Ballard Cash vs Current Deferred Revenue Analysis
BLDP Stock | USD 2.72 0.07 2.51% |
Ballard Power financial indicator trend analysis is way more than just evaluating Ballard Power Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ballard Power Systems is a good investment. Please check the relationship between Ballard Power Cash and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballard Power Systems Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ballard Power's Cash and Current Deferred Revenue is 0.1. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ballard Power Systems, assuming nothing else is changed. The correlation between historical values of Ballard Power's Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ballard Power Systems are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Ballard Power's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Ballard Power Systems, which is listed under current asset account on Ballard Power Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ballard Power customers. The amounts must be unrestricted with restricted cash listed in a different Ballard Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Ballard Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ballard Power Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Ballard Power's Discontinued Operations is relatively stable compared to the past year. As of 06/07/2024, Tax Provision is likely to grow to about 165.9 K, while Sales General And Administrative To Revenue is likely to drop 0.16.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 102.0M | 145.8M | 134.0M | 77.2M | Cost Of Revenue | 90.5M | 96.9M | 135.2M | 141.9M |
Ballard Power fundamental ratios Correlations
Click cells to compare fundamentals
Ballard Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ballard Power fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 340.3M | 975.6M | 1.4B | 1.2B | 1.1B | 1.1B | |
Short Long Term Debt Total | 19.8M | 17.9M | 17.1M | 15.7M | 17.8M | 10.1M | |
Other Current Liab | 27.0M | 30.4M | 54.1M | 40.8M | 47.5M | 49.9M | |
Total Current Liabilities | 64.5M | 52.1M | 83.2M | 73.2M | 70.2M | 45.9M | |
Total Stockholder Equity | 250.3M | 900.9M | 1.3B | 1.2B | 986.1M | 1.0B | |
Property Plant And Equipment Net | 42.8M | 49.3M | 56.1M | 82.4M | 115.7M | 121.5M | |
Current Deferred Revenue | 20.2M | 9.9M | 12.1M | 8.0M | 4.6M | 6.3M | |
Net Debt | (128.0M) | (745.6M) | (1.1B) | (898.0M) | (729.5M) | (693.0M) | |
Retained Earnings | (1.2B) | (1.3B) | (1.4B) | (1.6B) | (1.7B) | (1.6B) | |
Accounts Payable | 14.9M | 9.1M | 13.7M | 20.4M | 13.7M | 10.6M | |
Cash | 147.8M | 763.4M | 1.1B | 913.7M | 747.3M | 784.7M | |
Non Current Assets Total | 110.8M | 121.3M | 211.8M | 218.6M | 211.7M | 120.3M | |
Non Currrent Assets Other | 321K | 336K | 343K | 370K | 544.2K | 517.0K | |
Cash And Short Term Investments | 147.8M | 765.4M | 1.1B | 915.7M | 749.4M | 786.9M | |
Net Receivables | 49.3M | 56.8M | 46.4M | 48.7M | 58.3M | 61.2M | |
Common Stock Shares Outstanding | 232.8M | 248.5M | 295.3M | 298.1M | 298.7M | 313.6M | |
Liabilities And Stockholders Equity | 340.3M | 975.6M | 1.4B | 1.2B | 1.1B | 1.1B | |
Non Current Liabilities Total | 25.5M | 22.6M | 29.6M | 15.0M | 15.7M | 15.5M | |
Inventory | 30.1M | 28.5M | 51.5M | 58.1M | 45.6M | 47.9M | |
Other Current Assets | 2.3M | 3.6M | 4.4M | 6.0M | 7.0M | 4.5M | |
Other Stockholder Equity | 290.6M | 290.8M | 297.8M | 300.8M | 304.5M | 414.4M | |
Total Liab | 90.1M | 74.7M | 112.7M | 88.2M | 85.9M | 61.4M | |
Property Plant And Equipment Gross | 42.8M | 49.3M | 122.8M | 157.7M | 203.2M | 213.4M | |
Total Current Assets | 229.5M | 854.3M | 1.2B | 1.0B | 860.3M | 903.3M | |
Accumulated Other Comprehensive Income | 813K | 907K | 1.7M | (1.5M) | (2.9M) | (3.1M) | |
Short Term Debt | 2.4M | 2.7M | 3.2M | 3.9M | 4.5M | 3.7M | |
Other Assets | 321K | 336K | 343K | 370K | 333K | 316.4K | |
Intangible Assets | 5.7M | 3.8M | 20.8M | 5.2M | 1.4M | 1.3M | |
Other Liab | 8.2M | 7.4M | 15.7M | 3.2M | 2.8M | 2.7M | |
Net Tangible Assets | 204.3M | 856.8M | 1.2B | 1.1B | 1.3B | 1.3B | |
Common Stock Total Equity | 986.5M | 1.2B | 1.2B | 1.9B | 2.2B | 2.3B | |
Long Term Investments | 21.6M | 27.6M | 70.3M | 66.4M | 54.2M | 57.0M | |
Common Stock | 1.2B | 1.9B | 2.4B | 2.4B | 2.4B | 1.3B | |
Property Plant Equipment | 42.8M | 49.3M | 56.1M | 82.4M | 74.1M | 37.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Tools for Ballard Stock Analysis
When running Ballard Power's price analysis, check to measure Ballard Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.