Ballard Power Systems Inc (BLDP) - Total Assets
Based on the latest financial reports, Ballard Power Systems Inc (BLDP) holds total assets worth CA$710.46 Million CAD (≈ $513.94 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. Also see Ballard Power Systems Inc (BLDP) market capitalisation for the company's overall valuation and market capitalisation.
Ballard Power Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ballard Power Systems Inc's total assets of CA$710.46 Million consist of 89.9% current assets and 10.1% non-current assets. Review Ballard Power Systems Inc (BLDP) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$603.95 Million | 77.7% |
| Accounts Receivable | CA$31.98 Million | 4.1% |
| Inventory | CA$56.42 Million | 7.3% |
| Property, Plant & Equipment | CA$30.42 Million | 3.9% |
| Intangible Assets | CA$1.76 Million | 0.2% |
| Goodwill | CA$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. See BLDP stock price and chart for real-time trading data and today's change.
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 cash and equivalents at 77.7% 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 |
|---|---|---|
|
Shenzhen Inovance Tech
SHE:300124
|
China | CN¥67.80 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
China | CN¥5.84 Billion |
|
Tongding Interconnection Information
SHE:002491
|
China | CN¥6.10 Billion |
|
Zhejiang Wanma Co Ltd
SHE:002276
|
China | CN¥16.57 Billion |
|
Zenner Metering Technology (Shanghai) Ltd. A
SHE:301303
|
China | CN¥4.70 Billion |
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
China | CN¥4.93 Billion |
|
LS Materials
KQ:417200
|
Korea | ₩269.27 Billion |
|
Shenzhen Jiawei Photovoltaic Lighting Co Ltd
SHE:300317
|
China | CN¥2.85 Billion |
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 | 7.03 | 7.71 | 0.00 |
| Working Capital | CA$548.64 Million | CA$660.06 Million | CA$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 | 1.07 |
| Latest Market Cap to Assets Ratio | 0.85 |
| Asset Growth Rate (YoY) | -27.9% |
| Total Assets | CA$777.31 Million |
| Market Capitalization | $657.00 Million USD |
Valuation Analysis
Near Book Valuation: The market values Ballard Power Systems Inc's assets close to their book value (0.85x), 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 | CA$777.31 Million ≈ $562.29 Million |
-27.86% |
| 2023-12-31 | CA$1.08 Billion ≈ $779.48 Million |
-13.59% |
| 2022-12-31 | CA$1.25 Billion ≈ $902.12 Million |
-13.45% |
| 2021-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
+47.70% |
| 2020-12-31 | CA$975.60 Million ≈ $705.73 Million |
+186.67% |
| 2019-12-31 | CA$340.32 Million ≈ $246.18 Million |
-1.67% |
| 2018-12-31 | CA$346.10 Million ≈ $250.36 Million |
+94.81% |
| 2017-12-31 | CA$177.66 Million ≈ $128.51 Million |
-3.16% |
| 2016-12-31 | CA$183.45 Million ≈ $132.70 Million |
+13.71% |
| 2015-12-31 | CA$161.33 Million ≈ $116.70 Million |
+26.09% |
| 2014-12-31 | CA$127.95 Million ≈ $92.56 Million |
+6.43% |
| 2013-12-31 | CA$120.21 Million ≈ $86.96 Million |
-5.75% |
| 2012-12-31 | CA$127.55 Million ≈ $92.27 Million |
-22.83% |
| 2011-12-31 | CA$165.29 Million ≈ $119.57 Million |
-12.91% |
| 2010-12-31 | CA$189.79 Million ≈ $137.29 Million |
-2.85% |
| 2009-12-31 | CA$195.35 Million ≈ $141.31 Million |
-6.28% |
| 2008-12-31 | CA$208.44 Million ≈ $150.78 Million |
-30.21% |
| 2007-12-31 | CA$298.69 Million ≈ $216.07 Million |
-14.67% |
| 2006-12-31 | CA$350.04 Million ≈ $253.21 Million |
-33.31% |
| 2005-12-31 | CA$524.87 Million ≈ $379.69 Million |
-20.37% |
| 2004-12-31 | CA$659.17 Million ≈ $476.83 Million |
-21.04% |
| 2003-12-31 | CA$834.84 Million ≈ $603.91 Million |
-9.04% |
| 2002-12-31 | CA$917.80 Million ≈ $663.92 Million |
-4.33% |
| 2001-12-31 | CA$959.32 Million ≈ $693.96 Million |
+35.75% |
| 2000-12-31 | CA$706.66 Million ≈ $511.19 Million |
+65.58% |
| 1999-12-31 | CA$426.79 Million ≈ $308.73 Million |
-4.31% |
| 1998-12-31 | CA$446.00 Million ≈ $322.63 Million |
+87.16% |
| 1997-12-31 | CA$238.30 Million ≈ $172.38 Million |
+204.73% |
| 1996-12-31 | CA$78.20 Million ≈ $56.57 Million |
+120.90% |
| 1995-12-31 | CA$35.40 Million ≈ $25.61 Million |
+22.92% |
| 1994-12-31 | CA$28.80 Million ≈ $20.83 Million |
+35.05% |
| 1993-12-31 | CA$21.32 Million ≈ $15.43 Million |
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About 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