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. Explore Plug Power Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Relay Therapeutics Inc
NASDAQ:RLAY
|
USA | $57.43 Million |
|
First BanCorp
F:OLWN
|
Germany | €17.40 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
India | Rs21.48 Billion |
|
NMI Holdings Inc
NASDAQ:NMIH
|
USA | $1.25 Trillion |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
Netherlands | €1.12 Billion |
|
ERMENEGILDO ZEG.DL -0001
F:JN0
|
Germany | €1.74 Billion |
|
Chunghwa Precision Test Tech Co Ltd
TWO:6510
|
Taiwan | NT$1.17 Billion |
|
Rede Energia Participações S.A
SA:REDE3
|
Brazil | R$28.80 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 complete balance sheet picture, see PLUG asset base.
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