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$103.64 Million). Check strategic asset allocation of Ballard Power Systems Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ballard Power Systems Inc Financial Flexibility Index (1993–2024)
Historical Financial Flexibility Index trend for Ballard Power Systems Inc across 32 annual periods. See BLDP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Ballard Power Systems Inc (1993–2024)
Year-by-year free cash flow to debt coverage for Ballard Power Systems Inc. For the full company profile including market capitalisation, see BLDP stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.77x | CA$-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 | — |