Ballard Financial Statements From 2010 to 2024

Ballard Power Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 1.1 B 1.1 B 509.6 M Slightly volatile Short and Long Term Debt Total 10.1 M 17.9 M 13.3 M Very volatile Other Current Liabilities 50.2 M 47.8 M 25.3 M Slightly volatile Total Current Liabilities 45.9 M 70.6 M 46 M Slightly volatile Total Stockholder Equity 1 B 991.2 M 442.4 M Slightly volatile Property Plant And Equipment Net 122.1 M 116.3 M 42.4 M Slightly volatile Accounts Payable 10.6 M 13.7 M 10.6 M Slightly volatile Cash 788.7 M 751.1 M 329.6 M Slightly volatile Non Current Assets Total 120.3 M 212.8 M 106.5 M Slightly volatile Non Currrent Assets Other 519.6 K 547 K 280.7 K Slightly volatile Cash And Short Term Investments 790.9 M 753.2 M 332.9 M Slightly volatile Net Receivables 61.5 M 58.6 M 32.6 M Slightly volatile Common Stock Shares Outstanding 313.6 M 298.7 M 185 M Slightly volatile Liabilities And Stockholders Equity 1.1 B 1.1 B 509.6 M Slightly volatile Non Current Liabilities Total 15.5 M 15.7 M 20.4 M Very volatile Inventory 48.2 M 45.9 M 26.6 M Slightly volatile Other Current Assets 4.5 M 7.1 M 3.3 M Slightly volatile Other Stockholder Equity 414.4 M 306 M 284 M Slightly volatile Total Liabilities 61.4 M 86.3 M 66.4 M Slightly volatile Property Plant And Equipment Gross 213.4 M 203.2 M 63.8 M Slightly volatile Total Current Assets 908 M 864.7 M 396.2 M Slightly volatile Short Term Debt 4.3 M 4.5 M 3.2 M Very volatile Other Assets 267.5 K 425.5 K 293.3 K Slightly volatile Short Term Investments 2 M 2.1 M 16.7 M Slightly volatile Intangible Assets 1.3 M 1.4 M 10.9 M Slightly volatile Good Will 40.8 M 40.3 M 51 M Slightly volatile Common Stock Total Equity 1.1 B 2.2 B 1.2 B Slightly volatile Common Stock 1.4 B 2.4 B 1.3 B Slightly volatile Other Liabilities 2.7 M 2.8 M 10.3 M Slightly volatile Net Tangible Assets 1.3 B 1.3 B 435.5 M Slightly volatile Long Term Investments 57 M 54.2 M 20.9 M Slightly volatile Property Plant Equipment 99.5 M 94.7 M 39.4 M Slightly volatile Long Term Debt 5.7 M 5.6 M 7.2 M Slightly volatile Deferred Long Term Liabilities 2.9 M 2.7 M 3.5 M Slightly volatile Long Term Debt Total 11.4 M 13.6 M 9.4 M Slightly volatile Capital Surpluse 323.2 M 345.9 M 299.1 M Slightly volatile Capital Lease Obligations 14.8 M 17.9 M 11 M Slightly volatile Cash And Equivalents 1.1 B 1.1 B 390.9 M Slightly volatile Net Invested Capital 790.7 M 991.2 M 444.1 M Slightly volatile Net Working Capital 650.6 M 794.2 M 348.9 M Slightly volatile Capital Stock 2.1 B 2.4 B 1.5 B Slightly volatile
Ballard Power Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 9.9 M 13.5 M 7 M Slightly volatile Interest Expense 569.2 K 1.1 M 1 M Very volatile Selling General Administrative 17.8 M 24 M 15.1 M Slightly volatile Total Revenue 69 M 102.4 M 79.3 M Slightly volatile Other Operating Expenses 274.8 M 261.7 M 129.9 M Slightly volatile Research Development 103.2 M 98.3 M 39.2 M Slightly volatile Cost Of Revenue 130.4 M 124.2 M 71.6 M Slightly volatile Total Operating Expenses 77.4 M 137.5 M 60.2 M Slightly volatile Selling And Marketing Expenses 10 M 15.1 M 9.1 M Slightly volatile Interest Income 17.8 M 16.9 M 6.6 M Slightly volatile Reconciled Depreciation 9.7 M 13.5 M 7.1 M Slightly volatile
