Ballard Power Systems Inc Total Assets

Latest as of September 2025: CA$710.46 Million CAD ≈ $513.94 Million USD

Ballard Power Systems Inc 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. Also see BLDP stock market capitalisation for the company's overall valuation and market capitalisation.

Total Assets of Ballard Power Systems Inc (1993–2024)

Total assets of Ballard Power Systems Inc from 1993 to 2024. This chart illustrates how Ballard Power Systems Inc's total assets have evolved over time, based on quarterly financial data. See BLDP share price today for real-time trading data and today's change.

Ballard Power Systems Inc - Asset Composition Analysis

Ballard Power Systems Inc Total Assets Breakdown (December 2024)

Ballard Power Systems Inc total assets breakdown as of 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.

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. Explore BLDP net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.

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
Ecopro BM. Co. Ltd
KQ:247540
Korea ₩4.62 Trillion
Chengdu Xuguang Electronics Co Ltd
SHG:600353
China CN¥3.55 Billion
Nuode Investment Co Ltd
SHG:600110
China CN¥21.10 Billion
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
China CN¥4.48 Billion
Hunan Changyuan Lico Co Ltd
SHG:688779
China CN¥14.12 Billion
China National Electric Apparatus R
SHG:688128
China CN¥8.44 Billion
North Electro-Optic Co Ltd
SHG:600184
China CN¥5.45 Billion
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
China CN¥6.99 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 0.61
Asset Growth Rate (YoY) -27.9%
Total Assets CA$777.31 Million
Market Capitalization $476.43 Million USD

Valuation Analysis

Below Book Valuation: The market values Ballard Power Systems Inc's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.

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

TO:BLDP Canada Electrical Equipment & Parts
Market Cap
$476.43 Million
CA$658.62 Million CAD
Market Cap Rank
#12121 Global
#362 in Canada
Share Price
CA$2.19
Change (1 day)
+3.79%
52-Week Range
CA$2.01 - CA$8.82
All Time High
CA$52.23
About

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