Ballard Historical Balance Sheet

BLDP Stock  USD 1.28  0.05  3.76%   
Trend analysis of Ballard Power Systems balance sheet accounts such as Short Long Term Debt Total of 10.1 M, Other Current Liabilities of 53.8 M or Total Current Liabilities of 45.9 M provides information on Ballard Power's total assets, liabilities, and equity, which is the actual value of Ballard Power Systems to its prevalent stockholders. By breaking down trends over time using Ballard Power balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ballard Power Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ballard Power Systems is a good buy for the upcoming year.

Ballard Power Inventory

48.16 Million

  
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 unemployment.

About Ballard Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ballard Power Systems at a specified time, usually calculated after every quarter, six months, or one year. Ballard Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ballard Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ballard currently owns. An asset can also be divided into two categories, current and non-current.

Ballard Power Balance Sheet Chart

At this time, Ballard Power's Net Receivables is relatively stable compared to the past year. As of 11/23/2024, Common Stock Shares Outstanding is likely to grow to about 313.6 M, though Net Debt is likely to grow to (696.6 M).

Total Assets

Total assets refers to the total amount of Ballard Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ballard Power Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Ballard Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ballard Power Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Ballard Power's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ballard Power Systems current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 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 unemployment.
At this time, Ballard Power's Net Receivables is relatively stable compared to the past year. As of 11/23/2024, Common Stock Shares Outstanding is likely to grow to about 313.6 M, though Net Debt is likely to grow to (696.6 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total17.1M15.7M17.9M10.1M
Total Assets1.4B1.2B1.1B1.1B

Ballard Power balance sheet Correlations

0.280.940.81.00.820.11-0.99-0.680.441.00.9-0.071.00.770.90.010.930.80.410.690.861.00.070.710.77
0.280.280.510.260.32-0.04-0.24-0.40.450.250.430.110.260.30.20.730.230.00.350.670.240.260.790.330.13
0.940.280.820.930.830.18-0.91-0.730.360.920.87-0.180.920.760.90.10.920.760.50.730.870.930.110.720.75
0.80.510.820.790.640.46-0.78-0.750.630.780.920.20.780.740.840.330.860.50.50.950.650.790.180.830.57
1.00.260.930.790.820.09-0.99-0.670.421.00.89-0.081.00.760.89-0.010.930.820.390.670.861.00.060.70.76
0.820.320.830.640.82-0.05-0.76-0.750.460.780.76-0.50.780.750.82-0.060.830.830.540.520.980.790.210.610.7
0.11-0.040.180.460.09-0.05-0.11-0.270.070.10.180.420.090.370.370.160.26-0.150.290.44-0.080.11-0.30.420.08
-0.99-0.24-0.91-0.78-0.99-0.76-0.110.62-0.39-1.0-0.880.02-1.0-0.73-0.860.01-0.9-0.79-0.33-0.66-0.81-1.0-0.03-0.68-0.72
-0.68-0.4-0.73-0.75-0.67-0.75-0.270.62-0.49-0.63-0.790.13-0.63-0.73-0.84-0.35-0.79-0.42-0.89-0.75-0.72-0.65-0.16-0.8-0.58
0.440.450.360.630.420.460.07-0.39-0.490.390.620.180.40.380.450.350.530.310.370.640.440.410.120.550.53
1.00.250.920.781.00.780.1-1.0-0.630.390.87-0.051.00.740.87-0.010.90.80.360.660.831.00.050.680.74
0.90.430.870.920.890.760.18-0.88-0.790.620.870.010.870.690.870.190.920.690.470.840.80.880.130.750.63
-0.070.11-0.180.2-0.08-0.50.420.020.130.18-0.050.01-0.05-0.05-0.060.33-0.05-0.42-0.10.28-0.49-0.05-0.130.26-0.1
1.00.260.920.781.00.780.09-1.0-0.630.41.00.87-0.050.740.870.00.90.80.360.660.831.00.060.680.75
0.770.30.760.740.760.750.37-0.73-0.730.380.740.69-0.050.740.890.070.790.480.550.650.680.76-0.010.830.5
0.90.20.90.840.890.820.37-0.86-0.840.450.870.87-0.060.870.890.030.950.680.620.730.820.88-0.070.860.7
0.010.730.10.33-0.01-0.060.160.01-0.350.35-0.010.190.330.00.070.030.01-0.430.520.6-0.120.00.460.240.08
0.930.230.920.860.930.830.26-0.9-0.790.530.90.92-0.050.90.790.950.010.780.540.740.870.920.020.790.79
0.80.00.760.50.820.83-0.15-0.79-0.420.310.80.69-0.420.80.480.68-0.430.780.110.290.90.80.030.370.7
0.410.350.50.50.390.540.29-0.33-0.890.370.360.47-0.10.360.550.620.520.540.110.590.480.380.190.630.53
0.690.670.730.950.670.520.44-0.66-0.750.640.660.840.280.660.650.730.60.740.290.590.520.670.30.780.51
0.860.240.870.650.860.98-0.08-0.81-0.720.440.830.8-0.490.830.680.82-0.120.870.90.480.520.840.180.570.75
1.00.260.930.791.00.790.11-1.0-0.650.411.00.88-0.051.00.760.880.00.920.80.380.670.840.060.70.75
0.070.790.110.180.060.21-0.3-0.03-0.160.120.050.13-0.130.06-0.01-0.070.460.020.030.190.30.180.060.020.08
0.710.330.720.830.70.610.42-0.68-0.80.550.680.750.260.680.830.860.240.790.370.630.780.570.70.020.52
0.770.130.750.570.760.70.08-0.72-0.580.530.740.63-0.10.750.50.70.080.790.70.530.510.750.750.080.52
Click cells to compare fundamentals

