Ballard Total Assets from 2010 to 2025

BLDP Stock  USD 1.30  0.02  1.52%   
Ballard Power Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 494.6 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1994-03-31
Previous Quarter
829.1 M
Current Value
777.3 M
Quarterly Volatility
392.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ballard Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ballard Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 2.3 M or Selling General Administrative of 18 M, as well as many indicators such as Price To Sales Ratio of 6.77, Dividend Yield of 0.0 or PTB Ratio of 0.7. Ballard financial statements analysis is a perfect complement when working with Ballard Power Valuation or Volatility modules.
  
Check out the analysis of Ballard Power Correlation against competitors.

Latest Ballard Power's Total Assets Growth Pattern

Below is the plot of the Total Assets of Ballard Power Systems over the last few years. Total assets refers to the total amount of Ballard Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ballard Power Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Ballard Power's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ballard Power's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 777.31 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Ballard Total Assets Regression Statistics

Arithmetic Mean486,514,791
Geometric Mean293,966,781
Coefficient Of Variation95.05
Mean Deviation386,746,277
Median340,319,000
Standard Deviation462,442,685
Sample Variance213853.2T
Range1.4B
R-Value0.75
Mean Square Error100187.7T
R-Squared0.56
Significance0.0008
Slope72,865,128
Total Sum of Squares3207798.6T

Ballard Total Assets History

2025494.6 M
2024777.3 M
20231.1 B
20221.2 B
20211.4 B
2020975.6 M
2019340.3 M

Other Fundumenentals of Ballard Power Systems

Ballard Power Total Assets component correlations

1.00.14-0.98-0.570.470.730.750.980.060.29-0.3-0.270.87-0.22-0.10.970.170.950.750.77-0.150.980.980.9
1.00.12-0.98-0.550.450.720.730.980.040.29-0.28-0.250.87-0.24-0.120.960.190.950.760.76-0.140.980.980.9
0.140.12-0.1-0.170.070.390.380.1-0.30.2-0.4-0.090.02-0.190.030.140.180.08-0.170.120.110.060.06-0.07
-0.98-0.98-0.10.6-0.41-0.68-0.69-1.0-0.02-0.170.260.25-0.930.250.15-0.95-0.22-0.94-0.74-0.810.29-1.0-1.0-0.94
-0.57-0.55-0.170.6-0.43-0.53-0.74-0.63-0.130.330.750.66-0.76-0.24-0.44-0.610.07-0.67-0.35-0.710.62-0.59-0.6-0.72
0.470.450.07-0.41-0.430.410.620.430.120.32-0.35-0.440.380.30.220.49-0.50.450.430.42-0.070.420.410.41
0.730.720.39-0.68-0.530.410.680.69-0.020.21-0.46-0.480.59-0.2-0.010.680.150.710.520.65-0.020.670.670.56
0.750.730.38-0.69-0.740.620.680.710.270.15-0.64-0.530.670.210.340.77-0.220.760.480.67-0.170.670.680.67
0.980.980.1-1.0-0.630.430.690.710.050.13-0.28-0.30.94-0.21-0.130.950.190.940.740.84-0.341.01.00.94
0.060.04-0.3-0.02-0.130.12-0.020.270.050.02-0.12-0.440.060.60.360.05-0.610.030.110.07-0.020.070.060.1
0.290.290.2-0.170.330.320.210.150.130.02-0.060.24-0.19-0.030.020.2-0.10.080.03-0.240.780.170.14-0.09
-0.3-0.28-0.40.260.75-0.35-0.46-0.64-0.28-0.12-0.060.56-0.27-0.48-0.8-0.250.22-0.290.18-0.250.13-0.24-0.24-0.23
-0.27-0.25-0.090.250.66-0.44-0.48-0.53-0.3-0.440.240.56-0.39-0.54-0.49-0.280.45-0.33-0.25-0.450.36-0.27-0.28-0.35
0.870.870.02-0.93-0.760.380.590.670.940.06-0.19-0.27-0.39-0.16-0.110.890.180.910.740.91-0.610.930.940.98
-0.22-0.24-0.190.25-0.240.3-0.20.21-0.210.6-0.03-0.48-0.54-0.160.85-0.25-0.86-0.25-0.34-0.17-0.07-0.22-0.22-0.17
-0.1-0.120.030.15-0.440.22-0.010.34-0.130.360.02-0.8-0.49-0.110.85-0.15-0.57-0.1-0.42-0.120.01-0.15-0.15-0.11
0.970.960.14-0.95-0.610.490.680.770.950.050.2-0.25-0.280.89-0.25-0.150.210.960.820.81-0.240.950.950.93
0.170.190.18-0.220.07-0.50.15-0.220.19-0.61-0.10.220.450.18-0.86-0.570.210.220.170.19-0.050.20.20.17
0.950.950.08-0.94-0.670.450.710.760.940.030.08-0.29-0.330.91-0.25-0.10.960.220.830.81-0.250.930.930.95
0.750.76-0.17-0.74-0.350.430.520.480.740.110.030.18-0.250.74-0.34-0.420.820.170.830.73-0.190.750.750.81
0.770.760.12-0.81-0.710.420.650.670.840.07-0.24-0.25-0.450.91-0.17-0.120.810.190.810.73-0.60.820.830.86
-0.15-0.140.110.290.62-0.07-0.02-0.17-0.34-0.020.780.130.36-0.61-0.070.01-0.24-0.05-0.25-0.19-0.6-0.3-0.32-0.48
0.980.980.06-1.0-0.590.420.670.671.00.070.17-0.24-0.270.93-0.22-0.150.950.20.930.750.82-0.31.00.94
0.980.980.06-1.0-0.60.410.670.681.00.060.14-0.24-0.280.94-0.22-0.150.950.20.930.750.83-0.321.00.94
0.90.9-0.07-0.94-0.720.410.560.670.940.1-0.09-0.23-0.350.98-0.17-0.110.930.170.950.810.86-0.480.940.94
Click cells to compare fundamentals

About Ballard Power Financial Statements

Ballard Power shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Ballard Power investors may analyze each financial statement separately, they are all interrelated. The changes in Ballard Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ballard Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets777.3 M494.6 M

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

  0.84BW Babcock Wilcox EnterPairCorr

Moving against Ballard Stock

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  0.51EPAC Enerpac Tool GroupPairCorr
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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 CorrelationCorrelation 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.