Ballard Power Systems Inc.

Toronto Stock Exchange BLDP.TO

Ballard Power Systems Inc. Debt to Equity Ratio for the year ending December 31, 2023: 0.02

Ballard Power Systems Inc. Debt to Equity Ratio is 0.02 for the year ending December 31, 2023, a 33.02% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Ballard Power Systems Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 0.01, a 5.31% change year over year.
  • Ballard Power Systems Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 0.01, a -35.03% change year over year.
  • Ballard Power Systems Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 0.02, a -74.86% change year over year.
  • Ballard Power Systems Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 0.08, a 291.63% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
SV Wall Street
Toronto Stock Exchange: BLDP.TO

Ballard Power Systems Inc.

CEO Mr. R. Randall MacEwen BA, LLB
IPO Date March 21, 1996
Location Canada
Headquarters 9000 Glenlyon Parkway
Employees 1,173
Sector Consumer Discretionary
Industries
Electric Vehicles (EVs) Automobiles & Vehicles Automotive Parts Composite Materials Energy Storage & Batteries Gas Hardware & Electronics Petrochemicals
Description

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and backup power. It also provides technology solutions, including engineering and technology transfer, as well as licenses and sells intellectual property portfolio and fundamental knowledge for various PEM fuel cell applications; and hydrogen fuel cell powertrain and vehicle systems integration solutions. It operates in China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, Sweden, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

StockViz Staff

February 6, 2025

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