FuelCell Energy Inc (FCEL)

[AgeOfReason]

Another thing which reduces cash without incurring an expense is the paying of the principal of loans/debt. Even paying the interest on the debt reduces cash without adding to expense. Paying the interest doesn't add to expense (in an accrual based accounting system) since the expense was already incurred before the payment is made for the interest expense.

FCEL's "Total current liabilities" (short-term debt) at the end of Q3 was $54.6 million and their total "Long-term debt and other liabilities" at the end of Q3 was $167.7 million. When other long-term liabilities (and financial obligations) are included their total liabilities was $280.6 million at the end of Q3.