Ballard Power Systems Inc Cash Flow Conversion Efficiency

Latest as of September 2025: -0.038x

Ballard Power Systems Inc cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Ballard Power Systems Inc from 1993 to 2024. This chart illustrates how Ballard Power Systems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View BLDP share price today for real-time trading data and today's change.

Ballard Power Systems Inc Cash Flow Conversion Ratio Explained

Ballard Power Systems Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see how much is Ballard Power Systems Inc worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Invesco Quality Municipal Income Closed Fund NYSE:IQI	0.018x
Citychamp Dartong Co Ltd SHG:600067	0.213x
Wijaya Karya Beton PT JK:WIKA	-0.044x
Minto Apartment Real Estate Investment Trust TO:MI-UN	0.017x
Shakti Pumps (India) Limited NSE:SHAKTIPUMP	-0.280x
Nexxen International Ltd NASDAQ:NEXN	-0.045x
Franklin BSP Realty Trust Inc NYSE:FBRT	-0.036x
Healthcare Co Ltd SHG:603313	0.109x

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. Review Ballard Power Systems Inc (BLDP) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

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

$476.43 Million

CA$658.62 Million CAD

Market Cap Rank

#12121 Global

#362 in Canada

Share Price

CA$2.19

Change (1 day)

+3.79%

52-Week Range

CA$2.01 - CA$8.82

All Time High

CA$52.23