Ballard Power Systems Stock Debt To Equity

BLDP Stock

USD 2.02 0.02 0.98%

Ballard Power's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Ballard Stock price.

		Last Reported	Projected for Next Year
	Debt To Equity	0.04	0.03

As of 07/24/2025, Debt To Equity is likely to drop to 0.03.

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Ballard Power Systems Company Debt To Equity Analysis

Ballard Power's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Ballard Power Debt To Equity

0.01 %

Most of Ballard Power's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ballard Power Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ballard Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Ballard Power is extremely important. It helps to project a fair market value of Ballard Stock properly, considering its historical fundamentals such as Debt To Equity. Since Ballard Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ballard Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ballard Power's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Good Will	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.14	-0.98	-0.57	0.7	0.73	0.75	0.98	0.06	0.29	-0.3	-0.27	0.87	-0.22	-0.1	0.97	0.17	0.95	0.75	0.77	-0.15	0.98	0.98	0.9
Total Stockholder Equity	1.0		0.12	-0.98	-0.55	0.68	0.72	0.73	0.98	0.04	0.29	-0.28	-0.25	0.87	-0.24	-0.12	0.96	0.19	0.95	0.76	0.76	-0.14	0.98	0.98	0.9
Current Deferred Revenue	0.14	0.12		-0.1	-0.17	0.23	0.36	0.38	0.1	-0.3	0.2	-0.4	-0.09	0.02	-0.19	0.03	0.14	0.18	0.08	-0.17	0.12	0.11	0.06	0.06	-0.07
Net Debt	-0.98	-0.98	-0.1		0.6	-0.64	-0.68	-0.69	-1.0	-0.02	-0.17	0.26	0.25	-0.93	0.25	0.15	-0.95	-0.22	-0.94	-0.74	-0.81	0.29	-1.0	-1.0	-0.94
Retained Earnings	-0.57	-0.55	-0.17	0.6		-0.58	-0.53	-0.74	-0.63	-0.13	0.33	0.75	0.66	-0.76	-0.24	-0.44	-0.61	0.07	-0.67	-0.35	-0.71	0.62	-0.59	-0.6	-0.72
Accounts Payable	0.7	0.68	0.23	-0.64	-0.58		0.64	0.72	0.66	0.02	0.3	-0.42	-0.32	0.59	-0.09	0.03	0.74	-0.03	0.7	0.58	0.64	-0.14	0.65	0.63	0.62
Net Receivables	0.73	0.72	0.36	-0.68	-0.53	0.64		0.67	0.69	-0.01	0.2	-0.45	-0.49	0.59	-0.19	-0.01	0.68	0.15	0.71	0.53	0.66	-0.02	0.67	0.67	0.57
Total Liab	0.75	0.73	0.38	-0.69	-0.74	0.72	0.67		0.71	0.27	0.15	-0.64	-0.53	0.67	0.21	0.34	0.77	-0.22	0.76	0.48	0.67	-0.17	0.67	0.68	0.67
Total Current Assets	0.98	0.98	0.1	-1.0	-0.63	0.66	0.69	0.71		0.05	0.13	-0.28	-0.3	0.94	-0.21	-0.13	0.95	0.19	0.94	0.74	0.84	-0.34	1.0	1.0	0.94
Short Term Debt	0.06	0.04	-0.3	-0.02	-0.13	0.02	-0.01	0.27	0.05		0.02	-0.12	-0.44	0.06	0.6	0.36	0.05	-0.61	0.03	0.11	0.07	-0.02	0.07	0.06	0.1
Good Will	0.29	0.29	0.2	-0.17	0.33	0.3	0.2	0.15	0.13	0.02		-0.06	0.24	-0.19	-0.03	0.02	0.2	-0.1	0.08	0.03	-0.24	0.78	0.17	0.14	-0.09
Short Term Investments	-0.3	-0.28	-0.4	0.26	0.75	-0.42	-0.45	-0.64	-0.28	-0.12	-0.06		0.56	-0.27	-0.48	-0.8	-0.25	0.22	-0.29	0.18	-0.25	0.13	-0.24	-0.24	-0.23
Intangible Assets	-0.27	-0.25	-0.09	0.25	0.66	-0.32	-0.49	-0.53	-0.3	-0.44	0.24	0.56		-0.39	-0.54	-0.49	-0.28	0.45	-0.33	-0.25	-0.45	0.36	-0.27	-0.28	-0.35
Net Tangible Assets	0.87	0.87	0.02	-0.93	-0.76	0.59	0.59	0.67	0.94	0.06	-0.19	-0.27	-0.39		-0.16	-0.11	0.89	0.18	0.91	0.74	0.91	-0.61	0.93	0.94	0.98
Long Term Debt	-0.22	-0.24	-0.19	0.25	-0.24	-0.09	-0.19	0.21	-0.21	0.6	-0.03	-0.48	-0.54	-0.16		0.85	-0.25	-0.86	-0.25	-0.34	-0.17	-0.07	-0.22	-0.22	-0.17
Deferred Long Term Liab	-0.1	-0.12	0.03	0.15	-0.44	0.03	-0.01	0.34	-0.13	0.36	0.02	-0.8	-0.49	-0.11	0.85		-0.15	-0.57	-0.1	-0.42	-0.12	0.01	-0.15	-0.15	-0.11
Long Term Investments	0.97	0.96	0.14	-0.95	-0.61	0.74	0.68	0.77	0.95	0.05	0.2	-0.25	-0.28	0.89	-0.25	-0.15		0.21	0.96	0.82	0.81	-0.24	0.95	0.95	0.93
Treasury Stock	0.17	0.19	0.18	-0.22	0.07	-0.03	0.15	-0.22	0.19	-0.61	-0.1	0.22	0.45	0.18	-0.86	-0.57	0.21		0.22	0.17	0.19	-0.05	0.2	0.2	0.17
Common Stock	0.95	0.95	0.08	-0.94	-0.67	0.7	0.71	0.76	0.94	0.03	0.08	-0.29	-0.33	0.91	-0.25	-0.1	0.96	0.22		0.83	0.81	-0.25	0.93	0.93	0.95
Property Plant Equipment	0.75	0.76	-0.17	-0.74	-0.35	0.58	0.53	0.48	0.74	0.11	0.03	0.18	-0.25	0.74	-0.34	-0.42	0.82	0.17	0.83		0.73	-0.19	0.75	0.75	0.81
Long Term Debt Total	0.77	0.76	0.12	-0.81	-0.71	0.64	0.66	0.67	0.84	0.07	-0.24	-0.25	-0.45	0.91	-0.17	-0.12	0.81	0.19	0.81	0.73		-0.6	0.82	0.83	0.86
Capital Surpluse	-0.15	-0.14	0.11	0.29	0.62	-0.14	-0.02	-0.17	-0.34	-0.02	0.78	0.13	0.36	-0.61	-0.07	0.01	-0.24	-0.05	-0.25	-0.19	-0.6		-0.3	-0.32	-0.48
Net Invested Capital	0.98	0.98	0.06	-1.0	-0.59	0.65	0.67	0.67	1.0	0.07	0.17	-0.24	-0.27	0.93	-0.22	-0.15	0.95	0.2	0.93	0.75	0.82	-0.3		1.0	0.94
Net Working Capital	0.98	0.98	0.06	-1.0	-0.6	0.63	0.67	0.68	1.0	0.06	0.14	-0.24	-0.28	0.94	-0.22	-0.15	0.95	0.2	0.93	0.75	0.83	-0.32	1.0		0.94
Capital Stock	0.9	0.9	-0.07	-0.94	-0.72	0.62	0.57	0.67	0.94	0.1	-0.09	-0.23	-0.35	0.98	-0.17	-0.11	0.93	0.17	0.95	0.81	0.86	-0.48	0.94	0.94

