Ballard Power Systems Inc (BLDP) — Defensive Interval Ratio
Ballard Power Systems Inc (BLDP) has a Defensive Interval Ratio of 2734 days as of September 2025. Defensive assets of CA$560.28 Million (cash CA$525.74 Million, short-term investments CA$2.11 Million, receivables CA$32.43 Million) cover 2734 days of daily cash needs of CA$204.96K/day. Check BLDP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ballard Power Systems Inc Defensive Interval Ratio (1993–2024)
This chart shows how Ballard Power Systems Inc's Defensive Interval Ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 2734 days, meaning defensive assets of CA$560.28 Million can fund 2734 days of operations without new revenue. Also explore BLDP year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ballard Power Systems Inc (1993–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ballard Power Systems Inc from 1993 to 2024, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see BLDP market cap overview.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 3081 days | CA$638.03 Million | CA$207.08K/day | CA$603.95 Million | CA$2.10 Million | ▼ -1117 days |
| 2023 | 4198 days | CA$811.81 Million | CA$193.39K/day | CA$751.13 Million | CA$2.11 Million | ▼ -563 days |
| 2022 | 4761 days | CA$954.33 Million | CA$200.46K/day | CA$913.73 Million | CA$2.01 Million | ▼ -389 days |
| 2021 | 5150 days | CA$1.17 Billion | CA$227.83K/day | CA$1.12 Billion | CA$3.00 Million | ▼ -575 days |
| 2020 | 5724 days | CA$816.96 Million | CA$142.72K/day | CA$763.43 Million | CA$2.00 Million | ▲ +4628 days |
| 2019 | 1096 days | CA$193.76 Million | CA$176.76K/day | CA$147.79 Million | CA$- | ▼ -610 days |
| 2018 | 1706 days | CA$223.05 Million | CA$130.71K/day | CA$192.24 Million | CA$- | ▲ +950 days |
| 2017 | 756 days | CA$81.70 Million | CA$108.01K/day | CA$60.26 Million | CA$- | ▲ +47 days |
| 2016 | 709 days | CA$83.65 Million | CA$117.93K/day | CA$72.63 Million | CA$- | ▲ +423 days |
| 2015 | 286 days | CA$23.66 Million | CA$82.71K/day | CA$- | CA$- | ▲ +122 days |
| 2014 | 164 days | CA$11.22 Million | CA$68.22K/day | CA$- | CA$- | ▼ -16 days |
| 2013 | 180 days | CA$13.03 Million | CA$72.41K/day | CA$- | CA$- | ▼ -79 days |
| 2012 | 259 days | CA$28.44 Million | CA$109.84K/day | CA$- | CA$12.07 Million | ▼ -119 days |
| 2011 | 378 days | CA$43.04 Million | CA$113.79K/day | CA$- | CA$25.88 Million | ▲ +23 days |
| 2010 | 355 days | CA$34.12 Million | CA$96.14K/day | CA$- | CA$22.51 Million | ▼ -275 days |
| 2009 | 629 days | CA$51.84 Million | CA$82.35K/day | CA$- | CA$38.93 Million | ▼ -59 days |
| 2008 | 688 days | CA$50.17 Million | CA$72.90K/day | CA$- | CA$31.31 Million | ▼ -1148 days |
| 2007 | 1836 days | CA$115.20 Million | CA$62.73K/day | CA$- | CA$96.23 Million | ▲ +327 days |
| 2006 | 1509 days | CA$140.58 Million | CA$93.16K/day | CA$- | CA$125.67 Million | ▲ +649 days |
| 2005 | 860 days | CA$98.78 Million | CA$114.84K/day | CA$- | CA$84.11 Million | ▲ +534 days |
| 2004 | 326 days | CA$61.78 Million | CA$189.51K/day | CA$- | CA$51.51 Million | ▼ -2 days |
| 2003 | 328 days | CA$71.66 Million | CA$218.55K/day | CA$- | CA$49.01 Million | ▼ -470 days |
| 2002 | 797 days | CA$167.95 Million | CA$210.62K/day | CA$- | CA$139.64 Million | ▼ -598 days |
| 2001 | 1396 days | CA$297.79 Million | CA$213.35K/day | CA$- | CA$280.48 Million | ▼ -1884 days |
| 2000 | 3280 days | CA$336.11 Million | CA$102.47K/day | CA$- | CA$320.74 Million | ▲ +959 days |
| 1999 | 2321 days | CA$206.41 Million | CA$88.92K/day | CA$- | CA$187.86 Million | ▲ +2210 days |
| 1998 | 112 days | CA$8.90 Million | CA$79.73K/day | CA$- | CA$- | ▼ -142 days |
| 1997 | 253 days | CA$15.00 Million | CA$59.18K/day | CA$- | CA$- | ▲ +31 days |
| 1996 | 222 days | CA$7.80 Million | CA$35.07K/day | CA$- | CA$- | ▲ +40 days |
| 1995 | 183 days | CA$4.80 Million | CA$26.30K/day | CA$- | CA$- | ▲ +26 days |
| 1994 | 157 days | CA$5.50 Million | CA$35.07K/day | CA$- | CA$- | ▼ -8 days |
| 1993 | 165 days | CA$3.16 Million | CA$19.20K/day | CA$- | CA$- | — |