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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ballard Power Systems's Total Liabilities for the quarter that ended in Mar. 2026 was CHF67.04 Mil. Ballard Power Systems's Total Assets for the quarter that ended in Mar. 2026 was CHF522.06 Mil.
Therefore, Ballard Power Systems's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.13.
Ballard Power Systems (XSWX:BLDP) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Ballard Power Systems Liabilities-to-Assets Related Terms
Ballard Power Systems Liabilities-to-Assets Historical Data
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The historical data trend for Ballard Power Systems's Liabilities-to-Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:BLDP vs VRT, BE: Liabilities-to-Assets Comparison
For the Electrical Equipment & Parts subindustry, Ballard Power Systems's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ballard Power Systems Liabilities-to-Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's Liabilities-to-Assets falls into.
Ballard Power Systems Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Ballard Power Systems's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ballard Power Systems (XSWX:BLDP) has a Liabilities-to-Assets of 0.13 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Liabilities-to-Assets too high?
Ballard Power Systems' current Liabilities-to-Assets is 0.13. Overall, Ballard Power Systems has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Liabilities-to-Assets compare to VRT and BE?
Ballard Power Systems' Liabilities-to-Assets of 0.13 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Industrial Products company?
A good Liabilities-to-Assets depends on the Industrial Products industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Liabilities-to-Assets is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current Liabilities-to-Assets of 0.13. The stock's GF Value™ is CHF2.42, compared to a current price of CHF2.20 — trading 9.2% below its estimated fair value. The current Liabilities-to-Assets is 0.13. Ballard Power Systems' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Liabilities-to-Assets is 0.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued.
The current stock price of CHF2.20 is trading 9.2% below its estimated GF Value™ of CHF2.42.
Key valuation signals for XSWX:BLDP:
Liabilities-to-Assets: 0.13
GF Value™: CHF2.42 vs. price of CHF2.20 (9.2% below fair value)
No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
75GF Score
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