Ballard Property Plant And Equipment Net vs Cash Analysis

BLDP Stock

USD 2.73 0.06 2.15%

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 Property Plant And Equipment Net and its Cash 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.

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballard Power Systems Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ballard Power's Property Plant And Equipment Net and Cash is 0.78. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ballard Power Systems are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Ballard Power's Property Plant And Equipment Net and Cash go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.

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

Total Operating Expenses Cost Of Revenue

Ballard Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Good Will
Total Assets		0.28	0.95	0.8	1.0	0.82	0.11	-0.99	-0.68	0.44	1.0	0.9	0.78	1.0	0.85	0.9	0.01	0.93	0.5	0.41	0.69	0.86	1.0	0.07	0.71	0.77
Short Long Term Debt Total	0.28		0.29	0.51	0.26	0.32	-0.04	-0.24	-0.4	0.45	0.25	0.43	0.22	0.26	0.3	0.2	0.73	0.23	-0.22	0.35	0.67	0.24	0.26	0.79	0.33	0.13
Other Current Liab	0.95	0.29		0.83	0.94	0.86	0.19	-0.92	-0.77	0.38	0.93	0.88	0.87	0.93	0.88	0.94	0.07	0.94	0.4	0.54	0.73	0.89	0.94	0.12	0.77	0.75
Total Current Liabilities	0.8	0.51	0.83		0.79	0.64	0.46	-0.78	-0.75	0.63	0.78	0.92	0.72	0.78	0.78	0.84	0.33	0.86	0.19	0.5	0.95	0.65	0.79	0.17	0.83	0.57
Total Stockholder Equity	1.0	0.26	0.94	0.79		0.82	0.09	-0.99	-0.66	0.42	1.0	0.89	0.77	1.0	0.84	0.89	-0.01	0.93	0.52	0.39	0.67	0.86	1.0	0.06	0.7	0.76
Property Plant And Equipment Net	0.82	0.32	0.86	0.64	0.82		-0.05	-0.76	-0.75	0.46	0.78	0.76	0.88	0.78	0.83	0.82	-0.06	0.83	0.46	0.54	0.52	0.98	0.8	0.21	0.61	0.7
Current Deferred Revenue	0.11	-0.04	0.19	0.46	0.09	-0.05		-0.11	-0.28	0.07	0.1	0.18	0.18	0.09	0.31	0.37	0.16	0.27	-0.2	0.29	0.45	-0.08	0.11	-0.3	0.42	0.08
Net Debt	-0.99	-0.24	-0.92	-0.78	-0.99	-0.76	-0.11		0.62	-0.39	-1.0	-0.88	-0.72	-1.0	-0.81	-0.86	0.01	-0.9	-0.53	-0.33	-0.66	-0.81	-1.0	-0.03	-0.68	-0.72
Retained Earnings	-0.68	-0.4	-0.77	-0.75	-0.66	-0.75	-0.28	0.62		-0.49	-0.63	-0.79	-0.79	-0.63	-0.77	-0.84	-0.35	-0.79	0.09	-0.89	-0.75	-0.71	-0.65	-0.16	-0.8	-0.57
Accounts Payable	0.44	0.45	0.38	0.63	0.42	0.46	0.07	-0.39	-0.49		0.39	0.62	0.43	0.4	0.43	0.45	0.35	0.53	0.03	0.37	0.64	0.44	0.41	0.12	0.55	0.53
Cash	1.0	0.25	0.93	0.78	1.0	0.78	0.1	-1.0	-0.63	0.39		0.87	0.74	1.0	0.82	0.87	-0.01	0.9	0.52	0.35	0.66	0.82	1.0	0.05	0.68	0.74
Non Current Assets Total	0.9	0.43	0.88	0.92	0.89	0.76	0.18	-0.88	-0.79	0.62	0.87		0.74	0.87	0.77	0.87	0.19	0.92	0.35	0.47	0.84	0.8	0.88	0.13	0.75	0.63
