Ballard Power Systems Inc (BLDP) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.038x

Based on the latest financial reports, Ballard Power Systems Inc (BLDP) has a cash flow conversion efficiency ratio of -0.038x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-22.86 Million ≈ $-16.53 Million USD) by net assets (CA$606.82 Million ≈ $438.97 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Ballard Power Systems Inc for the company's overall valuation and market capitalisation.

Ballard Power Systems Inc - Cash Flow Conversion Efficiency Trend (1993–2024)

This chart illustrates how Ballard Power Systems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Ballard Power Systems Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ballard Power Systems Inc ranked by their cash flow conversion efficiency. Explore earnings quality score of Ballard Power Systems Inc to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Hunan Airbluer Environmental Protection Technology Co. Ltd. SHE:301259	N/A
King-Strong New Material Technology Co Ltd SHE:300629	-0.006x
COMPASS PATHW SP.ADR F:5Y6	-0.477x
IRESS LTD F:BRF	N/A
Liberty Broadband Srs A NASDAQ:LBRDA	-0.012x
Biotest Aktiengesellschaft XETRA:BIO3	-0.114x
Shanghai Kelai Mechatronics SHG:603960	0.027x
Chapters Group AG XETRA:CHG	0.040x

Annual Cash Flow Conversion Efficiency for Ballard Power Systems Inc (1993–2024)

The table below shows the annual cash flow conversion efficiency of Ballard Power Systems Inc from 1993 to 2024. View BLDP stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$672.99 Million ≈ $486.83 Million	CA$-108.10 Million ≈ $-78.20 Million	-0.161x	-52.26%
2023-12-31	CA$991.22 Million ≈ $717.03 Million	CA$-104.57 Million ≈ $-75.64 Million	-0.105x	+7.52%
2022-12-31	CA$1.16 Billion ≈ $838.34 Million	CA$-132.20 Million ≈ $-95.63 Million	-0.114x	-88.27%
2021-12-31	CA$1.33 Billion ≈ $960.81 Million	CA$-80.48 Million ≈ $-58.22 Million	-0.061x	-27.14%
2020-12-31	CA$900.89 Million ≈ $651.69 Million	CA$-42.93 Million ≈ $-31.06 Million	-0.048x	+16.18%
2019-12-31	CA$250.26 Million ≈ $181.04 Million	CA$-14.23 Million ≈ $-10.29 Million	-0.057x	+49.29%
2018-12-31	CA$282.60 Million ≈ $204.43 Million	CA$-31.69 Million ≈ $-22.92 Million	-0.112x	-37.59%
2017-12-31	CA$119.86 Million ≈ $86.70 Million	CA$-9.77 Million ≈ $-7.07 Million	-0.081x	-153.73%
2016-12-31	CA$121.54 Million ≈ $87.92 Million	CA$-3.90 Million ≈ $-2.82 Million	-0.032x	+85.87%
2015-12-31	CA$111.61 Million ≈ $80.74 Million	CA$-25.36 Million ≈ $-18.35 Million	-0.227x	+12.89%
2014-12-31	CA$79.23 Million ≈ $57.32 Million	CA$-20.67 Million ≈ $-14.95 Million	-0.261x	-5.24%
2013-12-31	CA$70.25 Million ≈ $50.82 Million	CA$-17.42 Million ≈ $-12.60 Million	-0.248x	+48.91%
2012-12-31	CA$58.00 Million ≈ $41.96 Million	CA$-28.15 Million ≈ $-20.36 Million	-0.485x	-34.89%
2011-12-31	CA$92.34 Million ≈ $66.80 Million	CA$-33.22 Million ≈ $-24.03 Million	-0.360x	-56.94%
2010-12-31	CA$127.88 Million ≈ $92.50 Million	CA$-29.31 Million ≈ $-21.20 Million	-0.229x	-35.11%
2009-12-31	CA$158.92 Million ≈ $114.96 Million	CA$-26.96 Million ≈ $-19.50 Million	-0.170x	-4.44%
2008-12-31	CA$161.33 Million ≈ $116.71 Million	CA$-26.21 Million ≈ $-18.96 Million	-0.162x	-32.38%
2007-12-31	CA$258.19 Million ≈ $186.77 Million	CA$-31.68 Million ≈ $-22.92 Million	-0.123x	+12.26%
2006-12-31	CA$305.09 Million ≈ $220.70 Million	CA$-42.67 Million ≈ $-30.87 Million	-0.140x	+13.82%
2005-12-31	CA$472.81 Million ≈ $342.03 Million	CA$-76.73 Million ≈ $-55.50 Million	-0.162x	-19.26%
2004-12-31	CA$575.09 Million ≈ $416.01 Million	CA$-78.26 Million ≈ $-56.61 Million	-0.136x	-136.00%
2003-12-31	CA$741.70 Million ≈ $536.54 Million	CA$-42.77 Million ≈ $-30.94 Million	-0.058x	+62.17%
2002-12-31	CA$829.52 Million ≈ $600.06 Million	CA$-126.45 Million ≈ $-91.47 Million	-0.152x	-143.09%
2001-12-31	CA$873.72 Million ≈ $632.04 Million	CA$-54.79 Million ≈ $-39.63 Million	-0.063x	-5.14%
2000-12-31	CA$665.13 Million ≈ $481.15 Million	CA$-39.67 Million ≈ $-28.70 Million	-0.060x	+48.22%
1999-12-31	CA$394.10 Million ≈ $285.09 Million	CA$-45.40 Million ≈ $-32.84 Million	-0.115x	-2722.97%
1998-12-31	CA$416.60 Million ≈ $301.36 Million	CA$-1.70 Million ≈ $-1.23 Million	-0.004x	+90.99%
1997-12-31	CA$216.40 Million ≈ $156.54 Million	CA$-9.80 Million ≈ $-7.09 Million	-0.045x	+70.86%
1996-12-31	CA$65.00 Million ≈ $47.02 Million	CA$-10.10 Million ≈ $-7.31 Million	-0.155x	+56.03%
1995-12-31	CA$24.90 Million ≈ $18.01 Million	CA$-8.80 Million ≈ $-6.37 Million	-0.353x	-5401.20%
1994-12-31	CA$15.00 Million ≈ $10.85 Million	CA$100.00K ≈ $72.34K	0.007x	-95.47%
1993-12-31	CA$12.81 Million ≈ $9.27 Million	CA$1.88 Million ≈ $1.36 Million	0.147x	--

About Ballard Power Systems Inc

TO:BLDP Canada Electrical Equipment & Parts

Market Cap

$657.00 Million

CA$908.23 Million CAD

Market Cap Rank

#10967 Global

#321 in Canada

Share Price

CA$3.02

Change (1 day)

-0.98%

52-Week Range

CA$2.69 - CA$8.82

All Time High

CA$52.23