (Diluted) | -$0.07-16.7% | -$0.07-133.3% | -$0.14-180.0% | -$0.07-75.0% | -$0.060.0% | -$0.03+25.0% | -$0.05+37.5% | -$0.04-100.0% |
| Diluted Shares (Avg) | 30M+18.8% | 30M+19.7% | N/A | 29M+16.0% | 25M+1.6% | 25M+0.4% | N/A | 25M0.0% |
Not reported in any period shown, so not listed: Income Tax.
TGEN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.6M+11.5% | $34.5M+15.9% | $37.0M+19.0% | $41.5M+50.9% | $28.4M+4.4% | $29.7M+4.5% | $31.1M+11.9% | $27.5M-5.8% |
| Current Assets | $24.0M+26.2% | $26.5M+28.8% | $28.9M+30.4% | $32.1M+76.6% | $19.0M+5.4% | $20.6M+4.5% | $22.1M+9.1% | $18.2M-15.9% |
| Cash & Equivalents | $6.8M+313.4% | $9.3M+129.5% | $12.4M+130.0% | $15.3M+1089.6% | $1.6M+94.9% | $4.1M+169.2% | $5.4M+300.0% | $1.3M+98.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $12.0M+24.3% | $11.4M+15.7% | $10.9M+13.7% | $9.6M-3.4% | $9.7M-4.3% | $9.9M-1.3% | $9.6M-8.7% | $9.9M-10.4% |
| Accounts Receivable | $4.2M-36.8% | $5.1M-13.5% | $4.3M-29.0% | $6.2M+14.2% | $6.6M+23.8% | $5.8M-10.5% | $6.0M-10.5% | $5.4M-29.2% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.2M-46.8% | $1.2M-46.8% | $1.2M-46.8% | $2.3M-8.5% | $2.3M-8.5% | $2.3M-11.3% | $2.3M-14.5% | $2.6M-18.1% |
| Total Liabilities | $14.1M-27.6% | $14.9M-26.2% | $15.5M-26.0% | $16.1M-0.9% | $19.4M+28.9% | $20.2M+36.1% | $21.0M+59.6% | $16.3M+27.4% |
| Current Liabilities | $8.2M-41.2% | $8.8M-41.1% | $9.3M-44.9% | $11.8M-0.2% | $14.0M+21.3% | $14.9M+33.1% | $16.8M+60.4% | $11.8M+16.9% |
| Non-Current Liabilities | $5.8M+7.3% | $6.1M+16.3% | $6.3M+50.6% | $4.3M-2.7% | $5.4M+53.4% | $5.3M+45.7% | $4.2M+56.2% | $4.4M+67.5% |
| Total Equity | $17.7M+94.7% | $19.7M+104.3% | $21.6M+111.6% | $25.5M+125.2% | $9.1M-25.4% | $9.6M-29.5% | $10.2M-30.6% | $11.3M-31.6% |
| Retained Earnings | -$60.2M-20.9% | -$58.0M-20.1% | -$55.9M-17.3% | -$51.9M-11.7% | -$49.8M-9.3% | -$48.3M-9.8% | -$47.6M-11.1% | -$46.5M-13.2% |
Not reported in any period shown, so not listed: Long-Term Debt.
TGEN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.4M+9.6% | -$3.1M-164.9% | -$2.6M-161.6% | -$3.6M-1617.8% | -$2.6M-1547.8% | -$1.2M-572.7% | $4.2M+1963.6% | -$207K+82.3% |
| Depreciation & Amortization | $279K+35.5% | $265K+42.8% | $256K+91.1% | $230K+66.5% | $206K+45.5% | $186K+32.5% | $134K+24.2% | $138K-18.0% |
| Stock-Based Compensation | $54K | $132K+222.4% | N/A | N/A | N/A | $41K-8.3% | N/A | N/A |
| Capital Expenditures | $73K-49.8% | $46K-65.1% | $47K-63.5% | $75K-73.3% | $146K-67.7% | $132K+25.8% | $130K+761.1% | $282K+2229.0% |
| Free Cash Flow | -$2.4M+11.7% | -$3.2M-141.6% | -$2.6M-164.8% | -$3.6M-642.7% | -$2.7M-350.8% | -$1.3M-1011.2% | $4.0M+2060.7% | -$490K+58.7% |
| Investing Cash Flow | -$69K+56.0% | $50K+130.5% | -$69K+41.9% | -$74K+77.2% | -$156K+68.7% | -$165K-129.2% | -$119K-4561.8% | -$327K-540.6% |
| Financing Cash Flow | -$128K-138.6% | -$40K-31042.2% | -$179K-377.8% | $17.2M+1670.5% | $332K+2566.0% | -$128+99.3% | $65K-87.1% | $974K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TGEN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.8%+4.1pp | 40.9%-3.4pp | 36.8%-8.2pp | 30.4%-13.7pp | 33.8%-10.2pp | 44.3%+2.6pp | 45.0%+5.2pp | 44.1%+2.9pp |
| Operating Margin | -37.4%-18.1pp | -33.7%-25.5pp | -77.8%-59.1pp | -29.3%-13.7pp | -19.4%+11.8pp | -8.2%+8.8pp | -18.7%+12.1pp | -15.5%-10.3pp |
| Net Margin | -37.4%-17.3pp | -33.5%-24.4pp | -75.1%-55.6pp | -29.7%-13.1pp | -20.1%+12.5pp | -9.1%+8.8pp | -19.5%+11.8pp | -16.5%-9.8pp |
| Return on Equity | -12.1%+4.0pp | -10.8%-3.9pp | -18.5%-6.9pp | -8.4%-0.1pp | -16.1%-3.5pp | -6.8%+1.2pp | -11.6%+0.9pp | -8.2%-5.3pp |
| Return on Assets | -6.8%-1.6pp | -6.2%-3.9pp | -10.8%-7.0pp | -5.1%-1.8pp | -5.2%+0.5pp | -2.2%+1.7pp | -3.8%+2.8pp | -3.4%-1.7pp |
| Current Ratio | 2.93+1.6x | 3.02+1.6x | 3.12+1.8x | 2.71+1.2x | 1.36-0.2x | 1.38-0.4x | 1.32-0.6x | 1.53-0.6x |
| Debt-to-Equity | 0.79-1.3x | 0.76-1.3x | 0.72-1.3x | 0.63-0.8x | 2.13+0.9x | 2.09+1.0x | 2.05+1.2x | 1.44+0.7x |
| Asset Turnover | 0.18-0.1x | 0.18-0.1x | 0.14-0.1x | 0.170.0x | 0.26+0.1x | 0.240.0x | 0.200.0x | 0.200.0x |
