Ballard Power Systems Inc (BLDP) — Financial Flexibility Index
Ballard Power Systems Inc (BLDP) has a Financial Flexibility Index of -0.21x as of September 2025. Free cash flow of CA$-21.46 Million (operating CF CA$-22.86 Million minus capex CA$1.40 Million) represents 0% of total liabilities (CA$103.64 Million). Check BLDP cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ballard Power Systems Inc Financial Flexibility Index (1993–2024)
Historical Financial Flexibility Index trend for Ballard Power Systems Inc across 32 annual periods. For the full cash flow conversion analysis, see Ballard Power Systems Inc operating cash flow efficiency.
Annual Financial Flexibility Index for Ballard Power Systems Inc (1993–2024)
Year-by-year free cash flow to debt coverage for Ballard Power Systems Inc. Explore Ballard Power Systems Inc (BLDP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.77x | CA$-80.48 Million | CA$-108.10 Million | CA$104.32 Million | ▼ -5.4% |
| 2023 | -0.73x | CA$-63.20 Million | CA$-104.57 Million | CA$86.33 Million | ▲ +33.9% |
| 2022 | -1.11x | CA$-97.72 Million | CA$-132.20 Million | CA$88.17 Million | ▼ -89.9% |
| 2021 | -0.58x | CA$-65.78 Million | CA$-80.48 Million | CA$112.73 Million | ▼ -45.0% |
| 2020 | -0.40x | CA$-30.07 Million | CA$-42.93 Million | CA$74.71 Million | ▼ -12144.3% |
| 2019 | 0.00x | CA$-296.00K | CA$-14.23 Million | CA$90.06 Million | ▲ +99.0% |
| 2018 | -0.34x | CA$-21.83 Million | CA$-31.69 Million | CA$63.50 Million | ▼ -497.9% |
| 2017 | -0.06x | CA$-3.32 Million | CA$-9.77 Million | CA$57.80 Million | ▼ -219.6% |
| 2016 | 0.05x | CA$2.98 Million | CA$-3.90 Million | CA$61.90 Million | ▲ +111.1% |
| 2015 | -0.43x | CA$-21.48 Million | CA$-25.36 Million | CA$49.72 Million | ▼ -28.1% |
| 2014 | -0.34x | CA$-16.43 Million | CA$-20.67 Million | CA$48.72 Million | ▲ +0.5% |
| 2013 | -0.34x | CA$-16.93 Million | CA$-17.42 Million | CA$49.96 Million | ▲ +12.6% |
| 2012 | -0.39x | CA$-26.98 Million | CA$-28.15 Million | CA$69.55 Million | ▲ +2.8% |
| 2011 | -0.40x | CA$-29.11 Million | CA$-33.22 Million | CA$72.94 Million | ▲ +4.4% |
| 2010 | -0.42x | CA$-25.86 Million | CA$-29.31 Million | CA$61.91 Million | ▲ +24.6% |
| 2009 | -0.55x | CA$-20.18 Million | CA$-26.96 Million | CA$36.43 Million | ▼ -15.2% |
| 2008 | -0.48x | CA$-22.65 Million | CA$-26.21 Million | CA$47.11 Million | ▲ +23.0% |
| 2007 | -0.62x | CA$-25.30 Million | CA$-31.68 Million | CA$40.50 Million | ▲ +17.3% |
| 2006 | -0.76x | CA$-33.94 Million | CA$-42.67 Million | CA$44.95 Million | ▲ +43.9% |
| 2005 | -1.35x | CA$-70.12 Million | CA$-76.73 Million | CA$52.06 Million | ▼ -59.1% |
| 2004 | -0.85x | CA$-71.17 Million | CA$-78.26 Million | CA$84.08 Million | ▼ -112.8% |
| 2003 | -0.40x | CA$-37.05 Million | CA$-42.77 Million | CA$93.13 Million | ▲ +66.9% |
| 2002 | -1.20x | CA$-106.11 Million | CA$-126.45 Million | CA$88.29 Million | ▼ -182.2% |
| 2001 | -0.43x | CA$-36.46 Million | CA$-54.79 Million | CA$85.60 Million | ▲ +3.2% |
| 2000 | -0.44x | CA$-18.27 Million | CA$-39.67 Million | CA$41.52 Million | ▲ +48.2% |
| 1999 | -0.85x | CA$-27.74 Million | CA$-45.40 Million | CA$32.69 Million | ▼ -257.9% |
| 1998 | 0.54x | CA$15.80 Million | CA$-1.70 Million | CA$29.40 Million | ▲ +611.7% |
| 1997 | -0.11x | CA$-2.30 Million | CA$-9.80 Million | CA$21.90 Million | ▲ +50.5% |
| 1996 | -0.21x | CA$-2.80 Million | CA$-10.10 Million | CA$13.20 Million | ▲ +36.4% |
| 1995 | -0.33x | CA$-3.50 Million | CA$-8.80 Million | CA$10.50 Million | ▼ -330.0% |
| 1994 | 0.14x | CA$2.00 Million | CA$100.00K | CA$13.80 Million | ▼ -51.8% |
| 1993 | 0.30x | CA$2.56 Million | CA$1.88 Million | CA$8.51 Million | — |