Ballard Cash And Short Term Investments vs Accounts Payable 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 Short Term Investments and its Accounts Payable 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 And Short Term Investments vs Accounts Payable
Cash And Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballard Power Systems Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ballard Power's Cash And Short Term Investments and Accounts Payable is 0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable 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 Short Term Investments and Accounts Payable 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 And Short Term Investments of Ballard Power Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., Ballard Power's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Ballard Power Systems balance sheet. This account contains Ballard Power investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ballard Power Systems fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Accounts Payable
An accounting item on the balance sheet that represents Ballard Power obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ballard Power Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 06/08/2024, 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
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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 |
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