Ballard Power Systems (LTS:0QY5) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ballard Power Systems LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ballard Power Systems's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Ballard Power Systems's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.03). It may suggest that Ballard Power Systems is progressively becoming more dependent on debt to grow their business.

Ballard Power Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ballard Power Systems's LT-Debt-to-Total-Asset 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.

* Premium members only.

Ballard Power Systems LT-Debt-to-Total-Asset Chart

Ballard Power Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

0.03

Ballard Power Systems Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.02	0.03	0.03

Ballard Power Systems LT-Debt-to-Total-Asset Calculation

Ballard Power Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	29.912	/	1107.429
	=	0.03

Ballard Power Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	29.912	/	1107.429
	=	0.03

Ballard Power Systems (LTS:0QY5) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ballard Power Systems LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Ballard Power Systems's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ballard Power Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (LTS:0QY5) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BLDP:USA PO0:Germany BLDP:Canada PO0:Bulgaria

Address

9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8

Website

https://www.ballard.com

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 Poland followed by United States, United Kingdom, and other countries.

Ballard Power Systems Headlines

No Headlines