Ballard Power Account Relationship Matchups

Ballard Power balance sheet Accounts

201920202021202220232024 (projected)
Total Assets340.3M975.6M1.4B1.2B1.1B1.1B
Short Long Term Debt Total19.8M17.9M17.1M15.7M17.9M10.1M
Other Current Liab27.0M29.4M65.3M40.2M51.3M53.8M
Total Current Liabilities64.5M52.1M83.2M73.2M70.6M45.9M
Total Stockholder Equity250.3M900.9M1.3B1.2B991.2M1.0B
Property Plant And Equipment Net42.8M49.3M56.1M82.4M116.3M122.1M
Current Deferred Revenue20.2M9.9M12.1M8.0M4.6M6.3M
Net Debt(128.0M)(745.6M)(1.1B)(898.0M)(733.2M)(696.6M)
Retained Earnings(1.2B)(1.3B)(1.4B)(1.6B)(1.7B)(1.7B)
Accounts Payable14.9M9.1M13.7M20.4M13.7M10.6M
Cash147.8M763.4M1.1B913.7M751.1M788.7M
Non Current Assets Total110.8M121.3M211.8M218.6M211.7M120.3M
Non Currrent Assets Other321K336K343K370K(196.6K)(186.7K)
Cash And Short Term Investments147.8M765.4M1.1B915.7M753.2M790.9M
Net Receivables49.3M56.8M39.8M38.6M50.8M53.3M
Common Stock Shares Outstanding232.8M248.5M295.3M298.1M298.7M313.6M
Liabilities And Stockholders Equity340.3M975.6M1.4B1.2B1.1B1.1B
Non Current Liabilities Total25.5M22.6M29.6M15.0M15.7M15.5M
Inventory30.1M28.5M51.5M58.1M45.9M48.2M
Other Current Assets2.3M3.6M11.0M16.1M14.9M15.6M
Other Stockholder Equity290.6M290.8M297.8M300.8M306.0M414.4M
Total Liab90.1M74.7M112.7M88.2M86.3M61.4M
Property Plant And Equipment Gross42.8M49.3M122.8M157.7M203.2M213.4M
Total Current Assets229.5M854.3M1.2B1.0B860.3M903.3M
Accumulated Other Comprehensive Income813K907K1.7M(1.5M)(3.0M)(3.1M)
Short Term Debt2.4M2.7M3.2M3.9M4.5M3.7M
Other Assets321K336K343K370K333K316.4K
Intangible Assets5.7M3.8M20.8M5.2M1.4M1.3M
Other Liab8.2M7.4M15.7M3.2M2.8M2.7M
Net Tangible Assets204.3M856.8M1.2B1.1B1.3B1.3B
Common Stock Total Equity986.5M1.2B1.2B1.9B2.2B2.3B
Long Term Investments21.6M27.6M70.3M66.4M54.2M57.0M
Common Stock1.2B1.9B2.4B2.4B2.4B1.3B
Property Plant Equipment42.8M49.3M56.1M82.4M74.1M37.5M

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 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

Additional Tools for Ballard Stock Analysis

When running Ballard Power's price analysis, check to measure Ballard Power'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 Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.