Ballard Power Systems Inc
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including techn… Read more
Ballard Power Systems Inc (BLDP) - Total Assets
Latest total assets as of September 2025: $710.46 Million USD
Based on the latest financial reports, Ballard Power Systems Inc (BLDP) holds total assets worth $710.46 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ballard Power Systems Inc - Total Assets Trend (1993–2024)
This chart illustrates how Ballard Power Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ballard Power Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ballard Power Systems Inc's total assets of $710.46 Million consist of 89.9% current assets and 10.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 77.7% |
| Accounts Receivable | $31.98 Million | 4.1% |
| Inventory | $56.42 Million | 7.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.76 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Ballard Power Systems Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ballard Power Systems Inc's current assets represent 89.9% of total assets in 2024, an increase from 89.1% in 1993.
- Cash Position: Cash and equivalents constituted 77.7% of total assets in 2024, up from 29.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 7.3% of total assets.
Ballard Power Systems Inc Competitors by Total Assets
Key competitors of Ballard Power Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Ballard Power Systems Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ballard Power Systems Inc generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ballard Power Systems Inc is currently not profitable relative to its asset base.
Ballard Power Systems Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 8.33 | 9.01 | 16.40 |
| Quick Ratio | 7.53 | 8.19 | 15.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $548.64 Million | $ 660.06 Million | $ 802.22 Million |
Ballard Power Systems Inc - Advanced Valuation Insights
This section examines the relationship between Ballard Power Systems Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.03 |
| Latest Market Cap to Assets Ratio | 0.83 |
| Asset Growth Rate (YoY) | -27.9% |
| Total Assets | $777.31 Million |
| Market Capitalization | $646.59 Million USD |
Valuation Analysis
Near Book Valuation: The market values Ballard Power Systems Inc's assets close to their book value ( 0.83x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Ballard Power Systems Inc's assets decreased by 27.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ballard Power Systems Inc (1993–2024)
The table below shows the annual total assets of Ballard Power Systems Inc from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $777.31 Million | -27.86% |
| 2023-12-31 | $1.08 Billion | -13.59% |
| 2022-12-31 | $1.25 Billion | -13.34% |
| 2021-12-31 | $1.44 Billion | +47.50% |
| 2020-12-31 | $975.60 Million | +186.67% |
| 2019-12-31 | $340.32 Million | -1.67% |
| 2018-12-31 | $346.10 Million | +94.81% |
| 2017-12-31 | $177.66 Million | -3.16% |
| 2016-12-31 | $183.45 Million | +13.71% |
| 2015-12-31 | $161.33 Million | +26.09% |
| 2014-12-31 | $127.95 Million | +6.43% |
| 2013-12-31 | $120.21 Million | -5.75% |
| 2012-12-31 | $127.55 Million | -22.83% |
| 2011-12-31 | $165.29 Million | -12.91% |
| 2010-12-31 | $189.79 Million | -2.85% |
| 2009-12-31 | $195.35 Million | -6.28% |
| 2008-12-31 | $208.44 Million | -30.21% |
| 2007-12-31 | $298.69 Million | -14.67% |
| 2006-12-31 | $350.04 Million | -33.31% |
| 2005-12-31 | $524.87 Million | -20.37% |
| 2004-12-31 | $659.17 Million | -21.04% |
| 2003-12-31 | $834.84 Million | -9.04% |
| 2002-12-31 | $917.80 Million | -4.33% |
| 2001-12-31 | $959.32 Million | +35.75% |
| 2000-12-31 | $706.66 Million | +65.58% |
| 1999-12-31 | $426.79 Million | -4.31% |
| 1998-12-31 | $446.00 Million | +87.16% |
| 1997-12-31 | $238.30 Million | +204.73% |
| 1996-12-31 | $78.20 Million | +120.90% |
| 1995-12-31 | $35.40 Million | +22.92% |
| 1994-12-31 | $28.80 Million | +35.05% |
| 1993-12-31 | $21.32 Million | -- |