Ballard Power Systems Inc. (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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	635.11	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	637.22	753.24	915.74	1,127	765.43	147.79
Cash Growth	-18.62%	-17.74%	-18.74%	47.22%	417.91%	-23.12%
Accounts Receivable	25.51	50.76	38.59	39.81	51.53	45.97
Other Receivables	5.2	7.81	10.1	6.59	5.27	3.35
Receivables	30.71	58.57	48.7	46.4	56.8	49.32
Inventory	67.17	45.87	58.05	51.52	28.52	30.1
Prepaid Expenses	7.37	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	742.47	864.74	1,029	1,229	854.32	229.53
Property, Plant & Equipment	32.36	116.33	82.36	56.06	49.33	42.84
Long-Term Investments	52.86	54.25	66.36	70.29	27.57	21.65
Goodwill	-	40.28	64.27	64.27	40.28	40.29
Other Intangible Assets	2.19	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	830.4	1,078	1,247	1,441	975.6	340.32
Accounts Payable	19.37	13.72	20.44	13.69	9.07	14.88
Accrued Expenses	15.03	19.24	13.25	15.83	14.42	12.6
Current Portion of Leases	3.53	4.51	3.9	3.24	2.69	2.45
Current Income Taxes Payable	0.34	1.11	0.59	0.91	1.08	0.39
Current Unearned Revenue	6.87	4.59	8.03	12.11	9.89	20.16
Other Current Liabilities	37.27	27.43	26.97	37.39	14.94	14.05
Total Current Liabilities	82.41	70.59	73.17	83.16	52.09	64.52
Long-Term Leases	23.99	13.39	11.84	13.88	15.18	17.31
Long-Term Unearned Revenue	2.64	0.49	0.9	1.32	1.73	2.15
Long-Term Deferred Tax Liabilities	-	-	-	3.58	-	-
Other Long-Term Liabilities	2.34	2.34	1.81	8.9	1.76	1.69
Total Liabilities	110.89	86.33	88.17	112.73	74.71	90.06
Common Stock	2,429	2,426	2,420	2,416	1,885	1,183
Additional Paid-In Capital	308.99	306.04	300.76	297.82	290.76	290.64
Retained Earnings	-2,015	-1,738	-1,561	-1,388	-1,276	-1,224
Comprehensive Income & Other	-2.75	-2.96	-1.49	1.72	0.91	0.81
Total Common Equity	719.51	991.22	1,159	1,328	900.89	250.26
Shareholders' Equity	719.51	991.22	1,159	1,328	900.89	250.26
Total Liabilities & Equity	830.4	1,078	1,247	1,441	975.6	340.32
Total Debt	27.52	17.9	15.73	17.12	17.87	19.75
Net Cash (Debt)	609.71	735.35	900.01	1,110	747.56	128.04
Net Cash Growth	-20.26%	-18.30%	-18.90%	48.45%	483.84%	-31.36%
Net Cash Per Share	2.04	2.46	3.02	3.76	3.01	0.55
Filing Date Shares Outstanding	299.42	299.04	298.44	297.81	297.09	234.65
Total Common Shares Outstanding	299.42	298.94	298.39	297.7	282.08	234.51
Working Capital	660.06	794.16	955.34	1,146	802.22	165.01
Book Value Per Share	2.40	3.32	3.88	4.46	3.19	1.07
Tangible Book Value	717.32	949.53	1,089	1,243	856.85	204.29
Tangible Book Value Per Share	2.40	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.