Ballard Power Systems Inc (BLDP) — Net Asset Quality Index
Ballard Power Systems Inc (BLDP) has a Net Asset Quality Index of 85.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$710.46 Million minus total liabilities of CA$103.64 Million yields net assets of CA$606.82 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Ballard Power Systems Inc (BLDP) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Ballard Power Systems Inc Net Asset Quality Index Over Time (1993–2024)
This chart shows how Ballard Power Systems Inc's Net Asset Quality Index has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the index stands at 85.4%, representing net assets of CA$606.82 Million against total assets of CA$710.46 Million CAD. For live market cap and overall valuation, see Ballard Power Systems Inc market cap and net worth.
Annual Net Asset Quality Index for Ballard Power Systems Inc (1993–2024)
The table below presents the year-by-year Net Asset Quality Index for Ballard Power Systems Inc from 1993 to 2024, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of Ballard Power Systems Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 86.6% | CA$672.99 Million | CA$777.31 Million | CA$104.32 Million | ▼ -5.4 pp |
| 2023 | 92.0% | CA$991.22 Million | CA$1.08 Billion | CA$86.33 Million | ▼ -0.9 pp |
| 2022 | 92.9% | CA$1.16 Billion | CA$1.25 Billion | CA$88.17 Million | ▲ +0.8 pp |
| 2021 | 92.2% | CA$1.33 Billion | CA$1.44 Billion | CA$112.73 Million | ▼ -0.2 pp |
| 2020 | 92.3% | CA$900.89 Million | CA$975.60 Million | CA$74.71 Million | ▲ +18.8 pp |
| 2019 | 73.5% | CA$250.26 Million | CA$340.32 Million | CA$90.06 Million | ▼ -8.1 pp |
| 2018 | 81.7% | CA$282.60 Million | CA$346.10 Million | CA$63.50 Million | ▲ +14.2 pp |
| 2017 | 67.5% | CA$119.86 Million | CA$177.66 Million | CA$57.80 Million | ▲ +1.2 pp |
| 2016 | 66.3% | CA$121.54 Million | CA$183.45 Million | CA$61.90 Million | ▼ -2.9 pp |
| 2015 | 69.2% | CA$111.61 Million | CA$161.33 Million | CA$49.72 Million | ▲ +7.3 pp |
| 2014 | 61.9% | CA$79.23 Million | CA$127.95 Million | CA$48.72 Million | ▲ +3.5 pp |
| 2013 | 58.4% | CA$70.25 Million | CA$120.21 Million | CA$49.96 Million | ▲ +13.0 pp |
| 2012 | 45.5% | CA$58.00 Million | CA$127.55 Million | CA$69.55 Million | ▼ -10.4 pp |
| 2011 | 55.9% | CA$92.34 Million | CA$165.29 Million | CA$72.94 Million | ▼ -11.5 pp |
| 2010 | 67.4% | CA$127.88 Million | CA$189.79 Million | CA$61.91 Million | ▼ -14.0 pp |
| 2009 | 81.4% | CA$158.92 Million | CA$195.35 Million | CA$36.43 Million | ▲ +4.0 pp |
| 2008 | 77.4% | CA$161.33 Million | CA$208.44 Million | CA$47.11 Million | ▼ -9.0 pp |
| 2007 | 86.4% | CA$258.19 Million | CA$298.69 Million | CA$40.50 Million | ▼ -0.7 pp |
| 2006 | 87.2% | CA$305.09 Million | CA$350.04 Million | CA$44.95 Million | ▼ -2.9 pp |
| 2005 | 90.1% | CA$472.81 Million | CA$524.87 Million | CA$52.06 Million | ▲ +2.8 pp |
| 2004 | 87.2% | CA$575.09 Million | CA$659.17 Million | CA$84.08 Million | ▼ -1.6 pp |
| 2003 | 88.8% | CA$741.70 Million | CA$834.84 Million | CA$93.13 Million | ▼ -1.5 pp |
| 2002 | 90.4% | CA$829.52 Million | CA$917.80 Million | CA$88.29 Million | ▼ -0.7 pp |
| 2001 | 91.1% | CA$873.72 Million | CA$959.32 Million | CA$85.60 Million | ▼ -3.0 pp |
| 2000 | 94.1% | CA$665.13 Million | CA$706.66 Million | CA$41.52 Million | ▲ +1.8 pp |
| 1999 | 92.3% | CA$394.10 Million | CA$426.79 Million | CA$32.69 Million | ▼ -1.1 pp |
| 1998 | 93.4% | CA$416.60 Million | CA$446.00 Million | CA$29.40 Million | ▲ +2.6 pp |
| 1997 | 90.8% | CA$216.40 Million | CA$238.30 Million | CA$21.90 Million | ▲ +7.7 pp |
| 1996 | 83.1% | CA$65.00 Million | CA$78.20 Million | CA$13.20 Million | ▲ +12.8 pp |
| 1995 | 70.3% | CA$24.90 Million | CA$35.40 Million | CA$10.50 Million | ▲ +18.3 pp |
| 1994 | 52.1% | CA$15.00 Million | CA$28.80 Million | CA$13.80 Million | ▼ -8.0 pp |
| 1993 | 60.1% | CA$12.81 Million | CA$21.32 Million | CA$8.51 Million | — |