| FCF Margin | -42.2%-4.6pp | -49.8%-31.8pp | -49.3%-115.9pp | -50.6%-41.9pp | -37.7%-24.8pp | -17.9%-20.3pp | 66.6%+63.4pp | -8.7%+8.0pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Tecogen Inc. TGEN | FY2025 | $27.1M | -$8.2M | -30.5% | $70.9M | 35/100 |
| FuelCell Energy Inc NEW (DE) FCEL | FY2025 | $158.2M | -$187.9M | N/A | $1.4B | 60/100 |
| NOVONIX Limited NVX | FY2025 | $5.6M | -$92.7M | N/A | $62.3M | 15/100 |
| Stardust Power Inc. SDST | FY2025 | N/A | -$3.8M | N/A | $808K | — |
| NeoVolta Inc. NEOV | FY2026 | $13.3M | -$21.5M | N/A | $154.0M | 42/100 |
| GrafTech International Ltd. EAF | FY2025 | $504.1M | -$219.8M | -43.6% | $237.7M | 22/100 |
Where Tecogen Inc. Ranks
Frequently Asked Questions
What is Tecogen Inc.'s annual revenue?
Tecogen Inc. (TGEN) reported $27.1M in total revenue for fiscal year 2025. This represents a 19.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tecogen Inc.'s revenue growing?
Tecogen Inc. (TGEN) revenue grew by 19.7% year-over-year, from $22.6M to $27.1M in fiscal year 2025.
Is Tecogen Inc. profitable?
No, Tecogen Inc. (TGEN) reported a net income of -$8.2M in fiscal year 2025, with a net profit margin of -30.5%.
What is Tecogen Inc.'s EBITDA?
Tecogen Inc. (TGEN) had EBITDA of -$7.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tecogen Inc.'s gross margin?
Tecogen Inc. (TGEN) had a gross margin of 36.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tecogen Inc.'s operating margin?
Tecogen Inc. (TGEN) had an operating margin of -30.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Tecogen Inc.'s net profit margin?
Tecogen Inc. (TGEN) had a net profit margin of -30.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Tecogen Inc.'s return on equity (ROE)?
Tecogen Inc. (TGEN) has a return on equity of -38.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Tecogen Inc.'s free cash flow?
Tecogen Inc. (TGEN) recorded an outflow of $10.3M in free cash flow during fiscal year 2025. This represents a -433.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tecogen Inc.'s operating cash flow?
Tecogen Inc. (TGEN) recorded an outflow of $9.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tecogen Inc.'s total assets?
Tecogen Inc. (TGEN) had $37.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tecogen Inc.'s capital expenditures?
Tecogen Inc. (TGEN) invested $401K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Tecogen Inc. spend on research and development?
Tecogen Inc. (TGEN) invested $1.2M in research and development during fiscal year 2025.
What is Tecogen Inc.'s current ratio?
Tecogen Inc. (TGEN) had a current ratio of 3.12 as of fiscal year 2025, which is generally considered healthy.
What is Tecogen Inc.'s debt-to-equity ratio?
Tecogen Inc. (TGEN) had a debt-to-equity ratio of 0.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tecogen Inc.'s return on assets (ROA)?
Tecogen Inc. (TGEN) had a return on assets of -22.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tecogen Inc.'s P/E ratio?
Tecogen Inc. (TGEN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $70.9M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tecogen Inc.'s price-to-sales ratio?
Tecogen Inc. (TGEN) trades at 2.9x sales, its market capitalization divided by revenue of $24.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $70.9M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Tecogen Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Tecogen Inc. (TGEN) held $12.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $9.9M over that year. Dividing the one by the other, the reported balance equals about 15 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Tecogen Inc.'s Altman Z-Score?
Tecogen Inc. (TGEN) has an Altman Z-Score of 1.26, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tecogen Inc.'s Piotroski F-Score?
Tecogen Inc. (TGEN) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tecogen Inc.'s earnings high quality?
Tecogen Inc. (TGEN) reported a net loss of $8.2M while operations used $9.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tecogen Inc. cover its interest payments?
Tecogen Inc. (TGEN) reported an operating loss of $8.2M against $150K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tecogen Inc.?
Tecogen Inc. (TGEN) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.