Ballard Non Current Liabilities Total vs Other Current Assets 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 Non Current Liabilities Total and its Other Current Assets 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.
Non Current Liabilities Total vs Other Current Assets
Non Current Liabilities Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballard Power Systems Non Current Liabilities Total account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Ballard Power's Non Current Liabilities Total and Other Current Assets is -0.71. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets 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 Non Current Liabilities Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ballard Power Systems are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Ballard Power's Non Current Liabilities Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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
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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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