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Ballard Debt To Equity Historical Pattern

Today, most investors in Ballard Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ballard Power's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ballard Power debt to equity as a starting point in their analysis.

Ballard Power Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

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Debt To Equity Over Time

Ballard Total Stockholder Equity

Total Stockholder Equity

429.62 Million

At this time, Ballard Power's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, Ballard Power Systems has a Debt To Equity of 0.013%. This is 99.98% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The debt to equity for all United States stocks is 99.97% higher than that of the company.

Ballard Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ballard Power's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ballard Power could also be used in its relative valuation, which is a method of valuing Ballard Power by comparing valuation metrics of similar companies.

Ballard Power is currently under evaluation in debt to equity category among its peers.

Ballard Power Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ballard Power from analyzing Ballard Power's financial statements. These drivers represent accounts that assess Ballard Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ballard Power's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	5.8B	3.7B	1.4B	1.1B	496.9M	740.0M
Enterprise Value	5.1B	2.6B	529.9M	371.8M	(83.2M)	(79.0M)

Ballard Power ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ballard Power's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ballard Power's managers, analysts, and investors.

Environmental

Governance

Social

Ballard Fundamentals

	Return On Equity	-0.38
	Return On Asset	-0.11
	Operating Margin	(1.87) %
	Current Valuation	56.08 M
	Shares Outstanding	299.83 M
	Shares Owned By Insiders	15.51 %
	Shares Owned By Institutions	26.27 %
	Number Of Shares Shorted	14.36 M
	Price To Earning	(86.55) X
	Price To Book	0.94 X
	Price To Sales	8.57 X
	Revenue	69.73 M
	Gross Profit	(20.18 M)
	EBITDA	(290.13 M)
	Net Income	(324.25 M)
	Cash And Equivalents	957.43 M
	Cash Per Share	3.21 X
	Total Debt	23.89 M
	Debt To Equity	0.01 %
	Current Ratio	14.44 X
	Book Value Per Share	2.18 X
	Cash Flow From Operations	(108.1 M)
	Short Ratio	1.39 X
	Earnings Per Share	(1.01) X
	Price To Earnings To Growth	(3,427) X
	Target Price	2.59
	Number Of Employees	887
	Beta	1.72
	Market Capitalization	605.66 M
	Total Asset	777.31 M
	Retained Earnings	(2.06 B)
	Working Capital	623.29 M
	Current Asset	87.57 M
	Current Liabilities	30.19 M
	Net Asset	777.31 M

About Ballard Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ballard Power Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ballard Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ballard Power Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Ballard Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ballard Stock

0.79	BW	Babcock Wilcox Enter	Pair Corr
0.81	CR	Crane Company Earnings Call This Week	Pair Corr
0.82	IR	Ingersoll Rand Earnings Call This Week	Pair Corr
0.83	PH	Parker Hannifin	Pair Corr

Moving against Ballard Stock

0.49	CSW	CSW Industrials, Symbol Change	Pair Corr
0.44	EPAC	Enerpac Tool Group	Pair Corr
0.4	ENOV	Enovis Corp	Pair Corr

The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.

The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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