Plug Power Inc (PLUG) - Total Liabilities
Based on the latest financial reports, Plug Power Inc (PLUG) has total liabilities worth $1.61 Billion USD as of September 2025. 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. Explore Plug Power Inc (PLUG) cash conversion ratio to assess how effectively this company generates cash.
Plug Power Inc - Total Liabilities Trend (1998–2024)
This chart illustrates how Plug Power Inc's total liabilities have evolved over time, based on quarterly financial data. Check Plug Power Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
China | CN¥1.61 Billion |
|
Acer Inc
TW:2353
|
Taiwan | NT$157.37 Billion |
|
Jiangsu Eazytec Co Ltd
SHG:688258
|
China | CN¥697.80 Million |
|
CLARIANT ADR 1/SF 4
F:CLRS
|
Germany | €3.69 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
China | CN¥3.76 Billion |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
Australia | AU$133.68 Million |
|
Arcutis Biotherapeutics Inc
NASDAQ:ARQT
|
USA | $243.49 Million |
|
HEXPOL AB (publ)
ST:HPOL-B
|
Sweden | Skr8.94 Billion |
Liability Composition Analysis (1998–2024)
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 | 1.32 | 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 | 1.13 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.52 | 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 (1998–2024)
The table below shows the annual total liabilities of Plug Power Inc from 1998 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirem… Read more