Ballard Power Systems Inc. (TSX: BLDP)

Ballard Power Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	678.03	751.13	913.73	1,124	763.43	147.79
Short-Term Investments	2.11	2.11	2.01	3	2	-
Cash & Short-Term Investments	680.14	753.24	915.74	1,127	765.43	147.79
Cash Growth	-16.76%	-17.74%	-18.74%	47.22%	417.91%	-23.12%
Accounts Receivable	33.92	50.76	38.59	39.81	51.53	45.97
Other Receivables	5.41	7.81	10.1	6.59	5.27	3.35
Receivables	39.33	58.57	48.7	46.4	56.8	49.32
Inventory	62.04	45.87	58.05	51.52	28.52	30.1
Prepaid Expenses	7.44	6.52	7.22	4.34	2.94	2.01
Other Current Assets	-	0.54	-1.2	0.03	0.63	0.31
Total Current Assets	788.95	864.74	1,029	1,229	854.32	229.53
Property, Plant & Equipment	135.97	116.33	82.36	56.06	49.33	42.84
Long-Term Investments	53.59	54.25	66.36	70.29	27.57	21.65
Goodwill	40.28	40.28	64.27	64.27	40.28	40.29
Other Intangible Assets	1.78	1.41	5.21	20.79	3.76	5.69
Other Long-Term Assets	0.52	0.55	0.37	0.35	0.34	0.34
Total Assets	1,021	1,078	1,247	1,441	975.6	340.32
Accounts Payable	21.4	13.72	20.44	13.69	9.07	14.88
Accrued Expenses	12.08	19.24	13.25	15.83	14.42	12.6
Current Portion of Leases	3.5	4.51	3.9	3.24	2.69	2.45
Current Income Taxes Payable	0.16	1.11	0.59	0.91	1.08	0.39
Current Unearned Revenue	9.08	4.59	8.03	12.11	9.89	20.16
Other Current Liabilities	26.13	27.43	26.97	37.39	14.94	14.05
Total Current Liabilities	72.35	70.59	73.17	83.16	52.09	64.52
Long-Term Leases	24.53	13.39	11.84	13.88	15.18	17.31
Long-Term Unearned Revenue	0.28	0.49	0.9	1.32	1.73	2.15
Long-Term Deferred Tax Liabilities	-	-	-	3.58	-	-
Other Long-Term Liabilities	2.29	2.34	1.81	8.9	1.76	1.69
Total Liabilities	98.96	86.33	88.17	112.73	74.71	90.06
Common Stock	2,428	2,426	2,420	2,416	1,885	1,183
Additional Paid-In Capital	308.06	306.04	300.76	297.82	290.76	290.64
Retained Earnings	-1,810	-1,738	-1,561	-1,388	-1,276	-1,224
Comprensive Income & Other	-4.14	-2.96	-1.49	1.72	0.91	0.81
Total Common Equity	922.13	991.22	1,159	1,328	900.89	250.26
Shareholders' Equity	922.13	991.22	1,159	1,328	900.89	250.26
Total Liabilities & Equity	1,021	1,078	1,247	1,441	975.6	340.32
Total Debt	28.03	17.9	15.73	17.12	17.87	19.75
Net Cash (Debt)	652.11	735.35	900.01	1,110	747.56	128.04
Net Cash Growth	-18.79%	-18.30%	-18.90%	48.45%	483.84%	-31.36%
Net Cash Per Share	2.18	2.46	3.02	3.76	3.01	0.55
Filing Date Shares Outstanding	299.41	299.04	298.44	297.81	297.09	234.65
Total Common Shares Outstanding	299.41	298.94	298.39	297.7	282.08	234.51
Working Capital	716.6	794.16	955.34	1,146	802.22	165.01
Book Value Per Share	3.08	3.32	3.88	4.46	3.19	1.07
Tangible Book Value	880.07	949.53	1,089	1,243	856.85	204.29
Tangible Book Value Per Share	2.94	3.18	3.65	4.18	3.04	0.87
Buildings	-	0.94	-	-	-	-
Machinery	-	156.22	118.35	86.41	74.78	62.51
Leasehold Improvements	-	10.78	9.65	9.45	9.2	8.56
Order Backlog	-	130.5	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.