Douglas Hayhurst - Ballard Power Independent Director

BLDP Stock  CAD 1.83  0.04  2.23%   

Director

Mr. Douglas P. Hayhurst is Independent Director of Ballard Power Systems Inc. Mr. Hayhurst was an executive with IBM Canada Business Consulting Services and a Partner with PricewaterhouseCoopers Management Consultants. Prior to that, Mr. Hayhurst held various senior executive management roles with Price Waterhouse including National Deputy Managing Partner and Managing Partner for British Columbia . Mr. Hayhurst received a Fellowship from the Institutes of Chartered Accountants of British Columbia and of Ontario. He has completed the Directors Education Program of the Institute of Corporationrationrate Directors and has received his ICD.D designation. since 2012.
Age 72
Tenure 12 years
Address 9000 Glenlyon Parkway, Burnaby, BC, Canada, V5J 5J8
Phone604 454 0900
Webhttps://www.ballard.com

Ballard Power Management Efficiency

The company has return on total asset (ROA) of (0.112) % which means that it has lost $0.112 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3708) %, meaning that it generated substantial loss on money invested by shareholders. Ballard Power's management efficiency ratios could be used to measure how well Ballard Power manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.18. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Ballard Power's Total Assets are very stable compared to the past year. As of the 23rd of November 2024, Total Current Assets is likely to grow to about 908 M, while Non Current Assets Total are likely to drop about 120.3 M.
Ballard Power Systems has accumulated 17.9 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Ballard Power Systems has a current ratio of 14.86, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ballard Power until it has trouble settling it off, either with new capital or with free cash flow. So, Ballard Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ballard Power Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ballard to invest in growth at high rates of return. When we think about Ballard Power's use of debt, we should always consider it together with cash and equity.

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Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. BALLARD POWER is traded on Toronto Stock Exchange in Canada. Ballard Power Systems (BLDP) is traded on Toronto Exchange in Canada and employs 1,173 people. Ballard Power is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Ballard Power Systems Leadership Team

Elected by the shareholders, the Ballard Power's board of directors comprises two types of representatives: Ballard Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ballard. The board's role is to monitor Ballard Power's management team and ensure that shareholders' interests are well served. Ballard Power's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ballard Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
Randall MacEwen, President CEO, Director
DuyLoan Le, Independent Director
Robert Campbell, Vice President and Chief Commercial Officer
Lee Sweetland, Senior Officer
Mircea Gradu, Senior Officer
Mark Biznek, Senior COO
Anthony Guglielmin, Chief Financial Officer, Vice President
James Roche, Independent Chairman of the Board
Ian Sutcliffe, Independent Director
Kevin Colbow, Chief Technology Officer, Vice President
David Mucciacciaro, Senior Officer
Kui Jiang, Director
LLB BA, President CEO
Kerry Hillier, Corporate Secretary
Marty Neese, Independent Director
Sarbjot Sidhu, Vice President - Operations
Alfred Wong, Managing Pacific
Kate Charlton, VP Relations
Shaojun Sun, Director
Janet Woodruff, Independent Director
Nicolas Pocard, Vice Partnerships
Jesper Themsen, President Europe
Kate Igbalode, Senior CFO
Douglas Hayhurst, Independent Director
R MacEwen, President, Chief Executive Officer, Director
Paul Dobson, Senior CFO

Ballard Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ballard Power a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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.

Moving together with Ballard Stock

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Moving against Ballard Stock

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The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.
The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. 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.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.