Ballard Power Systems Inc. (BLDP)

Ballard Power Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	576.7	603.95	751.13	913.73	1,124	763.43
Short-Term Investments	2.1	2.1	2.11	2.01	3	2
Cash & Short-Term Investments	578.8	606.05	753.24	915.74	1,127	765.43
Cash Growth	-19.92%	-19.54%	-17.75%	-18.74%	47.22%	417.91%
Accounts Receivable	28.12	27.33	50.76	38.59	39.81	51.53
Other Receivables	-	4.65	7.81	10.1	6.59	5.27
Receivables	28.12	31.98	58.57	48.7	46.4	56.8
Inventory	65.12	56.42	45.87	58.05	51.52	28.52
Prepaid Expenses	3.08	3.74	6.52	7.22	4.34	2.94
Other Current Assets	-	0.69	0.54	-1.2	0.03	0.63
Total Current Assets	675.12	698.88	864.74	1,029	1,229	854.32
Property, Plant & Equipment	29.56	30.42	116.33	82.36	56.06	49.33
Long-Term Investments	49.58	45.75	54.25	66.36	70.29	27.57
Goodwill	-	-	40.28	64.27	64.27	40.28
Other Intangible Assets	1.87	1.76	1.41	5.21	20.79	3.76
Other Long-Term Assets	0.48	0.5	0.55	0.37	0.35	0.34
Total Assets	756.61	777.31	1,078	1,247	1,441	975.6
Accounts Payable	36.47	12.3	13.72	20.44	13.69	9.07
Accrued Expenses	-	17.11	19.24	13.25	15.83	14.42
Current Portion of Leases	3.03	2.9	4.51	3.9	3.24	2.69
Current Income Taxes Payable	-	0.65	1.11	0.59	0.91	1.08
Current Unearned Revenue	9.15	6.64	4.59	8.03	12.11	9.89
Other Current Liabilities	26.35	35.99	27.43	26.97	37.39	14.94
Total Current Liabilities	74.99	75.59	70.59	73.17	83.16	52.09
Long-Term Leases	20.24	21	13.39	11.84	13.88	15.18
Long-Term Unearned Revenue	4.87	5.06	0.49	0.9	1.32	1.73
Long-Term Deferred Tax Liabilities	-	-	-	-	3.58	-
Other Long-Term Liabilities	2.7	2.58	2.34	1.81	8.9	1.76
Total Liabilities	102.79	104.32	86.33	88.17	112.73	74.71
Common Stock	2,430	2,429	2,426	2,420	2,416	1,885
Additional Paid-In Capital	309.49	309.97	306.04	300.76	297.82	290.76
Retained Earnings	-2,082	-2,061	-1,738	-1,561	-1,388	-1,276
Comprehensive Income & Other	-4.24	-4.77	-2.96	-1.49	1.72	0.91
Total Common Equity	653.82	672.99	991.22	1,159	1,328	900.89
Shareholders' Equity	653.82	672.99	991.22	1,159	1,328	900.89
Total Liabilities & Equity	756.61	777.31	1,078	1,247	1,441	975.6
Total Debt	23.26	23.89	17.9	15.73	17.12	17.87
Net Cash (Debt)	555.54	582.16	735.35	900.01	1,110	747.56
Net Cash Growth	-19.91%	-20.83%	-18.30%	-18.90%	48.45%	483.84%
Net Cash Per Share	1.84	1.95	2.46	3.02	3.76	3.01
Filing Date Shares Outstanding	300.51	299.66	299.04	298.44	297.81	297.09
Total Common Shares Outstanding	300.51	299.44	298.94	298.39	297.7	282.08
Working Capital	600.13	623.29	794.16	955.34	1,146	802.22
Book Value Per Share	2.18	2.25	3.32	3.88	4.46	3.19
Tangible Book Value	651.96	671.23	949.53	1,089	1,243	856.85
Tangible Book Value Per Share	2.17	2.24	3.18	3.65	4.18	3.04
Machinery	-	176.62	156.22	118.35	86.41	74.78
Leasehold Improvements	-	14.35	10.78	9.65	9.45	9.2
Order Backlog	-	173.5	-	-	-	-

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q