Plug Power Inc (PLUG) - Total Liabilities
Based on the latest financial reports, Plug Power Inc (PLUG) has total liabilities worth $1.59 Billion USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Plug Power Inc - Total Liabilities Trend (1998–2025)
This chart illustrates how Plug Power Inc's total liabilities have evolved over time, based on quarterly financial data. See how liquid is Plug Power Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Plug Power Inc Competitors by Total Liabilities
The table below lists competitors of Plug Power Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Brighthouse Financial Inc
NASDAQ:BHF
|
USA | $238.25 Billion |
|
TUI AG
XETRA:TUI1
|
Germany | €14.08 Billion |
|
Brickworks Ltd
AU:BKW
|
Australia | AU$2.45 Billion |
|
Secure Energy Services Inc.
TO:SES
|
Canada | CA$2.09 Billion |
|
Hinge Health, Inc.
NYSE:HNGE
|
USA | $366.23 Million |
|
Olav Thon Eien
OL:OLT
|
Norway | Nkr32.70 Billion |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
China | CN¥25.50 Billion |
|
Hefei Chipmore Technology Co. Ltd. A
SHG:688352
|
China | CN¥2.14 Billion |
Liability Composition Analysis (1998–2025)
This chart breaks down Plug Power Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see market value of Plug Power Inc.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.36 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.13 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.67 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Plug Power Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Plug Power Inc (1998–2025)
The table below shows the annual total liabilities of Plug Power Inc from 1998 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | -11.36% |
| 2024-12-31 | $1.80 Billion | -10.45% |
| 2023-12-31 | $2.00 Billion | +17.64% |
| 2022-12-31 | $1.70 Billion | +26.75% |
| 2021-12-31 | $1.34 Billion | +74.63% |
| 2020-12-31 | $769.83 Million | +15.91% |
| 2019-12-31 | $664.16 Million | +71.35% |
| 2018-12-31 | $387.61 Million | +96.59% |
| 2017-12-31 | $197.16 Million | +26.59% |
| 2016-12-31 | $155.74 Million | +83.83% |
| 2015-12-31 | $84.72 Million | +77.99% |
| 2014-12-31 | $47.60 Million | -10.58% |
| 2013-12-31 | $53.23 Million | +117.88% |
| 2012-12-31 | $24.43 Million | -8.23% |
| 2011-12-31 | $26.62 Million | +63.68% |
| 2010-12-31 | $16.26 Million | -78.58% |
| 2009-12-31 | $75.92 Million | -8.81% |
| 2008-12-31 | $83.25 Million | +327.10% |
| 2007-12-31 | $19.49 Million | +45.55% |
| 2006-12-31 | $13.39 Million | -9.70% |
| 2005-12-31 | $14.83 Million | -6.64% |
| 2004-12-31 | $15.88 Million | -2.56% |
| 2003-12-31 | $16.30 Million | +1.98% |
| 2002-12-31 | $15.99 Million | -2.35% |
| 2001-12-31 | $16.37 Million | -1.96% |
| 2000-12-31 | $16.70 Million | +13.45% |
| 1999-12-31 | $14.72 Million | +466.12% |
| 1998-12-31 | $2.60 Million | -- |
About Plug Power Inc
Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, genera… Read more