Non Currrent Assets Other	0.78	0.22	0.87	0.72	0.77	0.88	0.18	-0.72	-0.79	0.43	0.74	0.74		0.74	0.9	0.89	-0.04	0.82	0.33	0.57	0.6	0.84	0.76	0.05	0.85	0.57
Cash And Short Term Investments	1.0	0.26	0.93	0.78	1.0	0.78	0.09	-1.0	-0.63	0.4	1.0	0.87	0.74		0.82	0.87	0.0	0.9	0.52	0.36	0.66	0.82	1.0	0.06	0.68	0.75
Net Receivables	0.85	0.3	0.88	0.78	0.84	0.83	0.31	-0.81	-0.77	0.43	0.82	0.77	0.9	0.82		0.93	0.03	0.87	0.3	0.55	0.67	0.78	0.84	0.01	0.84	0.59
Common Stock Shares Outstanding	0.9	0.2	0.94	0.84	0.89	0.82	0.37	-0.86	-0.84	0.45	0.87	0.87	0.89	0.87	0.93		0.03	0.95	0.32	0.61	0.73	0.82	0.88	-0.07	0.86	0.7
Non Current Liabilities Total	0.01	0.73	0.07	0.33	-0.01	-0.06	0.16	0.01	-0.35	0.35	-0.01	0.19	-0.04	0.0	0.03	0.03		0.01	-0.71	0.52	0.6	-0.12	0.0	0.46	0.24	0.08
Inventory	0.93	0.23	0.94	0.86	0.93	0.83	0.27	-0.9	-0.79	0.53	0.9	0.92	0.82	0.9	0.87	0.95	0.01		0.38	0.54	0.74	0.87	0.92	0.02	0.79	0.79
Other Current Assets	0.5	-0.22	0.4	0.19	0.52	0.46	-0.2	-0.53	0.09	0.03	0.52	0.35	0.33	0.52	0.3	0.32	-0.71	0.38		-0.44	-0.06	0.54	0.51	-0.15	0.03	0.24
Other Stockholder Equity	0.41	0.35	0.54	0.5	0.39	0.54	0.29	-0.33	-0.89	0.37	0.35	0.47	0.57	0.36	0.55	0.61	0.52	0.54	-0.44		0.59	0.47	0.37	0.19	0.63	0.53
Total Liab	0.69	0.67	0.73	0.95	0.67	0.52	0.45	-0.66	-0.75	0.64	0.66	0.84	0.6	0.66	0.67	0.73	0.6	0.74	-0.06	0.59		0.51	0.67	0.3	0.78	0.51
Property Plant And Equipment Gross	0.86	0.24	0.89	0.65	0.86	0.98	-0.08	-0.81	-0.71	0.44	0.82	0.8	0.84	0.82	0.78	0.82	-0.12	0.87	0.54	0.47	0.51		0.84	0.17	0.57	0.75
Total Current Assets	1.0	0.26	0.94	0.79	1.0	0.8	0.11	-1.0	-0.65	0.41	1.0	0.88	0.76	1.0	0.84	0.88	0.0	0.92	0.51	0.37	0.67	0.84		0.06	0.7	0.75
Short Term Debt	0.07	0.79	0.12	0.17	0.06	0.21	-0.3	-0.03	-0.16	0.12	0.05	0.13	0.05	0.06	0.01	-0.07	0.46	0.02	-0.15	0.19	0.3	0.17	0.06		0.02	0.08
Other Assets	0.71	0.33	0.77	0.83	0.7	0.61	0.42	-0.68	-0.8	0.55	0.68	0.75	0.85	0.68	0.84	0.86	0.24	0.79	0.03	0.63	0.78	0.57	0.7	0.02		0.52
Good Will	0.77	0.13	0.75	0.57	0.76	0.7	0.08	-0.72	-0.57	0.53	0.74	0.63	0.57	0.75	0.59	0.7	0.08	0.79	0.24	0.53	0.51	0.75	0.75	0.08	0.52

Click cells to compare fundamentals

Ballard Power Account Relationship Matchups

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 Architect

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ballard Property Plant And Equipment Net vs Cash Analysis

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Cash

Ballard Power fundamental ratios Correlations

Ballard Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ballard Power fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Ballard Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Net Debt	- 0.92	Other Current Liab