Ballard Power Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 959.4 M 913.7 M 294.2 M Slightly volatile Depreciation 9.9 M 13.5 M 7 M Slightly volatile Capital Expenditures 43.4 M 41.4 M 13.2 M Slightly volatile End Period Cash Flow 788.7 M 751.1 M 329.6 M Slightly volatile Stock Based Compensation 11.3 M 10.7 M 5.1 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 10.26 10.7948 11.9691 Slightly volatile PTB Ratio 1.06 1.1148 3.0011 Very volatile Days Sales Outstanding 146 181 128 Slightly volatile Book Value Per Share 3.3 3.3004 1.8056 Slightly volatile Average Payables 8.6 M 15.5 M 15.6 M Pretty Stable Stock Based Compensation To Revenue 0.11 0.1071 0.0611 Slightly volatile Capex To Depreciation 1.63 3.0582 1.3732 Slightly volatile PB Ratio 1.06 1.1148 3.0011 Very volatile EV To Sales 3.45 3.6321 8.7823 Slightly volatile Inventory Turnover 4.41 2.7076 3.5571 Slightly volatile Days Of Inventory On Hand 101 135 123 Slightly volatile Payables Turnover 9.5 9.0498 8.2441 Very volatile Sales General And Administrative To Revenue 0.16 0.2332 0.1932 Very volatile Average Inventory 11.5 M 17.9 M 18.5 M Very volatile Research And Ddevelopement To Revenue 0.85 0.9603 0.4397 Slightly volatile Capex To Revenue 0.25 0.4041 0.1319 Slightly volatile Cash Per Share 1.91 2.522 1.247 Slightly volatile Days Payables Outstanding 38.32 40.3325 51.2421 Pretty Stable Intangibles To Total Assets 0.0369 0.0389 0.2005 Slightly volatile Current Ratio 12.8 12.1882 6.515 Slightly volatile Tangible Book Value Per Share 2.53 3.1608 1.4666 Slightly volatile Receivables Turnover 2.72 2.0167 3.3961 Slightly volatile Graham Number 5.54 6.6659 3.1861 Slightly volatile Shareholders Equity Per Share 3.28 3.3189 1.8158 Slightly volatile Capex Per Share 0.1 0.1385 0.0537 Slightly volatile Average Receivables 11.3 M 17 M 17.3 M Pretty Stable Revenue Per Share 0.58 0.3428 0.507 Slightly volatile Operating Cycle 207 316 249 Slightly volatile Price Book Value Ratio 1.06 1.1148 3.0011 Very volatile Days Of Payables Outstanding 38.32 40.3325 51.2421 Pretty Stable Ebt Per Ebit 0.67 0.8843 1.0644 Very volatile Company Equity Multiplier 1.45 1.0815 1.4282 Slightly volatile Quick Ratio 12.12 11.5384 6.0022 Slightly volatile Net Income Per E B T 0.84 1.2337 1.0048 Pretty Stable Cash Ratio 11.17 10.6413 5.1363 Slightly volatile Cash Conversion Cycle 289 275 205 Slightly volatile Days Of Inventory Outstanding 101 135 123 Slightly volatile Days Of Sales Outstanding 146 181 128 Slightly volatile Free Cash Flow Operating Cash Flow Ratio 1.84 1.3956 1.3922 Slightly volatile Price To Book Ratio 1.06 1.1148 3.0011 Very volatile Fixed Asset Turnover 0.84 0.88 3.0891 Slightly volatile Price Sales Ratio 10.26 10.7948 11.9691 Slightly volatile Asset Turnover 0.0907 0.0955 0.3253 Slightly volatile Price Fair Value 1.06 1.1148 3.0011 Very volatile
Ballard Power Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 753.2 M 1.1 B 1.1 B Slightly volatile Enterprise Value 592.5 M 371.8 M 846.3 M Slightly volatile

Ballard Fundamental Market Drivers

About Ballard Power Financial Statements

Pair Trading with Ballard Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.When determining whether Ballard Power Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ballard Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ballard Power Systems Stock. Highlighted below are key reports to facilitate an investment decision about Ballard Power Systems Stock:

How To Invest In Ballard Details

Is Ballard Stock a good investment? Details

What is Ballard Power's Net Worth? Details

Largest Electrical Components & Equipment Companies View

Largest Specialty Industrial Machinery Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details

Please note, there is a significant difference between Ballard Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballard Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballard Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.